You may choose to surrender the policy at any time during the Policy Term. If you opt to surrender the policy before the expiration of the Lock-in-Period of 5 years, Future Generali will deduct Discontinuance Charges and transfer the accumulated fund value to the Discontinued Policy Fund. After that, the proceeds of the surrendered policy will be accumulated at the minimum guaranteed interest rate of 4% (the rate is subject to change as per directives from the IRDAI) in the Discontinued fund and will be paid to you immediately upon the expiration of the 5-year Lock-in period. It is advisable to continue with the ULIP policy as during the initial years, the policy may not yield expected returns, given the high allocation charges of the policy. If you opt to surrender after the expiry of Lock-in-Period of 5 years, fund value shall be paid to you immediately.