This is one investment plan I could not understand and my husband did it by mistake (most common mistake done due to obligation).

1. applied as a Debt fund (2 years ago) 2. huge amount of 10,000 inr p.m 3. Handling charges are too much (eat out most part of the investment)

Need to know how to stop this with minimal impact. As being a regular read of Jago investor I know that this investment is worse in my(our) portfolio. How do I get this undone?

Thanks Archana

1 Answers

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1 MoneySavingsHelp October 12, 2010 at 7:21 pm

You can refund the policy bond & get all your money back within 15 days (free-look period) of getting policy bond. If that period is over, just stop making the premium after 1 year and surrender your policy after 5 years. Till 5 years, there are surrender charges in this policy till 5 years.

Hope it will help you.


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