Hi all , I was forced to do an ULIP investment before 5 years and I am still holding it . I am paying 60000 per year .Its for 15 years . I have till now completly invested in  Growth fund which is completly dependent on Market. Now when I googled about these funds I […]

Hello, I bought a HDFC Life UL YoungStar Champion (ULIP Policy) andd till date (2009 – 2013), I have paid Rs 2.5 lakhs (yearly premium of Rs 50,000) and the policy is in paid up state. The current Fund Value is Rs 2.22 lakhs. I am not paying any further premiums but should i wait for […]

We have invested in ICICI Pru life time Pension Plan II and already paid 81 installments of rs 10000 each. The policy was for 10 years period but we premature it in oct 2012 and received Rs 810000 as principle and Rs 2,83,991 as interest. Please advise on taxability of sum received

Dear Manish I got just introduced to your blog few days back and found it is good to read. The one particular point I observed in your blog is you are trying to tell that LIC policies/endowment plans and/ULIP are normally not good for public. I am also now understanding it is somewhat true. I […]

Dear Sir, I had discontinued  paying premium for my ICICI ULIP, after paying 1 premium (ie) yearly and two more premiums were to be paid. I had paid two lakhs yearly can i get my money back. ? satheesh saxena

I have a ULIP policy in my wife’s name as she couldn’t get a term insurance (home maker). In the ICICI Pru Life I came across the automatic transfer plan, basically when we put in the yearly premium we can put in one of the debt funds (such as money market) and specify a monthly […]

Sir, I have taken the above plan from 28.02.2011, monthly premium is Rs 4999/- (Annual Premium 60,000/-) for 10 years and the maturity is on 28.02.2041. The insurance coverage is 4.5 lakhs. My question is that though there is little up in unit price but the cumulative unit fund is far lesser than the money […]

Hi , I have invested in ULIP in 2009 of Rs50,000 p.a.  (was trapped by agent.!!) I have a home loan remaining of 5 lakhs , so should I surrender ULIP (only when sensex is around 20k) as it is giving terrible returns and put that money in FD , or repay my loan in […]

5 years ago I bought a HDFC Life ULPP II. At that time I was told that I can stop paying premiums after 5 years (annual premium is 5 years). There turned out to be a lot of hidden costs (including monthly charges for “fund management”). I wish to get rid of this now, and […]

Hi Manish, ICICI agents are behind me for making me invest in ICICI Pru LifeStage Wealth II? Is this worth now. I’m employed with pretty decent salary. I’m 45 years old, survived with my wife [home maker] and a daughter in 12 std. They are suggesting for Rs. 50,000 yearly premium for 5 or 7 […]