3 replies on this article “1 cr worth of Jeevan Anand Policy of my client – whats next ?”

1. ashalanshu says:

   October 13, 2013 at 9:36 pm

   Dear Vaibhav, the paid up value assigned today ‘ll be certainly higher than Surrender value but no increase ‘ll be there after it’s assigned. Now this Paid up value ‘ll be delievered only after policy term i.e. 40Y or death, which ever comes earlier. Now you decide on your own, what is good for him? Waiting for this paid up value with out any fresh increase in vlaue or surrender it now and investing elsewhere to recover not only the loss but also some positive gains.

   Thanks

   Ashal

   Reply
2. VAIIBHAV USHAKANT JHAVERRI says:

   October 13, 2013 at 9:21 am

   in all he has paid INR 8,65,820. So should he book such a big loss of INR 4,82,000 or else should he just paid up this policy and wait till surrender value atleast comes to the level of his total cost of INR 8,65,820.

   Reply
3. ashalanshu says:

   October 12, 2013 at 11:17 pm

   Dear Vaibhav, From the prem. figures I assume your client falls in NHI category. As the policy term is 40Y and just 4 prem. have been paid, it’s advisable to book loss and receive the surrender amount. Invest the surrender amount as well as fresh prem. elsewhere.

   Thanks

   Ashal

   Reply

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