HDFC SL Crest

POSTED BY Vibhor ON September 10, 2012 9:58 pm COMMENTS (8)

I invested in HDFC SL Crest last year and now I relaize that I may not be getting good return even if I continue in policy so I want to discontinue this policy after investing 1 premium and be happy with whatever money I get after 5 year. Do you think its wise idea

8 replies on this article “HDFC SL Crest”

  1. Hi Vibhor,

    This article might help in making a choice on continuing or discontinuing your HDFC Crest investment.
    http://www.caporbit.com/hdfc-crest-ulip-discontinue-or-continue/

    Regards,
    Kunal

  2. Microsoft@1 says:

    Dear Ashal,

    I di dnot know earlier how it works but I spent time and rea dmany articles on this site and got idea. In fact I did not go in details when I decided to invest in this and went by agent words who did not tell me unrevealed charges and i did no take pain to read all details after receiving document, I guess I would have cancelled the policy with in 15 days if I spent a little time before investment. Their Premium Allocation, fund management , Policy Administration, Mis charges already deduct good amount from premium.

    I might get good return on FD ( 9.25%) for 1 year 16 days in HDFC itself.

    1. Dear Microsoft, as you know the answer now, it’s the right time to do the sensible thing. Stop this policy. Purchase term cover for your insurance needs & invest elsewhere in pure investment oriented products like PPF, FDs, MFs.

      Thanks

      Ashal

  3. Dear Microsoft, what’s the query?

    Thanks

    Ashal

    1. Microsoft@1 says:

      Hi Ashal,

      I invested in HDFC SL Crest last year and now I relaize that I may not be getting good return even if I continue in policy so I want to discontinue this policy after investing 1 premium and be happy with whatever money I get after 5 year. Do you think its wise idea

      1. Dear microsoft, yes, it’s a good idea to inform the insurer that you want to surrender your policy & ‘ll receive your money after the mandatory 5Y period.

        Thanks

        Ashal

        1. Microsoft@1 says:

          thanks Anshal, but do you also agree that HDFC Crest will / may not give good return if I stay in policy and may be some other investment option will be better choice.

          1. Dear Microsoft, instead of giving a direct Yes or No type answer, I w’d like to ask you, do you know how this HDFC Crest policy works?

            Thanks

            Ashal

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