Opinion about TATA AIG Mahalife and TATA AIG Invest assure II plan.

POSTED BY confusedinvestor ON October 21, 2010 6:21 pm ONE COMMENT

Hi,

I need help. I have taken combination of TATA AIG Mahalife (whole life policy) and Invest Assure II plan (ULIP). I have to pay premium for 10 years for both plans and there after the returns from Mahalife will take care of Invest Assure II premium for next 15 years. I have completed 3 years premium. Since the annual premium is exhorbitant I am confused whether to continue ahead or discontinue and accept surrender value (which is just 10% of total premium paid).

One reply on this article “Opinion about TATA AIG Mahalife and TATA AIG Invest assure II plan.”

  1. Ahh .. thats very bad .. What kind of surrender value is 10% , open looting .

    You dont have to think with so much of complication , just see what is the CAGR return you are expecting , if its less than 9-10% , it might not be the best thing to go for . Avoid

    Manish

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