Dear Madam/Sir,
After browsing through Jago Investor, I came into the realisation that I am also an investor scammed by the Jeevan Saral plan of LIC. However, I am not able decide on what is to be done with it now. I had enrolled for two policies, details given below:
1.a Commencement date: March 2010
1.b Policy term: 30 years
1.c Annual premium: INR 30025
2.a Commencement date: March 2010
2.b Policy term: 35 years
2.c Annual premium: INR 30025
I have paid all the premiums to date and the question is, now what? Should I continue, or cut it and accept my losses. Usually I do not ask for financial advice, but this devious plan has been formulated by LIC to be extremely complicated.
Thank you for your time.
Regards,
Kris