POSTED BY December 26, 2011 4:01 pm COMMENTS (2)
ONDear Manish,
I have a querry, hope u will help me out.
I have paid two premiums of 1,00,000/- each in SBI unit plus III (Ulip plan).
Should I go ahead & invest in the 3rd premium or should I surrender it and invest the same in MF Sip with long term horizon.
Your reply shall be of great help to me to build a retirement corpus.
Regards.
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Dear Roy, to rectify your mimistake, please pay 3rd prem. also to get more no. of units at lower NAV & surrender the plan after 5Y.
Thanks
Ashal
You are kind of like in my situation. You need to pay at least 3 or 5 premiums to get a surrender value. Check the document.