Payment of 3rd Ulip premium

POSTED BY Roy ON December 26, 2011 4:01 pm COMMENTS (2)

Dear 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.

2 replies on this article “Payment of 3rd Ulip premium”

  1. 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

  2. Dominic Prakash says:

    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.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today