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.

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