I have taken BSL Dream plan in Nov 2009 with yearly premium of 7200 it has insurance of 10,50,200 with a coverage period of 20 years.I have paid up Rs 96950 till now but its current value is only 75,803.59. I am currently paying with a monthly premium of 6000.
I have following queries
- Should i stay invested in this plan and continue like this. Whan I can see some good gain if I continue
- I am looking for a agressive investement option with high return. I would like to take first opportunity to withdraw the amount when i get the money equal to what i invested and put in high yeild option. This is the only bad investment I did in my life.
- When is the right time to close this fund.
- What happens if the fund contunie to perform bad, will Birla Sun Life close this fund and return the money. If so then which money will be return, will it be market value as on date ?
- Any other options available
I have also noticed a similar blog in this site on the same plan, I look similar advice/feedback with regard to my fund. link below