POSTED BY May 4, 2012 9:11 pm COMMENTS (9)ON
I hold a policy called as “Creating Life Child protection Plan” from ING Vysya. The premium amount is 14205/- anually and the Sum assured is 3,00,000 and premium Term is 20 years.
After reading the articles I understood what a big mistake I have done by taking this.
I applied and got a term insurance policy from Religare for 50 Lakhs. Now I am in confusion to surrender the ING Vysya insurance and invest that amount in mutual funds yearly. Need some suggestions from this Forum.
Thanks, Madhava ram