4 replies on this article “SBI ULIP should continue now?”

1. Ashal Jauhari says:

   January 30, 2013 at 10:45 pm

   Dear Manoj, first of all please purchase a term plan for yourself. then surrender this ULIP. After that reinvest the amount as per your goal. Please read your policy bond also for applicable surrender charges if any.

   Thanks

   Ashal

   Reply
2. Anand Doctor says:

   January 30, 2013 at 7:03 pm

   Dear Manoj,

   Yes, you can withdraw the Fund Value (can keep fluctuating as per market movement till withdrawal date).

   As for reinvestment of the amount received, you need to first decide, for what goal you you wish to invest and for how long. Accordingly, allocation can be made to debt/equity mutual funds or other options.
   But even before doing all that, make sure you have adequate life insurance cover. If you don’t, you can buy a term cover at very economical rates.

   Hope this helps.

   Reply
3. manoj kumar says:

   January 30, 2013 at 2:59 pm

   Hello Ashal

   It was mixed of both. But I want it for investment purpose now.

   If I withdrawal now, the refund money will be FUND value shown as of now in my policy?

   Thanks & Regards,
   Manoj

   Reply
4. Ashal Jauhari says:

   January 30, 2013 at 4:55 am

   Dear Manoj, what prompted you to purchase this policy in first place? Was it for insurance or for investment or for any other reason?

   Please clarify.

   Thanks

   Ashal

   Reply

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