Should I break my endowment policy & invest in SIP ?

POSTED BY khydesai ON December 6, 2014 7:31 pm ONE COMMENT

I have taken Birla Vision life policy for 15yrs with monthly premium of 7000 in jun 2014. If i break the policy now i end up losing 20k and get a return of ard 29K. Is it worth it to break the policy and invest in SIP? or shud i continue the policy for 3yrs and than make it paid up?

One reply on this article “Should I break my endowment policy & invest in SIP ?”

  1. Hemanth says:

    Yes, break and invest via SIP in MFs.

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