Tata AIA ULIP Policy Surrender

POSTED BY Jipal Shah ON October 2, 2012 8:07 pm COMMENTS (5)


I have started investment in Tata AIG Life InvestAssure II 5 years ago with yearly 12,000 Rs. I have checked my current value is around 48926 and surrender value is 44528 against 60000 invested money.

As market is high I am getting 44k Rs, earlier it was 36k Rs some months ago.

I am thinking to surrender this policy as I looked in depth what I got: every month around 78Rs and every year 132Rs, total 1068Rs are being cut in charges.

I am losing around 9% in charges and thinking market may go bit down next year will loose another some 2-5%.

If I put that amount in FD will get around 10% interests against 10% loosing in charges.


Should I surrender this policy after sometime (when market reaches around 5900-6000) to get maximum value?

Please advice.

5 replies on this article “Tata AIA ULIP Policy Surrender”

  1. soma Hajra says:

    I surrender my tata aia policy 20.06.2017.how much i will get my surrender amount

    1. Hi soma Hajra

      The best answer you can get only from the agent you invested through or just contact the company. The thing is your case is a bit personalised and other than company, no one can give accurate information


  2. Senthilkumar says:

    What is the procedure to surrender my tata aia policy.

    1. Go to branch and give a letter, thats all

  3. With 12k premium , the charges will surely be around 10% .. With this kind of numbers , its almost foolish to continue in this , I am not saying anything about the fund performance, its all the game of charges , just discard it .. pay 2.5-3% in mutual fund instead !

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