term plan policies

POSTED BY babban ON July 10, 2012 4:29 pm COMMENTS (2)

i have 6 policies of 6 companies of ulip plans with insurance of worth Rs 1 cr ++ with total premium of Rs 145k.
now i am getting 1 cr sum assured only with 35k.
what should i do?
should i closed or surrender all that policies and take 1 cr premium in only 1 company?

2 replies on this article “term plan policies”

  1. Dear Babban, please details of your existing as well as new policy.

    Thanks

    Ashal

  2. BanyanFA says:

    Babban,
    Would you mind please giving more details on each of the policies and how long you have been paying into them?

    Is the new policy that you are referring to is a Term Insurance or a ULIP ?

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