ULIP matured.

POSTED BY Sridhar ON February 6, 2012 9:17 pm COMMENTS (3)

Hi All,
I had taken a ULIP in 1998 and it got over in 2009. So, I stopped paying the premiums. However, I did not encash it yet. It is still lying with them. I am waiting for the market to improve. I have two questions related to this ULIP.
1. I hope they will keep adding the units annually till I encase it.
2. Is this wait worth waiting?
Thanks.

3 replies on this article “ULIP matured.”

  1. Dear Sridhar, here are the answers.

    As no more money is invested by you, no more unit addition ‘ll be there by the fund house but the value of units is increasing & you may check the same from the as on date NAV of your ULIP.

    If you are in need of money, you may encash your ULIP, else keep it as it is & the units ‘ll keep increasing in value due to rise in NAV.

    Thanks

    Ashal

  2. Dear Sridhar, which co’s ULIP was it? Are you referrinf to ULIP offered by UTI MF?

    Please clarify.

    Thanks

    Ashal

    1. Sridhar says:

      Yes Ashal. It’s UTI Mutual Fund.

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