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ULIP matured.

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.

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