ULIP policy

POSTED BY Arup Kr. Dey ON June 6, 2013 9:02 am ONE COMMENT

My father have 3 life insurance ULIP policy.All the policies are in High risk fund. 3 premiums already paid for all the policies.But now the fund value get negative.I mean 20000*3=60000 premium paid but FV rs.55125. my father only want to get stable return for short term(it may be low but satble and gain something).Now will it be a right decission to switch this funds to Balance fund or secure fund??
or anyother way to cover my loss???

One reply on this article “ULIP policy”

  1. Dear Arup, the reduction in value is also due to the front end charges. Please transfer to balance funds is your father is not comfortable with Eq.

    Thanks

    Ashal

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