Hi,
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 42000 and surrender value is 36000 against the 5 year 60000 invested money. It’s HORRIBLE, loosing hard earn money!
I have taken this policy for 30 yrs premium paying term. I have a premium paying date in every year September, so whenever I pay premium in September, units credited to my account with that day’s NAV. That is too risky compare to monthly SIP.
What should I do ? Can I remain invested for some more year till my surrender value reaches to reasonable amount or surrender this policy right now?