Hi all,
I had misbought AVIVA ULIP in 2007 for yearly premium of Rs.75000.
so far I have paid 5 premiums. This is 6th premium year and I don’t want to continue this.
Current surrnder value is 295000(loss of 80k).
Should I surrender this now or do I need to wait till market goes up and my surrender value goes up to reduce the loss?
I have taken a term insurance now.
Thanks
Ramprasad