Dear Sir
i took one insurance policy namely “Individual Life – Platinum Plus Fund III (ULIF01628/04/09BSLIIPLAT3109)” from Birla Sun Life Insurance Policy in the year 2009 Aug for a sum of Rs.150000 and paid Rs.150000 in six installments.(its a unit linked policy)
Now the fund value is at Rs.131000 and i am in a dilemma whether to continue or to withdraw now losing around Rs.20000-Rs.22000.
The present unit value is hovering at Rs.12.05 and if the unit value reaches Rs.15 then i may get my invested sum back.
When sensex is hovering around 18000 mark the unit value is Rs.12 and to reach Rs.15 i do not know to what mark the sensex should touch.
pl advice me whether to continue or to withdraw the money for Rs.20000 loss.
regds
amar