POSTED BY January 5, 2014 10:09 pm COMMENTS (6)
ONHello investors,
My father has taken life time gold flexi growth policy cum MF. At that time (6 year back) nav was Rs 15.50. Now current NAV is 16.25.
Now agent told my father to stop paying premium so what to do? Premium is 30K/year.
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Dear Jaimin, be ready to to bite the bullet. Your father ‘ll lose as good chunk of money in this policy, either way. If he continues, in the form of various charges and if he surrender now, in the form of surrender charge. Please decide as per your own comfort level.
Thanks
Ashal
so in 6 years the gain is a mere 5%. Do you really want to continue with this any more? a bank FD would give better return atleast
Not have much idea about this one. Lets wait for others to comment
icici pro life time gold flexi growth
Can you give the full name of the policy including the insurance company name?
latter i know its ulip, still dont know about stay or surrender?