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LIC Endowment Plus table 802?

I WANT TO KNOW ABOUT LIC POLICY IN TABLE 180 (POLICY STARTED IN 2007)?

  • I HAD TAKEN A POLICY FROM LIC MONEY PLUS TABLE 180 IN 2007 FOR 20 YEAR TERM FOR MY NIECE. NOW IN 2010, THE LIC AGENT TOLD THAT THE POLCY IS NOT BENEFICIAL FOR YOU, HENCE YOU SURRENDER THIS ONE & TAKE A NEW ONE. I JUST WANT TO KNOW THAT HOW THE POLICY IS NOT BENEFICIAL? I NEED THE REPLY OF THIS MAIL ASAP, BECAUSE POLICY PREMIUM PAYMENT DATE IS TOO NEAR ... THANKS KIRPAL SINGH

  • Answer:

    Please continue with this policy. There is nothing wrong in that. Money Plus NAV, as on today is Rs 13.22. Ulip Policies over a longer period are likely to give you very good returns. You made a good investment, continue paying premiums regularly. If you surrender, you will lose money.

Kirpal Singh at Yahoo! Answers Visit the source

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