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Kotak Capital Multiplier is a good savings insurance policy. One does not usually encourage to surrender life insurance policies as they are long-term savings products.



Read the entire policy benefits on the below link



http://insurance.kotak.com/individual/savings-invest/capital-multiplier-plan.php


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ULIPs are long term plans and most of the policy charges are charged upfront. Even though the charges are usually low in single premium policies, they are relatively higher than traditional insurance policies.



If you had taken the policy from a long-term perspective then you should wait till the end... Read More>>

Dear Rama,



HDFC SL Crest Plan is a Unit Linked Insurance Plan where the benefit of Highest NAV recorded during the entire policy term with the Guaranteed Benefit of a Minimum NAV of Rs 15 at maturity.



Thus, in this plan, if the policy holder survives the policy term, then you would get the Fund Value.... Read More>>

Dear Umadas,



Now since ULIPs typically are Long Term products and so would be the ICICI Life Time Gold Plan that you had taken in May 2008. The performance cannot be monitored in such a short time as it should only be evaluated in a period of 10-15 years and not before that.

Thus, you will be able to... Read More>>

Dear Harshit,

What is the going to be the value of your unit linked fund value can only be provided to you 10 years later depending on how the markets perform in the forthcoming year. You need not be pertubed by the turbulence of the NAV since ULIPs are long term funds. The value for the investment... Read More>>

Dear Gaurav,



According to section 10(10)D, if you have continued the plan for 5 years and your Sum Assured has been minimum 5 times your annualized premium for ALL the years, then even if you surrender the plan, the returns would be tax free. However, please ensure you check with your insurance... Read More>>

Hi,



Bharti AXA Wealth Confident Plan is a Unit Linked Insurance Plan.

Now since ULIPs typically are Long Term products and so would be the Bharti AXA Wealth Confident Plan that you had taken in December 2008. The performance cannot be monitored in such a short time as it should only be evaluated in a... Read More>>

Dear Kaushik,



Now since ULIPs typically are Long Term products and so would be the Reliance Policy that you had taken in December 2008. The performance cannot be monitored in such a short time as it should only be evaluated in a period of 10-15 years and not before that. Hence if the agents are... Read More>>

Dear Farshad,



There is no product in the industry for 3 years only. The minimum Policy Term according to IRDA guidelines is 5 years. Thus, you would surely be required to continue the plan till the end if you wish to get good returns from the plan. Because  if you stop your premiums now, then you... Read More>>

Dear Anuradha,



Since you are looking for a good investment plan at a very young age of 24, you can definitely invest in a Unit Linked Insurance Policy. ULIPs are Long term plans and should not be evaluated in the short run.

In any investment plan there are some associated risks which have to be borne... Read More>>