I have taken a policy from LIC of India for the ULIP Money Plus Last Year?
And i had rewarded for the first year and now second year settlement has come and in a minute iam worried with the Sensex crashing down scantily investing again on this policy is worth or not?And being salaried for the First Year and if i dont pay for the second year and then years. Will i get rear atleast my invested money fully in the 4th year or 5th?Can you suggest what to do at this point of time.
Answers: You involve not worry roughly the sensex crash, since yours is a long term commitment. And you will catch more units when you invest while NAV is low. Continue investing atleast for 3 years until that time thinking of surrender to avoid losses.
good luck
pnkmurthy(a)yahoo.com
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U dont verbs regarding the flea market crash nw as ULIP is a long term good tool and in a long possession it will not give a loss to u . hang on to investing for a long term and at a regular interval . And dont stop paying the premium as u wont et bac anything u hav to take-home pay atlest 3 yrs in command to get bac a not bad amount .
( my sugestion is to stay invested for a long term ) Pl do not expect miracles overnight.
preserve paying the premiums and you will get perfect returns.
Do not worry too much something like the market ups and downs are adjectives in the open market.