Sentences with phrase «heavy surrender penalty»
Opaque cost structure, heavy surrender penalty and guaranteed low returns.
https://www.personalfinanceplan.in/ Not exact matches
You can see that the surrender penalty is heavy in the initial years and goes down (as a percentage of total premium paid) as the time passes.
1) Surrender Costs frontloaded: ULIP's taken before Sep - 2010 have charged heavy surrender / penalSurrender Costs frontloaded: ULIP's taken before Sep - 2010 have charged heavy surrender / penalsurrender / penalty costs.
If you want to surrender the plan for any reason, there is a heavy penalty involved.