i pay six half
yearly premiums now can i convert my money back policy in paid up simply not pay next premium nothing do eles..
i pay six half
yearly premiums now can i convert my money back policy in paid up simply not pay next premium nothing do eles..
Not exact matches
i have: DMAT: Pure stock purchase and hold (1.5 lacs) splitted into infrastructure, banking sector and similar EFTs PPF:
yearly 50 thousand (per year)-- investing since last 4 years (m 28 year old n unmarried) Mutual funds: 2 lacs till
now only ELSS (lumpsum + SIP accumulated) Term plan: 50 lacs (6k annual
premium) other Savings: 15 lakhs (FDs + Saving a / c)
Let us
now check which one scores better — single
premium policy or regular
premium plan such as quarterly, half
yearly, etc..
By
now you probably know about the penalty for not having health insurance, which in 2016 is the higher of $ 695 or 2.5 % of your annual income (up to a maximum penalty of the national average
yearly premium for a bronze plan).
In the next 20 years or so, you would pay in the neighborhood of $ 175,000 or more in
premiums to keep that $ 75,000 death benefit to age 95 I assume when you say «the
yearly premiums are getting expensive» you mean the same amount you've been paying all these years is
now a much larger percentage of your monthly / annual income.
But with a perm life insurance policy you can feel secured that your
premiums will be the same for your whole life so when you are 80 you are going to be paying the same in
premiums as if you were 21 (if you are 21 right
now) which is amazing because most products raise your
premiums yearly or sporadically.
I am 29 yrs old and have made 2
yearly premiums till
now.
DOC: May 2006 Plan term: 15 Years Half
Yearly premium: 11,352 / - Paid till
now with no Gaps (9 Years) Vested Bonus Shows: 1 Lac
Hi i would like to know about some information regarding lic
premium i have been paying lic
premium (jeevan anand) since 4 years, approximately Iam paying 35,000 inr
yearly,
now i wanted to stop paying them.
DOC: Dec 2010 Plan term: 12 Years
Yearly premium: 47,950 / - Paid till
now with no Gaps (5 Years) Vested Bonus Shows: 10k I don't want to surrender, but planning for a Paid up.
I have paid only the first
premium and
now nxt mnth is my second
premium, (half
yearly) however I am not happy with it as this was done by a relative for me.
Jeevan Anand Policy — 1 lakh sum assured DOC: July 2009
Premium term: 15 years Half
Yearly premium: Rs. 4,415 Paid till
now with no Gaps 5.
Hi Shantanu, I have taken LIC jeevan anand policy term for 21 years sum assured — 100000
Yearly premium — 53000
Premium paid 3 years — 159000
Now I want to either surrender or paid up my policy.
hi, I have paid 35000
yearly premium for 2 years
now.
i have: DMAT: Pure stock purchase and hold (1.5 lacs) splitted into infrastructure, banking sector and similar EFTs PPF:
yearly 50 thousand (per year)-- investing since last 4 years (m 28 year old n unmarried) Mutual funds: 2 lacs till
now only ELSS (lumpsum + SIP accumulated) Term plan: 50 lacs (6k annual
premium) other Savings: 15 lakhs (FDs + Saving a / c)
The insurance agent promised me a higher amount while purchasing the policy &
now I realize that the maturity amount after 16 years (2028) is only 1745000.00 which is much lesser that the amount promised.I went back to the insurance agent & he tells me that you can surrender the policy post paying all the 16
yearly premiums till 2028 & receiving the maturity amount of 1745000.00 & you will inturn get 5L to 6L as your surrender amount as Jeewan Anand gives you a Life Coverage Insurance of 10Lakhs which you are claimimg.
Money Back Policy — 3 lakhs sum assured DOC: Dec 2012
Premium term: 20 years
Yearly premium: Rs. 19,051 Paid till
now with no Gaps 3.
Dear Santanu I have a Jeevan Aanand Policy with following: Normal death = 6,00,000 / - Acceidental Benefit = 12,00,000 / - Premium = 41132 / -(
Yearly) Total
premiums paid = 4 (each Year) Policy Term = 15 Years
Now if i surrender my policy than how much amount i shall get, Please explain.
Money Back Policy — 3 lakhs sum assured DOC: Dec 2011
Premium term: 20 years
Yearly premium: Rs. 18,979 Paid till
now with no Gaps (4 Years) 2.
Now if you want to buy a term life cover of 1 crore from HDFC life, then you have to pay
yearly around 15,000
premium.
I have paid the
premiums (25K)
yearly till 2014 and
now I wish to discontinue the policy as I am need of some money and I feel I won't get proper returns in this policy.