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.
I am 29 yrs old and have made 2
yearly premiums till now.
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)
Policy details is as follows - Premium - 37300 (
Yearly) Tenure - 20 Years Sum assured - 7,75000
Premiums paid
till date - 3, Total amount paid - 1.11 L
The death benefit is higher of Sum Assured chosen or 10 times the
yearly premium or 105 % of
premiums paid
till death or the total
premium paid
till death.
One has to pay a monthly, quarterly or
yearly premium that remains the same
till the entire policy coverage period.
am working in gulf country i have jeevan anad policy 400,000 which start june 2013
till the date i paid 03
premiums 21,561 per
yearly.
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
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.
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.
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)
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.
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.
Under regular or limited
premium mode option, 10 times of the
yearly premium or 105 % of the total
premium paid
till the time of the death of the insured person, is paid to the nominee of the policy.
NRI Solutions - Vision LifeIncome Plan is an NRI life insurance plan that provides life coverage and survival benefits on a
yearly basis from the end of the
premium paying term
till the maturity date.
I have iProtect plan of ICICI with life coverage of 80 lakh
till the age 70 with
yearly premium 13k..
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.
Hello sir, I am a 25 yr old female.recently I have inquired about the iterm forever plan from aegon life insurance.and they told me the
premium amount is around Rs. 11000
yearly for me if I pay
till death which will cover upto 100 yrs of age.
Assume further that he paid 12
yearly premiums of Rs 3,637 (
till and including 2013) and then let the policy lapse.