How much profit i get in my market+policy?

Question

How much profit i get in my market+policy?

Answer 1

Hi,

Hope you have invested in LIC market plus policy. The profit is depending on several factors. Market conditions, duration of investment and % exposed to equity- debt. Based on the factors  profit can be expected. Medium to longterm investment is favorable to give good returns.

Answer 2

Exact profit will be known after 3 years of your policy DOC - Date of commencement as there is no surrender value before 3 years. You can exit after paying premium for 3 years. You will be given an amount equal to NAV x No.of units in your policy. You can checkout, http://www.put-options.info for some more details on ULIPs.