Tell me about moneyplus policy,i have paid premieum of 25,000 .wat wil i gt in 20 years?

Question

ANNUAL PREMIUM OF 25,000.I STARTED JUST LAST YEAR ONLY

Answer 1

Dear friend you had not given full details. I want to know  the

premium paying term,whether you paid premium single or yearly.If it is single  the number of units allotted will be more.If it is regular ,units  allotted will be less . The maturity amount  will be calculated as per the NAV at that time and the number of units that you are having in your hand.

Answer 2

6% to 10% only normal return you can expect. More than that is fluke or luck or market boom. Visit: www.kumarads.com for all your financial questions.

Answer 3

call up your insurance broker and find out!

Answer 4

There can not be any exact figure.

But in long term, it is considered that investment grow with 15-20%. Keeping in view the 8-10% charges taken by LIC in long term, you will get return of 8-12%. This is not absolute return on your total future investment of 5L.

It is good that you have a long term view with your ULIP.

Answer 5

as per IRDA guide line any insurance company is not giving assurance but they give something 6% to 10% return with proper long time so such type of question have no perfect figure! and also depends on market risk.

Answer 6

it all depends on market risks. but for a long term u can expect 10-15% return