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VISALAKSHI S
LIC WEALTH PLUS
by VISALAKSHI S on Jul 07, 2010 09:48 AM  | Hide replies

I HAVE INVESTED IN LIC WEALTH PLUS WITH QUARTERLY PREMIUM OF RS.5000.00 FOR 3 YEARS .TOTAL AMOUNT RS.60000.00.DUE TO RECENT IRDA REGULATIONS KINDLY INFORM IF THE INVESTMENT IS BENEFICIAL TO ME OR NOT. IF NOT IS THEIR A WAY OUT?

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RAJESH BHATTAD
Re: LIC WEALTH PLUS
by RAJESH BHATTAD on Jul 07, 2010 12:08 PM
NOT AT ALL AS LIC CHARGES FUND MANAGEMENT EXPENSE COMISSION TO AGENTS AND MORTALITY

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julkifli
ULIP
by julkifli on Jul 07, 2010 09:04 AM  | Hide replies

I have a Bajaj Allianz ULIP-Unit Gain plain i have invested 20000 from 2006 to 2008 (Rs 60000) when i saw my fund value it is just 54000rs only if i invested that 60000 in gold/vilage farms/land it would have grossed me 90000rs..cheated me on few years back...


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sathish n
Re: ULIP
by sathish n on Jul 07, 2010 09:31 AM
You are right...I also did the same foolish thing !!!!

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julkifli
Re: Re: ULIP
by julkifli on Jul 07, 2010 09:41 AM
My insurance agent had purchased Maruti zen on 2006..our money is playing there...

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prashant sharma
Re: Re: Re: ULIP
by prashant sharma on Jul 07, 2010 05:10 PM
you are more at fault than that agent. dont u have any brains? why didnt u check what u were buying? he was just looking for a fool. u provided him with one.

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julkifli
Re: Re: Re: Re: ULIP
by julkifli on Jul 08, 2010 01:12 PM
u r correct, I am a educated mddle class fool

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Ashish Shetty
What effect will this have on exixting ULIPs
by Ashish Shetty on Jul 07, 2010 09:02 AM  | Hide replies

Please could you tell me what effect will have on those who are already investing in ULIPs, I am investing in Prudential ICICI's Life Time Super

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New Blogger
Re: What effect will this have on exixting ULIPs
by New Blogger on Jul 07, 2010 09:54 AM
Please don't exit the ULIP now. Exiting now is something like you have paid the rent for 20 years and leaving out in 3 years.

My suggestion for you will be to continue your investments till 20 years at least. The investments will match the desired returns in that period.

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south indian
Re: What effect will this have on exixting ULIPs
by south indian on Jul 07, 2010 09:12 AM
ULIPS is a useless investment. Get out of it and invest directly in equities, or gold or in real estate. You will reap better results out of these investments. I invested in ICICI Prudential life insurance and my investment remained as it is even at the end of 5 years. It neither appreciated nor depreciated. Please take out that money of yours from ICICI Prudential and invest in equity market and you earn a lot!!!!!!!!!!

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CH SRINIVAS
Re: Re: What effect will this have on exixting ULIPs
by CH SRINIVAS on Jul 08, 2010 09:38 AM
yes,every word is true !

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julkifli
Re: What effect will this have on exixting ULIPs
by julkifli on Jul 07, 2010 09:08 AM
please go to ur branch with cancellation of cheque, id proof and fill up the policy surrender form with ur original bonds and then take ur fund value as on today...U wil get ur fund value within 7 working days..(pls note I have taken ULIP on 2006 for Bajaj Allianz)...If u saw that bloody insurance agent slap him until ur hand pains

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kavuri shastry
Re: Re: What effect will this have on exixting ULIPs
by kavuri shastry on Jul 07, 2010 09:14 AM
you are right , iam not getting the invested amount,so i have surrendered the policy and taken my amount back,

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julkifli
Re: Re: Re: What effect will this have on exixting ULIPs
by julkifli on Jul 07, 2010 09:20 AM
u too Bajaj Allianz?

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mathew thomas
Re: Re: What effect will this have on exixting ULIPs
by mathew thomas on Jul 07, 2010 09:57 AM
I too have been a victim of this ULIP from Bajaj Allianz.Lost money by investing Rs.25000/per year for 3years .
No body should invest in ULIP

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madhu kumar
Re: Re: Re: What effect will this have on exixting ULIPs
by madhu kumar on Jul 11, 2010 09:27 PM
my investment of 90000 Rs in ICICI prudential has become 75000 after three years. ULIP yields nothing, you will loose your valuable hard earned money..

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