A Citi guy approached me today to make me buy this product. And the time I have is less than 24hrs to decide because march31st’2009 is last date of this plan. I’m still a beginner in ULIP/MF fundas.
After going through reviews here I’m totally confused now and almost deciding against this plan.Following are the various charges this plan has:- Premium Allocation Charge- Fund Management Charge- Policy Administration Charge- Mortality Chargeand additionally (though not applicable to all).
Surrender Charge- Revival Charge Of the above, only first two were informed to me by the agent. The next two still get into my head completely. Hence, confused!Can someone give a quick response, as to how this product is? I’m already having term insurance policies under my belt and hence I want to go on investment angle but w/ reduced market risks. This is really bothering me.