The concept of fund value is normally associated with the 'with-profit' plans, which generate revenue along with providing the death benefits.
Fund value in insurance however depends upon the performance of the fund. And may increase or fall depending upon the market.
Dazzlingdiamond
Posted: Mon Aug 25, 2008 11:37 am Post Subject:
Hey, by fund value in insurance do you mean the cash value of the insurance policy?
Guessing that you want to know about the cash value of a life insurance policy, here is the definition for it
Cash value of a life plan is the amount that the policy holder may receive at the event of termination or cancellation of the plan before its date of maturity. Its also called the 'surrender value' of the policy.
Please clarify so that we can give you better response.
~Jeremy
Posted: Mon Aug 25, 2008 11:53 am Post Subject: fund value in insurance
One feature of the permanent life insurance policy is that the policy start accumulating a cash value once the paid premium amount exceeds the cost of the insurance.
The cash value of the policy depends upon the following factors:
Duration of the policy
History of your premium payment
Outstanding loan on the policy and its amount
And, the face value of the policy
The policy paper should contain a table describing the cash amount that your policy may accumulate with time. If you can't find it or if can't understand the formula to calculate it, you should contact your agent. He/she should be able to help you out.
Hope the information helps.
Posted: Thu Oct 22, 2009 03:12 am Post Subject: fundvalue
i want to know my fund value.
Posted: Wed Nov 11, 2009 01:31 pm Post Subject: new unit gain fund value
i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today
Posted: Wed Nov 11, 2009 10:29 pm Post Subject:
you'd be best to contact them I'd think - they should be best placed to give you that information.
Posted: Thu Dec 24, 2009 08:24 am Post Subject: fund value enquiry
i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today
Posted: Thu Dec 24, 2009 03:10 pm Post Subject: fund value
my policy no. is 002723357 wanna know my fund value
Posted: Thu Dec 24, 2009 11:36 pm Post Subject:
No one here can give you the answer to that question. You'd need to contact the company to discover any fund values.
Posted: Mon Dec 28, 2009 11:11 am Post Subject: fund value
Can you please explain with the aid of an example?
For eg. if I purchase a unit linked fund, and minimum premium was 10,000 and pay period of 3 years, what is the fund value here?
Posted: Mon Aug 25, 2008 11:30 am Post Subject:
The concept of fund value is normally associated with the 'with-profit' plans, which generate revenue along with providing the death benefits.
Fund value in insurance however depends upon the performance of the fund. And may increase or fall depending upon the market.
Dazzlingdiamond
Posted: Mon Aug 25, 2008 11:37 am Post Subject:
Hey, by fund value in insurance do you mean the cash value of the insurance policy?
Guessing that you want to know about the cash value of a life insurance policy, here is the definition for it
Cash value of a life plan is the amount that the policy holder may receive at the event of termination or cancellation of the plan before its date of maturity. Its also called the 'surrender value' of the policy.
Please clarify so that we can give you better response.
~Jeremy
Posted: Mon Aug 25, 2008 11:53 am Post Subject: fund value in insurance
One feature of the permanent life insurance policy is that the policy start accumulating a cash value once the paid premium amount exceeds the cost of the insurance.
The cash value of the policy depends upon the following factors:
The policy paper should contain a table describing the cash amount that your policy may accumulate with time. If you can't find it or if can't understand the formula to calculate it, you should contact your agent. He/she should be able to help you out.
Hope the information helps.
Posted: Thu Oct 22, 2009 03:12 am Post Subject: fundvalue
i want to know my fund value.
Posted: Wed Nov 11, 2009 01:31 pm Post Subject: new unit gain fund value
i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today
Posted: Wed Nov 11, 2009 10:29 pm Post Subject:
you'd be best to contact them I'd think - they should be best placed to give you that information.
Posted: Thu Dec 24, 2009 08:24 am Post Subject: fund value enquiry
i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today
Posted: Thu Dec 24, 2009 03:10 pm Post Subject: fund value
my policy no. is 002723357 wanna know my fund value
Posted: Thu Dec 24, 2009 11:36 pm Post Subject:
No one here can give you the answer to that question. You'd need to contact the company to discover any fund values.
Posted: Mon Dec 28, 2009 11:11 am Post Subject: fund value
Can you please explain with the aid of an example?
For eg. if I purchase a unit linked fund, and minimum premium was 10,000 and pay period of 3 years, what is the fund value here?
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