Tempting rate of interest of ICICI wealth builder on maturity

[samkapoor77]

I have started investing in ICICI wealth builder and have paid two premiums totaling Rs. 40,000. The policy comes under section 80C and there is an assurance of getting more than 10% return on completion of 5 years maturity. This rate was tempting to me. However, when I look at its charges, they are quite high. Do you think that surrendering is the best option or should I continue with it?

[samkapoor77]

You already know the answer to this question. You yourself have said that charges are high, i.e. they will bring down the effective rate of return. Surrender this policy.

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