Four years back I started investing in BSLI Dream Plan. There was a lock in period of 3 years. I have duly paid my initial 3 premiums but missed the fourth payment. What will you suggest me to do? Should I continue investing in the plan or should I hold the policy?
If investment was your purpose, then you should continue to pay your premiums and keep the plan alive but should you wish not to invest anything further in this plan then the policy will cease to exist and will automatically lapse due to non payment of premium charges.