Need A Financial Product › Forums › Trading/Investments › When will I achieve break-even for fortune builder ULIP policy

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 16, 2014 at 2:02 pm #47946
    samkapoor77
    Keymaster

    I have paid 4 annual premiums of Rs. 25,000 each towards fortune builder of Max Life Insurance. It is a ULIP policy. The current value of this policy is Rs. 80,000. Can anybody tell me when can I expect to achieve break even point in this policy?

    October 18, 2014 at 7:05 pm #47947
    samkapoor77
    Keymaster

    This is a market linked plan. When the market will be on higher side, you will easily recover your loss. Since it is not a guaranteed plan, one cannot foretell as to when you will be able to achieve break even point. Wait for the market to be up.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.