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 Posted: Fri Nov 06, 2009 5:43 am Post subject: give me the information about SBI life fund value. |
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| i have got some information that if the fund value of SBI life insurance comes below a certain level then there will be some problem.please, inform me about this. |
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subhasis
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Joined: 06 Nov 2009
Posts: 1
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| Posted: Sat Nov 07, 2009 2:46 pm Post subject: |
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| More information is needed to answer your question. What type of policy is this. SBI if I'm not mistaken is an insurance company. That alone won't help. |
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BNTRS
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Joined: 05 Nov 2009
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| Posted: Sat Jan 02, 2010 1:52 am Post subject: |
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If your policy is some form of variable insurance, your insurer probably has a website on which you can register and track the value of your policy on a daily (or less frequent valuation) basis. If not, you will receive an annual, or more frequent, statement. You can also request an in-force illustration on most such policies.
If your policy is a form of (non-variable) universal life, you'll have to wait for the annual statement, or request an in-force illustration.
If your policy is whole life, you have the table of guaranteed values in the contract, which will be accurate (as of the end of each policy year listed) as long as you are paying all of your premiums on time.
The "problem" that can arise with variable and universal policies if cash values decline or become insufficient, is that your death benefit could reduce involuntarily and/or your policy could lapse without value. As cash value declines (or does not increase by at least as much as a stated "assumed interest rate"/AIR), the "net amount at risk" will increase and cause the internal expenses of the policy to increase. The premium you pay may not be sufficient to cover those internal expenses, which will cause the insurer to deduct the needed additional amount from the cash value, which further exacerbates the "problem", creating the potential for a massive downward spiral leading to the collapse of the policy.
This is the basis for the so-called "secondary guarantees" that appear in the more recent versions of these policies. If you at least pay 100% of your "scheduled" premiums on time and without fail, your policy will not lapse, even if it will never have more cash value in the future. Miss one payment and you could lose your insurance along with all the premiums you paid.
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MaxHerr
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Joined: 29 Nov 2009
Posts: 4622
Location: Pomona CA
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| Posted: Fri Apr 16, 2010 3:45 am Post subject: |
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Never post such information as this. Perhaps one of the moderators can alter your post to keep this information out of the hands of unethical persons.
As far as I can tell, SBI Insurance is located in Mumbai, India. You need to contact them directly for the information you need. Their website is http://www.sbilife.co.in
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MaxHerr
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| Posted: Thu Jun 24, 2010 11:06 am Post subject: sbi life child plan nav |
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which fund is beeifitial now to switch over please
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subramanyam
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| Posted: Mon Jun 28, 2010 7:22 pm Post subject: |
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Sbi Insurance Nav ... Funds, Life Insurance quotes estimate renters insurance Health Insurance andMediclaim Escorts Mutual Fund - give me the details of NAV past dividends. ...
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SamDicasto
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| Posted: Wed Jul 14, 2010 3:41 pm Post subject: to know the value of fund |
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plesae tell the present fund value of ''Unit Plus Child Plan''
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laxmikanth
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| Posted: Thu Jul 15, 2010 6:02 pm Post subject: |
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SBI is an insurance company in INDIA. We do not have access to that information here in America. You must contact the insurance company directly. They have a website, and if you are a policyowner, can register to use their site. The information you seek should be there.
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CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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| Posted: Fri Jul 23, 2010 4:30 pm Post subject: about fund value |
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how i know my fund value?
my product is Horizon II. and unit plus child plan.
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ashokkumar
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| Posted: Fri Jul 23, 2010 4:31 pm Post subject: about fund value |
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how i know my fund value?
my product is Horizon II. and unit plus child plan.
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ashokkumar
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| Posted: Sat Jul 24, 2010 7:16 pm Post subject: |
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Perhaps my comment above was unclear or illegible:
SBI is an insurance company in INDIA. We do not have access to that information here in America. You must contact the insurance company directly. They have a website, and if you are a policyowner, can register to use their site. The information you seek should be there.
_________________
CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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| Posted: Sat Aug 07, 2010 1:50 am Post subject: present worth of insurance policy |
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present worth of insurance policy
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neeraj agrawal
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| Posted: Sat Aug 07, 2010 4:46 pm Post subject: |
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ZERO.
READ THE POST ABOVE!!
All my Indian friends are very intelligent and can read and understand English.
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CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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| Posted: Mon Aug 09, 2010 11:38 am Post subject: policy |
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please inform me of present worth of insurance policy
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neeraj agrawal
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| Posted: Mon Aug 09, 2010 10:39 pm Post subject: |
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ZERO!! SBI IS GOING OUT OF BUSINESS!!
Check out their website for more information.
PS - SBI is not going out of business, WE DON'T HAVE ANY INFORMATION ABOUT THEM HERE. Why is this so hard to understand?
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CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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