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 Posted: Mon Aug 25, 2008 9:12 am Post subject: fund value in insurance |
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| What is policy fund value and how it is computed. |
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manishkumar
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| Posted: Mon Aug 25, 2008 11:30 am Post subject: |
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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
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Dazzlingdiamond
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| Posted: Mon Aug 25, 2008 11:37 am Post subject: |
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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 |
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JeremyHolter
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| Posted: Mon Aug 25, 2008 11:53 am Post subject: fund value in insurance |
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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. |
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RupertWBradson
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| Posted: Thu Oct 22, 2009 3:12 am Post subject: fundvalue |
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i want to know my fund value.
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yograj chorghade
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| Posted: Wed Nov 11, 2009 1:31 pm Post subject: new unit gain fund value |
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i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today
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arunkumar
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heidrek
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| Posted: Thu Dec 24, 2009 8:24 am Post subject: fund value enquiry |
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| i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today |
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MANASRANJANSAHOO
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| Posted: Thu Dec 24, 2009 3:10 pm Post subject: fund value |
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my policy no. is 002723357 wanna know my fund value
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surinder kumar
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| Posted: Thu Dec 24, 2009 11:36 pm Post subject: |
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| No one here can give you the answer to that question. You'd need to contact the company to discover any fund values. |
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BNTRS
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| Posted: Mon Dec 28, 2009 11:11 am Post subject: fund value |
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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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mail2pradeepc@gmail.com
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| Posted: Tue Dec 29, 2009 12:09 am Post subject: |
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Still too many variables here to give you an idea.
If you are looking at a policy for purchase you must be given a document called an illustration. That illustration shows you how the policy is supposed to work. It will make projections for cash value during all years that the policy is in force.
Now, just because the illustration shows a certain cash value in a given year it does not necessarily follow that what the illustration shows will in fact be the cash value in that given year once you've begun the policy and get to that point.
Unless the column you are looking at is the guaranteed column, there is no promise that the projection will be correct. Actual results could be better or worse than shown.
Your best bet would be to get an illustration for the specific policy you are considering. |
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BNTRS
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| Posted: Thu Jan 28, 2010 5:17 am Post subject: fund value information |
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i want6s to find out my fund value of my policy
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ajay
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| Posted: Thu Feb 25, 2010 5:45 am Post subject: to see fund of policy |
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i want to see my policy fund in bajaj allianz insurance can pls teeme di how to see
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sonia s bhat
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| Posted: Thu Feb 25, 2010 11:25 am Post subject: Policy fund |
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| You need to contact your insurance company and simply ask them to give you the details of your policy. |
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Veronica
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