Fund value in insurance

by manish kumar » Mon Aug 25, 2008 09:12 am

What is policy fund value and how it is computed.

Total Comments: 42

Posted: Mon Aug 25, 2008 11:30 am Post Subject:

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

Posted: Mon Aug 25, 2008 11:37 am Post Subject:

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

Posted: Mon Aug 25, 2008 11:53 am Post Subject: fund value in insurance

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.

Posted: Thu Oct 22, 2009 03:12 am Post Subject: fundvalue

i want to know my fund value.

Posted: Wed Nov 11, 2009 01:31 pm Post Subject: new unit gain fund value

i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today

Posted: Wed Nov 11, 2009 10:29 pm Post Subject:

you'd be best to contact them I'd think - they should be best placed to give you that information.

Posted: Thu Dec 24, 2009 08:24 am Post Subject: fund value enquiry

i am a customer of bajaj alliance and invested in new unit gain. i want to know about my fund value as on today

Posted: Thu Dec 24, 2009 03:10 pm Post Subject: fund value

my policy no. is 002723357 wanna know my fund value

Posted: Thu Dec 24, 2009 11:36 pm Post Subject:

No one here can give you the answer to that question. You'd need to contact the company to discover any fund values.

Posted: Mon Dec 28, 2009 11:11 am Post Subject: fund value

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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