in second name which is my family surname.I want to surrender my policy and the cheques shall be issued to me in the second name on which name i dont have bank account.ICICIprulife does not want to change the surname in policy.Can anybody guide me ?
I heard that a policy amt can only be withdraw after three continuous yrs of remittance…
I am Ritesh from New Delhi, n i have 4 ULIP plans, details are
ICICI PruLife Life TimeStart date -20-01-2006Premium – Rs 18000/- YearlyCover â€“ Rs 140000/-
ICICI PruLife Life Time SuperStart date- 23-10-2006Premium -Rs 9000/- Half YearlyCover â€“ Rs 800000/-
ICICI PruLife Smart KidStart date 24-12-2007Premium Rs 20000/- YearlyCover- Rs 250000/-
LIC Profit PlusStart date 24-12-2007Premium Rs 10000/- YearlyCover â€“ Rs 100000/-
The Total Premium paying for ULIP is Rs 66000/- and total Sum Assured is 1290000/-
Now please provide me the correct Guide Line about the future planning as well as Save Tax, My total income is around 550000/- per anum.