fund value in insurance

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PostPosted: Mon Aug 25, 2008 9:12 am   Post subject: fund value in insurance  

What is policy fund value and how it is computed.
manishkumar
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PostPosted: 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.

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PostPosted: 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
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PostPosted: 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.
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PostPosted: Thu Oct 22, 2009 3:12 am   Post subject: fundvalue  

i want to know my fund value.
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yograj chorghade
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PostPosted: Wed Nov 11, 2009 1:31 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
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arunkumar
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PostPosted: 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.
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