Icici ulips

#1
Dear friends
i had invested in icici life insurence policy.1.5 lakhs as a preimium.
I have to pay 3 premiums.total 3 years.the question is,i had paid only one installment.now im unable to continue it.3 years had completed.will i be able to get back the money(as per the current value).in the bank they are telling me to pay further 4 lakhs.if failed the policy will expire.they are not telling correct informations.


Regards
ekams
 
#2
ICICI wont tell you the truth. They are always like that. If you dont pay the premimum you might get back only a small amount. These ULIPS are really a fraud investment option. Better not to go for that. They always take a big amount as commission initially. This commission will go to the agent. So only agents get money for ULIPS. And they wont provide correct information also.
 
#3
Thankyou mr.stock guru for your kind reply.i will not pay any furhter premiums.so that i wont loose further.
Thank you

ekams
 

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