Process of Surrendering Your ULIP Policy | Financial Planning Friday | Gaurav Jain

[@dhirajchavancivil]

Sir agar single premium paid hoga to bhi nahi milega 5 year se pehle

[@mihirdas4108]

Thank You sir very helpful video

[@murlidharpatidar9246]

Sir make video on surrender enforcement policy

[@bipinpethaparajolly]

Very Informative video sir ji... Please Make a video on Surrender PLI & ENDOWMENT Policy.

[@velayudhamvali79]

How many days will it take to get amount if we go with online ulip surrendering after 5 years locking period? Can you please comment on this as you mentioned you recently surrendered yours?

[@robin02403022]

Great information sir👌👌 I had an ULIP policy of PNB Metlife for which I paid only the 1st year premium in year 2009 after which I never paid any premium. Please advise if I am eligible to get any money back if I surrender my policy now 🙏

[@farhanwani6703]

Can we surrender ULIP policy during lockin period ?if yes , please how can we? Please reply its important

[@mdkhurshidalam3983]

Good morning sir जी। मेरे पास LIC का Endowment plan है । इसके अलावा Post office का Postal life insurance (PLI) है। इसे Surrender/PAUSE करने के बारे में बताइए।

[@p.kumarvimal627]

I can surrender After 5 premiums or 5 years? Please clarify Sir!

[@ranjancom2000]

Just now i check from MAX Life ULIP i was getting in Minus interest value after 7 Years. which is total SCAM next week I will surrender my ULIP. I had one more in HDFC still I have one year locking period i will close that also waste of time and money

[@susheeltripathi2696]

Your explained it very well

[@pratiksaha3704]

After 5 years when i will get the amount. Will it be without any charges other than discontinuamce charges

[@abhilashadubey7612]

Sir kya hum dusre account m pesa withdraw kar sakte hn

[@kartikshrivastava8194]

Thanks for this great informative video Gaurav brother 👍👌👏👏

[@kumard5518]

Sir surrender ke kiye kya documents

[@jitendersharma9666]

SO INFORMATIVE SIR 🙏. I HAD A ULIP POLICY OF HDFC(HDFC life proGrowth plus) AND IT'S LOCKING PERIOD IS 05-09-2023. IS THERE ANY WAY TO WITHRAW SOME AMOUNT BEFORE LOCKING PERIOD.?

[@muthyamnavakanth1035]

Please give the example about premium skip charges.

[@DeepakYadav-lg2xq]

Sir info edge ka result analysis kro yeh exceptional item ko explain krna plsss

[@sagaroy1]

Sir, I had a HDFC life policy (ulip) plan wherein I paid premium of 1lac per year for two years and after that I could not pay as I had some issues with my job during covid. Now 5years are over and in Dec 2023 the company has said that I can withdraw my money. However i have not discontinued the policy by written application (though I have not paid more than 2 premium). Can I now surrender my policy and how much do I expect to get and when

[@csv007in]

I have a ULIP base Pension plan (icici pru life pension plan) for more then 5+ years and I was told that surrendering value will be fully taxable in my hands. Kindly confirm about this.

[@khushalv]

Discontinued value will also include the mortality gst and other charges too?

[@garimapandey8402]

No mortality charges,no GST only FMC will be there

[@subhroneelganguly2580]

Very Helpful. Thank you

[@salimsama9455]

Kya 5 saal ke baad surendar karne tax benefits milenge ya nahi sir

[@Analysisforyou94]

Nice explanation Sir !!

[@RahulSingh-yn8wv]

Great information. I have an ULIP policy of HDFC life Click 2 Invest for which I paid only the 6th year premium in year 2018 to 2022 after which I want surrender the policy. Please advise if I am eligible to get any money back if I surrender my policy now and what will be the tax implications?

[@jagan_94]

hello bro, why u want to surrender this policy, i was planning to buy this. Can u plz help ? Is it bad?

[@accountspushp3460]

Sir, instead of discontinue you should tell them to "make the policy fully paid up". If u do so then they won't cancel the policy. - Ankur Shah

[@ravisolanki8595]

Sir meri policy discontinue ho gai hai par us par approximate 8% kaam kar diya

[@kishorgirase442]

डिअर सर मैने 6.5 years के बाद surender किया ऊस समय 1.30 pm valve थी और 6500 कम करके जमा कीय मैने पूछा तो gst चार्जेस कट किये है

[@bandhudevi2691]

2.5 lakh pa one time diya to kya discountbustion karne par charge

[@amarram1640]

Si hdfc me maine 3 yr 32000, ka primium diya hai, 2 sal pending hai, abhi mai kya kar sakta hoo, taki mera paisa bach jai

[@manojsoni5688]

Hi sir, i have a query regarding my fathers ulip plan, which he bought in jun 2010 for premium paying term of 15 years. He pays annual premium of 50k. Now he want to surrender after 13 years of paying premium. Do he require to pay taxes on surrender value. And will insurance company deduct some tax from his fund value. Pls note that my father is retired govt employee and pay tax on pensions. Appreciate your quick response

[@rimodey3772]

I have a similar query,hope he answers.

[@sanjayrajput6270]

Is this applicable for reliance Nippon ulip fund as well. I have paid one premium only due to misinformation so I stopped paying. I need if my 3 lakh are safe after 5 years or not

[@shanu420ification]

Do we have to pay tax on total money which we get after surrender ULIP completing 5 years Lockin?

[@no1gskvideos]

Sir maine (HDFC SL ProGrowth Plus) 50k ki ek installment di hai uske baad kisi wjh se continue nhi pr paya ab jo wo policy hai wo discontinue ho gyi hai. toh mujhe iske baare me kuch bta skte hai ki aage mujhe kya krna chahiye

[@seethaa8987]

I have paid for four premiums in sbi life retire smart .now i dont want to pay anymore is it bestter to surrender or discontinue and make itas paid up policy ihave only one more premiums to pay

[@Anayachaursiya]

Sir maine hdfc click 2 wealth plan liya h. Mera 10 yrs ka policy tha but is month 5 yr ho gye. Kya mai surrender kr sakta hu. Aur uske baad fir se fund ko continue kr sakta hu?. Mera 3000 ka premium h jo per month auto debit ho jata h. Pls suggest me sir 🙏

[@prakashkumarpradhan9685]

@@Anayachaursiya fund value kitna hua hai

[@nageshahc-t5i]

Sir After 5 years, if i m not surrender and i discontinue the premium then , Will fund performing as usual or Will fund moved to discontinue fund Is there any fine for discontinue?

[@ArjunChavan55]

Sir, TataAIA allows online surrender?

[@saaadshot]

Sir my policy is lapsed as I didn't pay the premium. Can I request for discontinuation of policy and redeem when 5 years is completed?

[@234567540]

Can someone answer, when I surrender after 5 years for a 15yr term, do I get the current net asset value? For example, 5 lakhs invested are now 9 lakhs, so do I get 9 lakhs minus whatever the fund value and other charges?

[@devilravingaming3313]

They will check min. Surrender value or total fund value whichever amount is higher, you will get that. But in most cases surrender value is lesser than fund value.

[@joysondsouza5819]

Better to discontinue and buy zero charges online Ulip policy

[@kjgalaxycartoon1778]

sir so informative thanks

[@mrinalkantisaha781]

I want to be reassure about the fact that unlike the other endowment plans don't we have to pay 3 annual premiums in case of ulips ?

[@sksonu0152]

Thanks 🙏

[@deveshrajpal5808]

I crossed 5 years on my UTI ULIP but they are saying 2% exit load will be applicable while surrender

[@imtiyazwant8518]

Thanks ...Sir

[@akashb7242]

Very informative

[@michaelsingh8901]

Sir procedure of cancellation of ULIP of Tata AIA

[@hmgovttamilschool6918]

Sir,i have invested in Ulip plan.Paid 3 premium.i.s 3 lac..will i get any benefit or not.

[@nitinrai1684]

I pay only 2 year ulip policy what I can surrender ofter 5 year

[@jeet950]

My aditya birla company is saying after 2 and half year of 5500 for month payment of almost 2lac, i have paid they are saying that I will get only 40 to 50 k rest is charged

[@nabeelyahiya]

Very useful😊👍

[@vijaychoksi3783]

Pension plans are not tax friendly When you surrender, the money you receive is taxable. If you continue the policy till vesting date, the accumulated value on that date becomes the corpus for annuity plan. Some pension plans offer some withdrawal option. The annuity you get is also fully taxable, it gets added to your taxable income.

[@Hsahjnmnniii]

How to withdrew this money After 20 year

[@NeerajGupta-ij1xd]

HDFC Life is the worst company, Branch manager of HDFC back cheated me and sold policy. He commited that ULIP has 4% profit per month and i asked for 20k premium but he said i am with u and next premium he will pay and given me policy of 1Lac premium and he joined Axis bank and not given single rupee. Later i came to know that on my 1 Lac he got 30k commission.

[@Kusuma_Gaming_143]

Sir mera 1 lakh hai ULIP ka. ek saal me 2227 aaraha hai. Pura paise nikalne aata hai kya? Batao sir

[@sujittripathy4788]

Sir I want to surrender my HDFC Life Click2Invest ULIP and I have completed my five years, please how to apply this online to claim my money in my bank account

[@jagan_94]

hello bro, why u want to surrender this policy, i was planning to buy this. Can u plz help ? Is it bad?

[@shishirgahalot2715]

Sir hume to sbi life ne 1 lac k 74 thousands diye h ulip m

[@LokeshLokesh-to8mg]

Lokesh,gc

[@sanjeevkumargawande9445]

Jai Hind Sir 🙏

[@sumanication5649]

Very helpful video but ULIP is a very poor plan. Main bekar mein fass gaya 4 lakh p.a. ka ULIP kar liya thha.

[@Cg_Gamer-4you]

Me bhi usko surrender nhi kr skte kya

[@techer.divyanshuyadav4040]

U can save in gauranteed plan

[@AjeetKumar-zf4tf]

मैं भी फस गया हू भाई

[@DeepakKumar-ju4vv]

Mujhe 7 din hua h ulip plan liye hue , m ulip close karna chata hu, kaise kar sakte h close. Agent n proper information nhi Diya tha please help.

[@MrSunny150]

@@DeepakKumar-ju4vv mat kariye...long term me benifit hota hai.. Bus ap bicb me withdraw ni kar paoge. Meri Bajaj alliance ki ulip 20% return rate de rhi h

[@piyushjhawar1462]

Very useful

[@pravintavag12345]

I have ICICI Elite wealth plus ULIP and I just finished 5 yrs of lock-in period. I wish to surrender the policy as I am not happy with the returns as well as in need of funds. I was told it can be done online and there isnt any need to visit the insurance office. I am clueless about doing the same online because when I requested it online by logging in, I did make the surrender request but there wasnt any mail or any message about the action taken. Now it says policy discontinued as the premium for the 61st month I have not paid neither I wish to pay. I am working overseas (Europe), please guide me how to pursue the surrender of policy (ULIP)

[@poojasingh-ki1ls]

did you get money?

[@viking3891]

I also discontinued my ULIP plan after 2 years

[@madjokerytstudio]

@@viking3891 hiw how to withdrawa money sir

[@praveenraghu1c9]

I have completed 5 years of ULIP, but paying term is 10 yrs, but I am don't want to pay further premium ,but I don't want to surrender . So, my fund goes to discontinue fund or not?

[@gauravsaskar2205]

Useful video

[@ssaumby2408]

Hello sir, I have hdfc pro growth ulip policy. Maine December 2018 ko start kari thi.. maine 5 premium pay kr di hai… jaisa aapne bola 5 saal k baad surrender kr skte hai toh kya 5 premium dene k baad kar skte hai ya fir mujhe 5 saal december 2023 pe complete hoga aur usk baad karu surrender…

[@deephard4]

After dec 23

[@Naik4260]

Hello sir I started my premium in 2019 and I paid three premiums of one lakh and then I stopped. Can I get my 3 lakh back after 5 years.?

[@deephard4]

Yes after 5 yrs you will get back but you should try to pay for 2 more years

[@dhananjaypandey9131]

Mera 2 saal ka hai mujhe surender karna hai

[@csv007in]

What is the tax implication of this exit?

[@InvestYadnya]

No impact on premium paid

[@Taha_India]

ULIP now a days very good investment plan. EEE category (max 2.5 Lakh / year investment ) Fund switching

[@karanaroraa]

Valentine agya bhai ab tak republic p lge ho

[@deepakkeshri8810]

Not expecting such misleading and half truth information.. why we have not shared that incase of death of person what family will get only fund value. Insurance is social security tool. I am not supporting any instrument. My intention to give complete info like true F. Planner. Rest information is correct and thanks for sharing the details..I am writing coz I admire you.

[@dhirajchavancivil]

Ye bat to galat hai 5 sal ke bad hi milega

[@garimapandey8402]

It's a IRDAI rule we can't change

[@ritesshrawat]

Mmninc

[@arjunsart8684]

ULIP is worst

[@Shrijafour]

Fraud man... Timepass full timepass..😂😂

[@nishantrai6128]

Bahut zaroori video 😂

[@madayanmuttal886]

This guy is fraud

[@BalasahebPatil-i3k]

Nice information.🙏