Bought life insurance for savings, don't want to run? Know the amount of profit or loss
Know the profit or loss if you want to stop your insurance |
At the age of 55, Babu bought life insurance for 12 years for Rs 6 lakh. Premium on quarterly Rs 19,000 after retirement. After retirement, he calculated that he would have to pay a premium of Tk 6 lakh 7 thousand. Since the endowment will be added to the bonus and part of the profit. So when the savings decreased after retirement, he did this insurance with the idea of making up for those savings again. The question is whether it was right as a saving strategy. That has become hot. What is the road in front of him now?