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Thread: Nominee of ULIP would get?

  1. #1
    Moderator Rahul's Avatar
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    Feb 2009
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    Default Nominee of ULIP would get?

    I have a query that if the Insured died in the middle of an ULIP policy premium period. The nominee of the insured would get back the fund value or premium paid to the company.

    Regards,

    Rahul

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  2. #2
    PolicyWala Fan
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    Default

    Net asset value (NAV) of the ULIP.
    Anything dropped on the floor will roll over to the most inaccessible corner.

  3. #3
    PolicyWala NewBie
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    Default

    Quote Originally Posted by Contractor View Post
    Net asset value (NAV) of the ULIP.
    NAV plus any bonus(if any) declared by the life insurance company.

  4. #4
    PolicyWala NewBie
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    Default

    Hey @ Rahul,, it all depends when has the policy holder died( period after the policy commences) and second ,,terms and condition differs from policy to policy.Its also different for children plans,pension etc.


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