Quote Originally Posted by Bhairav View Post
No, I have just stopped paying the premium. I just wanted to exchange the current value of my policy with any other ICICI Product.
Dear Bhairav,
If I'm not wrong, there is no option as such in ICICI Pru Life to exchange your policy. So, you can do any of the following things:
1) Surrender your present policy and buy a new one (but this will result in a loss since you will receive a lesser fund value than what you invested in the policy).
2) Hold on this policy for a few more years. The fund value will increase over a period of time. Remember - The fund value in ULIPs for the initial few years is always lesser than what you have invested in the policy. ULIPs are always a good option for a longer time frame, IMO atleast 10 years.