Quote Originally Posted by abhinav.gupta88 View Post
1. How much penalty I have to pay, if renewal premium is not paid in time for ULIP Policies?
You need to check the terms and conditions of the policy.
2. How much we get if we return the policy units at the same rate of NAV at which we had purchased at the time of new policy?
What ever is the NAV value on the date of surrender.