Need further guidance for AVIVA YOUNG SCHOLAR SCHEME

[rldkwak]

Dear Mr Manish

Got your reply. Please guide me- whether I should stay in AVIVA YOUNG SCHOLAR and switch all funds to Enhancer?
or I should surrender this policy and invest the amount in other Life insurance.

Regards
Rajib Das.

[Manish_Kumar]

Dear Mr Manish

Got your reply. Please guide me- whether I should stay in AVIVA YOUNG SCHOLAR and switch all funds to Enhancer?
or I should surrender this policy and invest the amount in other Life insurance.

Regards
Rajib Das.

Do not surrender this plan, you will loose most of the premium paid. See Below:

Surrender of a policy is allowed after completion of two policy years provided at least one policy year premiums have been paid. Surrender Value payable is higher of the Guaranteed Surrender Value and Special Surrender Value:

Guaranteed Surrender value = 30% of the sum of all premiums paid (excluding premiums for the first year and also excluding the rider premium, extra premiums and taxes, if any)

If your plan is for minimum 5+ years from now onward, I would go for Enhancer Fund based on the past performance.