Jun 23, 2010 02:40 AM
19892 Views
The performance of LIC Money Plus 1 policy has been below expectation for the past few years. It is true our customers did not get a return at a percentage expected, but that not the complete picture.
This policy was launched just before the 2008 stock market crash, which adversly affected the fund value.
The fund value went below the initial value of Rs10 per unit when the market declined from 21000 to 7000.
Now the fund value has increased above Rs11, which is a growth of more than 10% within 3 to 4 years.
Your own Lic Agent will be able to help you to find more information on the matter and take a right decision.
LIC If INDIA has started a new department called Direct Marketing Dept of which the objective is that customers who do not have services of a regular agent are not deprived of financial advice. This department is advertised as LIC DIRECT and the services are available in most of the cities.
You can refer to "https://licindia.in/Hindi/images/Press_Release_DM.pdf" for reference.
Any request left in the LIC website now comes our Direct Marketing department and is provided to Direct Sales Executives like me to help the customer identify their needs, give them maximum options to choose from and help make the right decisions. So any queries on existing policies or searching for new options feel free to contact us over the mail, our website and direct phone no:s.
Welcoming comments and mails on 'Email This Member' from other MS members.. tc
