Jun 16, 2017 11:58 AM
26102 Views
In the year 2007, I bought ICICI prudential Life Insurance for which I had to pay Rs 5000 half yearly. For first three years it was compulsory to pay the premium of Rs 5000.00. I paid for the first three years. I paid amount of total Rs 30000. Since after that the payment of premium was not mandatory, I did not pay again. Even after 5 years when I checked, the amount was not increasing. In dec 2016 when I check the amount was around Rs 38000.00. But now last month when I checked it I found that the fund is increased to Rs 63, 000.00 almost double of what I had invested. So this is good for long term investment.