Components of an investment life insurance policy

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If you change your mind and want to return the money after this period, it will not be easy to do so. Of course, the contract with you will be terminated. But the matter with the return of funds is more complicated. If you decide to terminate the contract early after the cooling-off period, you will only be paid the surrender value. It is specified in the contract with the insurance company, so read it carefully.

The surrender value is not fixed for the entire period of the viber data insurance. The closer the expiration date of the policy, the higher the amount. Let's say you want to terminate the contract early, but little time has passed since registration.


Then the surrender value may be less than the premiums. Needless to say, you will not receive investment income either? Therefore, it is better to immediately think carefully whether you need an investment life insurance policy. After all, instead of profit, there is a chance of getting a loss due to your fault? And the insurance company will not be guilty of anything. Additional investment income is not guaranteed.

It depends not only on the strategy chosen by the insurance company and the company's experience. It is affected by the situation on the markets - domestic and international. And this is something that is difficult to predict and impossible to control. In addition, the policy owner can participate in choosing an investment strategy.