What is the value of unit in rupees under the Money Plus Policy of LIC?
Have you got a LIC Money Plus Policy? Get free information here on the monetary value of your your LIC Money Plus Policy units.
We had taken a Money Plus Plan 180 policy for our daughters on March 26, 2007. We have contributed Rs.60,000 as premium for six years so far @Rs.10,000 p.a. As per Insurance Regulatory and Development Authority circular of July 29, 2011, the LIC has sent a half yearly Unit Account Statement for the period Oct 12 to March 13. This statement shows opening balance of units as on 1.11.12 as 5176.863 units and closing balance as on 31.3.13 as 5962.336 units. Can any expert tell how much amount it will be in monetary terms?