Sun Life Insurance: Understanding Your Fund Value

Sun Life Insurance offers a range of investment-linked life insurance plans, such as Sun MaxiLink Bright, which allow customers to build funds over time. The fund value is the monetary value of the investment, which can be calculated by multiplying the net asset value of each unit by the number of units a person owns. This value can change over time, ideally growing as time progresses, and can be guaranteed or variable depending on the plan.

The fund value is the total monetary worth of the units owned by the policyholder

Fund value is the total monetary worth of the units owned by the policyholder. It is the total amount of funds the policyholder owns after investing money in funds over the years. The fund value is calculated by multiplying the net asset value of each unit by the number of units a person owns. For example, if the net asset value of a fund is Rs.15/-, and the policyholder owns 1000 units, the fund value is Rs.15,000/-. The fund value keeps changing based on the net asset value per unit.

In the context of life insurance, the fund value is the assured amount that the policyholder or their beneficiaries will receive upon maturity or in the case of death. The fund value can be guaranteed or variable, depending on the plan. In the case of mutual funds, the fund value can differ on a daily basis depending on the net asset value per unit, which is influenced by economic and market performance.

Sun Life offers investment-linked life insurance plans, such as Sun MaxiLink Bright, which allow policyholders to build funds over time and realise the value of their savings by the time they need it for retirement or their child's education.

The fund value keeps changing based on the NAV

Fund value is the total value of the units in segregated funds. It is the total monetary worth of the units owned by the policyholder, which can be calculated by multiplying the net asset value of each unit by the number of units a person owns. For example, if the net asset value of a fund is Rs.15/-, and the policyholder owns 1,000 units, the fund value is Rs.15,000/-.

The fund value is provided to the policyholder upon their death, policy surrender, or policy maturity. It is often said that the fund value increases over time, but this depends on the plan. The fund value can be guaranteed or variable.

Sun MaxiLink Bright is an example of an investment-linked life insurance plan that offers investment options to allow your money to grow over time.

The fund value is the assured amount that you or your beneficiaries will receive upon maturity or in case of death

The fund value is the monetary value of your investment. It is the total amount of funds the policyholder owns after investing money in funds over the years. This amount can be calculated by multiplying the net asset value of each unit by the number of units a person owns. The fund value is the assured amount that you or your beneficiaries will receive upon maturity or in case of death.

The fund value keeps changing based on the Net Asset Value (NAV) and can be guaranteed or variable. In the case of mutual funds, the fund value can differ on a daily basis depending on the NAVPUs or the Net Asset Value Per Unit, which depends on several factors, including economic and market performance.

For example, if the fund's net asset value at the moment of investment was Rs.8/-, and the fund's Net Asset Value has now increased to Rs.15/-, then the total fund value owned is Rs.15,000/-.

The total amount of fund value is provided to the policyholder either on the policyholder's demise, policy surrender, or policy maturity.

The fund value can be guaranteed or variable

Fund value is the total monetary worth of the units owned by the policyholder. It is the total amount of funds the policyholder owns after investing money in funds over the years. The fund value keeps changing based on the Net Asset Value (NAV) of each unit. The total amount of monetary value of the investment is the fund value.

The total amount of fund value is provided to the policyholder either on the policyholder's demise, policy surrender, or policy maturity. The fund value is the assured amount that you or your beneficiaries will receive upon maturity or in the case of death.

Sun MaxiLink Bright is an investment-linked life insurance plan that provides a way to prepare for a comfortable retirement. Alongside the insurance coverage it provides, Sun MaxiLink Bright offers investment options that will allow your money to grow over time.

The fund value is projected over a specific number of years

The fund value is the total monetary worth of the units owned by the policyholder. This is the total amount of funds the policyholder owns after investing money in funds over the years. The fund value is projected to increase over a specific number of years. This projection is based on the assumption that the fund value will grow over time. The rate of growth will depend on several factors, including economic and market performance.

The fund value can be guaranteed or variable, depending on the plan. In the case of mutual funds, the fund value can differ on a daily basis depending on the Net Asset Value Per Unit (NAVPUs). The NAVPUs is the monetary value of each unit owned by the policyholder. The fund value is calculated by multiplying the NAVPUs by the total number of units owned by the policyholder.

For example, if a policyholder owns 100 units and the NAVPUs is Rs.15/-, the fund value would be Rs.1500/-. The fund value will change over time as the NAVPUs changes. If the NAVPUs increases to Rs.20/-, the fund value would increase to Rs.2000/-.

Sun Life Insurance offers investment-linked life insurance plans that allow policyholders to build funds over a specific number of years. For example, the Sun MaxiLink Bright plan allows policyholders to build funds for at least 5 years. These plans offer the potential for better growth than traditional savings accounts.

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