A Unit Linked Insurance Plan (ULIP) is an insurance product that combines life cover as well as investment.
Broadly speaking, there are only two types of life insurance policies – ones that offer only a death benefit (Term insurance) and others that offer death + maturity or investment benefit (e.g. Endowment Plans or Unit Liked Insurance Plans).
The ‘ULIPs are costly’ belief is primarily a result of the high premium allocation and fund management charges that ULIPs charged in 2008. Everything you need to know about the product.
With many different types of ULIPs available in the market, it is important to make sure that you invest in one that meets your investment goals and your insurance needs.
Thinking of investing in ULIPs? Here are some of the most commonly asked ULIP questions answered by experts.
A handy guide explaining everything related to ULIPs.
ULIPs are an excellent investment choice and it’s important to thoroughly understand ULIP charges before making any investment in ULIPs
A ULIP is a long term investment that can yield high returns for investors, down the line. However, it is essential to monitor the performance of ULIPs throughout the term of the policy.
A simple flow of activities designed to help you achieve the long-term financial goals in your life, through thorough initial planning, regular monitoring and review.
ULIPs are an excellent investment choice and it’s important to thoroughly understand these charges before making any investment in ULIPs
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