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).
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.
Before you invest in a unit-linked investment plan (ULIP), you should be aware of these eight charges
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 Unit Linked Insurance Plan (ULIP) is an insurance product that combines life cover as well as investment.
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