Unit Linked Insurance Plan, commonly referred to as ULIP, is a type of investment instrument that combines the benefits of insurance and investment. In other words, it is a combination plan which offers dual benefits and serves to provide policyholders with both insurance security and investment returns. With ULIP plans, a portion of the premium paid by investors goes towards insurance coverage, while the remainder is invested in the stock market or other investment options.
ULIP plans offer a unique investment opportunity that combines insurance coverage and investment returns. When choosing a ULIP plan, investors should consider their financial goals, risk profile, fees, fund performance and insurance coverage to make an informed investment decision.
Goal Based Planning
Security to Loved Ones
Individuals enhance Wealth
Flexibility to Choose Plan
Better than FD
Long/Short Tem Plan
The ULIP plans efficiently provide financial help for medical emergencies.
Saves money and expands your wealth to achieve future financial goals.
The plan offers financial security by providing a monthly income for your children’s education..
The plan saves your money and helps you get the best financial freedom after retirement.
Go through these simple and easy-to-understand steps below to know how to purchase the best ULIP plan
Go through the things you should consider before purchasing the ULIP plans.
It is mandatory for insurance companies to have a solvency ratio of at least 1.5
Percentage of total claims settled by the company against the total claims filed
Keep track of fund performance make the decision better and get maximum return o
Many companies offer strategic investments. Invest in different types of plans b