Unit linked insurance plans, or ULIP plans, are long term insurance cum investment plans that are best suited in the long run. ULIP plans offer protection as well as wealth creation prospects for individuals who buy these policies and their family in the long haul.
What are ULIP Plans? ULIP plans offer the dual benefits of insurance and investment to the policyholder. The policyholder has to pay monthly or annual premiums, segregated into two sums that offer protection while the other is invested into debts and equities. ULIP plans are subject to the capital market risks, and hence the policyholder has to bear this risk on his/her investment portfolio. Therefore, it is advisable to research, compare, and then select the best ULIP plan that can offer adequate protection and create lucrative investment opportunities for you. Features and benefits of ULIP Plans The best ULIP plans offer numerous benefits. Following are some of the key features and benefits of ULIP plans:
Why are ULIP funds the perfect plan to protect your family? ULIP plans are insurance-cum-investment policies, which can cover all the future financial needs of the policyholder and his/her family. While being completely protected throughout the tenure of the plan, the policyholder's premiums are invested in stock markets to earn returns. Following are the reasons why ULIP plans are co sidered the perfect investment choice to cover one's family:
Buy ULIP plans online One can purchase ULIP plans online, simply by:
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