Consider ULIP As An Investment Option For These Reasons
Unit Linked Insurance Plans, or ULIPs, combine investing and insurance features offering ULIP benefits. This means that a ULIP policy allows the investor to make money based on the investing angle built into this type of plan while simultaneously providing the policyholder with life insurance coverage. This policy’s premium payment is split between life insurance coverage and investments in the instruments the policyholder chooses. As a result, the policyholder or investor is in charge of his money. You can use a ULIP calculator to estimate future returns and the value…
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