ULIP PLANS
ULIPs are life insurance cum investment options which provide you an opportunity to invest in stocks, bonds or mutual funds for multiplied growth while providing you with a protection cover. ULIPs provide a flexible approach to investment planning as they allow you to safely balance your fund with equity and debt components, with options to switch as the market changes.
ULIPs are one of the best investment plans to help you create lumpsum and fulfill your wishes. Along with a life cover, these plans help you stay on top of the market changes through good returns on investment. This is because they provide a combined benefit of life cover with investment growth.
Who should invest in ULIPs?
We all have a wish list somewhere - a new house, a lavish family vacation or a luxury car. These wishes can be fulfilled with a disciplined investments in a plan helps you accumulate money and also protects it.
If you want growth with protection on your money.
If you seek flexibility to manage your money.
If you want transparency of your investments.
Why to invest in ULIPs?
Investing in a ULIP for long term can be a smart decision because:
It is safe and secure investment with healthy market returns.
It offers flexibility to make changes to funds thereby securing your money from market ups and downs.
It enables you to save tax on your investments and returns.
It also provides life cover to protect your family.
