Unit Linked Insurance Plans{ULIP}

 Unit Linked Insurance Plans{ULIP}.

              Have you ever thought about a plan that can both financially secure your family and also helps you build your wealth? What if I tell you that there is a plan that exactly does this. Which is known as ULIP or unit-linked insurance plan. 

             A ULIP or unit-linked insurance plan is a combination of life insurance and investment solution. That allows you to financially protect your family while also gaining market-linked returns. 

             ULIP plans can be used to achieve a variety of goals. Including retirement planning wealth creation and securing children's future. So that all your life goals and the smiles of your loved ones stay protected.

             ULIP or unit-linked insurance plans come with a plethora of benefits. Such as maturity benefit.

Maturity Benefit...

             ULIP has a maturity benefit which means that when the policy term ends you are entitled to get an amount equal to your fund value.  

Death Benefit...  

             This means that in case of an untimely death of the policyholder the nominee gets a lump sum life cover amount as per the policy. 

Loyalty Additions... 

             At the end of each policy year, a specific percentage of the money has been collected under the plan. Is added to your policy returns. This helps you in increasing your total accumulated wealth.                   

Dynamic Fund Allocation...

             When you first start a ULIP plan your money is largely invested in the funds which give you higher returns. But as your policy term progresses your money is shifted to a more conservative fund with stability.        

Returns Tax Benefit...          

             As with all life insurance plans, the amount invested in a ULIP is available for tax deductions under section 80C. So invest in a unit plan today and avail the benefit of a live cover alone with investment returns.