Unit Linked Plans

Unit Linked Plans

Unit Linked Insurance Plans popularly known as ULIPs serve the purpose of both insurance and investment. Investment for mid-term to long-term financial goals and insurance for protecting the family from financial loss in case of any unfortunate event. The premium paid by the insurer is divided into two parts, one for providing life cover and the other part for investing in a fund chosen by the insured. Based on the risk appetite of the insured and the duration of the financial goals, one can choose to invest in equity, balanced, or debt funds. Out of the many other benefits of investing in ULIP, the key ones are Tax benefits at the time of investment and at maturity, freedom to choose investment funds, switching between funds as per the requirement, and most importantly freedom to choose life cover. For more information on ULIPs, their benefits, and premiums please contact us by email, Whatsapp, or simply send a request using the adjacent inquiry form.