08-16-2017, 10:01 PM
ULIPs
ULIPs are a category of goal-based financial solutions that combine the safety of insurance protection with wealth creation opportunities.
In ULIPs, a part of the investment goes towards providing you life cover.
The residual portion is invested in a fund which in turn invests in stocks or bonds.
The value of investments alters with the performance of the underlying fund opted by you.
APPROPRIATE LIFE COVER
CHOOSING an APPROPRIATE SUM ASSURED
CHOOSING THE RIGHT FUND OPTION
UNDERSTANDING THE CHARGE STRUCTURE
Premium Allocation charge
Policy Administration charge
Mortality charge
Fund Management charge