Title: Unit linked insurance plans
1Unit Linked Insurance Plans
2What is ULIP?
3- ULIPs are Unit Linked Insurance Plans. Also
addressed as wealth insurance plans. - It is a package of financial solutions that
ensure returns on your investment. - They are innovative forms of life insurance that
provide safety of your insurance cover with
wealth enhancement opportunities. - ULIPs also provide good cover against death.
- They also serve as means for long term savings
that gives maximum benefits. - In ULIP, some part of your investment is reserved
in life protection cover and the rest is invested
in funds like stocks and bonds. - In simple terms, ULIP are a combination package
of life cover and investment.
4Types of ULIPs
5- The different types of ULIP plans include the
following - - Retirement Plans
- - Wealth Plans
- - Child Education Plans
- - Health Plans
- Based on lifes priority, one can invest in any
of the above ULIPs accordingly. - Best ULIPs are the ones that give you appropriate
life cover, better fund option and a long period
investment.
6How To Select The Right ULIP?
7- ULIP plans are seldom understood by a common man.
As a result, they are the most miss sold service.
- Before choosing a ULIP plan, read the guidelines
for your investments - - Understand ULIPs In market there are many
ULIP schemes available which makes it more
difficult to choose. So do a complete research on
the company, their product, terms and conditions.
- - Analyze Your Needs Evaluate your risk and
needs. Later choose a plan that will take care of
all your requirements. - - Online Research When you do online research
on your own, you can easily extract database of
multiple companies offering you ULIP plans. Next,
you can deeply study their product and also know
about user opinions through forum portals. - - Consult An Experienced Advisor Before
selecting any insurance plan, make sure that you
consult an expert insurance advisor who has
complete knowledge of this sector. However, make
sure that the person should not be broker of any
insurance company. Also, track his records of
previous clients.
8AEGON Religare Contact Details
9- Corporate and Registered OfficeAEGON Religare
Life Insurance,2nd Floor, Paranjpe B Scheme,
Subhash Road, Near Garware House,Vile Parle
(E), Mumbai - 400 057. - Branch centers in 113 cities.
- Call 1800 209 9090.
- Website www.aegonreligare.com
10Thank You