ULIP Plan Comparison

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ULIP Plan Comparison
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ULIPS
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• Insurance, apart from being an instrument of
  financial security for the future of your loved
  ones, is also considered as a good option for
  investment. Insurance, unlike stocks, is a safe
  form of investment. While you might be wary about
  investing in shares directly, there are options
  that let you invest in the stock market while
  simultaneously providing the security of an
  insurance cover. Unit-Linked Insurance Plans or
  ULIPs are exactly what youre looking for.
• When you buy ULIP plans, a portion of your money
  is invested across assets like stocks, bonds, and
  so on, similar to investing in mutual funds. The
  remaining money is used to buy you a life cover,
  valid for a certain period of time. This way, you
  earn a cool return on your money and remain
  insured at the same time.
• Depending on your investment and insurance
  requirements, you can select one of these ULIP
  plans.
• Unit linked insurance plans -ULIP are different
  from traditional insurance plans and are linked
  with stock market. Ulip Plan Comparison is
  basically a combination of insurance as well as
  investment. A part of the premium paid is
  utilized to provide insurance cover to the policy
  holder while the remaining portion is invested in
  various equity and debt schemes.
• The money collected by the insurance provider is
  utilized to form a pool of fund that is used to
  invest in various markets instruments (debt and
  equity) in varying proportions just the way it is
  done for mutual funds.

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