Ulip insurance - PowerPoint PPT Presentation

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Ulip insurance

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Ulip plans offer flexibility of market linked returns on investments & life insurance cover for you & your family. Ulip offers you best Tax Benefits. – PowerPoint PPT presentation

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Title: Ulip insurance


1
Ulip Insurance
2
ULIP Invest the Smarter Way
3
  • ULIPs - Unit Linked Insurance Plan (also known as
    wealth insurance plans) is a package of financial
    solutions that include the safety of insurance
    cover with wealth enhancement possibilities. In a
    ULIP, a part is reserved for life cover and the
    rest is invested in stocks and bonds as funds.
    This investment is dependent on the performance
    of the underlying fund that is chosen by the
    investor. Ulip Insurance with its two in one
    arrangement keeps the protection and savings
    elements distinguished. ULIPs are very flexible
    and transparent which enables the investor to
    customize the plans as per the need and unlike
    other plans once invested, the plan remains
    unchangeable.

4
  • Types of ULIPs include Retirement, wealth,
    children's education and health plans. Depending
    on the priority, investment in ULIPs can be done
    accordingly. Best ULIPs are the ones which have
    the appropriate life cover, right fund option and
    a long term investment. In ULIP insurance plans,
    the charges applicable are well bifurcated. The
    Ulip Insurance charges usually include Policy
    administration charges, ULIP premium allocation
    charges, mortality charges and fund management
    charges. Policy administration charges are
    deducted on a monthly basis, premium allocation
    charges are deducted from the premium amount that
    the investor pays and is used for medicals, cost
    of underwriting and distributor's fees. The
    amount that remains is invested in the fund that
    is chosen by the investor.

5
  • Types of ULIPs include Retirement, wealth,
    children's education and health plans. Depending
    on the priority, investment in ULIPs can be done
    accordingly. Best ULIPs are the ones which have
    the appropriate life cover, right fund option and
    a long term investment. In ULIP insurance plans,
    the charges applicable are well bifurcated. The
    ULIP charges usually include Policy
    administration charges, ULIP premium allocation
    charges, mortality charges and fund management
    charges. Policy administration charges are
    deducted on a monthly basis, premium allocation
    charges are deducted from the premium amount that
    the investor pays and is used for medicals, cost
    of underwriting and distributor's fees. The
    amount that remains is invested in the fund that
    is chosen by the investor.
  • Source-http//bit.ly/2pgLKYb

6
  • Choosing the best ULIP rates is very easy
    provided certain criteria are considered before
    investing. Understanding the plan, ULIP charges
    implied, comparing different products offered by
    different companies and going for the best ULIPs
    that fits the need will work well. One can buy
    ULIP online if they are clear about the kind of
    investment they want to make premiums, long term
    investment and a good life cover with a decent
    mortality charges. Understanding the
    peculiarities of the ULIP rates and their growth
    rates and making the investment in life insurance
    wealth plan especially in a ULIP will give the
    best results.

7
https//www.bajajallianzlife.com/ulip/ulip.jsp
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