Unit Linked Insurance Plan (ULIP) gives us dual benefits - the advantage of life coverage as well as investment returns. This means you can build your wealth over time through market-linked returns and enjoy the benefits of life insurance coverage alongside. But can ULIPs really give good returns? To understand this, let us take a
Waiver of premium is a key rider that one can buy with a unit linked insurance plan (ULIP) to ensure that the policy does not lapse for non-payment of premium
The product – T.U.L.I.P – offers life cover of up to 100 times the annual premium and also promises return of premium allocation charges at fixed intervals
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