Parameters to consider before buying a ULIP In a world full of uncertainties, it is crucial to have a financial plan that could secure your future. This becomes even more important in light of the events of the last one year which saw over 2.7 million people across the world succumb to the deadly Covid-19 pandemic. [1] Closer home, India has also seen over 11 million infections already with almost 1.6 lakh reported deaths. To make things worse, the cases of Covid-19 are again on a rise. [2] In the kind of a world that we live in, it is crucial to have a financial plan that can not only secure you financially, but also protects your family if you are not around. While the latter could be secured by buying a life insurance policy, the former goal can be achieved by long-term wealth creation.