Unit-Linked Insurance Plans: A Combination of Life Insurance and Investment
Understanding Unit-Linked Insurance Plans (ULIPs) Unit-Linked Insurance Plans (ULIPs) are distinctive financial instruments that amalgamate the features of life insurance and investment under a single integrated plan. These plans offer policyholders dual benefits: the security of life insurance coverage alongside the potential for wealth creation through market-linked investments. At the heart of ULIPs lies the … Read more