ULIP .(UNIT LINKED INSURANCE POLICY). .Insurance.

        

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ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.                                                                           A Unit Linked Insurance Plan', which is referred to as 'Yulep' is one of the most popular investment opportunities. It provides insurance coverage for policyholders with an investment component. With regard to this type of project, the most unknown features are:

Financial Transfer:
ULIP plans are available to invest in funds such as Income Bond (Credit Investment, Moderate Risk), Balance Fund (Equity and Credit Ratio, Moderate to High Risk) and Large Cape Fund. Even if you choose a type of financing, you can adjust the program according to market trends.

Maturity period:
The benefit of the maturity amount available through the ULIPs will depend on the market trend. Therefore, the maturity period must be chosen as the total maturity amount or the term of the maturity and the opportunity to opt out at any time. -

High premium:
You can decide how to get sum assured in ULIP projects. There are five times as many as 7 times or 10 times the annual premiums. These are in accordance with the policy. If the policyholder dies in the dying environment, the higher the sum assured should be selected.

Tax credit:
ULIP policies are subject to tax deduction under Section 80C. Maturity and Death Branch are tax deductible. But the sum assured will be 10 times more than the annual premium to get taxes. No less choice.

Fees:
There are many types of payment, including policy administration fee, to manage ULIP plans. These fees are obtained by subtracting on the policyholder's units. Therefore, it is important to know what fees are the policy rates