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Creating a savings corpus, while at the same time having access to liquidity, becomes essential sometimes. Moreover, life insurance protection is also needed for your family’s financial security in the case of premature death. This is where money-back insurance policies become relevant for insurance and savings need.
Money-back plans are life insurance plans that pay a part of the su......
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August 25 2021
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ULIPs have been hot-selling life insurance plans for the investment benefits that they provide. However, like other insurance plans, ULIPs have their fair share of technical aspects that many investors tend to overlook, which is a mistake.
When you invest your savings in ULIPs, you need to be fully aware of what the plans involve and their terms and conditions. So, here’s an extensive lowdown on ULIPs for a detailed understanding –
What is a ULIP?
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August 11 2021
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Disclaimer: In this policy, the investment risk in the portfolio is borne by the policy holder.
Unit linked insurance plans, or ULIPs as they are popularly called in short, help you get the benefit of investing in the capital markets while enjoying life insurance protection. ULIPs offer different types of market-linked funds for investment. You can choose one or more funds. The premium you pay is directed to the desired funds, invested in a diversified p......
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July 6 2021
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Disclaimer: In this policy, the investment risk in the portfolio is borne by the policy holder.
When you invest your hard-earned savings, you want to earn the best returns on your investments. This helps you create an optimal corpus to fulfil your financial goals. But what if your money gives you more than just returns?
Aviva has introduced a unique Unit-Linked Insurance Plan (ULIP) to its portfolio, MORE
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May 25 2021
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An insurance policy is undoubtedly one of the best and most critical financial decisions you will ever make. Not only does a comprehensive insurance plan protect, care for and safeguard your future and that of your loved ones, it is also a great savings tool.
Here is how your insurance policy can function as a savings tool:
Assurance of funds:
A guaranteed savings life insurance policy is......
December 1 2021
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