Savings plans are one of the major financial avenues to generate sustainable wealth for the future of your loved ones. These plans are investment plans that help you grow your savings by investing money systematically in the money market for the long term. You can choose from various types of investment plans to meet yourContinue reading “Features of the Best Savings Plan in India”
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Is It a Good Idea to Invest in a ULIP?
A survey found that 2 out of 3 Indians wished to invest in a ULIP plan in 2021. In fact, the affinity towards these products had highly increased in 92% of the participants after the first COVID wave when things had returned to normal. ULIP remains a popular investment tool due to its dual benefitContinue reading “Is It a Good Idea to Invest in a ULIP?”
Reasons for the popularity of unit-linked insurance plan
Let us start with, what is ULIP? Unit linked insurance plan (ULIP) is a financial product offered by insurance companies that provides the dual benefit of health insurance and investment plan. One of the reasons for the popularity of ULIP is their tax-saving feature. Another popular reason why more people are purchasing the ULIP planContinue reading “Reasons for the popularity of unit-linked insurance plan”
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