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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”