Understanding the Different Types of ULIP Plans Available in India - Entrepreneurship Life
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1 Articles
Understanding the Different Types of ULIP Plans Available in India - Entrepreneurship Life
ULIP is known for its dual approach, which offers both growth & financial protection, due to its combination of investment & insurance. One part of the premium is diverted towards life coverage,& the remaining part is invested towards market-linked funds. This plan offers flexibility in paying premiums & allocation of funds in different asset classes, such as debt, equity, or both. While selecting among the different types of ULIP plans availabl…
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