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Unit Linked Insurance Plans

Unit Linked Insurance Plans

Unit Linked Insurance Plans (ULIPs) give you the benefit of market-linked returns with a life insurance cover. ULIPs are wealth-building tools that fulfil your medium to long-term financial goals. These plans let you select and invest your funds in equity and debt securities that have low, medium or high risk.

  • Features :
  • The insured has the option of participating in the capital markets
  • In case of the demise of the insured, the sum insured or the market value of the investment (fund value), whichever is more, usually gets paid
  • If your ULIP matures, the fund value becomes payable
  • You have the option of surrendering or partially withdrawing ULIPs
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