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What else can I help you with?
Is invesment in ulip is safe now?
Actually, you could start with a small investment. You can not say definitely that ULIPs are bad. They give you the benefit of investment and an insurance policy together. They are still good avenues to invest in. ULIPs are Unit Linked Insurance Plans which are meant to give you safe and high returns. I persoanlly am a ULIP holder from Bajaj Allianz and have been very satisfied with their returns. I invest in an online ULIP called iGain which allows you flexibility of payment and involves no middlemen/paperwork. So its nice and easy to invest in. Dont be afraid, go in for ULIPs with small amounts.
Which is the best ULIP plan in India?
Right now, LIC's Wealth Plus ULIP policy is having moderate to reasonable Nav, in comparison to performances of private insurers' ULIP policy.
How can you look at your ulip status?
You have two ways:By reveiwing your quarterly ULIP statement that will be sent to you by either email or by regular postBy using the online website of the ULIP house if you have a login/password
Why sebi has not given notice to lic for ulip?
Because, Operations of LIC in the ULIP space was clean and they did not have any issues that the others had
Difference between traditional life insurance and ULIP policy?
Traditional life insurance gives less return but ULIP may gives high return. Traditional life insurance has no risk factor and ULIP has risk factor.
Differences between mutual funds and ulips?
Mutual funds and ulips are almost similar in one aspect - They invest in the stock market and the investors own units of the fund that have a face and market value. The difference lies in the fact that, ulips provide life insurance coverage to its investors by charging a certain fee on the investment whereas mutual funds do not provide insurance coverage. In simple terms, ULIP stands for UNIT LINKED INSURANCE PLAN. They are a combination of Insurance and Investment plan. You could start with a small investment. ULIPs give you the benefit of investment and an insurance policy together. They are good avenues to invest in. ULIPs are Unit Linked Insurance Plans which are meant to give you safe and high returns. I personally am a ULIP holder from Bajaj Allianz and have been very satisfied with their returns. I invest in an online ULIP called iGain which allows you flexibility of payment and involves no middlemen/paperwork. So its nice and easy to invest in.
What is fullform of ULIP?
Unit-linked insurance plan.
How can I invest in ULIP plans effectively?
To invest in ULIP plans effectively, you should first understand your financial goals and risk tolerance. Compare different ULIP plans from various insurance companies to find one that aligns with your investment objectives. Consider factors like charges, fund performance, and flexibility in switching between funds. Regularly review your ULIP investments to ensure they are on track to meet your goals.
Is advance premiums allowed in ulips?
It depends. Some ULIP houses allow it while some dont. check with your ULIP provider if they allow. In most cases they do allow advance premium payments
What is ULIP?
According to Investopedia, the official definition for ULIP is "A type of insurance vehicle in which the policyholder purchases units at their net asset values and also makes contributions toward another investment vehicle."
What type of insurance would be most affordable and still provide death benefits if one of owners dies?
I think ulip is the best option in insurance. I prefer Aegon Religare for ulip plans.
How do you invest in ulip?
By contacting an authorized agent who sells ULIPs. Most banks these days sell ULIPs in their branches. You can visit any bank and ask for ulip investment options and their customer care exec will be happy to assist you.
