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ULIPS are basically Unit linked plans .e in these plans you get the benefit of insurance as well as investing in Equity and bonds or debt...

whereas in case of TLIPS these are traditional linked plans wherein you get the benefit of endowment plans with that of ULIPS as well...!!

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Q: What are unit linked and traditional linked policy?
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Is Lic market plus 1 best Policy?

Yes, this is good policy. This UNIT Linked plan hence it will give you good return if you need investment for 10 yrs or more. For more details visit the link in the Related Links.


What are the different policy terms in India?

There are basically 3 types of life insurance policies in India :- 1) Endowment. 2) Term Assurance. 3) Unit Linked. In Endowment or conventional policies, you are to pay premium for a specific period and get lumpsum on maturity.The deaith benefits are also included here. In Term Assurance Policies, payments are made to the nominee only in case of any eventuality of the policy holder, with no maturity benefit therein. In Unit Linked policies, moneys are utilized in stock markets and the payments are linked with market volatilities.The Private Insurance Cos. basically do business on these policies.


What is marla?

In the traditional world Marla is a unit of area. In modern world square feet, inches ,foot are used as a measurement unit.


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.


Unit linked product vs traditional product of life insurance?

unit linked products (ULIP) are actually a mix of Mutual Fund (MF) and Life Insurance. Its good if you want to reduce hassel of keeping track of both in your portfolio, however remember financial institutes who bring ULIPs actually charge more fees, especially in first few years of investment, than they do in individual insurance products and MFs. Therefore if you can spare some time for your investment, it is best to buy 'good-old' insurance products. And invest further in MFs to gain max benefits.

Related questions

What does a unit mean in life insurance?

A unit in unit linked insurance policy (ULIP) means a factor by which your financial interest in the policy can be quantified. Each unit has its specified price which flutuaates or fownturns as per market behavior.


What can GPOs can be linked to?

You can link group policy in domains, sites and organizational units. All users and computers get reflected by group policy settings in domain, site and organizational unit.


What is the order in which GPOs are applied?

Local, Site, Domain, OU Group Policy settings are processed in the following order: 1:- Local Group Policy object-each computer has exactly one Group Policy object that is stored locally. This processes for both computer and user Group Policy processing. 2:- Site-Any GPOs that have been linked to the site that the computer belongs to are processed next. Processing is in the order that is specified by the administrator, on the Linked Group Policy Objects tab for the site in Group Policy Management Console (GPMC). The GPO with the lowest link order is processed last, and therefore has the highest precedence. 3:- Domain-processing of multiple domain-linked GPOs is in the order specified by the administrator, on the Linked Group Policy Objects tab for the domain in GPMC. The GPO with the lowest link order is processed last, and therefore has the highest precedence. 4:- Organizational units-GPOs that are linked to the organizational unit that is highest in the Active Directory hierarchy are processed first, then GPOs that are linked to its child organizational unit, and so on. Finally, the GPOs that are linked to the organizational unit that contains the user or computer are processed. At the level of each organizational unit in the Active Directory hierarchy, one, many, or no GPOs can be linked. If several GPOs are linked to an organizational unit, their processing is in the order that is specified by the administrator, on the Linked Group Policy Objects tab for the organizational unit in GPMC. The GPO with the lowest link order is processed last, and therefore has the highest precedence. This order means that the local GPO is processed first, and GPOs that are linked to the organizational unit of which the computer or user is a direct member are processed last, which overwrites settings in the earlier GPOs if there are conflicts. (If there are no conflicts, then the earlier and later settings are merely aggregated.)


Can you have more than 1 life insurance policy?

There is no bar in having more than one life insurance policy. The policies may varie from endowment, whole life or unit linked insurance policy as per your choice and requirement.


What is the meaning of life insurance endowment?

An endowment policy is a type of life insurance that pays a lump sum either at a fixed date or on the death of the policy holder. Typically such policies are unit linked or with profit. This means that the policies are linked to the stock market and move up and down in value with it. Endowment policies can be traded in before their expiry in a process called surrendering the policy.


Most traditional societies are?

Most traditional societies are closely linked to the natural environment.


Is Lic market plus 1 best Policy?

Yes, this is good policy. This UNIT Linked plan hence it will give you good return if you need investment for 10 yrs or more. For more details visit the link in the Related Links.


If a policy is defined in a GPO linked to a domain and that policy is defined with a different setting in a GPO linked to an OU which is true by default?

the policy is applied in the order of LSDOU local site->domain->then OU the poilcy applied will be of OU in the end


What is fullform of ULIP?

Unit-linked insurance plan.


What are the different policy terms in India?

There are basically 3 types of life insurance policies in India :- 1) Endowment. 2) Term Assurance. 3) Unit Linked. In Endowment or conventional policies, you are to pay premium for a specific period and get lumpsum on maturity.The deaith benefits are also included here. In Term Assurance Policies, payments are made to the nominee only in case of any eventuality of the policy holder, with no maturity benefit therein. In Unit Linked policies, moneys are utilized in stock markets and the payments are linked with market volatilities.The Private Insurance Cos. basically do business on these policies.


When a GPO is selected in Group Policy Management which tab allows administrators to view the locations to which the policy is linked?

Delegation


How are GPOS identified?

Group policies are used by administrators to configure and control user environment settings. Group Policy Objects (GPOs) are used to configure group policies which are applied to sites, domains, and organizational units (OUs). Group policy may be blocked or set so it cannot be overridden. The default is for subobjects to inherit the policy of their parents. There is a maximum of 1000 applicable group policies. Group policies are linked to domains, organizational units, or sites in Active Directory. A policy must be linked to a container object in Active Directory to be effective. They are stored in any domain for storage but can be linked to other domains to make them effective there also. The policy must be linked to the container (site, domain, or OU) that it is stored in to be effective in that container. One policy object can be linked to sveral containers. Several policy objects can be linked to one container.