
When we consider investing, it is usually with respect to accomplishing specific financial goals. People typically count a life insurance plan as one of the top most-needed investment instruments to ensure the medical needs of themselves and their families are taken care of. The surplus amount earned is usually invested in funds to gain reasonable returns over time.
How about we tell you that your insurance, as well as investment needs, will be covered under a single plan? Yes, with Unit Linked Insurance Plans (ULIPs), you can enjoy dual benefits – enjoy life insurance coverage and investment in funds of your choice. Let us read about ULIPs in detail.