Understanding Unit-Linked Insurance Plans: A Combination of Life Insurance and Investment
Introduction to Unit-Linked Insurance Plans (ULIPs) Unit-Linked Insurance Plans, commonly known as ULIPs, represent a unique financial product that combines the dual benefits of life insurance and investment. As a hybrid vehicle, ULIPs offer policyholders the security of a life insurance cover alongside the potential for wealth creation through investments in various funds. This dual … Read more