Ulip Plans

Module 06 | Chapter: 01

What is ULIP Plan

A Unit Linked Insurance Plan, or ULIP in short, is a type of life insurance cover that has two sides - Investment and Insurance. Unlike a term insurance plan, a ULIP offers you an opportunity

Module 06 | Chapter: 02

Why You Should Invest in ULIP?

You may be looking for ways to invest your money to grow your wealth. There is a wide array of financial instruments available on the market to serve this purpose - from mutual funds to insurance plans to fixed deposits. One of the most popular instruments for investment is Unit-Linked Insurance Plan.

Module 06 | Chapter: 03

ULIP Plan Benefits

If you’re the primary breadwinner of your family, you need to earn and save money to take care of your family’s current and future financial needs.

Module 06 | Chapter: 04

Different Types of ULIP Plans

Now that you're clear on what a Unit Linked Insurance Policy is and why you should buy one, let's look at the variants of ULIPs available in the market.

Module 06 | Chapter: 05

Concept of Fund and NAVs in ULIP

However if you speak to any expert, they will agree that investing in dynamic capital markets is an art as well as a science.

Module 06 | Chapter: 06

Ulip Lock-In Period: Everything You Need To Know in 2023

From exotic wines to building a great body to your mom’s delicious biryani. All good things take time.

Module 06 | Chapter: 07

Types Of Charges In ULIPs

If you’ve ever purchased something online, you’ll probably be aware of how online sellers levy delivery/shipping charges, convenience fees, etc.

Module 06 | Chapter: 08

What is Fund Switching and Types of Fund in ULIP

Market conditions can be very volatile and influence fund performance. The fund you choose may not be performing as well as you had anticipated or the market may not be conducive to invest in the fund you have originally chosen to invest in.

Module 06 | Chapter: 09

Know the Customization Options Available Under ULIP Plan

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Module 06 | Chapter: 10

Riders in ULIP Plan

In the previous article, we discussed how you can customise your Unit Linked Insurance Plan exactly as per your and your family’s requirements. There are plenty of customisation options available with ULIPs, such as premium payment frequency, premium payment models, and so on.

Module 06 | Chapter: 11

What are Exclusions & Inclusions of ULIP Plan

Imagine that you received a 50% discount coupon from a store since you purchased products worth more than a certain amount. The next day, you visited the same store and loaded all your favourite items in the cart since you had a coupon.

Module 06 | Chapter: 12

Surrendering or Discontinuing The Ulip Plan

Sometimes you may not be able to pay the premiums under the Unit Linked Insurance Policy you purchased. Or you may realise that the plan is not serving your financial needs.

Module 06 | Chapter: 13

How to Claim ULIP Policy: Steps & Documents Required

An insurance policy is primarily intended to serve you in times of crisis. However, the entire claim process can be quite wearisome - right from filing the claim to getting the claim amount in hand. You don't want any unnecessary stress, especially when filing a death claim.

Module 06 | Chapter: 14

11 Things You Should Keep In Mind Before Investing In ULIP Plan

ULIP promises to be a smart, tax efficient investment avenue for achieving long term goals, but like any other financial product, before you sign up you must understand the long term commitments, terms and conditions of the product and match them with your own scheme of things.

Module 06 | Chapter: 15

Where to Buy ULIP Plans From?

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