Unit Linked Insurance Policy

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Unit Linked Insurance Policy
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How ULIPs work?

• A ULIP is both an insurance policy and an
  investment.
• The policy specifies a death benefit - the amount
  the nominee will be paid if the policyholder
  passes away during the term of the unit linked
  insurance policy.
• In addition, if the policy holder survives the
  term of the ULIP, he/she can also get the
  maturity value of the ULIP.
• This will be the amount generated by the ULIP
  investments in equity and/or debt.
• The policyholder is typically allowed to choose
  ULIP funds and asset classes to generate these
  returns. This is the investment component of a
  ULIP.
• .

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Benefits of ULIPs

• Regular Savings
• ULIPs inculcate the habit of regular and
  disciplined savings, which is the key to
  successful long-term financial planning. With
  regular premium payments, you can enjoy the
  benefits of wealth creation for your loved ones.
• Protection
• ULIPs provide the protective benefit of a Life
  Cover, which keeps your family secure in your
  absence. ULIPs provide the protective benefit of
  a Life Cover, which keeps your family secure in
  your absence.
• Flexibility of Investment
• You will have flexibility and control of your
  money through the following ways
• 1. Fund Switch An option to move your money
  between equity, balanced and debt funds
• 2. Premium Redirection An option to invest
  your future premium in a different fund of your
  choice
• 3. Partial Withdrawal An option that
  allows you to withdraw a part of your money
• 4. Top-up An option to invest additional
  money to your existing savings

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ThaNK you