To prepare for future education expenses, parents often choose Unit-linked insurance plans (ULIPs), which combine life insurance with market-linked investments.
I am 28 and have been contributing Rs 15,000/month to four LIC ULIPs over the last five years, and Rs 65,000/year to a term-linked ULIP (TATA AIA Smart Sampoorna Raksha) for the past two years. I also ...
New Delhi [India], November 3: In order to build a strong financial portfolio, every product you choose must play a clear role. Some create stability, some build growth, and others protect against ...
Benefits of ULIPs to Keep in MindWhile there are several advantages to this product, here are the top 5 benefits of ULIPs to know: 1. Dual Benefit of Insurance + Investment A Unit-Linked Insurance ...
Man invested Rs 75 lakh in three ULIPs in 2006 and surrendered them for Rs 3.22 crore in 2020; tax dept send notice and ...
Living abroad as a Non-Resident Indian (NRI) comes with different opportunities as well as responsibilities. While you work hard to build a life in a new country, ensuring the financial security of ...
More people in India are exploring life insurance products to support long-term planning for their families. Bajaj Life ...
One aspect that differentiates Tata AIA Premier SIP is its zero allocation charge policy. Traditional ULIPs often deduct allocation charges from initial premiums, which can impact early corpus growth.
In a fast-moving world, Millennials and Gen Z are making their own rules around what they think financial security looks like. Unlike their elders, these younger generations want financial choices ...