4. Unit Linked Insurance Plans
Friday, January 5, 2018, 6:30 PM
Unit Linked Insurance Plans provide two benefits, they are Insurance + Investment. Under ULIPs, part of the premium paid will be used to give you an insurance cover and the other part will be invested either in equity or debt. Investing in ULIPs is the best option for women, if they have a high disposable income, as the returns in ULIPs are really good if you stay invested for long-term.