ULIP
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Unit Linked Insurance Plan (ULIP) is a type of life insurance that gives the policyholder both the life cover and the investment option wherein the policyholder invests in qualified investments such as stocks, bonds or mutual funds. The returns that one receives on ULIP are primarily influenced by the stock market. Hence, one gets the opportunity of earning higher returns when the market is in positive condition.
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ULIP or Unit Linked Investment Plan is a financial instrument which is a combination of both insurance plan and investment option. It is a Life Insurance product, which provides risk cover and various investment options to invest in
Read Moredifferent number of qualified investments such as stocks, bond or mutual funds. The investments made are subject to risk associated with the capital markets,thus the investment portfolio needs to be borne by the customer.