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FAQs

All that you need to know...

FAQs

faqs

ULIP FAQs

ULIP Is A Short Term Or Long Term Saving Option

ULIPs or Unit Linked Insurance Plans are essentially long term saving options since they have an initial five-year lock-in period.

What are the Benefits of Buying ULIP

Investing in a Unit Linked Insurance Plan (or ULIP) helps you provide financial aid to your family in times of need and secure a thriving future for them.

What happens if payment of premiums is discontinued

As an investor, there may be times when you might face financial difficulty in paying the premium under a ULIP.

Why are Unit Linked Insurance Plans (ULIPs) considered risky

Despite the numerous features and benefits offered by the ULIP plans, they are one of the most widely misunderstood financial instruments.

What is the difference between ULIP and Traditional Plans?

The simplest policy is a traditional term plan which offers life cover for a fixed number of years and nothing else.

What is the difference between Unit Linked Pension Plans and Traditional Plans?

Both plans give you the opportunity to get returns on your money, along with life cover.

Are Investment Returns Guaranteed in a ULIP

While investment returns from ULIPs or Unit Linked Insurance Plans are usually significant for long-term investment periods, they may not be guaranteed.

How long should be the term of your ULIP plan?

Unit-linked insurance plans (or ULIPs) help channelize and maximize your savings over the long term.

What tax benefits are offered under Invest 4G ULIP Plan?

Invest 4G (An Individual Linked Life Insurance cum Savings Plan, UIN – 136L064V02) is a dual benefit unit linked insurance plan (or ULIP) that provides both life insurance protection and savings benefits under the same policy

What are the Maturity benefits of Invest 4G?

Invest 4G plan offers the dual benefits of life protection and maximal savings so that you have ample opportunities to fulfill your life goals.

How to choose the best retirement plan at the age of 35-40 olds?

Individuals aging between 35 to 40 years or older may often find themselves taking care of both their children and parents at the same time.

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