
Understanding Taxation in ULIPS
ULIPs, or Unit Linked Insurance Plans, are investment oriented life insurance policies. They help you earn market-linked returns on your investments so that you can build up an inflation-adjusted corpus for your financial goals. Moreover, with the flexibility of partial withdrawals, top-up premiums, switching, etc., you can exercise full control over your investment and manage it as you want to, while also enjoying the ......
Team Aviva
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December 1 2021
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Saving a part of your income in fixed-income avenues is essential as it helps in diversifying your portfolio. Moreover, when the markets are volatile, schemes that offer guaranteed returns can bring much-needed stability.
While different avenues promise guaranteed returns over the investment tenure, Aviva Nivesh Bima gives you something extra.
Aviva Nivesh Bima – what is i......
Team Aviva
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December 1 2021
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There are different financial goals that every individual has. Some want money for buying a new car, while others want to give their homes a much-needed makeover. Take the instance of Atul, for example. Atul, a father of a 1-year-old daughter, wanted to plan for his financial goals and was looking for suitable investment avenues. That’s when his close friend, Abhinav, suggested to him Aviva Nivesh B......
Team Aviva
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December 1 2021
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Creating a savings corpus, while at the same time having access to liquidity, becomes essential sometimes. Moreover, life insurance protection is also needed for your family’s financial security in the case of premature death. This is where money-back insurance policies become relevant for insurance and savings need.
Money-back plans are life insurance plans that pay a part of the sum assured during the policy tenure as money back benefits. However, the death benefit r......
Team Aviva
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August 25 2021
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ULIPs have been hot-selling life insurance plans for the investment benefits that they provide. However, like other insurance plans, ULIPs have their fair share of technical aspects that many investors tend to overlook, which is a mistake.
When you invest your savings in ULIPs, you need to be fully aware of what the plans involve and their terms and conditions. So, here’s an extensive lowdown on ULIPs for a detailed understanding –
What is a ULIP?
S......
Team Aviva
February 7 2022
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