What are Unit Linked Insurance Plans (ULIPs)?

 

What are ULIPs?

 

ULIP is a unique investment vehicle that seamlessly combines the benefits of an insurance policy with a market-linked investment. They are essentially a wealth-creating tool that can help you fulfill your financial goals keeping in mind a medium to long-term horizon. The premium paid for a ULIP is divided into two components; one part goes towards life coverage while the balance proportion is alloc......

Quit Smoking for a healthy life

Being human, we are all prone to picking up one or another habit, good or bad. Reasons could be many, like inclination towards that particular habit, influence from surrounding factors, peer pressure, etc. Depending on their nature, our habits can either make us or break us.

While inculcating good habits come with multiple benefits; picking up vices, on the other hand, can have some severe repercussions for both your mental and physical health and wellbeing. Nicotine add......

Term Insurance – Investment or Expense? | Aviva India

Term life insurance is a contract between an insurance company (insurer) and an individual (insured) wherein the insured pays a certain sum called premium to ensure financial security for his beneficiaries over a specified time period. A conversation between two work colleagues can help you understand why you need term insurance.

Rahul, aged 32 and his colleague from work, Sanjay aged 29 are li......

क्या आपको टर्म बीमा कराना चाहिए?

क्या आपको टर्म बीमा कराना चाहिए?

टर्म इंश्योरेंस जीवन बीमा का एक प्रकार है, जो एक निर्धारित अवधि के लिए प्रभावशाली होता है। जीवित रहते, बीमा धारक को समान अंतराल पर बीमा की किश्तें भरनी होती है, जो मासिक, त्रैमासिक, अर्धवार्षिक, सिंगल प्रीमियम या वार्षिक हो सकती है। बीमा धारक की उस अवधि में मृत्यु होने पर इस सुरक्षा प्लान के त......

How to Write a Will: 7 Steps You Must Know

As an individual earns and acquires assets, he/she needs to ensure smoother transaction to pass on his/her possessions to their loved and dependants. This is where a Will comes in; making a Will is vital and probably ranks as one of the most important things you’ll ever do. It is advisable that everyone with some assets or worldly wealth in their possession should prepare a Will as, without one, the financial future of your loved ones could be at risk owing to financial uncertaint......