ULIP Plan, Service Mode Offline, Location Pan India, Service Duration 1 Year

A unit linked insurance plan, Ulip, Offers the twin benefits of life insurance together with an instrument for investment. The premium paid goes towards buying insurance cover and the balance gets invested in the investments funds debt or a fusion, Be it equity, Chosen by the policyholder of both. The recent set of guidelines ensures an consistent allocation of charges during the policy period and removes any high upfront charges. Ulips today yield better return with lower burden for early exits. Contributions submitted for this plan qualify for tax deductions as outlined in section 80c and 10 10d of statute related to income tax regulations