What is ULIP? [Sitemap] - PolicyWala.com

Abhishek

02-09-2009, 08:26 AM

Please tell me what is ULIP?

PolicyWala

02-09-2009, 08:34 AM

ULIP is Unit Linked Insurance Plan.

LastWarrior

11-09-2009, 08:50 AM

Please tell me what is ULIP?
Unit Linked Insurance Plan - is a financial product that offers you life insurance as well as an investment like a mutual fund. Part of the premium you pay goes towards the sum assured (amount you get in a life insurance policy) and the balance will be invested in whichever investments you desire - equity, fixed-return or a mixture of both.
source - wikipedia.org