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Thread: What is ULIP?

  1. #1
    PolicyWala NewBie
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    Default What is ULIP?

    Please tell me what is ULIP?




  2. #2
    Super Moderator PolicyWala's Avatar
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    Default

    ULIP is Unit Linked Insurance Plan.

  3. #3
    PW Fan LastWarrior's Avatar
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    Quote Originally Posted by Abhishek View Post
    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


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