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Personal Finance & Tax
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, waiver of premium rider etc. For ex. In case you opt for a Critical illness rider you get additional protection from 9 critical illnesses.SwitchULIPs not only allow you to invest your money in fund options an individual with a high risk appetite can shun traditional endowment plans which invest about 85 of their funds in the debt instruments in favour of a ULIP which invests its entire corpus in equities.
Posted in
Personal Finance & Tax by
akash singh
at
10:12 PM on September 23, 2008
the same in insurance mainly ULIP then it offers a flexibility of switching ur fund anywhere in the market according to the fund u decide like balanced,growth,debt etc.these are mainly 3 year investmentRD...Dear Ayan why not you investment in mutual fund as SIP Systamatic Investment Plan. if you want mutual fund detail .................Do invest in short term plan only for 3 years as well as flexible
Posted in
Personal Finance & Tax by
Ayan Paul
at
6:57 PM on April 01, 2008
management chargesA portion of the ULIP premium, depending on the fund chosen, is invested either in equities, bonds, g-secs or money market instruments. Sometimes it is a combination of these. Managing charges A portion of the ULIP premium, depending on the fund chosen, is invested either in equities, bonds, g-secs or money market instruments. Sometimes it is a combination of these. Managing
Posted in
Personal Finance & Tax by
akash singh
at
4:56 PM on September 24, 2008
the investments in the fund would perform. The fund is managed by the insurance companies.ULIPs are a category of goal-based financial solutions that combine the safety of insurance protection with wealth creation opportunities. In ULIPs, a part of the investment goes towards providing you life cover. The residual portion is invested in a fund which in turn invests in stocks or bonds. The value of investments alters
Posted in
Personal Finance & Tax by
akash singh
at
8:48 PM on October 07, 2008
smooth process. Understand the concept of ULIPs thoroughlyDo your homework well and read as much as you can about ULIPs as you can before investing. Read the literature available on ULIPs on the web sites in mind your risk appetite. In case you have a high-risk appetite, opt for a more aggressive fund option an option that invests higher percentage in equities and vice versa.Understand the peculiarities
Posted in
Personal Finance & Tax by
akash singh
at
11:29 PM on September 22, 2008
