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- November 2nd, 2024
Insurers love ULIPs for several reasons. Most important of all, insurers can sell these policies with less capital of their own than what would be required if they sold traditional policies. In traditional ‘with profits’ policies, the insurance company...
This articles focuses on ULIP vs Fixed Deposit. When it comes time to make investments, individuals are often confused among the different choices that are available. The most common confusion arises between the following methods: ULIP and FD. Which one...
ULIP’s and Traditional policies both work alike. A part of the premium is set aside for life cover and the rest is invested in a fund after deducting charges. The main advantage of a ULIP is that the investor knows...
Contribution Related Charges : These are the charges that are represented as a percentage of the regular or single contribution paid. In case of a regular contribution plan, it is usually high in the first year to pay for the...