5 Myths About Investing in ULIPs And Their Reality
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Table of Contents
- Common myths about ULIPs debunked
- Myth #1: ULIPs carry a very high level of risk
- Myth #2: The life cover in a ULIP depends upon the performance of the market
- Myth #3: ULIPs offer low returns
- Myth #4: ULIPs do not offer accidental cover
- Myth #5: ULIPs cannot be surrendered before maturity
- Conclusion
- HOW INSURANCE CAN HELP YOU GROW MONEY
- LOOKING FOR ADDITIONAL COVER BEYOND YOUR ULIP? A TERM PLAN MAY BE JUST WHAT YOU NEED.
Common myths about ULIPs debunked
Myth #1: ULIPs carry a very high level of risk
Myth #2: The life cover in a ULIP depends upon the performance of the market
Myth #3: ULIPs offer low returns
Myth #4: ULIPs do not offer accidental cover
Myth #5: ULIPs cannot be surrendered before maturity
Conclusion
HOW INSURANCE CAN HELP YOU GROW MONEY
LOOKING FOR ADDITIONAL COVER BEYOND YOUR ULIP? A TERM PLAN MAY BE JUST WHAT YOU NEED.
About Author
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Disclaimer
1 https://economictimes.indiatimes.com/wealth/personal-finance-news/covid-brings-life-insurance-penetration-in-india-to-global-levels/articleshow/89243583.cms
2 https://lifeinsurance.adityabirlacapital.com/about-us/know-our-funds?fund=RHd85jPY7lEO2X60x2N6XVMu8fL1d6wX9d7vIuneo6fgEgUcyUvzDsRrdfnMMRRo
⁹ ABSLI Wealth Assure Plus plan for 30 years of a healthy male. Plan type: Classic. Investment option: Smart option. Risk Profile: Moderate. Payment frequency: Yearly. Basic annual premium: ₹24,000. Policy Term: 15 years. Premium paying term: 10 years. Refer to policy brochure for more details.
ABSLI Wealth Assure Plus is a non-participating unit linked life insurance plan. (UIN: 109L120V02)
ADV/4/22-23/146
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