How is your ULIP Premium Utilised
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Table of Contents
What is a ULIP?
How do ULIPS work?
Additional ULIP Charges to know about
How your ULIP premium is utilised
Where does life insurance factor into ULIP premiums?
Conclusion
About Author
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Disclaimer
1https://www.newindianexpress.com/business/marketing/2021/aug/24/understanding-how-your-ulip-premium-is-utilised-2349065.html
2https://www.canarahsbclife.com/blog/ulip/how-is-your-unit-linked-insurance-plan-premium-
utilised.html#:~:text=For%20ULIPs%2C%20as%20is%20the,well%20as%20an%20investment%20instrument.
3https://www.aegonlife.com/insurance-investment-knowledge/ulip-premiums-money-invested/
IN ULIP, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY POLICYHOLDER.
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/4/22-23/167
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