Reasons to Invest In ULIP Plans
Get Guaranteed Returns After a Month^
Unlock the Power of Smart Investment!
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Table of Contents
1. Insurance + Investment in one
2. Different types for different goals
3. Good return potential
4. Flexibility in managing the investment
5. Tax benefits
The bottom line
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Disclaimer
IN ULIP POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.
¹ https://cleartax.in/s/80c-80-deductions
² https://outlookmoney.com/ask/is-the-partial-withdrawal-from-the-ulip-corpus-taxable-1982
³ https://www.tomorrowmakers.com/other-investments/taxability-ulips-understanding-new-norms-article
⁴ https://economictimes.indiatimes.com/wealth/invest/ulip-taxation-the-free-switching-among-funds-may-go-away-with-new-amendment/articleshow/81683801.cms
⁵ https://cleartax.in/s/unit-linked-insurance-plan-taxation-rules#:~:text=ULIP%20Taxation,a%20death%20of%20an%20individual.
⁶ Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
⁷ Provided all due premiums are paid.
⁸ Sec 10(10D) benefit is available subject to fulfilment of conditions specified therein
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/11/22-23/2074
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