ULIP Plans

ULIP Plans

Why Choose Our ULIP Plans?

ULIP (Unit Linked Insurance Plan) is a unique financial product that combines the benefits of investment and insurance. Our ULIP plans help you grow your wealth while ensuring financial protection for your loved ones. With flexible investment options and life cover, ULIPs are the perfect way to secure your future.

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Our ULIP Plan Options

1. Wealth Creation ULIPs

Maximize your returns with market-linked investments – Ideal for individuals looking to grow their wealth over the long term through equity and debt fund options.

2. Child Education ULIPs

Secure your child’s future – Designed to help you accumulate funds for your child’s education and future needs while providing insurance coverage.

3. Retirement ULIPs

Ensure financial independence post-retirement – A perfect plan to build a retirement corpus while enjoying life insurance protection.

4. Protection-Oriented ULIPs

Balanced security and growth – Provides a stable mix of life cover and investment to safeguard your family’s financial well-being.

5. Goal-Based ULIPs

Plan for your financial milestones – Save and invest for significant life goals such as buying a home, higher education, or a dream vacation.

How It Works

Secure Your Future with Unit Linked Insurance Plans (ULIPs)

Choose Your ULIP Plan – Select a plan based on your financial goals and risk preference.
Invest Regularly – Contribute a fixed amount towards your policy at regular intervals.
Monitor & Switch – Track your investment performance and switch funds if needed.
Secure Your Future – Enjoy wealth accumulation along with life insurance protection.
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What is a ULIP plan?
A ULIP (Unit Linked Insurance Plan) is a financial product that combines investment and insurance. It allows policyholders to invest in market-linked funds while providing life insurance coverage.
How does a ULIP work?
When you invest in a ULIP, a portion of your premium goes towards life insurance coverage, while the remaining amount is invested in market-linked funds such as equity, debt, or balanced funds.
What is the lock-in period for ULIPs?
ULIPs have a mandatory lock-in period of 5 years, during which policyholders cannot withdraw funds. However, after this period, partial withdrawals are allowed.
Can I switch between different ULIP funds?
Yes, most ULIP plans offer a fund-switching option, allowing policyholders to switch between equity, debt, or balanced funds based on market conditions and financial goals.
Are ULIP returns guaranteed?
No, ULIP returns are market-linked and depend on the performance of the funds chosen. However, they provide the potential for long-term wealth growth.
What happens if I stop paying ULIP premiums?
If you stop paying premiums within the lock-in period, the policy may lapse, and funds may be moved to a discontinuance fund. Post-lock-in, the insurer may provide options like continuing the policy with reduced benefits.

Key Benefits of Our ULIP Plans

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1
Dual Benefit of Investment & Insurance
Enjoy life coverage while growing your wealth.
2
Flexible Investment Options
Choose from equity, debt, or balanced funds as per your risk appetite.
3
Tax Benefits
Avail tax advantages under applicable laws.
4
Partial Withdrawal Facility
Access funds in case of emergencies after the lock-in period.
5
Long-Term Wealth Growth
Benefit from compounding and market-linked returns.
6
Switching Options
Switch between different fund types based on market conditions.
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