Some things work best in pairs. Unit-Linked Insurance Plans or ULIPs are one such thriving combination.
ULIPs are insurance policies that come with dual benefits- growth and protection. These plans come with the combined benefits of insurance and investment under one single plan.
There is a whole variety of ULIPs on offer. You can choose anything from Wealth creation ULIPs to Retirement Planning ULIPs, depending on your particular investment profile and desired portfolio.
Read on to explore and better understand Unit-Linked Insurance Plans.