Unit Linked Insurance Plans is a type of insurance, and it is also known as ULIP, which connects the advantages of protection and saving in an individual plan. The essential gift that a ULIP has over the traditional wealth creation tools is using a Life Cover. As a decision, your money can turn, and at the same time, your loved one’s future is protected from life’s surprising turns.
Businesstoday- Unit Linked Health Insurance Plans
Benefits
- Regular
- Offer Protection
- Flexibility of Investment
- Potential for Growth
- Tax Benefits
- More Rewards Overtime
- Income Tax Benefits
Eligibility Criteria
- Any Individual over the age of 18 can purchase a UHLP.
- The Maximum Entry Age commonly varies from 50 to 60 years.
- The maximum permitted age at the plan’s maturity is 70-75 years, depending on the policy term and condition.
Best of Luck…!!!