1 / 7

Set your priorities, plan for the best investment!

ULIP plans offer the flexibility of market linked returns on your investments and life insurance cover for you and your family. Click to know more https://www.bajajallianzlife.com/ulip/ulip.jsp

manishpandye
Download Presentation

Set your priorities, plan for the best investment!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Set your priorities, plan for the best investment!

  2. Unit Linked Insurance Plan (ULIP) is an investment vehicle that offers the dual benefits of investment in the capital markets and insurance. A good ULIP not only provides well covered insurance policy but will also give you superior returns depending on the fund that you invest in. It's a combination that very few instruments can offer. While unit-linked insurance plans are still new to get accustomed to the Indian market, many consumers are eager and anxious to know about this investment vehicle such as how do you know if ULIP works for you, and if it does, which type is suited to your needs?

  3. The article brings certain parameters to be considered while choosing a ULIP plan: • Investments: • ULIP is a market-linked fund that invest in a host of financial planning instruments including equities, bonds, money markets, government securities with the purpose of maximizing the investment returns. However, the returns may vary based on the performance of the individual financial tool. Traditional plans, on the other hand invest in safer debt based plans like government securities and a small amount is experimented in equities. This is to ensure guaranteed stable returns rather than focusing on high market based returns which may seem volatile, at times and don’t give the necessary results.

  4. Charges: • The charges associated with ULIP make the most for you. Ideally, there are administrative, managements, upfront, partial withdraw, fund switching or surrender charges associated with the plan. Ensure that your charges should not eat up most of your earning. Your ULIP plans should have minimum charges and provide flexibility in terms of cash withdrawal, bonus receipt and term of the policy. • Flexibility • A traditional plan doesn’t offer flexibility in terms of fund allocation or fund switching because it wants to provide fixed returns. The insured are invested in the same plan for the complete term of the policy. Alternatively, ULIPs provide flexibility in selecting the financial instrument and the customers can switch between various financial tools depending on their performances. Customers can decide to make investments whether in high-risk equities or debt-based instruments. Switching between various plans is also allowed to maximize gains. • Net Asset Value • A NAV is the net asset value as per unit of the units allocated in either debt or equity. It allows the customers to know the value of their investment at any point of time and based on that the insured can plan their financial goals and milestones. Traditional plans have nothing in their plan called as NAV! Since ULIPs are market-linked plans they are more transparent when it comes to sharing information with the insured. They provide regular updates about the NAVs so that insured can take an informed decision and are able to switch between various plans. Ulip NAV guarantee plans as they contribute 20% of total ULIPs sales. Such products give emphasis on debt and in the case of equity sell- off it can trigger further sell- off in equity markets.

  5. Portfolio • ULIPs share investment portfolio with the investors on a regular basis to update them about the various financial instruments where their money is invested in. It helps consumers to decide upon fund switching or changing investment patterns in debt-equity balancing. Ulip Plans are more kind of working out plans. If you wish to earn money a slight risk will help you earn good returns from markets. However, if you’re happy with lesser but guaranteed returns, traditional plans will work the best for you.

  6. Follow us on https://www.facebook.com/bajajallianzlifeinsuranceltd https://www.linkedin.com/company/bajaj-allianz-life-insurance-co-ltd- http://plus.google.com/+bajajallianz/posts https://twitter.com/bajajallianzLIC https://www.youtube.com/user/jiyobefikar https://instagram.com/bajajallianzlifeinsurance

  7. Click to know more on Best Ulip Plans:https://www.bajajallianzlife.com/ulip/ulip.jsp Thank You..!!

More Related