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Should I invest in ULIPs?High charges. Biased agents. Read the fine print, first.
Sandeep Shanbhag | Thursday, August 07, 2008
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UNIT Linked Insurance Plans (ULIPs) are policies that club insurance with investment.Besides getting your basic insurance cover, ULIPs offer between four and six options when it comes to choosing the investment mix. These range from funds, which invest in 100 per cent equity to those that invest in 100 per cent debt securities. wealth offers pointers on ULIPs to help you make a well-informed decision before investing in this product. Take this quiz: What is your insurance IQ? Illustration: Vaibav Shirke more in this startup kit
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