The bottom-line

ULIPs are not a bad investment, per se. But they are products, which help you break even after six to eight years. So, think long-term.

If used as short-term investments, your financial health will suffer.

Thumb rule: Get all the information before you invest.

Calculate: How much insurance you need

Disclaimer: While efforts have been made to ensure the accuracy of the information provided in the content, the website or the author shall not be held responsible for any loss caused to any person whatsoever who accesses or uses or is supplied with the content (consisting of articles and information).