Tips to choose the best ULIP plan

The objective of choosing a ULIP plan is to get good returns.

[{"selector":"#anim-69bf36e3-f675-49b4-b96b-d4256980fbbe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.586700011664153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ea5e84a0-cde3-472f-850e-a1c2578025ef","keyframes":[{"offset":0,"transform":"translate3d(0, -193.22842%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -54.335831704%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -18.472636952000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -6.936900278%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -3.0143633519999997%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] Learn more

ULIP or Unit Linked Insurance Plan is

[{"selector":"#anim-7beb4424-3e5c-4054-8b86-e583b4d123aa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(10.542929266810315%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-521ff779-4558-4781-b93b-9f513b8f767a","keyframes":{"transform":["translate3d(-104.19948%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-3f6db20d-087b-41c5-ad39-5e845afcf145","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

Will need to be paid as per the policy schedule.

[{"selector":"#anim-13203fce-5914-484b-9d6e-eeef9b572074 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(12.487512414217855%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e62e3d83-1ea0-4551-aa99-5758e174971d","keyframes":{"transform":["translate3d(103.93700%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-9e639ce6-b11e-4735-bc9d-2eb08549005b","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

ULIP works like a standard insurance policy

[{"selector":"#anim-1a8f39a4-8a7f-42b2-a2b4-151917b76e97 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(10.542929266810315%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-8bba1d71-47df-4eef-aa41-d884f05dfd36","keyframes":[{"transform":"rotate(-540deg) scale(0.1)","opacity":0},{"transform":"none","opacity":1}],"delay":0,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both","iterations":1}] Learn more

ULIP gives 12-15% returns for long term investment

[{"selector":"#anim-4caa1d3c-dace-4f26-ab6a-44e4f57fc567 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(10.542929266810315%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-98a8a879-b22c-49a6-85f0-6bdcc32b7347","keyframes":{"transform":["translate3d(-104.19948%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de1daec7-b15b-438f-bf2f-d843759b5968","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb9021b4-380b-4792-9ee8-5413bc208fd1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

ULIP plans are of type I ULIP and Type II ULIP

[{"selector":"#anim-47a23106-2dab-4438-b9be-66b4959c80b3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(12.487512414217855%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-73bf9b7d-105e-4a62-9d55-e051087d5ede","keyframes":{"transform":["translate3d(103.93700%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5f83e59-3930-4fea-aa45-40770928f32f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1da6d22f-5275-46a8-ab54-a158d29af7b3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

ULIP strikes a balance between insurance and investment

[{"selector":"#anim-74a2d057-47de-4125-bde6-ee4e761197eb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(10.542929266810315%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5f11d247-fc0e-4e4b-b0a0-ce43f711c54c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1662af49-d6d2-49aa-b3e3-51a91517e33d","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

ULIP is the best way to reduce tax

[{"selector":"#anim-41f6c4b6-e3bc-4c96-8c4c-c6c3ddbc9ea6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.586700011664153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d62f5123-ad15-4f08-9700-23ff91f371c1","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bffafb8c-d533-4de5-b710-dbc1e12466f2","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more