An Unit Linked Insurance Plan (ULIP) is a life insurance plan that allows you to invest along with providing a life cover. You can choose a fund from a bouquet of different funds to invest in.
Here are a few benefits of buying a ULIP:
1. You can choose your investment type as per your risk appetite
2. Enjoy tax benefits as per Income Tax Act
3. Provides protection with a life cover
4. Helps you meet contingent expenses as it also offers multiple withdrawal option
5. You can have goal-based planning with ULIPs
To know more about ULIPs, please visit [ Ссылка ]
