7 plus points of a ULIP | Indian Stocks to Make You a Millionaire
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email

Preview | Powered by FeedBlitz

7 plus points of a ULIP

Posted By On 7:40 AM Under

1. Though it is being advocated to surrender the Unit linked investment plan (ULIP) but each coin has two sides and we must have the other side of story before making a decision in haste and same is listed below:

2. Each surrendered ULIP policy gets a surrender charge levied.

3. ULIP helps to achieve the goal planning like child marriage or education ets.

4. It makes saving a cumpolsory habit.

5. One has the option to determine the risk profile and choose between balanced, liquid and debt funds.

6. Debt oriented ULIP take greater time to break even the cost.

7. Equity fund can be flavour of the year as stock prices are down.

8. One has the option to switch between equity and debt and vice versa and one has the option to make use of this option as and when market goes up or goes down.

9. ULIP has to be considered for minmum 13 years as historically it has been proved that ULIP gives better returns than mutual funds but if kept for greater than 13 years (excluding mortality charges).

10. Thus you now know both plusses and minuses of ULIPs and thus consider before closing a ULIP. However it is advised not to open new ULIP accounts.

Most Read Content