The benefit ULIPs offer is that it bundles insurance with investment and offers the kind of flexibility no insurance product can. ULIP investors have the opportunity to 'manage' their monies.
For anyone who wants to avoid the hassle of taking care of numerous kinds of investment and life insurance products, ULIPs can be a good option.
ULIP Benefits: Basics
ULIP Benefits: Opinion
- What does my family receive when I die within the term of my life insurance policy?
- Survival Benefits for Different Insurance Plans
- Do I need life insurance?