What is a Unit Linked Insurance Plan (ULIP)?
A Unit Linked Insurance Plan (ULIP) is a unique product that combines life insurance with market-linked investments. Part of your premium provides life cover, while the rest is invested in equity, debt, or hybrid funds.
ULIPs are ideal for those who want to grow their wealth while securing their family's future—offering flexibility, transparency, and long-term financial planning in a single plan.
Benefits
- Tax Savings
- Long-Term Wealth Creation
- Protection and market-linked returns in one plan
- Switch between equity, debt, or balanced funds
- Transparency: Clear breakdown of charges and fund performance
Why Choose DeepPriya for Your ULIP?
- Dual Benefits in One Plan: Get insurance protection and market-linked investment in a single policy.
- Flexible Investment Choices: Pick from equity, debt, or hybrid funds as per your goals.
- Fund Switching Facility: Easily switch between funds to match market trends.
- Tax-Efficient Planning: Save on taxes with benefits under Sections 80C and 10(10D), subject to prevailing tax laws.
- Tailored for Life Goals: Whether it’s your child’s education, retirement, or wealth building, we help you pick the right ULIP to match your milestones.
- Transparent Guidance & Support: Get end-to-end support and clear insights on charges, performance, and plan benefits with no hidden surprises.
FAQs for Unit Linked Insurance Plans
Yes, ULIPs have a 5-year lock-in period to promote long-term investing.
They carry market risks depending on fund choice, but you can opt for low-risk debt funds for stability.
Absolutely. You can switch between available funds during the policy term, often without extra charges.