Sentences with phrase «ulips as»

Many convert Ulips as well, if they are underperforming.

The regulations have now standardised the formula to calculate the minimum reduced sum assured payable and the same formula is available for Ulips as well.

To be frank, I do not dislike ULIPs as much I dislike Traditional plans.

In an email interview Bismillah Chowdhary, Chief Investment Officer, Edelweiss Tokio Life Insurance shares his views on ULIPs as a long - term investment solution and his investment philosophy

Unit Linked Insurance Plans or ULIPs as they are commonly referred are insurance products along with market linked investment opportunity for a customer.

It gives annual benefits as an investment instrument and tax benefits as insurance instruments, as Income Tax considers ULIPs as an insurance product.

Many investors invest in ULIPs as they are most viable tax saving instrument as they are hybrid of both insurance and investment instruments.

Unit Linked Insurance Plans, or ULIPs as they are better known, have emerged as a preferred choice of insurance - cum - savings vehicle for many Indians in the last decade.

As above, for investor looking to take low risk and looking for better returns could consider ULIPs as a good option.

ULIPs as an investment category has a lot of inherent benefits.

Additionally, we have taken the premium / investment in the two ULIPs as Rs 5 lacs.

ULIPs as an investment category has a lot of inherent benefits, especially when you remain invested over a longer period.

However, you may now consider topping up your life insurance portfolio with Ulips as well,» says Vishal Dhawan, a Mumbai - based financial planner.

Given the kind of performance equities have provided in the recent past, considering ULIPs as an investment option becomes even more attractive.

Unit linked insurance plans or ULIPs as they're referred to, are a combination of investment and insurance.

Reality: Because of the high premium allocation and fund management charges, many people consider ULIPs as a costly investment instrument.

ULIPs as well as mutual funds are instruments of long - term investments.

This advantage of ULIPs as being a tax free investment instrument does not cover just equity MFs, but also other sources of fixed income.

Thanks a lot, I am planning to continue with first ULIP (where only 3 premiums are pending); and will make the other ULIP as paid up (where 8 more premiums to be paid).

One example could be the decision to invest in an insurance policy like Ulip as proceeds from it are tax free.

If you want to make a lot of money for buying a house in the near future or for the higher education or marriage of your kids, you should start investing in a ULIP as soon as possible.

This feature helps the policyholder to use ULIP as a tool of investment to fulfil their financial goals.

Thanks a lot, I am planning to continue with first ULIP (where only 3 premiums are pending); and will make the other ULIP as paid up (where 8 more premiums to be paid).

Yes, you can use ULIP as a liquid instrument in case of an emergency.

This is very insightful article on unnecessary Insurance policies, like many others I was also trapped in this when I was new in investment filed (in 2007), I bought 2 ULIP plans, I realised in 2010 that ULIP plans are waste and I stopped investing in any more plans, and started building my MF portfolio through SIP, also invested in stocks for long term, and PPF and SSA scheme for tax purpose, but I have not discontinued by ULIP as whenever I think of doing this I feel that I am getting decent returns (though I don't need ULIP for Tax savings now) and I have already taken sufficient Online Term Insurance plan from ICICI Prudential, details of my ULP plans is given below, please suggest if I should continue or make it paid up:

If you surrender after five years, your life cover ceases on surrender and you are paid out the value of your ULIP as per the NAV of the funds you've invested in.

We are familiar with ULIP as an investment tool that offers insurance also.

The year 2010 was a turning point for ULIP as the insurance regulatory and development Authority of India introduced the new set of regulations for Unit linked Insurance Plans.

However, the insurance cover is lower in ULIP as compared to what you get by paying the similar premium towards a term insurance plan.

The year 2010 was a turning point for ULIP as the insurance regulatory and development Authority of India introduced the new set of regulations... Read More

It's easy to track your scheme's performance in a ULIP as insurers declare funds» net asset value periodically.

Can a customer invest money in a ULIP as a one - time addition, like a lump sum investment in a mutual fund?

Should I invest in mutual funds or ULIP as ULIP is linked with insurance?

As mentioned above, ULIP as a product is offered by Life insurance companies.

As mentioned earlier, ULIP as a product is offered by Life insurance companies.

With the newer tax structure in place, yes the value of a ULIP as an investment product will be further enhanced.

Not exact matches

I thought they gave me sufficient answers as I was willing to stay invested for atleast 15 yrs my current age is 31 Also want to ask should we depend on there fund manager or try ourself also as am new to all this & also can't follow market as m busy with my work currently I paid 2 lac premium in future Generalli dhan vridhi ulip Can u plz guide me as m not able to get expertise info on this ulip

(You may read my article on — «Banks as insurance agents / brokers «-RRB- HDFC Life Pro-Growth Plus is an ULIP (Unit Linked Insurance Plan).

The reason being that what you pay to insurance company quite a bit of this goes to agents as commissions [in India its around 25 % for first years, 15 % second and 5 % till the end] for normal endowment policy, or reitrement market linked ULIPS, there are further costs.

Agree with you that its just the mind - set that needs to be changed, as investors feel more bonded to ULIPs than to mutual funds.

Dear Abhijit, As indicated by you, bulk of the ULIP charges will be levied upfront in the initial few years.

It will not be a surprise to note that you own one of the old age insurance policies such as Endowment, Money Back, ULIP, Whole life and Pension Plans.

I've come aross another Bajaj Allianz Pure Stock Fund (ULIP plan) which claimed to be Shariah Compliant & provides tax benefit as well.

Should I consider Bajaj Allianz Pure Stock Fund (ULIP plan) which claimed to be Shariah Compliant & provides tax benefit as well?

Surrender value is the amount that a person will receive from the insurance company if s / he decides to terminate a life insurance policy (with an investment component such as money back, endowment or ULIP) before its maturity date.

The only drawback i found in ULIP's is some Administratve charges / Mortality charges etc. but in lieu of this, they are keeping you insured as well.

But I am confused between 25k in LIC and 25k in ELSS / ULIP split as I do not have any idea on the second option.

ULIPs are defined as insurance instruments; hence it did not have any short term gains tax as the product was tax free as per Sec 10 (10d).

Extra top - up contributions are also allowed in ULIPs; whoever such additional payments are considered as single premium contributions and mortality fees are levied on such payments.

A wider array of choices is also available for mutual fund investors as compared to ULIP investors.