Sentences with phrase «ulips allow»

Many single - premium Ulips allow increasing the sum assured to 10 times of the single premium paid.

Yes, insurance can help you in the same, with an effective life insurance plan you can increase your wealth.Insurance plans such as Ulips allow you to earn additional income, you just simply have to invest a decided amount in it.

Tax Deductions: ULIPs allow tax is invested in a ULIP is deductible from one's, reducing the money owed to the government by way of income tax.

ULIP allows you to customise your saving's schedule by making use of its features such as withdrawals, multiple fund options, different premium payment options and modes.

Under Section 80C of the Income Tax Act, 1961, the premiums paid towards your ULIP allow you deductions of up to Rs. 1, 50,000 against your taxable income.

Besides providing financial security to your family in your absence, ULIP allows you to benefit from the high growth of equity investments.

This ULIP allows you to manage your funds in any proportion.

Future Generali Pramukh Nivesh ULIP allows surrender of policies before end of policy term.

HDFC Life Click2Invest ULIP allows surrender of policy.

HDFC Life Click2Invest ULIP allows surrender of policies before end of policy term.

Future Generali Pramukh Nivesh ULIP allows surrender of policy.

Not exact matches

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.

It is argued by insuring companies that this aspect allows ULIPs to be a good tool of rebalancing.

Policy renewal is not allowed for Future Generali Pramukh Nivesh ULIP Policy renewal is allowed for IDBI Federal Growth Insurance Plan and renewal period is 2 years.

Policy renewal is not allowed for HDFC Life Click2Invest ULIP Policy renewal is allowed for SBI Life eShield and renewal period is 2 years.

HDFC Life Click2Invest ULIP and Bharti AXA Elite Secure premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.

Preferred Term Plan and HDFC Life Click2Invest ULIP premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.

Online Term and HDFC Life Click2Invest ULIP premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.

The main reason why ULIPs became more popular than mutual funds was because life insurance companies were allowed to pay their agents huge commissions of anywhere between 30 and 40 per cent of the premium in the first year and almost as much in the subsequent years.

Thus, a ULIP is a must have for someone who is looking for a life insurance along which allows part investment as well.

ULIPs offer periodic top - ups that allow the policyholders to invest their excess cash.

It is most advisable to go for a ULIP plan which allows partial withdrawals to meet such liquidity requirements.

They require lump sum money to fulfil such responsibilities and this can be achieved by ULIP plans allowing partial withdrawals.

ULIP is a tax saving investment tool that allows you to switch between equity and debt.

Though a ULIP provides flexibility in the form of partial withdrawals, such withdrawals are allowed only after 5 years.

Also, corporate agents will not be allowed to solicit unit - linked insurance plans (ULIPs) of non-single premium type for annualised premiums exceeding Rs 50,000 over telephonic mode (voice as well as SMS).

Additionally some ULIPs will allow you to increase the sum assured over the term of the plan.

Reduction of maturity age and switching into a new policy is not allowed under such ULIPs.

Yes, switching is allowed in the ULIP plans as per the product specifications.

ULIP is loaded with following features - Allows for switching between funds Additional riders and benefits Flexibility to choose premium and life cover Tax benefits Top - ups Loyalty additions at the maturity

Premium Payment Mode Most ULIP policies allow online payments for premium.

ULIPs offer many investment funds to choose from which allow the flexibility to shift between equity and debt, based on the market conditions and one's risk profile.

The ULIP holders are allowed to exit after the end of the lock - in period, i.e. the initial five years.

ULIP's are a good choice as they allow the investor to choose market tools to invest in, and change their choice depending on how the market turns.

Fact: The reality is that ULIPs such as HDFC Life Progrowth Plus allow investment of additional / surplus funds as and when they are available by way of top - up premiums.

The icing on the cake is that the grandfathering clause, which allows old rules to apply for existing situations, applies to the tax deductions of ULIPs.

Being an ULIP investor, you are allowed to change the investment options under your plan.

You can take your pick from an array of life insurance policies that include term insurance plans, endowment plans, money back plans or ULIP plans, all of which will allow you to save tax with insurance.As per Section 80C, the premiums that you pay towards the life insurance policy is deductible up to a maximum of Rs 1.5 lakhs.

ULIPs are said to be the best tax saving instruments available in the market as they allow deductions under section 80 (C) and 10 (10D) of the income tax act.

Some insurance companies allow this option after completing a certain time period upon the purchase of a ULIP.

Kotak Platinum: It is a ULIP plan that offers insurance cover and allows you to invest for good returns.

As the internet and digital era is at its peak, it has allowed the ULIPs to evolve according to the new generation.

For Kotak Gratuity Plus Group Plan, policy renewal is allowed Policy renewal is not allowed for SBI Life Kalyan ULIP Plus.

HDFC Life Click2Invest ULIP and Birla Sun Life Empower Pension - SP Plan premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.

HDFC Life Invest Wise Plan: It is a single premium Ulip Plan that allows you to build a corpus as well.

One can't extend beyond the maximum age allowed under a ULIP plan.

Pramukh Nivesh ULIP and Click2Protect premium comparison can be done on the basis of minimum and maximum premium, if top up premium is allowed and also if premium waiver is available in case of critical illness or physical disability.

Future Generali Pramukh Nivesh ULIP: It allows you to invest all the premium in the funds of your choice.

ULIPs or unit - linked investment plans offer life insurance and allows the policyholder to invest in different types of funds.

A ULIP scheme allows investors to choose from the given assets.