Sentences with phrase «investment under a single policy»
Traditional endowment plans are those plans that offer insurance plus investment under a single policy.
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Things to Know Before Buying ULIP Plans ULIP, which stands for Unit Linked Insurance Plan is an insurance policy which gives investors both insurance and investment under a single integrated plan.
A Unit Linked Insurance Plan (ULIP) is a product offered by insurance companies that, unlike a pure insurance policy, gives investors both insurance and investment under a single integrated plan.
Your investment options range from different asset classes to varying degrees of risk, and you can have one or multiple investment accounts under a single policy.
An e-insurance account (EIA) allows you to hold all your insurance policies electronically under a single e-insurance account similar to how a demat account allows you to hold your stock and mutual fund investments.
Provisions under Single Premium Pension Super and Ace Investment mainly include policy renewal and different types of riders.