npavan78
13-06-2008, 12:59 AM
ULIPs have gained high acceptance due to attractive features they offer. These include:
Flexibility
Flexibility to choose Sum Assured.
Flexibility to choose premium amount.
Option to change level of Premium /Sum Assured even after the plan has started.
Flexibility to change asset allocation by switching between funds
Transparency
Charges in the plan & net amount invested are known to the customer
Convenience of tracking one’s investment performance on a daily basis.
Liquidity
Option to withdraw money after few years (comfort required in case of exigency)
Low minimum tenure.
Partial / Systematic withdrawal allowed
Fund Options
A choice of funds (ranging from equity, debt, cash or a combination)
Option to choose your fund mix based on desired asset allocation.
Flexibility
Flexibility to choose Sum Assured.
Flexibility to choose premium amount.
Option to change level of Premium /Sum Assured even after the plan has started.
Flexibility to change asset allocation by switching between funds
Transparency
Charges in the plan & net amount invested are known to the customer
Convenience of tracking one’s investment performance on a daily basis.
Liquidity
Option to withdraw money after few years (comfort required in case of exigency)
Low minimum tenure.
Partial / Systematic withdrawal allowed
Fund Options
A choice of funds (ranging from equity, debt, cash or a combination)
Option to choose your fund mix based on desired asset allocation.