ULIPs & Mutual Funds: A Comparative Study
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Unit Linked Insurance Plans (ULIPs) are financial instruments that combine insurance coverage with investment opportunities. These plans offer policyholders both life insurance protection and wealth creation through market-linked investments. Premiums paid for ULIPs are split into two components: one part is for life insurance coverage and the other one is for investment in funds that match the policyholder’s risk tolerance.
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