ULIP

What is ULIP ?

It is stand for unit linked insurance plan
Where the plan is mixture of insurance with investment plan .

Where the fund decide the percentage of investment and insurance.

We all know that one should focus on one plan not different plan so you should either focus on investment or insurance not the both if you mixed it up it is quite bad returns give you unknownly.

Which if you separate those things than you could  make much more benefit.

So as conclusion never do ULIP
FOr  insurance or investment or for TAX SAVING.

You can take a term plan which cover your life with more protection and choose a pension fund which both could give a good return on your investment more than the ulip .

Thanks for your time and effort

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