In the policy the investment risk in the investment portfolio is borne by the policyholder

A Unit Linked Insurance Policy (ULIP) is different from a regular insurance policy and provides the investors benefits of both insurance and investment. A certain chunk of your life insurance investment will be channeled towards insuring your life while the other part will be invested in different plans of your choice on your behalf. ULIPS are dynamic and flexible. Additionally, they also help the investor make more money in the long run. Read on to know how:

Though many may find ULIPs a little complicated in nature, but the high yield of returns it offers is something an investor cannot ignore. A good plan is the one which comes at a lower cost and offers good returns. It must also provide a proper disclosure in terms of returns and costs with the benefit of good servicing. So, in contrast to mutual funds, ULIPs have a simpler cost structure. It offers policy holders the flexibility to choose fund options and also feature an in-built range of funds that range from aggressive to constructive. One can decide the range they want to choose based on their investment preferences. A unit linked insurance policy also offers the choice of switching between various fund options so that the investor can reap the most benefits from it.

With Unit Linked Insurance Policy, one can also choose from different levels of risk appetites. On the aggressive side of the graph, the funds are invested usually in equities that improve returns but boost its volatility as well. While on the conservative side, the funds are usually invested in money markets and debts that ensure stable returns and low risk.

Thus, depending upon their financial capabilities, one can choose to go for a hybrid plan as well

where a part will be invested in equities and the balance in money markets and debts securities.

Thus, a ULIP is a must have for someone who is looking for a life insurance along which allows part investment as well.In the Unit linked life insurance product, the Investment Risk in investment portfolio is borne by the Policyholder.

To know more about term plan, term insurance and retirement plan visit PNB MetLife website.

Disclaimer:
The aforesaid article presents the view or an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ before making any decision.

PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
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