The debate or the war – ULIP better than Mutual Funds had a new chapter when Budget 2018 has introduced Long Term Capital Gain Tax for Equity Funds. ULIPS being an insurance product remains tax-free on maturity. Now with this recent change, let’s see if the scale has bent towards ULIPS. Let’s critically evaluate MutualRead More
ULIPs
Dhan Suraksha Express ULIP – Is your dhan really surakshith ?
Dhan Suraksha Express is a Unit Linked Insurance Plan (ULIP) from Star Union Dai-ichi Life Insurance Company with the objective of providing financial protection to your family with growth of your investment money. This ULIP is different from others as it is a low term ULIP and offers just two fund options to park your premium in.Read More
How to Revive a Lapsed ULIP Within 2 Years
The insurance regulator of India, IRDA (Insurance Regulatory and Development Authority) has introduced another new rule for Unit Linked Insurance Plans (ULIPs). After the overhaul of ULIPs in September 2010 which made ULIPs more investor friendly, here is another one to take it to the next level. The new rule will now enable policy holdersRead More
Why Unit Linked Insurance Plans(ULIPs) are not suitable products
Are Unit Linked Insurance Plans. ULIPs as bad as they are made out to be ? ULIPs are investment products that combine insurance with investment. Both insurance and investments serve two different purposes – they cannot be combined to make a cocktail you cannot drink. Any product that begins to digress from the basic concepts of keepingRead More