ulip in A Sentence

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    You probably hear about Ulip.

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    Ulip- Unit Linked Insurance Plan.

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    The Ulip plans give both monetary security and life coverage.

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    Whereas investing in a Ulip pension policy provides high returns.

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    Even a unit-linked insurance plan(Ulip) would be a good option.

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    Ulip(Unit-linked Insurance Plan) is a combination of insurance and investment plans.

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    While younger investors may buy a Ulip, older investors should avoid them.

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    It is imperative to understand that Ulip is a long-term investment product.

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    Ulip neither gives an adequate life cover nor offers a great investment opportunity.

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    Ways in which Ulip lock-in period helps you invest for long-term goals.

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    Unit linked insurance plan(Ulip) is a hybrid product, a combo of protection and saving.

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    Not only that but also an investor can choose from the Ulip options.

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    All the types of plans mentioned above can be offered under Ulip plans.

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    Suppose that a person takes a whole life Ulip at the age of 40.

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    Ulip is not a financial product which can provide you with an adequate insurance cover.

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    Now get the protection and wealth-creation benefits of a Ulip, with just a single payment.

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    This means that the sum allocated to the Ulip is less in the initial years.

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    Ulip is suitable for young people who are ready to invest and take the financial risks.

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    Being an investment-cum-insurance policy, Ulip is among the most productive options to choose for investment.

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    Rest of the plans that come under the same are-endowment plan, money back plans, Ulip, etc.

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    In short, a Ulip plan is a combo of insurance and investment product at the same time.

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    There are several Ulip plans that provide money in small chunks in the key events of your children's life.

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    Since Ulip is an insurance policy, failure to pay regular premium would result in termination of the risk cover.

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    Compare Ulip products of different insurance companies in terms of premium payments, scheme performance, additional facilities and cost structure.

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    A Ulip can have a duration of 15 or 20 years or more but the lock-in period is 5 years.

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    From the easy to understand Ulip NAV to the historical returns, the numbers help pick the best Ulip plans easily.

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    When you have selected a Ulip(Unit related insurance plan), the expert will make certain that your investments are performing nicely.

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    If you have chosen a Ulip(Unit linked insurance plan), the expert will make sure that your investments are performing well.

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    If a customer wants to buy Ulip with the rider, he may take the permission of the additional premium.

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    A Ulip can have a duration of 15 or 20 years or more but the lock-in period is five years.

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