pls tell me what is ULIP plan,, ?



i hav no idea bout it, some 1 suggested to me from the birla sun life insurance,, what will happen if i pay the 3 premiums , 1 per annum
hw much will i get after three years????
is it related to the condition of the market???
suppose i pay 6000rs as premium
should i finish it when market is at its peak??
pls gv a genuine advice

3 Replies to “pls tell me what is ULIP plan,, ?”


  1. ulip is the unit linked insurance plan which is related to share market ….

    before investment you should see the NAV value of the company’s product which is given in hindustan times news paper……

    i’m advisore of icici ….for more enquiry u can mail me

    [email protected]


  2. ULIP means Unit Linked Insurance Plans it is 100% market related insurance plan in which the fund from your premium in excess to risk premium are invested in the share market by the insurers
    the returns is totaly not guaranted by any of the insurance companies
    the returns will be based on the fund type which you select at the time of taking insurance and switching there after
    before you go for ULIP plans YOU must under stand the CHARGES DISCLOSED BY THE INSURER AND THE HIDDEN CHARGES NOT DISCLOSED BY THE INSURER be ware of the charges and as far as my experience charges of the LIC ie LIFE INSURANCE CORPORATION OF INDIA ARE THE LOWEST IN INDIA and all other PVT PLAYERS ARE CHEATING WITH THE NAME OF THE CHARGES BECOZ THEY WILL FIRST DEDUCT THEIR PROFIT FROM THE MONEY INVESTED OF YOURS WHERE AS LIC DISTIBUTING ALL THE PROFITS TO THE POLICY HOLDERS
    ANOTHER THING IS NAV=net asset value only LIC DECLARES NAV AFTER DEDUCTING ALL ADMN CHARGES WHEREAS ALL THE PVT PLAYERS ARE DEDUCTING CHARGES FROM THE NAV ie if NAV of LIC IS 20 THEN 20 SHOULD BE MILTIPLIED BY THE UNIT WILL SHOW YOU THE ACTUAL RETURN
    WHEREAS IF NAV OF THE PVT PLAYERS IS 30 THEY WILL DEDUCT OTHER CHARGES (FOR EXAMPLE 15RS /UNIT) THEN ACTUAL NAV WILL BE RS 15 TO BE MULTIPLIED BY THE UNIT
    IF YOU ARE GOING FOR ULIP PLAN AND ANY OF THE CO SHOWS YOU RETURN @ 25% OR UP IS NOT AT ALL POSSIBLE HENCE BE WARE IF YOU ARE INVESTING IN ULIP GO FOR LONG TERM ONLY AND GO WITH LIC ONLY AND DONT GO WITH ANY PVT PLAYERS…….





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