Unit Linked Insurance Plan (ULIP) is a product offered by insurance companies that provides both insurance and investment benefits. ULIPs allow investors to allocate portions of their premiums to funds like stocks and bonds while also providing a life insurance coverage. ULIPs serve as long-term savings vehicles with upside potential from investments and downside protection from insurance. Common ULIP funds invest in stocks, bonds, and money market instruments.

1. Abhijit
Kute
Abhishek
Singh
Madhu
Gubbala
Suresh
Gite
Vimal
Bhati
Vinayak
Khanna

2. What is ULIP?
Unit Linked Insurance Plan (ULIP) is a product offered by
insurance companies that unlike a pure insurance policy gives
investors the benefits of both insurance and investment under a
single integrated plan.

3.  They also serve as means for long term savings that gives maximum
benefits.
 ULIP plan are best for people who are more interested in stock exchange.
 In ULIP, some part of your investment is reserved in life protection cover
and the rest is invested in funds like stocks and bonds.
 They are innovative forms of life insurance that provide safety of you
insurance cover with wealth enhancement opportunities.

4.  The first ULIP was launched in India in 1971 by
Unit Trust of India (UTI).
 Government of India opened up the insurance sector
to foreign investors in 2001.
 In 2005 several insurance companies forayed into the
ULIP business leading to an over abundance of ULIP
schemes being launched to serve the investment needs
of those looking to invest in an investment cum insurance .

5. Life Insurance Polices
Annuities
Policy
Whole
Life
Policy
Endowme
nt Policy
TypesofLifeInsurancePolicies
.
Term
Policy Term Policy and whole life
insurance policies focus on risk-
coverage
Endowment policy and annuities
insurance policies focus on
investments
ULIPs focus on both risk-
coverage and the investments
ULI
P

7.  Retirement Plans
 Wealth Plans
 Child Education Plans
 Health Plans
Best ULIPs are the ones that give you appropriate
life cover, better fund option and a long period investment.