Monday, December 15, 2008
ULIP
Unit Linked Insurance Plan (ULIP) provides for life insurance where the policy value at any time varies according to the value of the underlying possessions at the time. ULIP is life insurance solution that provides for the benefits of defense and suppleness in investment. The investment is denoted as units and is represented by the value that it has attained called as Net Asset Value (NAV).
ULIP came into play in the 1960s and is popular in many countries in the world. The reason that is credited to the wide spread popularity of ULIP is because of the clearness and the suppleness which it offers.a
As times progressed the plans were also productively mapped along with life insurance require to retirement planning. In today's times, ULIP provides solutions for insurance planning, financial needs, financial planning for children’s marriage planning also can be complete with this.
ULIP came into play in the 1960s and is popular in many countries in the world. The reason that is credited to the wide spread popularity of ULIP is because of the clearness and the suppleness which it offers.a
As times progressed the plans were also productively mapped along with life insurance require to retirement planning. In today's times, ULIP provides solutions for insurance planning, financial needs, financial planning for children’s marriage planning also can be complete with this.
// posted by wibsio3 @ 3:38 AM 
