Bharati Axa Life Launches Wealth Pro - How is this ULIP Plan?
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Bharati Axa Life Launches Wealth Pro - How is this ULIP Plan?
Bharati Axa Life has launched Wealth Pro ULIP. Should you opt for Bharati Axa Life Wealth Pro Unit Linked Insurance Plan (ULIP)?
Aug 10, 2022
Unit-linked Insurance Plan Explained
Key Features Plan Type: Unit-Linked, Non-Participating, Single Premium, Individual Life Insurance Savings Plan . Premium Payment: Requires a one-time lump sum premium payment. Dual Benefit: Offers both life insurance cover throughout the policy term and market-linked investment opportunities to help build wealth. Fund Options: Policyholders can choose to invest their premium in one of four types of investment funds based on their risk appetite: Bond, Secured, Balanced, and Growth funds. Flexibil
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Key Features Plan Type: Unit-Linked, Non-Participating, Single Premium, Individual Life Insurance Savings Plan . Premium Payment: Requires a one-time lump sum premium payment. Dual Benefit: Offers both life insurance cover throughout the policy term and market-linked investment opportunities to help build wealth. Fund Options: Policyholders can choose to invest their premium in one of four types of investment funds based on their risk appetite: Bond, Secured, Balanced, and Growth funds. Flexibil
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Unit-linked Insurance Plan Benefits
A ULIP (Unit Linked Insurance Plan) is a financial product that offers life insurance along with investment in market-linked funds. It provides dual benefits of protection and potential returns, with a mandatory five-year lock-in period. Investors also get tax benefits under Section 80C, but careful fund selection is essential to avoid potential losses. Watch full video: https://www.youtube.com/watch?v=Cw_D5HMBG7c #ULIP #UnitLinkedInsurancePlan #SmartInvesting #LifeInsurance #Section80C | DDNews
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