ULIP Insurance

What is ULIP and How Does It Work?

Insurance, Investing / By My Finopedia / April 26, 2023 April 26, 2023

ULIP is a blessing for investors that helps to make long term Investments for lifetime goals. ULIP or a Unit linked insurance plan is an investment approach that creates multifaceted investment options for investors with an intent to cover expenses in the policy for 10 years for better chances for higher returns. The ULIP product …

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Disadvantages of Investing in Insurance

Insurance / By My Finopedia / February 22, 2023 February 22, 2023

The Drawbacks of Investing in Insurance: Understanding the Risks Investing in insurance can be an attractive option for many individuals looking to secure their financial future. Insurance products can offer protection against unforeseen risks and uncertainties, while also providing a means to accumulate wealth over the long term. However, like any investment, insurance also has …

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