Life insurance providers have come up with ULIP products with new improved features.
New ULIP with a twin benefit of return of Mortality charges on maturity and return enhancer on maturity benefits
A unit-linked insurance plan provides both insurance and investment benefits
You must bear in mind that the past performance of the fund is not necessarily indicative of the future performance
Your risk appetite should guide you while choosing funds
Both these investments are market linked, which means they are both subject to market risk
It will depend on the period for which the contribution to the scheme has been made