{"id":2457,"date":"2016-11-20T10:30:00","date_gmt":"2016-11-20T05:00:00","guid":{"rendered":"http:\/\/www.financialhospital.in\/blog\/?p=2457"},"modified":"2021-08-02T16:11:22","modified_gmt":"2021-08-02T10:41:22","slug":"unit-linked-insurance-plans-ulip","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/","title":{"rendered":"All About Unit Linked Insurance Plans (ULIP)"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance. ULIPs basically offer two way benefits for the holder which are as below <\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Insurance cover for the holder and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Investment option for the holder by creating link with the capital market<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Types of ULIPs<\/b><\/h3>\n<p><img fetchpriority=\"high\" decoding=\"async\"  src=\"https:\/\/fintoo.in\/blog\/wp-content\/uploads\/2020\/06\/TYPES-OF-ULIPS-1024x389.jpg\" alt=\"types-of-ulips\" width=\"539\" height=\"205\" class=\"aligncenter wp-image-2471 no-lazyload\" \/><\/p>\n<p><strong>Based on the ultimate application<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Retirement ULIPs<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 60px;\"><span style=\"font-weight: 400;\">These ULIPs need to be contributed by the holder till his service with the employer is still going on. Later on these ULIPs pay off the holder in the nature of annuities post retirement. \u00a0\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ULIPs offering wealth appreciation <\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 60px;\"><span style=\"font-weight: 400;\">These ULIPs accumulate wealth over a period, giving out benefit of compounding. Hence, it is basically suitable for the people who are in the age group of 25-40 and are seeking wealth appreciation as their long term financial goal.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ULIPs for children education<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 60px;\"><span style=\"font-weight: 400;\">This is an instrument which will pay out the money at regular intervals as per the liquidity demands for the kids education. These ULIPs will also come to rescue in case of any unforeseen contingent events.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Medical benefits ULIPs<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 60px;\"><span style=\"font-weight: 400;\">This ULIP will provide for medical benefits in case of unanticipated health emergencies.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong>Based on the investment pattern<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\"  src=\"https:\/\/fintoo.in\/blog\/wp-content\/uploads\/2020\/06\/Based-on-the-investment-pattern.jpg\" alt=\"based-on-the-investment-pattern\" width=\"500\" height=\"333\" class=\"aligncenter wp-image-2472 no-lazyload\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Equity funds<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">These ULIPs carry higher risk attached since they invest in equity markets. The premium paid by the ULIP holder is invested in equity funds, hence is suitable for those who have higher risk appetite.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Balanced funds<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">This ULIP balances out the returns from the debt market and the stock market. <\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Debt funds<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Here the ULIPs invest in debt market instruments like bonds etc. with the risk-reward matrix of low risk-low reward pattern. Suitable to conventional investors.<\/span><\/p>\n<p><strong>Based on death benefit <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Type I ULIP\u00a0<\/span>On death of the ULIP holder, the sum which is higher of<\/li>\n<\/ul>\n<ol style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Assured sum value or <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fund value \u00a0<\/span><\/li>\n<\/ol>\n<p style=\"padding-left: 30px;\">Is paid out to the nominee.<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Type II ULIP<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">On death of the ULIP holder, the sum is paid to nominee which is equal to<\/span><\/p>\n<ol style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Assured sum value and <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fund value <\/span><\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Hence, typically, Type II ULIP come with higher premiums towards higher payouts on the event of the death of the policyholder.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>How will ULIPs benefit you?<\/b><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\"  src=\"https:\/\/fintoo.in\/blog\/wp-content\/uploads\/2020\/06\/Benefits-of-Ulips.jpg\" alt=\"benefits-of-ulips\" width=\"500\" height=\"287\" class=\"aligncenter wp-image-2473 no-lazyload\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Above average returns<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">As ULIPs are linked directly to the stock markets, these will gain whenever the markets trend is bullish (when buying spree leads to upwards trend leading to rising market prices,which will benefit you if you are selling.) <\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Flexibility<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">ULIP investor can opt to switch between the funds depending upon his preferences like <\/span><\/p>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">a) Based on type of exposure in <\/span><\/p>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">ULIPS which invest in debt, equity or hybrid which would give him high reward-high risk (equity) or low risk- low reward (debt). <\/span><\/p>\n<p style=\"padding-left: 30px;\"><span style=\"font-weight: 400;\">b) Based on individual finance goals and objectives<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Based on long term or short term financial planning goals, the ULIP investor can opt for appropriate fund.<\/span><\/p>\n<p style=\"padding-left: 30px;\"><span style=\"font-weight: 400;\">c) Flexibility to opt for programmed switches<\/span><\/p>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">If any investor is not sure of ULIP type to be opted for then he can opt for programmed switch among different funds, which will relieve him from any worries of self-monitoring.<\/span><\/p>\n<p><strong>Tax benefits<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\"  src=\"https:\/\/fintoo.in\/blog\/wp-content\/uploads\/2020\/06\/How-HUF-can-be-helpful-in-saving-the-taxes-from-the-taxation-system-1024x696.jpg\" alt=\"how-huf-can-be-helpful-in-saving-the-taxes-from-the-taxation-system\" width=\"500\" height=\"340\" class=\"aligncenter wp-image-2401 no-lazyload\" \/><\/p>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">ULIPs \u00a0provide for three way benefits <\/span><\/p>\n<ol style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Tax deduction are allowed under section 80C for premiums paid for ULIP. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Further death benefit which is paid out on ULIPs are tax free.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Assured benefit or investment made towards the ULIPs is also tax free subject to certain conditions.<\/span><\/li>\n<\/ol>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Partial withdrawal<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Such partial withdrawals are tax free subject to the condition of that their value is not more than 20% of the fund value.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Top up facility <\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Whenever the investors hold excess or surplus money, then they have option to invest such additional funds in ULIPs. Additionally, these additional investments will also be eligible for all tax deduction and exemptions as the original investment amounts.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Charges associated with ULIPs<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Fund management charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">These charges are like those applied on mutual funds. These charges are automatically deducted from NAV of the fund.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Premium Allocation Charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">These are charged on the premium paid by the ULIP investor. These are medical expenses or underwriting cost.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Fund switching charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Generally, few switches are free depending upon every other ULIP company, however, over and above such prescribed number of switches, fund switching charges would be levied.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Mortality charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">These are deducted monthly and are hence borne by the insurer. They vary per age as well as sum assured for every ULIP holder.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Surrender charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">When the ULIP holder withdraws prematurely fully or partially as a percentage of premium or fund value.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>How to choose suitable ULIP?<\/b><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\"  src=\"https:\/\/fintoo.in\/blog\/wp-content\/uploads\/2020\/06\/choose-suitable-ULIP.jpg\" alt=\"choose-suitable-ulip\" width=\"500\" height=\"265\" class=\"aligncenter wp-image-2474 no-lazyload\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Define your requirements<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">ULIPs come in different sizes and types, hence it is imperative to choose an appropriate plan which would suit your requirements, be it long term or short term. For e.g. if you don\u2019t mind facing higher risk but would seek higher returns, then equity based ULIP is best suited for you.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Find out about charges<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">There are several charges like ones mentioned in this article and many more, which may vary for various fund companies. So while opting for any ULIP, look out for charges applicable and then go for the same.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Sum assured or coverage<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">This is very important since this is the amount which you or your nominee will receive at maturity or payout event. <\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\">Flexibility<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 30px;\"><span style=\"font-weight: 400;\">Find out whether the fund allows switching (with or without charges), partial or full withdrawal before maturity etc. these options will give such a fund an additional leverage over other alternatives.<\/span><\/p>\n<p>A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning without any cost on:\u00a0<a href=\"http:\/\/bit.ly\/Robo-Fintoo\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/bit.ly\/Robo-Fintoo<\/a><\/p>\n<p><em><strong>Disclaimer:<\/strong>\u00a0The views shared in blogs are based on personal opinion and does not endorse the company\u2019s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance. ULIPs basically offer two way benefits for the holder which are as below Insurance cover for the holder and Investment option for the holder by creating link with the capital market Types [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[100],"tags":[101,113],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog<\/title>\n<meta name=\"description\" content=\"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog\" \/>\n<meta property=\"og:description\" content=\"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\" \/>\n<meta property=\"og:site_name\" content=\"Fintoo Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fintooapp\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/fintooapp\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-20T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-02T10:41:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"fintoo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FintooApp\" \/>\n<meta name=\"twitter:site\" content=\"@FintooApp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"fintoo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\"},\"author\":{\"name\":\"fintoo\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/80d83d5d650c11b0fffaf636bea491c3\"},\"headline\":\"All About Unit Linked Insurance Plans (ULIP)\",\"datePublished\":\"2016-11-20T05:00:00+00:00\",\"dateModified\":\"2021-08-02T10:41:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\"},\"wordCount\":1020,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg\",\"keywords\":[\"Insurance\",\"Ulip\"],\"articleSection\":[\"Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\",\"name\":\"All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog\",\"isPartOf\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg\",\"datePublished\":\"2016-11-20T05:00:00+00:00\",\"dateModified\":\"2021-08-02T10:41:22+00:00\",\"description\":\"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg\",\"contentUrl\":\"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg\",\"width\":400,\"height\":250},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Fintoo\",\"item\":\"https:\/\/blog.fintoo.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"All About Unit Linked Insurance Plans (ULIP)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#website\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/\",\"name\":\"Fintoo Blog\",\"description\":\"A Personal Finance and Investment Blog\",\"publisher\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.fintoo.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#organization\",\"name\":\"Fintoo\",\"url\":\"https:\/\/blog.fintoo.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png\",\"contentUrl\":\"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png\",\"width\":120,\"height\":90,\"caption\":\"Fintoo\"},\"image\":{\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/fintooapp\",\"https:\/\/x.com\/FintooApp\",\"https:\/\/www.instagram.com\/fintoo.app\/\",\"https:\/\/www.linkedin.com\/company\/13467061\/\",\"https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/80d83d5d650c11b0fffaf636bea491c3\",\"name\":\"fintoo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9c4fb77a9b580ca7508305adb522e519?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9c4fb77a9b580ca7508305adb522e519?s=96&d=mm&r=g\",\"caption\":\"fintoo\"},\"sameAs\":[\"https:\/\/www.fintoo.in\/\",\"https:\/\/www.facebook.com\/fintooapp\",\"https:\/\/www.instagram.com\/fintoo.app\/\",\"https:\/\/www.linkedin.com\/company\/13467061\/\",\"https:\/\/x.com\/FintooApp\",\"https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ\"],\"url\":\"https:\/\/blog.fintoo.in\/blog\/author\/fintoo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog","description":"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/","og_locale":"en_US","og_type":"article","og_title":"All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog","og_description":"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance","og_url":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/","og_site_name":"Fintoo Blog","article_publisher":"https:\/\/www.facebook.com\/fintooapp","article_author":"https:\/\/www.facebook.com\/fintooapp","article_published_time":"2016-11-20T05:00:00+00:00","article_modified_time":"2021-08-02T10:41:22+00:00","og_image":[{"width":400,"height":250,"url":"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg","type":"image\/jpeg"}],"author":"fintoo","twitter_card":"summary_large_image","twitter_creator":"@FintooApp","twitter_site":"@FintooApp","twitter_misc":{"Written by":"fintoo","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#article","isPartOf":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/"},"author":{"name":"fintoo","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/80d83d5d650c11b0fffaf636bea491c3"},"headline":"All About Unit Linked Insurance Plans (ULIP)","datePublished":"2016-11-20T05:00:00+00:00","dateModified":"2021-08-02T10:41:22+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/"},"wordCount":1020,"commentCount":0,"publisher":{"@id":"https:\/\/blog.fintoo.in\/blog\/#organization"},"image":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage"},"thumbnailUrl":"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg","keywords":["Insurance","Ulip"],"articleSection":["Insurance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/","url":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/","name":"All About Unit Linked Insurance Plans (ULIP) - Fintoo Blog","isPartOf":{"@id":"https:\/\/blog.fintoo.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage"},"image":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage"},"thumbnailUrl":"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg","datePublished":"2016-11-20T05:00:00+00:00","dateModified":"2021-08-02T10:41:22+00:00","description":"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance","breadcrumb":{"@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#primaryimage","url":"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg","contentUrl":"https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg","width":400,"height":250},{"@type":"BreadcrumbList","@id":"https:\/\/blog.fintoo.in\/blog\/unit-linked-insurance-plans-ulip\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Fintoo","item":"https:\/\/blog.fintoo.in\/blog\/"},{"@type":"ListItem","position":2,"name":"All About Unit Linked Insurance Plans (ULIP)"}]},{"@type":"WebSite","@id":"https:\/\/blog.fintoo.in\/blog\/#website","url":"https:\/\/blog.fintoo.in\/blog\/","name":"Fintoo Blog","description":"A Personal Finance and Investment Blog","publisher":{"@id":"https:\/\/blog.fintoo.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.fintoo.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.fintoo.in\/blog\/#organization","name":"Fintoo","url":"https:\/\/blog.fintoo.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png","contentUrl":"https:\/\/www.fintoo.in\/blog\/wp-content\/uploads\/2021\/03\/fintoo.png","width":120,"height":90,"caption":"Fintoo"},"image":{"@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/fintooapp","https:\/\/x.com\/FintooApp","https:\/\/www.instagram.com\/fintoo.app\/","https:\/\/www.linkedin.com\/company\/13467061\/","https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ"]},{"@type":"Person","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/80d83d5d650c11b0fffaf636bea491c3","name":"fintoo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.fintoo.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9c4fb77a9b580ca7508305adb522e519?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9c4fb77a9b580ca7508305adb522e519?s=96&d=mm&r=g","caption":"fintoo"},"sameAs":["https:\/\/www.fintoo.in\/","https:\/\/www.facebook.com\/fintooapp","https:\/\/www.instagram.com\/fintoo.app\/","https:\/\/www.linkedin.com\/company\/13467061\/","https:\/\/x.com\/FintooApp","https:\/\/www.youtube.com\/channel\/UC00AMcwwfUKrV-XD5n6hWyQ"],"url":"https:\/\/blog.fintoo.in\/blog\/author\/fintoo\/"}]}},"uagb_featured_image_src":{"full":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"thumbnail":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",128,80,false],"medium":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"medium_large":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"large":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"1536x1536":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"2048x2048":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"gt3theme_mobile":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"qi_addons_for_elementor_image_size_square":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"qi_addons_for_elementor_image_size_landscape":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"qi_addons_for_elementor_image_size_portrait":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false],"qi_addons_for_elementor_image_size_huge-square":["https:\/\/blog.fintoo.in\/blog\/wp-content\/uploads\/2021\/08\/20-nov.jpg",400,250,false]},"uagb_author_info":{"display_name":"fintoo","author_link":"https:\/\/blog.fintoo.in\/blog\/author\/fintoo\/"},"uagb_comment_info":1,"uagb_excerpt":"ULIP refers to Unit linked Insurance plans which is a market linked instrument which combines best features of an investment and an insurance. ULIPs basically offer two way benefits for the holder which are as below Insurance cover for the holder and Investment option for the holder by creating link with the capital market Types&hellip;","_links":{"self":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/2457"}],"collection":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/comments?post=2457"}],"version-history":[{"count":3,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/2457\/revisions"}],"predecessor-version":[{"id":12891,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/posts\/2457\/revisions\/12891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/media\/12890"}],"wp:attachment":[{"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/media?parent=2457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/categories?post=2457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.fintoo.in\/blog\/wp-json\/wp\/v2\/tags?post=2457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}