6 Benefits That Make ULIPs a Profitable Investment Option

There is no dearth of investment options in the market. However, the trick is to choose the right investment option, which meets your goals and will help you grow your wealth. It might seem like a herculean task for the majority of investors to choose an investment product out of the available alternatives. Out of all the current investment options, a Unit Linked Insurance Plan (ULIP) is considered as a preferred and worthwhile investment. You need to understand the ULIP plan meaning and its benefits to take the right decision.

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Know the Rules about Discontinuing a ULIP Plan

Unit-Linked Insurance Plan (ULIP) is a dual investment product. It offers insurance coverage and invests in funds that help grow your wealth. When you invest in a ULIP, you need to consider the ULIP NAV and remain invested for the lock-in period. If you choose to discontinue a plan, there are certain rules you need to know.

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3 Scenarios When Debt Consolidation Might Makes Sense

Being deep in debt can make almost every aspect of your life more challenging. Not only can it make it hard for you to gain control over your finances and afford the things you need, but it can also impact your personal life and relationships as well as your own self-esteem. So when you’re given an option like debt consolidation, it might seem like the best or only option you have.

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How Insured Declared Value (IDV) Of A Two Wheeler Depreciates Over Time?

When you buy two wheeler insurance you often look at the coverage which the plan offers and the premium that it charges. Comprehensive two wheeler insurance plans have a value called the Insured Declared Value (IDV). This IDV is considered to be the sum insured of the two wheeler insurance policy. A lot of people look at the value and do not understand its meaning, how it is calculated and its significance in the bike insurance policy. So, let’s understand the concept of IDV in details –

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How Does a Car Affect the Insurance Policy?

When you buy car insurance online in India, there are certain factors that affect the premium of the plan. From the model of the car to its fuel type, every component of the vehicle comes into play. Take a look at this article to know how exactly the car types affect the insurance premium.

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7 Do’s and Don’ts to Follow After a Car Accident

When you get involved in a road accident, multiple emotions crowd your mind. From fear to shock to anger to confusion, it is normal for you to experience a range of feelings. However, you need to stay calm and take stock of the situation. There are a few things that you must do and a few that you must not do when there is an accident. Take a look at this article to know more.

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Top 5 Reasons for Home Loan Rejection

Home loan rejection is quite common these days. With more and more people seeking a housing loan, banks have installed strong rules when it comes to approvals. Let us checkout 5 key reasons why a home loan can get rejected.

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5 reasons why it is worth investing in Blue Chip Funds

If you have been thinking of investing your surplus funds in a profitable avenue, you must consider Blue Chip Mutual Funds. For those who are not aware of what a Blue Chip Fund investment is, let us keep you informed that blue chip funds area popular terminology in context of companies that are both, well established and financially stable. These companies have a credible track record and have proved themselves to be trustworthy.

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5 Differences between Linked and Non-Linked Plans

Introduction

Every investment decision involves a risk-return trade off. In other words, a financial instrument that provides high returns would entail high risk and vice versa. Hence it is important to differentiate between need-based vs greed-based investing. Pure insurance products are primarily low risk offering low returns,but are suited to the life cover needs of the investor.

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Why You Should Invest in ULIPs When The Markets Are Down?

For those who are just beginning to experience market uncertainties, a market crash can be a nightmarish experience. It is human nature to take stock of short-term losses, sell everything and then stop any cash inflow into the market until everything settles down.

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Derivatives Market: Commodity Derivatives

In any market, a commodity is an item that is produced to meet the market needs. The same is true for the derivatives market in economics too. In the commodity market, the goods have the quality of being replaced by one another. A simple example of it is the currency, which you can exchange for the same value. Here, the currency is a commodity. There are other common commodities used in the derivatives markets. Some of them are steel, pure gold, crude oil, and metals.

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Here’s How You Can Lower Your Term Plan Premium Without Sacrificing on Coverage

Protecting your loved ones against the uncertainties of life is always a priority. Along the way, you strive to provide for your family and give them a lifestyle they deserve. But have you ever imagined what will happen to their dreams and aspirations if something happens to you?

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