ULIP Plans In Less Than 60 Seconds | Unit Linked Insurance Plans | #Shorts | EP. #203

ULIPs are one of THE most mis-sold products in the insurance industry. It’s treated as a hybrid of mutual funds and term life insurance.

When you invest in a ULIP plan, the majority part of your premium is invested in equity and debt instruments. And a small part of your premium goes towards insurance coverage.

But this hybrid product is neither a good investment product nor a good insurance product.

But still they are widely marketed by the insurance and bank agents as an investment product that offers ALMOST guaranteed returns plus life coverage and tax benefits.

Now the problem is, almost ALL the ULIP plans are useless for an average investor.

Watch the next episode to find out why.

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RELATED VIDEOS:

Life Insurance Malayalam: അറിയേണ്ടതെല്ലാം… : https://www.youtube.com/watch?v=P1AZTh–3Tw

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Happy Investing/Trading! 🙂

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