To enable better financial wellbeing in the future, Unit Linked Insurance Plan (ULIP) is among the most popular investments in India. This is because a ULIP plan helps you achieve your long-term financial goals. A ULIP policy combines insurance along with investment. However, several factors need to be considered before you buy a ULIP. These include your investment risk appetite, ULIP fund management charges, premium payment options, duration of investment, and flexibility of the ULIP policy. Before you look for a ULIP to buy, it is important to understand the
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