News From Press Smart Unit-Linked Insurance Plans: Opt for premium, investment flexibility for higher returns

Smart Unit-Linked Insurance Plans: Opt for premium, investment flexibility for higher returns

Source: Financial Express Apr 1, 2024

Unit-linked insurance plans (Ulips) that offer premium flexibility and dynamic investment options are gaining popularity with risk-tolerant investors. Known as smart Ulips, there are no premium allocation and policy administration charges which are deducted from the insured’s premium, making them more cost-effective.Smart Ulips provide customers with the flexibility to choose their asset allocation between equity and debt, depending on their risk appetite.

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