The good and bad of investing in a unit-linked insurance plan

IndiaFirst Life Insurance Co. Ltd has launched a new unit-linked insurance plan (Ulip) called the Wealth Maximizer Plan. Ulip is a market-linked insurance plan that offers insurance and invests your money in the markets. “This is our fourth Ulip and this plan is specifically meant for HNIs (high net-worth individuals). The unique feature of this plan is that it offers a lot of flexibility in investment as well as structuring the investment benefits,” said Rushabh Gandhi, director, sales and marketing, IndiaFirst Life.

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