How ULIPs Can Be Used For Retirement Planning
A unit-linked insurance policy (ULIP) combines the benefits of insurance and mutual funds, i.e., protection and savings. Therefore, the plan offers financial security against eventualities while also allowing you to accumulate wealth for your post-retirement years during which income flow reduces or stops. What are ULIPs? Wondering what a unit-linked insurance plan is? A ULIP…
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