5 Benefits of investment units related programs

5 Benefits of investment units related programs

Unit-linked investment plans or ULIPs have become a very popular investment in life insurance policies. This is because the unit-linked plans to provide risk protection and investment opportunities in the stock / bond market, the perfect combination. This proved to be very beneficial to consumers.

Unit-linked plans are considered to get the best return on investment and security as well as one of the best ways. You pay a premium for this plan to invest in two parts. One of the premium part of the life insurance protection and keeping aside a certain percentage of the amount of the premium is invested in the stock market growth. Policy to purchase units of market share and growth equity capital invested by the investors has also increased, and provides a good return.

Other benefit plans are as follows -

High growth potential, better returns -

You pay a premium to the scheme stock market strategic investment by industry experts. This way, you get good returns, market growth. This is a faster means more investment, and applies the security at the same time in comparison to any other investment program. You can also use the program and unit-linked life and maturity benefits.

Different plans -

Unit-linked plans, there are many programs that help you build a corpus to achieve your financial goals. Some plans include a children's insurance plans, retirement plans, according to these plans, you need a certain amount of annual premiums paid, the due amount of lump sum or periodic to you.

Liquidity -

Unexpected financial emergencies that can put you in the repair. In ULIP investment gives you the freedom, when you need them most use of your funds. You can partial withdrawal from the fund. However, the device, from product to product, some people may allow withdrawals after five years, although some may take longer.

Premium payment flexibility -

Life insurance is one of its main USP makes it possible for you to create a corpus, the most affordable way. Similarly ULIPs provide you with affordable premium structure, coupled with the flexibility to pay a premium. You can pay premiums monthly, half-yearly or annually.

Tax benefits -

These days, many investors together with other benefit plans can provide tax benefits. Unit-linked plans to provide you with this benefit. Under section 80C and 10 (10D) "Income Tax Law", 1961, can apply for tax exemption.