LIC Unit plans Insurance Plans

LIC Unit plans Insurance Plans

Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don't have consistent income.

Unit Linked Insurance Plan (ULIP) is a life insurance policy which provides a combination of risk cover and investment. The dynamics of the capital market have a direct bearing on the performance of the ULIPs.

In a Unit Linked Policy, the investment risk is generally borne by the investor. Investment returns from ULIP may not be guaranteed.

These LIC plans and policies are used as investment plan for those who really understand the importance of hard earned money. These plans help an individual for shaping their future and yield rich outputs and immensely help out in saving the taxes if the policy holder doesn’t even have any fixed income. LIC unit plans are investment plans for those who realize the worth of hard-earned money.

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