Life Insurance

What is ULIP?

ULIP as the name suggests is a unit link insurance plan. It is a flexible instrument which allows a consumer to combine the desired objectives of life insurance perhaps health rider and investment in one single convenient instrument.

Because of the nature of the instrument all the elements can be transparent and actually can be dealt with separately.

Video
Why are ULIPs necessary?
Advice on Life Insurance and ULIP

ULIPs = Long-term protection cum savings products

Harsh Roongta , CEO

Traditional Plans or ULIPs - Which is a smarter choice?

V Viswanand

Is my insurance cover adequate?

Lovaii Navlakhi , Managing Director and Chief Financial Planner

Check out: Tax treatment of ULIPs

Arnav Pandya , Expert

Decoding life insurance: Which is the best option?

PV Subramanyam , Financial Trainer

ULIPs offered in the market
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Tax Calculator
This calculator helps you to calculate the tax you owe on your taxable income after considering all eligible tax deductions under section 80C.
Tax Slabs
Income tax slab (in Rs.)
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2,00,001 to 5,00,000
10%
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20%
Above 10,00,000
30%
Education Cess 2%
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Tax Deductions

Section 80CCC

Payment of premium for annunity plan of LIC or any other insurer Deduction is available upto a maximum of Rs.10,000/-

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Chat Transcripts
12 Jan - 03:00 hrs
Know how you can Save Tax u/s 80D
Vikas Mehra, VP - Secretarial & Taxation, ICICI Lombard General Insurance Co. Ltd.
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Income Tax tips for investors
Umesh Rathi, CFPcm Principal Financial Planner, ARIHANT capital markets

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