Most of the times, when individuals talk about tax saving or investments, they usually look at Unit Linked Insurance Plan (ULIPs) and Mutual Funds (ELSS). No doubt both these methods of investment are most popular, but there are other avenues that investors tend to ignore. These alternate investment options have their own benefits and should [...]
Entries Tagged as 'ULIP'
Public Provident Fund (PPF) for investment and tax saving
June 18th, 2010 No Comments
Tags: elss · tax benefit · ULIP
Should I surrender my ULIP policy?
June 10th, 2010 No Comments
I have heard a lot from people that they want to surrender their ULIP policy. How do you decide if you should surrender your policy or not? Here is list of reasons because of which you could be considering surrendering the policy.
1) My policy is not giving good returns.
Generally insurance policies have high premium allocation [...]
Tags: insurance · NAV · surrender charges · ULIP · unit linked insurance plan
Bajaj Allianz Shield Plus - Why not to invest
May 17th, 2010 No Comments
Bajaj Allianz Shield Plus is a single premium fixed-term unit linked plan. Let us see, point by point, what your insurance agent will tell you and what he won’t.
This plan claims to give up to 100% allocation on the premium paid
What your agent wont tell you is 100% allocation is only applicable if you pay [...]
Tags: Bajaj Allianz · insurance · single premium plan · tax benefit · ULIP
ICICI Pru Ace - the best ULIP plan to invest in
April 15th, 2010 2 Comments
If you are planning to invest in ULIP, at this date ICICI Prudential Ace seems to be the best plan to invest in. You will not see a lot of advertisements of this plan. I guess this would be because this plan will not need a lot of marketing.
Salient features of the scheme:
100% premium allocation [...]
Tags: ICICI · insurance · ULIP · unit linked insurance plan