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Here are the Answers for 10 Commonly Asked Questions for ULIP Plan

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When you want to financially secure your loved one’s financial planning is essential. A good financial plan will involve insurance as well as investment in a single product. Unit link insurance plan ULIP plan is ideal for those who need protection and wealth creation on long term basis.

However, selecting the best ULIP plan may not be an easy task. Several questions arise in the buyer’s mind while investing. These plans offer triple benefits to the buyer such as investment insurance under tax deductions. Now let us understand some of the common questions with answers to them regarding the ULIP plans.

Common questions answered

How are the ulip plans providing insurance as well as investment in a single plan?

When policy holder pays the premium a small portion of it goes to the life cover. Rest of the funds get invested in the market which generate the returns and help to create wealth. These investments are prepared through several underlying funds which are offered by these plans.

What are the different kinds of funds ulip investments?

ULIP policy generally invest in a vast array of funds which have varying risk factors. This includes equity, balance, and debt etc. This depends entirely on the person’s risk appetite and the exposure level they choose for the funds.

Provide details about various fees and charges ulip are associated with ulip?

There are some charges associated with ULIP plans such as:

  1. Premium allocation

Before distributing the coverage, the insurer charges a portion of the first-year premium. These are the costs incurred by the insurance company when the policy is first issued. Fees such as underwriting costs, medical bills, agency commissions, and so on are included. After subtracting these fees, the remaining funds are invested in the fund of choice.

  1. Mortality

These charges get levied to provide the life insurance cover.

  1. Fund management

The charges which are imposed to manage different kinds of funds in the ulip policy. These charges get deducted before the calculation of NAV.

  1. Surrender Charge

There is a charge which gets levied if the insured person surrenders the ULIP plan prematurely.

  1. Policy administration

This can be considered as the total administration expenses regarding one’s policy.

  1. Switching

The charges arise when the person wants to switch to another fund provider.

What is the lock in period of a ULIP policy?

Before you can plan your investment in the policy, you must understand what is ULIP lock-in period. ULIP plans have a compulsory lock in period for 5 years.

Can a person make partial withdrawal from their ulip?

Ulip plans do offer a partial withdrawal facility. However, the charges on the withdrawals may differ depending on the policy terms and conditions.

What are the benefits of maturity in ulip?

Ulip offer both death benefit as well as maturity benefits. If the insured person dies during the term of the policy nominee receives the sum assured. Once the policy gets matured policyholder receives the sum or the fund value whichever is higher.

When a person is nearing the goal can they reduce equity exposure?

Yes, one gets an option to switch equity into a debt fund ulip plans offer. Moreover, one can always make a switch when they are not comfortable with the current plan. There are some ulip which can offer switching with a minimal switching charge.

Can ulip plans guarantee a return?

All the ulip are linked to the market. So, there is no guarantee. But when a person remains the investment for a long term such as 10 to 15 years, they can reap the returns from the investment plan along with the compounding that comes in the picture.

What happens if a person wants to surrender the plan within the lock in period of 5 years?

When person wants to surrender the ulip plan they not only miss the life insurance but also the wealth created. One must always know that these policies come with a 15-day period where they can choose to terminate it without any loss.

Should a person also pay LTCG tax for the ulip benefits?

All the ulip plans do not require LTCG are they are also life insurance products.

Selecting a right plan is crucial to secure the future financially as they also provide tax benefits in the present. Hence, compare different policies available to get the best set of benefits.



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RM vs FEN Live Score Dream11 Prediction Lineup Scorecard Results Euro League Real Madrid vs Fenerbahce

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Here is a marvellous match that will serve you the next level match where you will see extreme thrill. As per the details, this is Euro League which going to serve an extreme level match. The match will be played between RM and FEN. As per the details, the match is scheduled to be played on October 22, 2021, at 12:30 AM IST.

RM vs FEN Live Score

Here is the complete information about the match even you will know how you can watch the match live stream. As per the details, you will know about the match prediction, probable lineup and live score as well.

Match: RM vs FEN, Euro League
League: Euro League
Date: Friday, 22nd October, 2021
Time: 12:30 AM
Venue: WiZink Center, Madrid

In recent matches, we have noticed that the teams have played some extraordinary games. Both the teams have entertained the audience through their marvelous performance in the match. The team RM has played several games and they have won many games from it. While on the other side the team FEN also played some matches.

They are maintaining such brilliant momentum throughout the league. Most probably they will maintain the momentum in upcoming matches also. This is a very interesting match you can enjoy with your family and loved ones. If you are looking for a match that can give you thriller gameplay so this is a match. Which can fill your requirement of a thriller basketball match. To know the further details stay here.

Real Madrid: Thomas David Heurtel, Alberto Abalde Diaz, Adam Hanga, Guerschon Yabusele, Walter Samuel Tavares

Fenerbahce: Pierria Henry, Marial Shayok, Devin Booker II, T Biberovic, Jan Vesely

As we supposing you are curious to know the details about match-winner. So here we want to tell you that you will see FEN winning the upcoming square off with a great score also. They have the potential to defeat the team RM and they will do according to our prediction.

If you are excited and want to watch the match then you can watch it on the regular streaming platform because there are many things going around and you can get the live score also. We will provide you the live score of this match.



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PSV vs MON Dream11 Prediction Live Score Lineup Scorecard Europa League PSV Eindhoven vs AS Monaco

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Here is a fabulous match that is ready to entertain you beyond your expectations. If you are a football lover then you will love this upcoming match which will make you excited for the remaining games also. This is the Europa league which going to serve you the best gameplay through this match. In this upcoming match, you will see that there are two warrior teams that are ready to clash on the ground.

PSV vs MON

These teams are PSV and MON. The football match will be played at 12:30 AM on October 22, 2021. Let’s explore many more details like match prediction, probable lineups and live score as well.

Match: PSV vs MON
League: Europa League 2021
Date: October 22, 2021
Time: 12:30 AM
Venue: Philips Stadion, Eindhoven

In the recent matches, we have noticed that the gameplay of the teams was extremely well and if they continue the same gameplay then we all going to see an extraordinary match that we are willing to see for a period of time. There is most of the chance that you will see a thriller match and we are predicting this. The team PSV has played several matches.

They have won some matches also which was needed for the time. While if we talk about the team MON then we want to tell you briefly that we want to tell you that they also played well and won many matches against various teams. We expect that they will maintain some momentum in the upcoming days also.

PSV Eindhoven:

1.Yvon Mvogo, 2.Olivier Boscagli, 3.Andre Ramalho, 4.Philipp Max, 5.Phillipp Mwene, 6.Mario Gotze, 7.Marco Van Ginkel, 8.Noni Madueke, 9.Ibrahim Sangare, 10.Cody Gakpo, 11.Eran Zahavi

AS Monaco:

1.Alexander Nubel, 2.Benoit Badiashile, 3.Axel Disasi, 4.Djibril Sidibe, 5.Caio Henrique, 6.Aurelien Tchouameni, 7.Youssouf Fofana, 8.Sofiane Diop, 9.Jean Lucas, 10.Krepin Diatta, 11.Myron Boadu

Now moving towards the most important detail which is the prediction of the winner. So here we want to tell you that the match will be won by PSV. It is the most predicted team that can win this upcoming face-off with an exciting performance. You can watch the match online on the regular streaming platform.

Even you can watch the match on screen. If you wants to get only live score update then you can bookmark the page because in few moments you will get al the related update here. Stay connected with us.



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WHU vs GEN Live Score Dream11 Prediction Lineup Europa League West Ham United vs KRC Genk

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Once again here is a marvelous match that will entertain you beyond your expectations. You will see that the players of this team will serve the highest level of gameplay in the match. This Europa league and ready to bring an extremely thriller match today on the ground.

WHU vs GEN Live Score

The match will be played between WHU vs GEN. The match will be starting on October 22, 2021. The timing is 12:30 AM. So you can watch the match on the screen. If you want to know about the key points related to match prediction, probable lineups and live score as well.

WHU vs GEN Live Score

Match: WHU vs GEN
League: Europa League
Date: 22 October 2021
Time: at 12:30 AM.
Venue: London Stadium

In the recent performances, we have noticed some unusual games where teams have played such marvelous gameplay. As per the details, they have won several games including 2-3 winning in the matches. If we talk about the team then we want to tell you that the team WHU has performed very well and better than the team GEN. You will see the extraordinary performance in the upcoming match also.

We are sure that they will maintain good momentum in the upcoming match. You will see mind-blowing gameplay in the upcoming match. These two warrior teams are ready to give you extreme level gameplay in the upcoming days. They will maintain a brilliant level of performance in the upcoming days. Currently, WHU is standing in the middle of the points table while GEN is below the rank of WHU.

West Ham United Lineup:

Alphonse Areola, Ben Johnson, Craig Dawson, Issa Diop, Arthur Masuaku, Declan Rice, Manuel Lanzini, Andriy Yarmolenko, Nikola Vlasic, Pablo Fornals, Michail Antonio

KRC Genk Lineup:

Maarten Vandevoordt, Angelo Preciado, Carlos Cuesta, Jhon Lucumi, Gerardo Arteaga, Bastien Toma, Bryan Heynen, Carel Eiting, Junya Ito, Paul Onuachu, Mike Tresor Ndayishimiye

Moving towards the winner prediction then we want to tell you that the match will be won by WHU. They will win the match as we are predicting. There are many people who want that the team WHU will win this match. We selected this team in the prediction because they have better performance than GEN. You can watch the match on your screen.

Even you can watch it online on the regular streaming platform. Definitely, you will get the live status of the match. If you want to get live score then you can find it here. You just need to bookmark the website.



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