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Product of Month
ICICI Prudential presents ICICI Pru iProtect; a term plan that can be bought online easily and instantly. Buying term plan is now affordable and quicker without any medicals* or documents* required for non-medical cases.
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ULIP or Unit linked insurance plans offer life insurance solutions with the risk protection in form of insurance cover and investment flexibility in terms of units. Units contain the pure investment part of the insurance which is based on value of underlying assets as mentioned in ULIP plan. Add tax benefits and it becomes easy to understand their popularity in India.

Many insurance companies offer ULIPs and each company offers many different schemes. It has become increasingly complicated and PolicyBazaar.com aims to help you navigate through the various options, evaluate and compare different ULIPs and buy the best suited one.

You can choose a ULIP according to how fund money is invested. ULIPs are available in form of diversified equity funds, balanced funds, debt funds etc. ULIPs offer flexibility since premiums can be either one time lump sum or periodic like annual, biannual, monthly etc. If you have surplus funds you can increase the premium amount you pay and vice versa.

In a ULIP plan one should look at the total life insurance cover provided, the premium for risk cover and all other charges applicable. The balance amount after deducting the premiums and charges is the amount invested in the fund. It is important to remember that investment risk remains with the policyholder.

Use PolicyBazaar.com to compare the premiums, charges and fund investments offered by different ULIPs. Buy your ULIP here conveniently and transparently and make the right investment choice.