Unit Linked Insurance Plan (ULIP)
• Unit Linked Insurance Plan (ULIP)
• In India investments in ULIP are covered under Section 80C of IT Act.
• ULIP came into play in the 1960s.
• Unit Linked Insurance Plan (ULIP) provides for life insurance
• According to the value of the underlying assets at the time (ULIP)
provides for life insurance where the policy value at any time varies
• It provides for the benefits of protection and flexibility in investment.
• The investment is called as units and is represented by the value that it has attained called as
Net Asset Value (NAV).

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