Unit linked product vs traditional product of life insurance

Answers:1   |   LastUpdateAt:2012-04-26 20:29:41  

Question
Wanda
Asked at 2012-03-21 22:20:35
Unit linked product vs traditional life insurance product
Answer1OmaAnswered at 2012-04-26 20:29:41

unit-linked products ( ULIP ) are actually a mix of mutual funds (MF ) and Life Insurance . It is good if you want to reduce the hassle of keeping track of both in your portfolio, but remember to bring financial institutions that charge more fees ULIPs made ​​, especially in the early years of the investment, than they do in the products individual insurance and MFS . So if you can save some time for your investment , it is best to buy the good age of insurance products. And continue to invest in MFs to obtain maximum benefits .

Related Questions
1
  • Answer This Question:Unit linked product vs traditional product of life insurance