Friday, November 28, 2008

Unit linked insurance plans (ULIPs) in India

In a ULIP, part of the monthly premium is used to provide insurance cover for the person and the remaining amount is invested in the stock market. If a person is wealthy or has no dependents, insurance cover may not be required.

freemaninforms.blogspot.com/2007/10/unit-linked-insurance-plans-ulips-in_23.html