- Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.
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------------------------------------------- GROWTH is the LIFE -----------------------------------------------
NOTE:(For systematic investments in ULIPs)
*Market setbacks at the earlier stages of a policy will not significantly affect the yield to maturity.
*But any reversal in the last few years before maturity can reduce it considerably.
### Flash..Flash....
* It is the time to invest in Wealth Plus , Profit Plus and Health Protection Plus Plans.
* Now NAV is availaable at very nearer to the face value for above plans.
Profit Plus (T-188):
*It is a unit linked Endowment plan where the premium payment term (PPT) is limited to single lump sum, or uniformly over 3, 4 or 5 years.
*You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Limited premium contract, term chosen and on the level of premium you agree to pay.
Features of Profit Plus (T-188):
* It is a unit linked Endowment plan where the premium payment term (PPT) is limited to single lump sum, or uniformly over 3, 4 or 5 years.
* You can choose the level of cover within the limits, which will depend on whether the policy is a Single premium or Limited premium contract, term chosen and on the level of premium you agree to pay.
* Four types of investment Funds are offered.
* Premiums paid after allocation charge will purchase units of the Fund type chosen.
*The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV).
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