ULIP Insurance
Market-Linked Returns
with Built-in Life Cover
ULIPs combine wealth creation with life protection. Invest in equity or debt funds while staying insured — all in one plan with significant tax benefits.
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Fund Options
Equity, Debt & Balanced funds
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Lock-in Period
5 years minimum
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Tax Benefit
Section 80C + 10(10D)
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Best For
15+ year investment horizon
ULIP Benefits
Why consider a ULIP
in your portfolio
Dual Benefit
One plan serves two purposes — market-linked wealth creation for your goals + life insurance protection for your family.
Fund Switching
Switch between equity and debt funds based on market conditions — free switches allowed every year.
Partial Withdrawal
After the 5-year lock-in, you can make partial withdrawals for emergencies without surrendering the policy.
Tax Efficiency
Premium deduction under 80C and tax-free maturity under 10(10D) makes ULIPs very tax efficient for the right investor.
Transparent Charges
IRDAI has capped ULIP charges significantly since 2010. Modern ULIPs are much more cost-efficient than older ones.
Top Insurers
Compare plans from HDFC Life Click2Wealth, ICICI Pru Signature, Bajaj Allianz Future Gain, and more.
What is a ULIP?
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A Unit Linked Insurance Plan (ULIP) is a product that combines life insurance with market-linked investment. Your premium is split — part goes toward life cover and part is invested in equity, debt, or balanced funds of your choice.
What are the charges in a ULIP?
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ULIPs have several charges: premium allocation charge, fund management charge (0.5–1.35%), mortality charge (cost of life cover), and policy administration charge. These have been capped by IRDAI to be more investor-friendly.
What is the lock-in period for ULIP?
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ULIPs have a mandatory 5-year lock-in period. You cannot withdraw before 5 years. This actually encourages long-term investing which is where ULIPs perform best (10–15+ year horizon).
Are ULIP returns guaranteed?
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No. ULIP returns are market-linked and not guaranteed. In equity funds, returns can be 10–15% CAGR over long periods, but can be negative in short term. Debt fund options offer more stability.
What are the tax benefits of ULIP?
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Premiums up to ₹2.5 lakhs annually qualify for Section 80C deduction. Maturity proceeds are tax-free under Section 10(10D) if annual premium does not exceed ₹2.5 lakhs.
Is a ULIP right for you?
Our advisors give honest, unbiased guidance — including telling you when a ULIP is NOT the right choice for your goals.