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Abhishek
02-09-2009, 08:26 AM
Please tell me what is ULIP?

PolicyWala
02-09-2009, 08:34 AM
ULIP is Unit Linked Insurance Plan.

LastWarrior
11-09-2009, 08:50 AM
Please tell me what is ULIP?
Unit Linked Insurance Plan - is a financial product that offers you life insurance as well as an investment like a mutual fund. Part of the premium you pay goes towards the sum assured (amount you get in a life insurance policy) and the balance will be invested in whichever investments you desire - equity, fixed-return or a mixture of both.
source - wikipedia.org