Quote Originally Posted by shivkumar View Post
Pension ULIPs and Child ULIPs are Type I or Type II?
Pension ULIP
In Pension ULIP, the benefits are not paid as a lump sum the end of ULIP term. But the plan pay small amounts post set retirement age.
Children’s ULIP
This ULIP is intended for child future need e.g. education, marriage and other finance requirements.