Unit-Linked Insurance Plan (ULIP)

(C) Axis Bank Ltd.

 What’s a
• A Unit-Linked Insurance Plan or a ULIP is a hybrid type of plan offered
by insurance companies that gives you the benefit of both Insurance ULIP and
as well as Investments.
How does it
• In a ULIP, a part of the premium that you pay is allocated towards
insurance and the remaining is utilized for investment in funds work?
available within the plan.

• In this way, ULIP gives you both insurance cover as well as returns on
investment through a singular medium.

• Max Life Fast Track Plan by Axis Bank is a good example of a ULIP
where you get to select from six funds and shorter payment terms for
quicker accumulation of returns through investment along with the
insurance cover.

(C) Axis Bank Ltd.

 Types of
Funds
under ULIP

(C) Axis Bank Ltd.

Risk Return
Graph

(C) Axis Bank Ltd.

 Special
Features of
ULIPs

(C) Axis Bank Ltd.

When selecting a ULIP, understand all the charges involved like fund
management fee, premium allocation fee, surrender charges, ULIP –
administration and service charges.
Charges

(C) Axis Bank Ltd.

 THANK YOU

Visit www.itsallaboutmoney.com to Know More.

(C) Axis Bank Ltd.