ULIPs and mutual fund are similar type of investments but not same. As we know mutual funds are more into investments; whereas ULIPs are into investments as well as insurance. When we look into the basic concept the difference between the two is very small, and mainly consists of product structure and risk coverage. . . . → Read More: ULIP vs. Mutual fund
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Jeevan Nischay is a single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Jeevan Nischay is a close ended plan wherein a person can take policy on his/ her own life by paying single premium. . . . → Read More: Jeevan Nischay ULIP terms revised. After 30th June 2010 all ULIP Plans will have following features: All ULIP will have compulsory Life Insurance. That means there will be no ULIP without Risk. . . . → Read More: Unit Linked Insurance Plan Revised LIC’s Wealth Plus is a ULIP insurance plan that protects your investment from market fluctuations, so that your investments are protected in financially volatile times. Wealth Plus offers Guarantee of the highest NAV in the first 7 years of the policy, subject to a minimum of Rs.10. . . . → Read More: LIC Wealth Plus LIC’s Profit Plus (Plan No.188) is a Unit Linked Endowment Insurance Plan. Profit Plus (ULIP) is designed for common man to enhance their savings and financial protection to their family. Four types of investment Funds are offered in Profit Plus. The Policyholder has the option to choose any ONE out of the following 4 funds. Bond, Secured, Balanced and Growth. . . . → Read More: Profit Plus LIC Jeevan Tarang is a whole Life Money Back Plan for you or your children. It gives you survival benefit of 5.5% of the sum assured GUARANTEED for LIFETIME This unique policy is a perfect financial planning tool for you or your child. Your child stays financially protected for life. you pay premium for only a short period – onetime or, 6,10,15 or 20 years. And guess what !! the policy then keeps paying you EVERY YEAR for your LIFETIME apart from Bonus at the end of period plus covers life for the lifetime! LIC’s life time money back policy A Deferred Annuity Plan. For Example: If you go for Rs.10 lakh Sum assured policy then you would receive Rs.10 Lakh on maturity + Bonus + Rs.55000/- per year till you or your child is survive. That how unique this plan is. . . . → Read More: LIC Jeevan Tarang is a whole Life Money Back Plan 
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