A Unit Linked Insurance Plan (ULIP) is a life insurance product that offers cover in the case of death of the insured along with an option to invest in qualified investments like stocks, bonds or mutual funds. The premium you pay for a ULIP gets divided into two parts, where one part is invested in a fund and the other is directed towards life cover. Depending on the funds you chose, the investments you make are subject to capital markets risk.
Advantages of ULIP plans
Categorisation of ULIPs
Based on your requirements, different categories of ULIPs have been created to suit your needs. The differences between these categories can be measured as the percentage of the premium allocated for investment in different funds.
Plans for Building Wealth
Plans for Child Education
Plans for Medical Benefits
Plans for Retirement or Savings
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TransAsia Composite Insurance Broking an insurance broker since 1994.
Registered Address: D- 310, Kanakia Zillion, LBS Marg, BKC Annexe, Mumbai - 400070
CIN : U65990MH1994PLC082324
IRDA Broker License No. 151
Valid from 22/04/2015 to 21/04/2018
Principal officer: Pradeep Karyakarte (Contact: +91 22 30212735)