A Unit Linked Insurance Plan (ULIP) are life insurance products that offer both life insurance coverage and investment opportunities. They provide an individual with the dual benefit of coverage against death or disability and long-term wealth creation. The premiums the policyholder pays are invested in asset classes such as equity, debt, and money market instruments to generate returns over time. The choice between a single premium ULIP and a regular premium ULIP depends on several factors, such as your age, income level, financial goals, and risk profile. Benefits of a Single Premium ULIP A single premium Unit Linked Insurance Plan offers several benefits to policyholders. These include: ● Convenience and Flexibility A single premium ULIP allows you to pay the entire premium fo
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