Get the dual benefit of life cover and market-linked returns. Build wealth systematically while securing your family's future — all under a single tax-efficient policy.
*Market-linked; returns not guaranteed. Illustrative only.
ULIPs combine life insurance and market investments in a single, tax-efficient product with complete flexibility.
Life insurance protection combined with equity/debt investment — your family stays covered while your wealth grows.
Premiums up to ₹1.5 lakh per year qualify for deduction under Section 80C, reducing your taxable income.
Maturity proceeds are completely tax-free under Section 10(10D), subject to conditions — a huge advantage over MF returns.
Switch between equity, debt, and balanced funds four times a year at zero charge — adapt to market conditions anytime.
Access your accumulated fund value after the 5-year lock-in for emergencies without surrendering the policy.
Choose from equity, balanced, bond, or liquid funds based on your risk appetite — with full visibility into NAV and charges.
In their peak earning years with long investment horizon — ideal for building wealth through market cycles.
Looking for a single product that handles both life protection and long-term investment goals.
ULIPs reward patience. A minimum 10-year horizon helps ride out volatility and maximise tax-free corpus.
Wanting tax benefits both at entry (80C) and exit (10(10D)) — one of the most tax-efficient products available.
Both approaches have merit. ULIP is better if you want simplicity, tax-free maturity under 10(10D), and disciplined long-term savings in one product. Term + MF gives more flexibility and potentially higher returns if you're disciplined — but ULIP's tax-free exit (for premiums up to 2.5L/year) is a strong advantage for high earners. Our advisors can model both for your specific situation.
ULIPs have a mandatory 5-year lock-in period. You cannot surrender or partially withdraw before 5 years. After 5 years, partial withdrawals are allowed tax-free. Most financial advisors recommend staying invested for at least 10 years to maximise returns and offset initial charges.
ULIPs offer dual tax benefits: (1) Premiums up to ₹1.5 lakh per year qualify for deduction under Section 80C. (2) Maturity proceeds are tax-free under Section 10(10D), provided the annual premium does not exceed ₹2.5 lakh for policies issued after Feb 2021. This makes ULIPs one of the most tax-efficient investment products in India.
ULIPs have several charges: Premium Allocation Charge (upfront, typically 1–5% in early years), Fund Management Charge (0.5–1.35% per year on fund value), Mortality Charge (for life cover, increases with age), Policy Administration Charge, and Switching Charges (4 free switches per year, then nominal fee). IRDAI has capped total charges, making newer ULIPs far more competitive than older ones.
Yes. Most ULIPs allow 4 free fund switches per policy year. You can move your corpus between equity, balanced, debt, or liquid fund options based on your risk assessment or market view. Additional switches may attract a nominal charge (typically ₹100–250 per switch). This feature allows you to dynamically manage your asset allocation without tax implications.
Our advisors will compare ULIP with term+MF for your income, goals, and tax bracket — completely free.