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When it comes to planning your financial future, you might have come across two popular choices: Unit Linked Insurance Plans (ULIPs) and Mutual Funds. Both of these options offer ways to invest money, but they differ in structure, costs, flexibility, and even the type of benefits they provide. In this blogpost, we will see what …
In recent years, concerns over the mis-selling of financial products have intensified, with Unit-Linked Insurance Plans (ULIPs) emerging as a prime example of this phenomenon. Financial institutions, particularly banks, have been known to market ULIPs in ways that often mislead customers regarding their true benefits and suitability. The practice of mis-selling—selling a product that does …
Many investors regularly review their investment portfolios, but unfortunately, insurance portfolios often get overlooked. It’s important to review your insurance coverage to ensure your family is financially protected at all stages of life. Here’s a comprehensive guide to understanding how and when to adjust your term life cover based on life events and financial milestones. …