20 October 2019

Good Things Come To Those Who Wait

Nirmala Konjengbam
There are various investment options out there including traditional fixed deposit and provident fund schemes. For me, I always believe that insurance is the safest option for investment. And even amongst them, according to me Unit Linked Insurance Plan (ULIP) is the best when it comes to investment as it offers a wide range of cover. I wanted to have a plan that provides me the valuable life cover along with helping me to grow my money and ULIPs is the option that provides me the dual benefits at once.  Besides these, ULIP helps in saving income tax as it is eligible for tax deduction under Section 80C along with a better chance of getting high returns in the long term. Investing in ULIP will help me to achieve my financial goals in the long term. Investing in ULIP for 10 years has also allowed me to develop a habit of investment. Before making any expenditure I keep aside the...
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