| |OCTOBER 20218Life insurance plans are one of the most reliable ways to ensure your family lives a secure and comfortable life even after you're no longer there with them. A life insurance plan gives you the assurance that your family will be able to follow their desired lifestyle, and financial constraints will never come in the way of their dreams. But that's not all. Life insurance is also one of the best investment plans out there, giving you the option to secure your own dreams as well while you work towards securing the future of your family. So, here we talk about a few best life insurance plans that also act as excellent investment plans.ULIP or Unit Linked Insurance PlanUnit Linked Insurance Plans, also known as ULIPs, are one of the best life insurance plans available today, and these also act as great investment plans. This is because they allow you to potentially gain profits while also enjoying the security of a life cover. If you take a ULIP plan, a specific part of your premium is assigned to your life insurance cover, and the remaining amount is put in a common pool. This money is then invested in equity, debt, or both. The profit made by you and UNDERSTANDING LIFE INSURANCE AS AN INVESTMENT MECHANISMBy CEO Insights TeamINFOCUS
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