January 23, 2021 09:33 (IST)
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Youth need to take inspiration from young Indian cricket team’s recent victory: PM Modi | Jammu and Kashmir: Pakistan troops violate ceasefire near LoC in Kupwara | West Bengal: Actor Saurav Das joins Trinamool Congress | Rebel Trinamool Congress leader Rajib Banerjee resigns as Bengal Minister | Assam: Speedy bus mow down school student, angry mob damage vehicle

Key Things to Know While Investing in ULIP Plan

A ULIP plan, or a Unit Linked Insurance Plan, is a newer way for investors to diversify their portfolios today. In a ULIP, investors get to link insurance plans in a structure that acts similar to a mutual fund.

Benefits of Investing in ULIP Plans at Early Age

‘An early bird catches the worm’ is an old yet relevant saying for ULIP investment plan 2019. In actual sense, it means the early an individual starts something, the more advantages he/she gets and when we consider this phrase for investment plans, it proves to be true as well. The earlier you start investing, the more time you give to your invested money to grow. Therefore, the early you start investing for your life goals, the more benefits you will achieve from your investment.

Why Provident Funds may not be sufficient for Retirement?

Gene Perret, the famous comedy writer, once written about retirement, “it’s nice to get out of the rat race, but you have to get along with less cheese.” Almost everyone looks forward to that time when they can live a worry-free life, away from the hustle and bustle of office life. On one hand, retirement gives ample time to enjoy the rest of the life; it also compels you to think: How to finance your needs?