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What is a ULIP?

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What is a ULIP?

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ULIP is an abbreviation for Unit Linked Insurance Policy. A ULIP is a life insurance policy which provides a combination of risk cover and investment. The dynamics of the capital market have a direct bearing on the performance of the ULIPs. REMEMBER THAT IN A UNIT LINKED POLICY; THE INVESTMENT RISK IS GENERALLY BORNE BY THE INVESTOR.

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