FAQs

Life Insurance

23 Jan 2003

fjrigjwwe9r3SDFAQs:FAQCont
fiogf49gjkf0d

The Unit Trust of India (UTI) operates a Unit-Linked Insurance Plan (ULIP) in collaboration with LIC and the General Insurance Corporation (GIC) of India.

ULIP is a contractual savings-cum-insurance plan that offers the following features:

  • High returns
  • Maturity bonus
  • Life insurance cover
  • Free accident cover
  • Safety of capital
  • Tax rebate

It is open to any resident of India who is above 18 years of age. Individuals less than 55 years and 6 months of age can join the plan for 10 years and those less than 50 years and 6 months for 15 years contributing 1/10th and 1/15th of the target amount every year, respectively.

Subscribe to Our Newsletters

Stay Updated on the latest news

Go

All Rights Reserved © 2024 www.bindubhattt.com