How safe is it to invest in a ULIP?

In this policy, the investment risks in the investment portfolio is borne by the policyholder.

Every good financial plan includes life coverage and investment options. A Unit-Linked Insurance Plan (ULIP) provides life coverage to safeguard your family’s financial future while helping you invest to meet your future financial goals. When you purchase a ULIP, you can distribute the investment amount across various debt, equity and mixed funds, which earn returns based on market performance. However, market-linked returns could expose you to risk. If you’re looking for a safe investment option, consider enjoying the benefits of a ULIP while keeping your capital safe with the HDFC Life Smart Protect Plan.

You can build long-term wealth with this policy while enjoying a high sum assured and a capital guarantee. Let’s better understand how this ULIP helps you achieve your future financial goals.

Long-Term Wealth Creation

ULIPs come with a five-year lock-in period. They help build financial discipline and inculcate a habit of saving and investing for the future. Since you cannot withdraw funds for five years, the policy builds wealth over time.

Capital Guarantee Option

The HDFC Life Smart Protect Plan offers two capital guarantee plan options. You will get a minimum assured benefit at maturity if you select one of the capital guarantee plan options.

Flexible Investment Options

When you invest in the HDFC Life Smart Protect Plan, you can choose between four plan options and five funds. The policy offers unlimited free switching, allowing you to make the most of dynamic market conditions.

High Sum Assured

The HDFC Life Smart Protect Plan offers life coverage up to 100 times the premium. The sum assured also depends on your age, premium payments and policy tenure. However, you can select an amount that protects your family’s future if anything happens to you.

Highly Customisable

You can choose up to three riders to customise your ULIP and enhance your protection.

Although ULIPs offer market-linked returns and come with risks, you can safely invest by selecting the HDFC Life Smart Protect Plan and choosing a capital guarantee plan option. Apart from investing for your future goals, the plan safeguards your family’s financial future making this ULIP a safe investment.
 

Related Articles

• Types and Benefits Ulip Plans - Here's What You Need to Know
• 6 Tips to Maximize your Gains from ULIP
• Benefits of Buying Online ULIP over Offline ULIP - Explained

ARN: ED/06/23/2882