Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals. Know more

Kotak e-Term

Protect your family's financial future. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and life cover. Know more

Kotak e-Invest

Insurance and Investment in one plan. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more

Close

Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Is This The Right Time To Invest In ULIP? Why or Why Not?

ULIPs are based on markets, therefore, the timing of buying and switching your ULIP fund is very important. Know the right time to invest in ULIPs.

  • Apr 29, 2022
  • 4,274 Views

ULIPs are one of the most popular financial products and many people have been investing in this due to ITS many advantages. The need to profit from high returns and tax advantages is intrinsically tied to the requirement to invest in financial products. The ULIP plans benefits are many, ranging from ULIP plan returns to the taxability of ULIP, and so on. Despite the fact that these characteristics alone do not ensure the best performing ULIPs, many other factors are at play, that makes ULIPs a good investment. So, if you’re wondering why you should invest in ULIP now, we’ve got you covered with a few answers to that question right here in this article.

What Is ULIP Plan In Insurance?

A Unit Linked Insurance Plan, or ULIP, is a financial product that integrates investment with life insurance cover. The remaining half of the money is invested in a systematic manner with a percentage going to life insurance. Like mutual funds, this transaction is made up of a variety of qualified investments, including stocks, bonds, debt, and equities. The effectiveness of the fund you pick has an impact on your investing outcomes.

Invest In A ULIP Policy Now

Why should you invest in ULIP now? Well, Unit Linked Insurance Plans are designed to help you withstand volatility in the market, so you may invest in them or switch your funds depending on when the markets are soaring or crashing. The sooner you begin, the better, since you will be able to take advantage of ULIP plan returns owing to the compounding potential. Compounding is the process of continually reinvesting your earnings in order to expand your wealth and is a part of ULIP plan benefits. You will be in a good situation to reap the rewards if you invest over a longer period of time.

  • When you have a stable income, it makes for an excellent time to invest in ULIPs and work towards your financial objectives. You may also change your premium distribution on a yearly basis, so you don’t have to invest the very same amount every year. You can also pick from a range of funds with varied equity holdings based on your risk level. Under Section 80C of the Income Tax Act of 1961, the taxability of ULIP premiums is also exempted.
  • Every individual must have a clear understanding of their financial objectives. It aids in the better planning of your assets. It’s best to invest in ULIPs when you have a clear picture of your financial objectives early on in life since it provides dual benefits of investment and insurance.

Since ULIPs long term investments, you should start as early as possible and continue investing for the best performing ULIP. Since ULIPs have a five-year lock-in term, they motivate you to be more focused and disciplined in your investing approach as well.

Whether you want to build a substantial asset portfolio or expand your wealth, ULIP does an incredible job of killing two birds with one stone. It enables you to live a comfortable life with your significant other, develop a financial cushion for your children’s bright future, and have an emergency fund over time.

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

Kotak e-Invest

Download Brochure

Features

  • Return of Mortality Charges*$
  • Enhanced Protection
  • Multiple Plan Options
  • Zero Premium Allocation Charges
  • Tax Savings^

Ref. No. KLI/22-23/E-BB/521

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

ULIPs Investment – A Boon or Bane?

Can NRIs Invest in ULIP Plans Offered in India?

What are Index Funds, and How Do They Work?

Do You Know the Difference Between Savings and Investment?

Difference Between Passive and Active Investing

How Can a Legal Nominee Claim ULIP Benefits are the Policyholder’s Death?

How ULIPs can help you achieve your financial goals

ULIP NAV - Everything You Need to Know

Best Investment Options in India in 2022

How to Increase Net Worth Along with Family Protection

What's Better for Your Child's Education? Child Plans or Mutual Funds?

What Is Financial Planning?

8 Important Tips to Maximize Gains with ULIP Investments

What is ULIP Plan, and How Does it Work?

Are Money Back Policies Helpful? A Complete Guide

What is SIP Calculator, and How it Works?

What are ULIPs and their Types?

How Can ULIPs Help You Plan for Your Child's Future?

Building wealth through regular investing

ULIP As An Investment Option For Senior Citizens

What is Equity Mutual Funds: Meaning, Types & Benefits

How Do One-Time Investment Plans Work?

Why are ULIPs One of the Best Tax Saving Instruments?

4 Rules To Keep In Mind To Secure Your Child’s Future Financially

ULIP Plans Riders You Should Know About

यूलिप और उनके प्रकार क्या हैं?

उच्च रिटर्न प्राप्त करने के लिए सर्वश्रेष्ठ इन्वेस्टमेंट विकल्प

What Is Social Impact Investing and How Does It Benefit Society?

6 Important Tips to Maximize Your Gains with ULIP Investments

Know Why You Should Stay Invested in Your ULIP Plan

Develop an investing plan

What are the Best Investment Options for Beginners or Amateur Investors in India?

ULIP Investment Strategy: Top Tips to Improve Your ULIP Gains

ULIP Capital Gain Tax: Check Tax Norms for Capital Gain on ULIPs

What is Fund Switch in ULIP? And ULIP Fund Switching Techniques

Creating a second source of income with life insurance

Difference Between Guaranteed Savings Plan and ULIP

What are Financial Assets & their types?

Why ULIP is Better Investment for Long-Term Wealth Creation?

How To Invest Money In ULIP?

Learn About Safe Investments with High Returns in India

Corporate Bonds: Meaning, Types & Benefits

Understanding ULIP Risks: What are the Odds of Losing all my Money and Projected Returns?

ULIP Plan or Traditional Insurance Plans - Which is better?

ULIP Frequently Asked Questions (FAQ) - Kotak Life

Planning for Your Child's Higher Education? Explore These Investment Options

Here's Whether You Should Link ULIP Plan with your Term Insurance

What is the Time Value of Money (TVM)?

ULIP Benefits You Can Avail from Early Investing

Four Financial Lessons from The Vedas on Living Life to The Fullest

Long Term Savings Plan - Best Savings Investment Plans in India

Will You Need to Withdraw or Surrender Money From ULIP

Customising investments to manage your wealth

यूलिप प्लान में परिपक्वता लाभ क्या हैं: फंड वैल्यू सम एश्योर्ड या ओनली फंड वैल्यू?

Can ULIP Policy be Transferred?

How to Save Money from Salary?

Planning For Children's Future

Difference Between ULIP and Endowment Plan?

ULIP Withdrawal Conditions - Before and After 5 years

How to Use Recurring Investment Strategies to Build Wealth?

What are the Best Investment Options for Young Adults?

Difference Between Linked and Non-Linked Insurance Plans

How Increasing Your SIP Every Year Helps You Reach Your Financial Goal Sooner?

What are the Maturity Benefits in a ULIP Plan: Fund Value Sum Assured or Only Fund Value?

ULIP policy: What happens when you stop paying ULIP policy premium during lock-in period

यूनिट लिंक्ड इंश्योरेंस प्लान में लॉयल्टी एडिशन कैसे काम करते हैं

The lesser-known facts about ULIP policy that customers should be aware of?

Are Gains from ULIP Sale Taxable?

यूलिप में 8 शुल्क जो आपको अवश्य जानना चाहिए

What is a Savings Plan and What are is Benefits?

All you need to know about claiming maturity proceeds from Ulip

Which are the Best ULIP Plans in India for Children?

Why Do You Need A ULIP Plan - All You Need To Know

What is Money Management? Definition & Example

Receiving regular payouts at various stages of life

5 Reasons to Have a Child Education Plan

Why Should I Invest in ULIP?

What are Some of the Safest Investment Options in India?

Investment Options for NRIs in India

Beginner's Guide to Wealth Creation: Meaning, Strategies, & Importance

Is ULIP a Complex Financial Product?

Is ULIP A Good Investment Option?

FAQs on Taxation of ULIPs

Will AI be Your Future Financial Adviser? What Role Will Humans Play?

How has ULIP Grown Over the Last 3 years?

What are the things to consider before buying ULIPs?

How To Track ULIP Performance?

Rate of Interest on Different Investment Plans in India

What is the Estimated Return Percentage on ULIP? Do Investors Get Compound Interest?

Learn About Safe Investments with High Returns in India

Asset Allocations in ULIP - Know the Top Benefits

Why is Portfolio Diversification Important? How to Diversify Your Portfolio?

Different Types of ULIP Investments in India

Best Investment Plans For You To Invest In 2023

Can You Have ULIP Plan and Health Insurance Plan Both?

Best Investment Options to Cover Your Child's Education

Here's are the uses of ULIP your must be aware of

Safe Investment Options with High Returns for FY 2018-19

How to Cancel ULIP Policy?

How to Set Financial Goals for Your Future

Why ULIP Should Be a Part of Your Investment Portfolio?

Why Should You Build an Emergency Fund?

How to Plan your Investment to Achieve Periodic Financial Goals?

5 Reasons to Buy ULIPS for a Financially Secured Future

How Can ELSS Funds Help You Save Tax & Create Wealth?

Planning For Son or Daughter's Wedding

What are the Best Investment Options For Females?

Early Investing and the Power of Compounding

Top 5 Investment Options in 2022 for Healthy Returns

What are the Advantages and Disadvantages of ULIP?

Benefits of ULIP as a Child Insurance Plan

Top ULIP Myths That You Must Stop Believing In

What are the Best Short-Term Investment Plans with High Returns?

What Is a Credit Score? Definition, Factors, and Ways to Raise It

Successful Financial Planning for Urban Women

What Happens If I Stop Paying My ULIP Policy Premium After Paying the First Premium? Will I Still Get The Return?

How to Plan Your Child's Education - A Step-by-Step Guide

How to Create Short-Term and Long-Term Wealth with ULIPs - Kotak Life

Is Life Insurance Investment Worthy Enough

How to Calculate Your ULIP Returns?

What is a Bond Fund and How It Works?

What is ULIP Renewal?

How Is ULIP Different from Other Life Insurance Plans? Where Can I Invest - ELSS, ULIP, or PPF?

How to Apply for Death Claim Benefits in ULIPs - Kotak Life

How Much Wealth Can You Create from ULIP in 10 years?

How to Manage Your Portfolio Like a Professional?

Importance of Portfolio Management

Know How to Invest at Every Age for Larger Returns

How to Fix the 9 Most Common Financial Problems Your Family is Facing

ULIP vs FD - Which is Better and Why?

What is Lock-In Period in ULIPs?

What are the Minimum and Maximum Investments in ULIP?

How to Build a Strong Financial Foundation For the Future?

ULIP Tax Benefits: यहां निवेश करने पर मिलते हैं 5 बड़े फायदे

What is Mutual Funds? | How Mutual Funds Work, Definition

Is the surrender value of ULIP taxable?

How Can ULIP Plan be as an Investment for Your Child

वित्तीय संपत्तियां और उनके प्रकार

यूलिप के फायदे और नुकसान क्या हैं?

All you need to know about Fund Switching in ULIPs

Can ULIP Help in Achieving Short-Term Financial Goals?

Investments Options to Buy a house in India

Here's Why it's a Good Time to Explore ULIPs as an Investment

How to Start Saving Money in 10 Simple Ways?

Unit-Linked Life Insurance (ULIPs) vs. Term Insurance

How to Choose the Best ULIP Plans to Invest in 2022?

What is Compound Interest, And How Do I Calculate it?

Are Investment Returns Guaranteed in a ULIP?

What is NAV in ULIP, and How is it calculated?

Single Premium ULIP or a PPF - Which One is Better?

यूलिप के फायदे (Benefits of ULIP in Hindi)

उच्च रिटर्न प्राप्त करने के लिए सर्वश्रेष्ठ इन्वेस्टमेंट विकल्प

Here's Myths on Investments in ULIP Plans

What are Fixed Maturity Plans and Why Should I Invest in Them?

What are the Best Investment Options for Students in India?

Top 10 Investment Strategies to Create Wealth

Do ULIPs Give Good Returns On Investments?

ULIP Plan as a Gift

What is Partial Withdrawal in ULIPs?

What are loyalty additions, and how do they work in a ULIP?

5 Reasons Why ULIP Plans are One of The Best Retirement Planning Instruments

What is a Child Money Back Plan, and How Does it Work?

How to Make Your Financial Portfolio?

How Much Wealth Can You Create From ULIP in 10 years?

What is Premium Redirection in ULIPs Plans | ULIP Insurance Plans | Kotak Life Insurance

How to Manage Inheritance Money?

Top 11 Investment Plans Available in India

What is Savings and the Importance of Saving Money

What is Direct Investment and its Types?

Top 5 Principles That Need to be Followed for Wealth Creation

Best Investment Plans for Children - Secure Your Child's Future

Which is a Better Investment - Mutual Funds Or ULIP?

Which is Better – FD, Mutual Fund, SIP, or ULIP?

Balancing Investment Between Risk and Return on Investments

Got a Salary Hike? Here’s How to Plan your investment further

What is ULIP and Its Benefits?

ULIP Vs Life Insurance Plan Know the Difference

Can You Invest in Both Term Insurance and ULIP?

Endowment Plan vs Fixed Deposit?

5 Best Long Term Investments To Add To Your Portfolio in 2023

Tax-Deferred Savings Plan: Overview, Benefits, Works

ULIP Investment Benefits You Must Know

Best One-Time Investment Plans in India

Factors Affecting Share Prices In The Stock Market

Why Are ULIPs Called Flexible Investments?

First Job? Here are Some Tips on How to Manage Finances

How and when should you exit from bad-performing ULIP?

Does Rupee Cost Averaging Work In Unit-Linked Insurance Plans?

How Safe is it to Invest in ULIP plans?

Can I Surrender My ULIP Policy after 2 Years?

What is Fund Value in ULIP?

ULIPs: Suitable for all

8 Charges in ULIP That You Must Know

Planning Financial Goals and Objectives of Financial Planning

How is the Compound Annual Growth Rate (CAGR) Calculated in ULIP?

Savings Plan for Grandchildren

Why Should You Invest in NPS?