Sunday, August 18, 2013
Unit link plans
Now a days getting a life insurance is a must both protection and savings. Life insurance can be use as protection at the same time offer investment it acts as a savings. With the introduction of unit link plans or ulp owning a insurance is not that expensive. With ulp clients have direct controls on there policy. They have the freedom to choose were to allocate there funds depending on there risk tolerance. The returns are not guranteed depending on the performance of fund. With ULP your savings can be invested to different basket of stocks, to bonds and other investment instruments. Unit link plans offer protection and investment in one it gives you a minimum coverage for your protection and it has account values that acts as your investment and have term payments and has a holiday premium features,loyalty bonus to name a few and whats more is you can add to your investment for a minimal top up of 1000php. One can start for as low as 20000php per annum. The coverage varies depending on the product you choose there atr unit link plans that offer greater protection at a minimal cost while there are unit link plans that have protection but more on investments. You can use your earning on your investment to plan your trip, for educational fund,buy your dream house or for your retirement. Now is the time get one.
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