Monday, September 15, 2008

Yearly mode and monthly mode of ULIP premium payment

Which is better?. Yearly Mode or Monthly or Quarterly or BiAnnual?.
Answer is it depends on the situation.
In the current market condition scenario, monthly premium payment option works better. Some ULIPs also offer systematic trasfer plan or automatic transfer plans in which you can allocate your funds in the Debt kind of funds and move it to equity every month little by little and all this happens automatically.
Isn't it wonderful tool.

1 comment:

Anonymous said...

It is interesting. Tell to me, please - where I can find more information on this question?