Insurance unit overview
2:21
Khan AcademySal Khan
Insurance unit overview
Sal Khan explains why understanding insurance is a key part of financial literacy. This unit helps students grasp the concept of risk, how insurance works to manage it, and the importance of knowing terms like premiums and deductibles. Covering health, life, and other types of insurance, it prepares students to make informed decisions—and ...
7 months ago
Unit-linked insurance plan Explained
Key Features Plan Type: Unit-Linked, Non-Participating, Single Premium, Individual Life Insurance Savings Plan . Premium Payment: Requires a one-time lump sum premium payment. Dual Benefit: Offers both life insurance cover throughout the policy term and market-linked investment opportunities to help build wealth. Fund Options: Policyholders can choose to invest their premium in one of four types of investment funds based on their risk appetite: Bond, Secured, Balanced, and Growth funds. Flexibil
1:00
Key Features Plan Type: Unit-Linked, Non-Participating, Single Premium, Individual Life Insurance Savings Plan . Premium Payment: Requires a one-time lump sum premium payment. Dual Benefit: Offers both life insurance cover throughout the policy term and market-linked investment opportunities to help build wealth. Fund Options: Policyholders can choose to invest their premium in one of four types of investment funds based on their risk appetite: Bond, Secured, Balanced, and Growth funds. Flexibil
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A ULIP (Unit Linked Insurance Plan) is a financial product that offers life insurance along with investment in market-linked funds. It provides dual benefits of protection and potential returns, with a mandatory five-year lock-in period. Investors also get tax benefits under Section 80C, but careful fund selection is essential to avoid potential losses. Watch full video: https://www.youtube.com/watch?v=Cw_D5HMBG7c #ULIP #UnitLinkedInsurancePlan #SmartInvesting #LifeInsurance #Section80C | DDNews
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