Choose the right plan

When buying an insurance and investment plan, make sure that it’s aligned to your goals. This is the key that unlocks many doors and allows you to achieve all your dreams. For instance, you can opt for a medium term plan to fund your child’s education. The choice of your plan depends purely on your financial goals.

Know your risk appetite

The underlying risks attached to ULIPs are similar to those of mutual funds or direct investments in equities/fixed income securities. This makes it important for you to ascertain the risks while investing in ULIPs. While ULIPs offer you the flexibility to switch between aggressive, balanced and conservative stances in equities, you need to know your appetite for risk to choose wisely and to know when to switch. Since this investment risk of the portfolio is borne entirely by you, you need to actively monitor it to make the most of it.

Study the fund performance

When buying a ULIP plan, you should look at the past performance of the company. At IndiaFirst, we strive to generate consistent returns and outperform the benchmarks. This can be seen in the details of our fund performance online for your easy access.  Click here for more information.

Understanding the policy

Every ULIP comes with a benefit illustration at 8% and 4%, which discloses the charges and the status of your investment on an annual basis. The returns are indicative and actual returns will vary basis fund performance and market fluctuations.