A term insurance policy is a pure protection plan that provides life coverage for the policy's duration in exchange for a premium to be paid every year.
For a long time now, a ULIP or unit linked insurance plan has been recognized as a wise investment option. ULIP investment gives you coverage like life insurance plans and creates an avenue for you to invest and build a corpus simultaneously.
It's impossible putting a price tag on our lives. While you're irreplaceble, a life insurance ensures that your loved ones are financially secured.