Top 10 ULIP Plans In India
Published On Jun 09, 2021 4:00 PM By InsuranceDekho
Table of Contents
An ULIP is an Unit Linked Insurance Plan which serves the benefit of both an investment plan and a life insurance under a single policy. It provides life cover while providing benefits of the stock market, debt instruments or both. ULIPs are the most efficient when your premium is allocated in the investment for a long period of time. There are various aspects and features of ULIP which help you to save for the long term, the savings can be for education or marriage of your child, for retirement, and so on.
List of Top 10 ULIP Plans In India
There are various ULIP plans available in Indian Insurance market. Choosing the best plan usually depends upon the unique requirements in terms of risk appetite of each individual, future goals and needs. The list of the best ULIP plans is shown in the table below-
|
ULIP Plan Name |
Entry Age |
Minimum Premium |
Premium Allocation Charges |
Policy Administration Charges |
Free Switches (Annual) |
|
HDFC Life Click 2 Wealth Plan |
30 days to 60 years |
For regular pay – INR 1,000- INR 12,000 For single pay INR 24,000 |
- |
- |
Unlimited |
|
MetLife Smart Platinum Plan |
7 years to 70 years |
INR 30,000 to INR 60,000 |
Up to a maximum of 1.25% per annum |
Maximum of up to INR 40 per month |
4 |
|
Max Life Fast Track Super Plan |
18 years to 50 years |
INR 25,000 to INR 1,00,000 |
2% for single premium policies 4% for regular annual premium policies |
INR 1,500 per year |
12 |
|
SBI Life – Smart Wealth Assure Plan |
8 years to 65 years |
INR 50,000 |
3% of single premium |
INR 45 per month |
2 |
|
Bajaj Allianz Future Gain Plan |
1 year to 60 years |
INR 3,000 to INR 36,000 |
0% to 1.5% |
INR 33.33 per month |
Unlimited |
|
ICICI Pru Wealth Builder II Plan |
0 years to 69 years |
INR 24,000 to INR 48,000 |
3% to 4% |
INR 500 per month |
NA |
|
Aegon Life iMaximize Plan |
7 years to 55 years |
INR 24,000 to INR 36,000 |
- |
INR 100 per month |
4 |
|
Tata AIA Life Invest Assure II Plan |
4 years to 55 years |
INR 75,000 to INR 1,20,000 |
5% of the annual premium |
0.25% of the annual premium |
12 |
|
HDFC Life Pro Growth Plus Plan |
14 years to 65 years |
INR 2,500 to INR 10,000 |
2.5% of the annual premium |
Maximum of INR 500 per month |
unlimited |
|
LIC Market Plus- I Plan |
18 years to 65 years |
INR 5,000 to INR 30,000 |
0.033% |
Maximum of INR 60 per month |
4 |
