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Top 3 ULIPs In India

Published On Sep 19, 2021 10:00 AM By InsuranceDekho

A unit-linked insurance plan's premium is used to grow wealth and provide life insurance. A considerable portion of the premium is spent for plan expenses in the first few years of the plan. After that, the premium is split into two parts: investment and insurance. Units are granted in exchange for the amount invested in a fund of your choice, which can be debt, equity, or a mix of the two. The performance of the original fund is used to determine the unit allocation. Because of the deduction of large expenses in the first two to three plan years, the fund's value would remain low. Furthermore, the mortality charges will be deducted on a monthly basis. It is the amount guaranteed for providing a life insurance policy to a person, and it varies depending on the fund value you choose. Amounts referred to as fund administration charges will be deducted for the upkeep of these funds.

Top 3 ULIPs In India

Below are Top 3 ULIP plans in India:

1. HDFC Life ProGrowth Plus Plan

The HDFC Life Click 2 Wealth Plan is a unit-linked insurance product (ULIP) that delivers market-linked earnings to the life assured and acts as an insurance policy for the policyholder and their families. It's a non-participating insurance plan, which means there are no bonuses, dividends, or other benefits for the policyholder. This is because, under this structure, the assurer does not simply participate in the insurance company's activities.

2. Edelweiss Tokio Wealth Plus Plan

Edelweiss Tokio Wealth Plus is definitely a new age plan, offering clients an outstanding chance to invest while also securing their future, thanks to its advantages and functions. When you contribute, the corporation joins you by contributing more funds to your investment. If you maintain interest for the next 20 years, the company has invested 1% of your premium in your assets for the very first five years, then 3% from the sixth to the tenth year, then 5% from the eleventh to the fifteenth year, and finally 7% from the sixteenth to the twenty-first year.

3. ICICI Prudential Smart Kid Regular Premium Plan

Only one type of child insurance plan is available from ICICI Prudential Life Insurance Company, and it comes with a long-range of features and benefits. If a parent dies during the policy's term, the insurance company pays the candidate the Sum Assured to support urgent financial needs, and the assurer waives and pays future premiums to ensure that the Maturity Benefit is paid when it is due. There are now two Maturity Benefit options to choose from. Option 1 entails paying the Sum Assured in three installments, seven, five, and two years before Maturity, respectively, and the balance on Maturity. Option 2 pays the Sum Assured over the last 5 years of the policy in installments.


The ULIP, like any other investment, will require your undivided attention and, of course, a piece of your hard-earned money in the form of premiums. As a result, it's critical to make the appropriate decision when looking back isn't an option. Receiving the highest potential profits for any investment objective is the most crucial factor to consider. ULIPs can be a good fit for investors with any risk profile and at any stage of their lives.

Also read - ULIP Myths You Should Ignore

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