ULIP Tax Benefits: Why ULIPs Are More Than Just Investment Plans

A Unit Linked Insurance Plan—aka ULIP—is like your financial Swiss army knife. It’s one part life insurance, one part investment. In simpler terms, it protects your family and helps you grow your money over time. But here’s the kicker: ULIPs also come packed with some seriously useful ulip tax benefits that a lot of people don’t even know about.