IndiaInsurance
17th October 2019, 04:26 PM
The sum assured is a minimum guaranteed amount that your Ulips gives your nominee in case of your death. The payout in case of death during the policy term is tax-exempt even in cases where the sum assured is less than 10 times of the premium paid.
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/should-you-opt-for-ulip-with-minimum-sum-assured/articleshow/71591589.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/should-you-opt-for-ulip-with-minimum-sum-assured/articleshow/71591589.cms)