There is no commitment to update or correct any information that appears on the Internet or on this Website. Find out here. Recently I got a marketing call for selling a unique product that provides life cover, investment, and tax benefit. One ABC ID can be created by you on. There is a caveat. Moreover, nowadays, some ULIPs also allow Sum Assured alteration feature which allow you to increase or even decrease your chosen Sum Assured. Unlike the other insurance policy programs, this insurance plan gives investors both insurance and investment under a single integrated plan. There is no warranty or representation that a user in one region may obtain the facilities of this website in another region. Our Financial Advisor will contact you soon. For Expert Advice on the Right Money Solutions, leave your details below.. Aditya Birla Capital (‘the Brand’) is the single brand for financial services business of Aditya Birla Group. You understand and acknowledge that Aditya Birla Money Limited (‘. Nifty Media and Nifty IT indices were top gainers, rising 1.96 per cent and 1.41 per cent, respectively. Certain information on Website may be on the basis of our own appraisal of the applicable facts, law and regulations in force at the date hereof. The remaining portion gets invested into funds of the policyholder's choice. Buy ULIP plans online and fast track your wealth creation journey. Although all efforts are made to ensure that information and content provided as part of this Website is correct at the time of inclusion on the Website, however there is no guarantee to the accuracy of the Information. If you revoke your consent to receive communications electronically, the Facilities Provider shall have the right to terminate the facilities. providing life cover. Insurance plans can be distinctly divided into ULIP (Unit Linked Insurance Plans) and traditional plans. To revive a lapsed ULIP plan, insurance companies generally give a window of at least 2 years. You agree, in the event of any dispute arising in relation to these Terms and Conditions or any dispute arising in relation to the Website whether in contract or tort or otherwise, to submit to the jurisdiction of the courts located at Mumbai, India for the resolution of all such disputes. The information is dependent on various assumptions, individual preferences and other factors and thus, results or analyses cannot be construed to be entirely accurate and may not be suitable for all categories of users. A ULIP or a Unit Linked Insurance Plan is a financial instrument that provides risk cover as well as investment options for the policyholder. References to any such names, marks, products or facilities of third parties or hypertext links to third party sites or information does not imply the Website’s endorsement, sponsorship or recommendation of the third party, information, product or facilities. You are free to choose the execution facilities in the manner deemed fit and proper and no commission will be paid by ABSLMF to ABML / ABFL if you choose to execute a transaction with ABSLMF on the Website, unless otherwise agreed by you and ABML/ABFL separately. By understanding the key features and benefits of a life insurance policy, you can make an informed decision. Other than those otherwise indicated and agreed by You, this Website do not collect or store or share your Personal Information. There are several public and private sector insurance providers that either operate solo or have partnered with foreign insurance companies to sell unit linked insurance plans in India. Your continued use of the facilities on this Website constitutes acceptance of the changes and an Agreement to be bound by Terms of Use, as amended. ABCL, ABC Companies, and its directors, employees, associates, or other representatives shall not be liable for any damages or injury, arising out of or in connection with the use, or non-use including non-availability of the Website and also for any consequential loss or any damages caused because of non-performance of the system due to a computer virus, system failure, corruption of data, delay in operation or transmission, communication line failure, or any other reason whatsoever. All investments in any product / fund / securities etc. Therefore, the search results displayed by the Planner cannot be construed to be entirely accurate / comprehensive. The Acceptance of Terms of Use will be between You and Aditya Birla Financial Shared Services Limited (hereinafter referred as “Facilities Provider”) which is facilitating provision of the services, other than those which are otherwise specifically provided by each of the ABC Companies on their respective web pages / sites to you. ULIP: Unit Linked Insurance Plan A ULIP plan – unit-linked insurance plan is a plan that combines two plans, a comprehensive insurance plan as well as an investment plan. Upon any change, the updated Terms of Use will be updated on the Website or any other means. The Facilities Provider, ABC Companies or any of its third party service providers and processor bank/merchants etc. [4] The notable ones include policy administration charges, premium allocation charges, fund switching charges, mortality charges, and a policy surrender or withdrawal charge. The trade logo “Aditya Birla Capital” and the URL www.adityabirlacapital.com is owned by Aditya Birla Management Corporation Private Limited (trade mark owner) and the same is used herein under the License by Aditya Birla Capital Limited (ABCL) and its subsidiary companies (collectively hereinafter referred to as “ABC Companies”). The first ULIP was launched by Unit Trust of India (UTI). ABCL and ABC Companies are engaged in a broad spectrum of activities in the financial services sectors. Whenever consent has been obtained/provided by you in any mode under these Terms and Conditions, for availing information/services related to ABC Companies, You agree and authorize the Facilities Provider to share/transfer/transmit your personal information with its ABC Companies and other third parties, in so far as required for offering of facilities through this Website and for analytical / marketing purposes /report generations and/or to offer connected facilities on the Website and may also include transfer/sharing/transmitting  of sensitive personal data or information only if it is deemed necessary for the performance of facilities and to provide you with various value added and ancillary facilities/services and information, to aid you in managing your money needs in the manner agreed under these Terms and Conditions and the privacy policy. If you use this Website from outside the India, you are entirely responsible for compliance with all applicable local laws. For more details, please also refer to the Legal Disclaimers provided on the Website. You will be subject to the rules, guidelines, policies, terms, and conditions applicable to any facilities that are provided by this Website and all associated web pages/ sites and they shall be deemed to be incorporated into these Terms of Use and shall be considered as part and parcel of these Terms of Use. You can review the most current version of the Terms of Use at any time, by clicking the Terms & Conditions link on the Website. You agree and understand that use of MoneyForLife Planner does not assure attainment of your investment objectives and there is no assurance that the money objectives will be achieved, as the same is subject to performance of the securities, the forces affecting the securities market and your risk profile. You may consult your local advisors for information regarding the products, programs and services that may be available to you. The information provided may therefore vary (significantly) from information obtained from other sources or other market participants. Neither ABCL and ABC Companies, nor their officers, employees or agents shall be liable for any loss, damage or expense arising out of any access to, use of, or reliance upon, this Website or the information, or any website linked to this Website. Some ULIPs play it safe by allocating a larger portion of the invested capital in debt instruments while others purely invest in equity. Any information provided or sourced from ABCL Affiliate belongs to them. No reproduction of any part of the Website may be sold or distributed for commercial gain nor shall it be modified or incorporated in any other work, publication or web site, whether in hard copy or electronic format, including postings to any other web site; (c) remove any copyright, trade mark or other intellectual property notices contained in the original material from any material copied or printed off from the web site; link to this Website; without our express written consent. In … ULIP – Unit Linked Insurance Plan is a combination of investment cum insurance. Term Insurance Without Medical Check Up in India, Investors who want to keep an eye on their funds. The guy started with a sales pitch that product is like a fixed deposit and it comes with additional insurance benefit. How will they impact these enterprises? 5-year lock-in-period – The best part about ULIP is that it comes with a lock-in period of 5 years. You also agree and authorize ABC Companies / its third-party service providers to contact you at the contact information provided for service related communication relating to your product or facilities offered even if your number is in National Do Not Call Registry. Unless otherwise stated, any such correspondence, advertisement, purchase or promotion, including the delivery of and the payment for goods and/or facilities, and any other term, condition, warranty or representation associated with such correspondence, purchase or promotion, is solely between you and the applicable ABC Companies and/or third parties. A review on Edelweiss Tokio Life Wealth Ultima Plan Unit Linked Insurance Plans or ULIPs have always been the first preference of retail investors with low risk appetite. The NAV is the value upon which net rates of return on ULIPs are determined. Once you have created ONE ID you can link and view all your financial products held with ABC Companies on single web page through verification / authentication procedure as applicable to your account/financial products held with the respective ABC Companies. The returns on these plans depend on the market and the funds you have opted to invest in. Not an Investment Advisor, Planner, Broker or Tax Advisor. You understand and acknowledge that Aditya Birla Money Limited (‘ABML’), Aditya Birla Finance Limited (‘ABFL’) and Aditya Birla Sun Life Asset Management Company Limited and trustees and sponsor of Aditya Birla Sun Life Mutual Fund (‘ABSLMF’) are group companies and ABML / ABFL also acts as a distributor of ABSLMF. Please read these Terms and Conditions (“Terms of Use”) carefully. You agree that in such cases, we will respond in any way that, in our sole discretion, as deemed appropriate. In circumstances like duplicate email id/phone number you may not be able to create the One ID. life insurance is a risk minimization and protection tool that can help insured and their dependents in multiple ways while dealing with a variety of life events. In terms of the information Technology Act, 2000 (as amended from time to time), this document is an electronic record. These Terms of Use and any notices or other communications regarding the Facilities may be provided to you electronically, and you agree to receive communications from the Website in electronic form. You are responsible for maintaining the confidentiality of your password and Account, and you shall not allow anyone else to use your password at any time. The Unit Linked Insurance Plan (ULIP) are the market-linked products that offer the best investments schemes and programs provided by an Insurance Companies. • Investment-linked plans, like other types of investments, involve exposure to investment risk. Therefore, for any of these Purposes, the Website will use ABC Companies their authorized third party vendors, agents, contractors, consultants or facilities providers (individually a ‘Third Party Service Provider’ and collectively, the “Third Party Service Providers”) and to that extent you understand and authorize the Facilities Provider to share/transmit such information to Third Party Service Providers. The Website reserves the right to withdraw, discontinue, modify, extend and suspend the Promotional Offer(s) and the terms governing it, at its sole discretion. The Planner provides an indicative view about the generic investment opportunities available in the manner indicated by you. The main features and benefits of the plan include: Invest in Bond Fund and Equity Funds. Unit Linked Insurance Plans (ULIPs) are a category of goal-based financial solutions that offer dual benefits of protection and Investment. We may suspend the operation of this Website for support or maintenance work, in order to update the content or for any other reason. Partial withdrawal is allowed. This Agreement describes the terms governing the usage of the facilities provided to you on the Website. You agree to protect and fully compensate Facilities Provider, ABCL, ABC Companies, subsidiaries, licensors, suppliers and facilities providers, employees, officers and directors, from any and all third party claims, liability, damages, expenses and costs (including but not limited to reasonable attorneys fees) caused by or arising from your use of the facilities, your violation of the Terms of Use or your infringement, or infringement by any other user of your account, of any intellectual property or other right of anyone. The major advantage that a ULIP has over the traditional wealth creation tools is the benefit of a Life Cover. Want to invest with zero or minimum risk and still earn high returns? However there is no conflict on these services and commissions if any payable are in accordance of the extant regulations. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions. How Has Life Expectancy of An Average Person Changed Over Years? immediately of any unauthorized use or access of your password or Account, or any other breach of security. You may receive e-mails /communications/notifications from the Third Party Services Providers regarding facilities updates, information/promotional e-mails/SMS and/or update on new product announcements/services in such mode as permitted under law. Nothing contained herein is to be construed as a recommendation to use any product, process, equipment or formulation, in conflict with any patent, or otherwise and Facilities Provider / ABCL/ABC Companies makes no representation or warranty, express or implied that, the use thereof will not infringe any patent, or otherwise. You agree to receive e-mails/SMS/phone calls and such other mode as permitted under law from the Facilities Provider or ABC Companies or its third-party service providers regarding the facilities updates, information/promotional offer and/or new product announcements and such other related information. Upon any change, the updated Terms of Use will be updated on the Website or any other means. A portion of the premium paid by the policyholder is utilized to provide insurance coverage to the policyholder and the remaining portion is invested in equity and debt instruments. This videos describes the benefits of Unit Linked Insurance plan (ULIPS). www.adityabirlacapital.com (“the Website”) is maintained and run by Aditya Birla Financial Shared Services Limited (having its registered office at 18th Floor, One India bulls Centre, Tower 1, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road, Mumbai- 400013). 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