Top Five Investments

After privatisation of Life Insurance companies, many companies has come up with unit linked insurance policies. Lets look at some of the advantages and disadvantages of Unit Linked and Traditional insurance policy.

Cash Value or Return

In case of traditional policies, insurance company declare bonus every year. Once bonus is declared, it becomes vested or guaranteed. Although, customer do not get this bonus immediately, but insurance company keep it with the policy fund and this amount does not change with economic conditions.