What does ULIP mean? What is the full form of ULIP?

The Full Form of ULIP is‍ Unit Linked Insurance Plan.

UnitLinked Insurance Plan is essentially a combination of insurance and an investment vehicle. 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.

ULIP

means

Unit Linked Insurance Planhow to pronounce Unit Linked Insurance Plan

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What does ULIP mean? What is the full form of ULIP?
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