Unit-linked insurance plans (ULIPs)
A ULIP invests part of your premium in funds of your choice and uses part for life cover. Returns depend on the market. There is a five-year lock-in, and charges vary between plans.
Long-term investors comfortable with market risk
People who want insurance and investment in one plan
What is covered
Life cover during the policy term
Investment in equity, debt or balanced funds
Option to switch between funds
What is not covered
Guaranteed returns — values can go down
Withdrawals during the five-year lock-in
Covers and exclusions vary by insurer and plan; the policy wording applies.
Making a claim
How a claim works with Kreeva
01
Inform us
The nominee calls or messages us with the policy details.
02
Claim form
We help complete the insurer’s claim form.
03
Documents
Death certificate, ID and bank details, plus others the insurer asks for.
04
Payment
We follow up until the insurer pays the nominee.
ULIPs — questions
Are ULIP returns guaranteed?
No. The fund value moves with the market. Past returns do not predict future returns.
Not sure which plan fits? Ask an advisor.
Free consultation. No obligation to buy.