Srinagar, Jan. 29 -- There are multiple wealth creation options that you can check out these days. However, what if you desire a mix of investments and financial safety for your family through insurance? This is where ULIP plans come into the mix. They are excellent choices for growing your money while keeping your family safe with handsome coverage simultaneously. This dual benefit makes ULIPs extremely attractive options for your portfolio.

What are the Long-Term ULIP Benefits?

ULIP plans can help you grow your wealth over the long haul due to two primary reasons. The first one is what we know as compounding. In this case, it is an excellent phenomenon where your investment starts generating returns, and then the se returns are reinve...