Wealth Creation Plan

Wealth Creation Plans give the customer the dual benefit of protection along with the potentially higher returns of market-linked instruments. The most important benefit of ULIPs is the flexibility they give the customer in choosing the premium amount and also choosing the underlying fund in which this money is to be invested. Wealth creation plans also offer the customer more liquidity options as compared to traditional plans. As such, ULIPs are ideal for customers who want the protection of a life cover to be allied to the returns of market linked instrument - giving them an unmatched combination of benefits.

ULIPs give the customer chances of earning returns by market linked instruments. In the ULIPs a certain part of the premium is deducted as the charges. The remaining premium is invested in a fund which is turn will invest in the stock markets and bonds. The value of the investment alerts the customers of the underlying funds as per the choice of the customer. The ICICI Prudential ULIP has brought different investment plans and the Wealth Creation Plan is one of them. The pension specified traditional plans are available for the customers with retirement plans or solutions.

The Wealth Creation Plans give the customer the benefit of protection along with the higher returns of market linked instruments. The most significant benefit of the ULIPs are the flexibility provided to the customer to choose the premium amount and also choosing the fund in which the money is to be invested.

It also offers the customers more liquidity options than those of the traditional plans. thus the ULIPs are perfect for those who require the protection of life cover to be associated to the market linked instrument giving them a benefit from those.