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Capital guarantee plans are a combination of Ulips and guaranteed income plans: Should you invest?
Apart from the low returns, the usual charges on the Ulip are a further dampener.
Synopsis
Both Ulips and guaranteed income plans have their uses and limitations. Thus, insurers have come up with a solution of combining Ulips with guaranteed income plans—leading to the birth of capital guarantee plans. But are these the right fit for you?
Investors today are worried about safety of capital but also don’t want to miss out on the market uptick. Insurers are trying to solve this conundrum by combining Ulips with guaranteed income plans—leading to the birth of capital guarantee plans. But are these the right fit for you?
Both Ulips and guaranteed income plans have their uses and limitations. Ulips are pure market-linked vehicles but do not offer any protection of invested capital.
