Life Insurance Vs. Investment Calculator. A ulip is a life insurance product, however, unlike traditional and pure insurance policies, a ulip gives investors the capability to insure and invest under a single integrated plan. The annual escalations in term life insurance costs are the biggest item insurance agents point to when selling whole life insurance policies.
Life insurance provides financial protection for your family while they still depend on your income. Whole life insurance, which is best? This means that while you do have the risk cover of a policy, you can also invest in a number of qualified investments such as bonds, mutual funds, stocks amongst.