ULIP vs term insurance: How to choose the right plan—avoid these 5 common mistakes most Indians make | Mint

When people think about life insurance, they always consider Unit-Linked Insurance Plans (ULIPs) and term insurance. ULIPs focus on combining investment with insurance, whereas term insurance ensures life cover. However, failing to understand the intricacies of these two results in poor decision-making. Here, we discuss the five most common mistakes people make when deciding between … Read more