ULIP Calculator - Plan Your Insurance & Investment
Estimate your Unit Linked Insurance Plan (ULIP) premiums, returns, and maturity amount with our tool. Tailored for Karur residents, it combines life insurance with market-linked investments.
Start Your ULIP with Twins Consultancy
What’s This?
A ULIP (Unit Linked Insurance Plan) combines life insurance with market-linked investments. Part of your premium provides life cover, while the rest is invested in equity, debt, or balanced funds. This calculator estimates your total premiums, maturity amount, and returns, helping Karur residents plan effectively.
How to Use
1. Select your current age.
2. Enter your investment amount and premium frequency.
3. Choose the policy tenure.
4. Adjust the expected annual return rate using the slider.
5. Click "Calculate ULIP" to see premiums, returns, and maturity amount.
6. Fill the lead form and use the WhatsApp button for a free consultation.
How It Works
The ULIP Calculator estimates your investment’s growth using the compound interest formula, adjusted for ULIP charges (e.g., 5% premium allocation, 1% annual fund management). It calculates total premiums based on your investment and frequency, then projects the maturity amount and returns. The schedule shows yearly premiums, returns, and fund value.
Top 20 FAQs
What is a ULIP?
A ULIP combines life insurance with investment in market-linked funds like equity or debt.
How does a ULIP work?
Part of your premium funds insurance, and the rest is invested in chosen funds.
What are ULIP benefits?
Offers life cover, investment growth, fund switching, and tax benefits.
Is ULIP a good investment?
Suitable for those seeking insurance and investment, depending on risk tolerance.
How is the premium allocated?
A portion covers insurance, and the rest is invested after charges.
What is the ULIP lock-in period?
Typically 5 years, during which withdrawals are restricted.
Can I switch funds in a ULIP?
Yes, with minimal charges, subject to policy terms.
What happens if I die during the term?
Nominee receives sum assured plus fund value.
Are ULIPs tax-free?
Premiums qualify for Section 80C deductions, and maturity is tax-free under Section 10(10D).
What are ULIP charges?
Includes premium allocation, fund management, mortality, and administration fees.
How are ULIP returns calculated?
Based on market performance of chosen funds, minus charges.
Can I take a loan against a ULIP?
Some ULIPs offer loans after a certain period—consult us.
ULIP vs. traditional insurance?
ULIPs are market-linked, while traditional plans offer fixed returns.
Minimum ULIP investment?
Typically ₹5,000–₹10,000 annually, depending on the insurer.
Can I surrender a ULIP early?
Yes, after lock-in, but surrender charges apply.
What is NAV in a ULIP?
Net Asset Value reflects the per-unit value of the fund, updated daily.
ULIP premium frequency?
Pay monthly, quarterly, half-yearly, or annually.
ULIPs for senior citizens?
Available up to age 65–70, depending on the insurer.
What are ULIP risks?
Investment returns are market-linked and not guaranteed.
How to choose a ULIP?
Assess goals, risk appetite, and consult Twins Consultancy.