Unit Linked Insurance Plans

While the traditional pension policies invest your premium in safe investment alternatives such as government securities and debt, several aggressive investors prefer personal plans that include investing premiums in high-risk and high-return options like money market and stocks.  Popularly, these types of policies are known as Unit Linked Investment Plans. The general principle of these plans is to invest the funds in instruments like equity to show the invested component. It also offers cover in case of premature death.