Demystifying ULIP product category. Understand what makes this product a good offering to achieve your financial goals.

1. The Unit-Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender / withdraw
the monies invested in Unit-Linked Insurance Products completely or partially till the end of fifth year.
In Unit-Linked Insurance Products, the investment risk in the investment portfolio is borne by the policyholder.

2. A Unit Linked Insurance Plan
(ULIP), is a financial product that
combines investment as well as
insurance. In a ULIP, the Premium
amount, after deduction of
charges, is invested into funds of
your choice.

3. When you buy a ULIP, you pay the
premium just like for an Insurance
Policy. However, unlike an Insurance
Policy, the Premium is not just for
insurance but also for investment. ULIPs
have different funds with different risk-
return profiles.

4. Whether it is for retirement, children’s
education or for other financial goals, a
ULIP continued till maturity works as an
advantage. Also, in the long term, risks
associated with market fluctuations are
greatly reduced, and the investment could
fetch higher yields.

5. If you are a moderate to
aggressive investor, and look out
for growth of your money, ULIPs
may be a good option. Of course
in good times, you would make a
considerable amount on your
portfolio, but you also stand to
make losses in a downfall.

6. ULIPs offer you the flexibility of switching
the fund allocation. You can switch
between funds depending on the market
outlook and the risk mindset that you wish
to adopt.
Option to select or switch fund(s) is not
available – No opportunity to customize
Option to select or switch fund(s) is not
applicable
While the low charges in many ULIPs,
offered by different Insurers1, make them
attractive, the main advantage is the
seamless and tax-efficient transfer from
debt to equity, and vice-versa, including
rebalancing the portfolio. You get tax
benefits on the premiums paid and also on
the returns of the policy.
•Tax benefits are subject to changes in tax laws.
•1. http://www.businesstoday.in/moneytoday/insurance/tips-to-invest-in-new-ulips-with-lower-cost-than-mf-charges/story/215122.html

7. The charge structure of ULIPs brings in a
Premium Allocation Charge, a Policy
Administration Charge and a Fund Management
Charge. There is also the Mortality Charge for the
life cover offered by the plan. However the new
ULIPs offer minimal charges making them
desirable investment option.

8. For those of you who do not have the time or
expertise to invest in the market, you get an
opportunity to invest across different asset
classes of debt, equity, etc. It is monitored by
professional fund managers, without having
you to churn out the portfolio to make gains.

10. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI clarifies to public that
• IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
• IRDAI does not announce any bonus.
• Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
Disclaimer:
HDFC Standard Life Insurance Company Limited. In partnership with Standard Life Plc. CIN: U99999MH2000PLC128245, IRDAI Reg. No. 101
Registered Office: HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400
011. Email: Buyonline@HDFCLife.in, Tel No: 1800-266-9777 (9 am to 9 pm).
For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. Unit Linked Life Insurance
products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to
investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market
and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy
document of the insurer. The various funds offered under the ULIP contracts are the names of the funds and do not in any way indicate the quality of the plans, their future
prospects and returns. "The name/letters "HDFC" in the name/logo of the Company belongs to Housing Development Finance Corporation Limited and is used by HDFC
Life under a license/agreement." ARN: MC/08/2016/8525