Ulips are same as mutual fund.in mutual fund there is entry load and exit load, in insurance thre are lots of plans with cmparatively less charge when compare it wth mutual funds.there are plans with 105% allocation, 98% allocation, single time investment plans etc.why you need to spend adm charge seperately for investment and insurance.in insurance you can have both with single adm charge.
Bajaj Allianz- new unitgain premier sp-105% allocation
, , -new unitgain easy pension plus sp-98% allocation(no mortality charge)
, , -new unit gain plus sp-98% allocation
, , - new unitgain easy pension rp(regular premium) 82-92% allocation in 1st year
so there are several plans to invest.go ahead.
IF YOU ARE TAKING LAST 3 YEARS SCENARIO SO MANY GOT NICE RETURNS FROM ULIPS COMPARE TO BANK FDS AND ALL.all the insurance companies having this type products, this is my request that please go through the brochure carefully.here different plans for different needs.so many are there only for insurance protection, like that so many are there as investment cum insurance.normaly an agent must do the need analysis then only he come to know which plan is suitable for him.