What are unit linked and traditional linked policy?

Answer:
ULIPS are basically Unit linked plans .e in these plans you get the benefit of insurance as well as investing in Equity and bonds or debt...
whereas in case of TLIPS these are traditional linked plans wherein you get the benefit of endowment plans with that of ULIPS as well...!!
First answer by ID1001531974. Last edit by ID1001531974. Question popularity: 1 [recommend question].