Investors are advised to look into the charge structure while buying Ulips. Investors looking at Ulips as an option can buy them from the online platform at a low cost. “Online plans generally tend to reduce distribution costs, resulting in lower costs for customers. In the case of Ulips this means that the amount invested is maximised, thus increasing overall returns. This is the primary reason people go in for online Ulips,” says Yateesh Srivastava, chief marketing officer, Aegon Religare Life Insurance Company.

According to a report released by the ING Investor Dashboard Survey - Family Income, Children's educational and savings for retirement are the topmost priority for Indian's when it comes to investing their money. Pure protection plans, money back policies and endowment plans are the top conventional products in which Indians show interest. Find out more---->

"Travel insurance is something many of us avoid spending on while heading for a vacation, as we assume that since a lot has already been spent on the trip, why spend extra on insurance. After all, the trip will have been “properly planned”. What could possibly go wrong?