Can I take a ULIP without being sure about the available funds?-wealth-assure-plan-2

You should most definitely not take a ULIP without being sure about the available funds! When investing in a ULIP, you have four basic funds to choose from. These funds are the equity funds, income/fixed interest/bond funds, cash funds and balance funds. In equity funds, your money is invested in company equities. The risk factor is the highest here. In income/fixed interest/bond funds, the premium amount is invested in bonds and fixed income tools like government securities. This is of medium risk. In cash funds, the amount is directly invested in cash components like bank deposits. This is the least risky ULIP fund. Finally, in a balance fund, the amount is invested in bonds as well as in fixed securities. This too is of medium risk. Other Plans : Shriram Term Insurance Shriram Investment Plans