{"id":42632,"date":"2019-08-30T13:26:56","date_gmt":"2019-08-30T07:56:56","guid":{"rendered":"https:\/\/www.newsilike.in\/?p=42632"},"modified":"2019-08-30T13:26:58","modified_gmt":"2019-08-30T07:56:58","slug":"5-ways-ulip-calculators-help","status":"publish","type":"post","link":"https:\/\/www.newsilike.in\/5-ways-ulip-calculators-help\/","title":{"rendered":"5 Ways in Which ULIP Calculators Help"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"325\" src=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/ulips-plans.jpg\" alt=\"ulips-plans\" class=\"wp-image-40099\" title=\"\" srcset=\"https:\/\/www.newsilike.in\/wp-content\/uploads\/ulips-plans.jpg 750w, https:\/\/www.newsilike.in\/wp-content\/uploads\/ulips-plans-500x217.jpg 500w, https:\/\/www.newsilike.in\/wp-content\/uploads\/ulips-plans-700x303.jpg 700w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<p>A ULIP\ncalculator is a tool that helps you calculate the premium amount that you are\nrequired to pay either monthly or annually. It also helps in determining the\npossible returns that you will get on your ULIP investment. Financial experts\nhighly recommend using the ULIP calculator before you make a ULIP investment or\npurchase. This will help you gauge which ULIP plan will be beneficial for you\nin the long-run. The estimation of the premium amount to be paid monthly or\nannually will help you plan your finances better.<\/p>\n\n\n\n<p>In this\narticle, we will discuss the benefits of the ULIP calculator, such as:<\/p>\n\n\n\n<ul><li>Easy-to-use<\/li><li>Simplifies\nthe financial calculations<\/li><li>Helps you\nmake better and safer investments<\/li><li>Helps you\nselect the right fund<\/li><\/ul>\n\n\n\n<p>Let\u2019s see\nthese benefits in detail below.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Simple and easy-to-use:<\/strong><\/h2>\n\n\n\n<p>Unlike most financial <strong>instruments, a ULIP calculator is rather\neasy<\/strong>-to-use. All you have do is select your policy term and the premiums\nthat you wish to pay. Fill in other details of the policy asked by the\ncalculator (this requirement varies from calculator-to-calculator). Then, fill\nin personal information as requested by the calculator. Click on \u201cGet Quote\u201d\nand the ULIP calculator will calculate your estimated premium. What\u2019s more, is\nthese calculators are free of cost.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Simplifies the calculation:<\/strong><\/h2>\n\n\n\n<p>Financial calculations can get pretty\ncomplicated; a ULIP calculator simplifies these complex calculations. These\nsimplified calculations generate an evaluated result, which further helps you\nto choose the right <a href=\"https:\/\/www.sbilife.co.in\/en\/individual-life-insurance\/wealth-creation-plans\" target=\"_blank\" rel=\"noopener\"><strong>ULIP plan<\/strong><\/a> according to your requisites. The calculator also\nhelps in all the possible comparison according to your budget, age, long-term\nand short-term goals, etc. before you zero down on your investment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Safer investments:<\/strong><\/h2>\n\n\n\n<p>While calculating the ULIP returns, it\nalso shows you what the possible challenges that you may face going further\nwith the investment are. This helps you make the right decision well in time\nand opt for the ULIP plans that compliment your future financial goals. The\nULIP investment lets you switch between funds if you see your funds are\nperforming weakly or if your future goals change. During this time, the ULIP\ncalculator will help you compare the benefits you will earn on the new\ninvestment as compared to the old one.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Right fund:<\/strong><\/h2>\n\n\n\n<p>Once you learn that the ULIP investment\nyou are about to invest in is safe, the ULIP calculator helps you determine if the\nfund is right for you. This will be determined on various factors, such as:<\/p>\n\n\n\n<ul><li>Age<\/li><li>Gender<\/li><li>Lifestyle<\/li><li>Annual income<\/li><li>Policy tenure<\/li><li>Payable premium<\/li><li>Payment interval<\/li><\/ul>\n\n\n\n<p> Apart from this, the <a href=\"https:\/\/epolicy.sbilife.co.in\/eWealth\/UI\/PremiumCalculation.aspx\" target=\"_blank\" rel=\"noreferrer noopener\" label=\" (opens in a new tab)\" class=\"broken_link\"><strong>ULIP calculator<\/strong><\/a> helps you keep to your goal and make goal-based investments. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A ULIP calculator is a tool that helps you calculate the premium amount that you are required to pay either monthly or annually. It also helps in determining the possible returns that you will get on your ULIP investment. Financial experts highly recommend using the ULIP calculator before you make a ULIP investment or purchase.&hellip;<\/p>\n <a href=\"https:\/\/www.newsilike.in\/5-ways-ulip-calculators-help\/\" title=\"5 Ways in Which ULIP Calculators Help\" class=\"entry-more-link\"><span>Read More<\/span> <span class=\"screen-reader-text\">5 Ways in Which ULIP Calculators Help<\/span><\/a>","protected":false},"author":2,"featured_media":40099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"Layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5220],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.newsilike.in\/wp-content\/uploads\/ulips-plans.jpg","_links":{"self":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/42632"}],"collection":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/comments?post=42632"}],"version-history":[{"count":0,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/posts\/42632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media\/40099"}],"wp:attachment":[{"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/media?parent=42632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/categories?post=42632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsilike.in\/wp-json\/wp\/v2\/tags?post=42632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}