What is the differrences between Life insurance, General
insurance, ULIP & Mutual funds?

Answer Posted / kundan singh

Life Insurance

life insurance is taken as a protection against life.

General Insurance

general insurance is taken against any thing except life of
a person

ULIPS

unit link insurance policy: is an alloted units given
by the insurance companies and the NAV is declared on day to
Day basis


Mutul funds

it is a method of investing money where
individual come-together and invest money in such a way so
that the return is maximum

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