Who receives the maturity benefit of ULIP?

Whether the final payout in respect of ULIP is made to the policy holder or the person insured by the policy? - Anonymous It is the policyholder who receives the maturity benefit. We'll explain. In insurance, there can be three parties involved: The one who buys the policy (policyholder) and pays the premium, The insured (who is covered by the policy), and A no

This article was originally published on February 23, 2023.