what happens to a ulip after maturity 
once a ulip has matured the policy is paid out to the policyholder the total amount paid out is the sum of the amount insured plus the amount invested note that should the policyholder have passed away a nominee may be elected to receive the distribution the bottom linea ulip combines investing options with life insurance coverage premiums are paid by policyholders with a portion going toward life insurance coverage and the remainder being placed in other investment funds like stocks bonds or mutual funds ulips allow people to participate in the financial markets and have the potential for investment growth while also providing life insurance cover 