The article says "Term plans also prove inadequate if you lack the discipline or time to invest regularly, want to skip the trouble of researching investment vehicles", which is not fully true. If you lack disipline or time to invest regularly, even ULIPS cant help, because in ULIPs u invest every month, every quarter, etc, for years requiring discipline. In term policy there is no investment aspect involved. So where is the question of skipping investment vehicle ?. The author should note that disciple is required for ULIPs and skipping investmet vehicle, is a point to be used when comparing ULIP and other investments (not term insurance).
