Unit plans are investment plans for those who realise the worth of hard-earned money. These plans help you see your savings yield rich benefits and help you save tax even if you don’t have consistent income.These policies are essentially linked with share market fluctuations. One has to pay premium for a minimum of three years and can withdraw the amount invested alongwith the bonus earned after the end of five years without any charges being deducted for surrendering the policy. Minimum 5 times life cover is given to the insured. Some capital guaranteed policies are available which covers the risk of the insured.