Apart from following a regular ans sytematic saviongs and investments pursuit, it is important to take a life insurance cover if you have dependents.. Obviously, a responsible individual will not want to see their family members get into a debt trap of taking a personal loan or any loan, for fulfilling any requirements.
So, it is best advised to go for a term plan rather than Ulips. Do not move your funds out of your PPF as its is considered to be one of the best debt investing instruments. Try to cancel your Ulip policy, minimum time period required is 3 years, after which you can transfer them to a term plan.. But if you have different Ulip policies then, evaluate them and find out which one of them is most benefiting and continue investing in them.