Investment linked policies have several benefits including:
High flexibility - The insurance coverage is adjustable to suit your needs or stage in life. You can also withdraw for quick cash if needed or pause paying premiums if you have financial issues.
Leverage your money for both wealth accumulation and wealth protection at the same time.
ILP's insurance component cost is very low for young individuals
You have control over the decision company in an ILP and potentially higher returns depending on your decisions.