●    A ULIP lock-in period helps you to secure a long-term investment horizon, as the funds remain invested until the end of the chosen lock-in period.
●    A ULIP lock-in period also allows you to avail of long-term tax benefits, as the premiums paid are eligible for tax deductions under Section 80C of the Income Tax Act.
●    Lastly, the ULIP lock-in period also helps to enhance your savings by ensuring that you stay focused on achieving your long-term financial goals without withdrawing your funds prematurely.