Is there a Safe ULIP Investment with Life Insurance Cos. which protects downside of market in India?

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markets scarily going down...
in such scenario invest in india [tax saving ulips preferred] dont lose on falling markets, enjoy upside. concern dont lose hard earned money @ same time enjoy high equity returns? best investment in 80% equity fund.
there such insurance plan available?

the markets scarily going down... in such scenario invest in india [tax saving ulips preferred] dont lose on falling markets, enjoy upside. concern dont lose hard earned money @ same time enjoy high equity returns? best investment in 80%...


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