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ICICI
Prudential
Wealth creation
plans
LifeTime
Super (unit linked plan)
Life Time Super Wealth creation plan
The Life Time Super is a flexible policy which decides how
long you want the policy. There are 3 choices of premium payment ie monthly, bi
annual and annual basis. There are 6 investment funds to choose from - Flexi
growth, maximiser, flexi balanced, balancer, protector and preserver which is
based on the financial goals and risk profile. Withdraw money in installments
from the 4th year. You can switch funds anytime to adjust your portfolio.
To Know more you can use these
alternative links:-
ICICI Prudential Life
Time Super at a glance
Minimum entry age - 65
years
Maximum age of policy maturity
- 75 years
Policy term - 10 to 75
years
Premium payment frequency
- monthly, half-yearly and yearly
Minimum premium - Rs
18,000 per annum
Minimum sum assured - Rs
1,00,000
Tax benefit - Any amount
paid to you will be eligible for tax benefits under Sec. 10 (10D) as per
prevailing Income Tax laws.
Benefits
of Life time super unit linked plan
Potentially higher returns over the long term by investing
in unit linked funds. Additional allocation of units at regular intervals to
boost your investment. There is a option to withdraw money over a period of 5
years on the maturity of the policy. In the case of the event of death your
family receives the sum assured or the fund value which ever is higher. There is
a cover continuance option by which you can continue the life insurance cover
even if there is a break in the premium period. Tax benefits are
available.
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Call toll free
(MTNL/BSNL)
1800-22-2020 |
How does the policy work
- Choose the premium amount, term and sum
assured for which you wish to take the policy.
- After deducting the premium allocation
charges, the balance amount is invested in the investment funds of your
choice.
- Add on riders are available for the policy
- On survival the maturity benefit is paid to
the policy holder and in the event of the death of the policy holder the
nominee receives the higher of sum assured or the fund value.
The fund name to choose and its
objectives
- Flexi growth - It provides long term
returns from a equity share of large, midcap and small cap companies.
- Flexi Balanced - A
balance is maintained of the capital appreciation and the returns are stable
from an equity and debt portfolio.
- Balancer - Balance of
growth and gives steady returns from a equity and debt portfolio.
- Maximiser - Long term
capital appreciation from a equity portfolio.
- Protector - Accumulate
income steadily with a low risk.
- Preserver - The capital
is protected by very low risk investments.
Riders
- Accident and Disability benefit rider
- Critical Illness benefit rider
- Waiver of premium rider.
For more details visit www.iciciprulife.com
Or call toll free number - 1600 222020
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