Dear Sir,
Why ICICI Pru Life Time Premier
Just like you, your investments also deserve the very best. You need a plan that helps you achieve your dreams by providing you with multiple savings and protection options. Keeping this in mind, ICICI Prudential brings you ICICI Pru Life Time Premier, a comprehensive savings plan that offers you a choice of portfolio strategies for your savings and at the same time secures you against uncertainties of life.
Life Time Premier at a glance
|
Regular Pay |
Limited Pay |
Minimum Premium
|
Rs. 18,000 per annum |
Rs. 50,000 per annum |
Policy Term
|
10, 15, 20, 25 or 30 years |
10 years |
Premium payment term |
Regular pay
|
5 years |
Minimum Sum Assured for age at entry below 45 years |
Higher of (10 × annual premium) and (0.5 × Policy Term × annual premium) |
Minimum Sum Assured for age at entry 45 years and above |
Higher of (7 × annual premium) and (0.25 × Policy Term × annual premium) |
Maximum Sum Assured
|
As per maximum Sum Assured multiples |
Minimum/Maximum age at entry |
7 / 65 years |
Minimum/Maximum age at maturity |
18 / 75 years |
Modes of Premium Payment |
Yearly |
Tax Benefits |
Premium and any benefit amount received under this policy will be eligible for tax benefit as per prevailing Income Tax laws |
Features of Life Time Premier
- Trigger Portfolio Strategy: Option to choose a unique portfolio strategy to protect gains made in equity markets from any future equity market volatility while maintaining a pre-defined asset allocation.
- Flexible premium payment options: You can either pay premium throughout the policy term or for a limited period
- Loyalty Additions: Paid at the end of every five policy years, starting from the 10th policy year, irrespective of the premium payment status.
- Top up: Flexibility to invest surplus money over and above your regular premiums.
- Automatic Transfer Strategy: Helps you eliminate the need to time your investment.
Procedure for those who are intended :- Please advise me the amount of premium you wish to pay, the plan chosen and the date of birth to enable us to desire the benefit Illustration and send you along with the soft coy of Application form.
Kindly go through the plans & feel free to discuss if you have any doubt.
