Retirement
time is the time to live your dream, dream that you have been putting
off as you never had the time for it. To help you achieve your retirement
plans, ICICI Prudential presents to you, LifeStage Pension.
One
of the most distinguishing features of this policy is that it has
no premium allocation charge for regular premiums which means 100%
of your money is invested. What's more, the policy provides you
with a unique lifecycle-based portfolio strategy that continuously
re-distributes your money across various asset classes based on
your life stage and risk tolerance, eventually providing you with
a customised retirement solution. Apart from the fixed portfolio
strategy.
LifeStage Pension at a glance
| Minimum/Maximum
Entry Age |
18
years to 70 years |
| Maximum
Cover Ceasing Age |
80
years |
| Minimum/Maximum
Policy Term |
10
years to 62 years |
| Minimum/Maximum
Vesting Age |
50
years to 80 years |
| Premium
Payment Frequency |
Monthly,
half-yearly, yearly |
| Minimum
Premium |
Rs.
15,000 p.a. |
| Tax
Benefit |
Under
Section 80CCC, as per prevailing Income Tax laws on premium
paid for base policy. |
Features of the Policy
Option
to choose a unique and personalised lifecycle based portfolio strategy
to create ideal balance between Equity and Debt.
- This
plan invests 100% of your money in the portfolio of your choice.
- Enjoy
the flexibility to choose from 5 pension options through which
you can receive your pension.
- Opportunity
to earn potentially higher returns by investing in Unit Linked
Funds.
- Receive
tax-free commutation up to one-third of the accumulated value
on vesting (retirement) date.
- Avail
tax benefits on premiums paid u/s 80CCC.
If
you would like to know more about this plan, please click
here for Brochure of Life stage Pension Plan.
For our advisor to contact you with personalised retirement solutions!
Please
Reply With A Click Here.
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