Life Stage Plan
Asset Allocation is the most important aspect of investment. As our stages in life
change, our priorities also keep changing. Thus, it is important to diversify our
investments across different asset classes like equity and debts. To help you with
this problem, ICICI Prudential has for you Life Stage RP. This is a policy that
provides you with an option of life-cycle based portfolio, where in your money is
constantly redistributed across various asset classes through automatic asset allocation.
This is done based on the stages of your life keeping in mind your risk tolerance,
your age etc there by helping you to achieve your financial goals.
Policy at
a Glance
- Minimum Premium Rs 15000
- Minimum Entry Age 0 years
- Maximum Entry Age 65 years
- Maximum Age at maturity 75 years
- Min Term 10 years
- Maximum Term 75 years
- Minimum Sum Assured 5 times of Annual Premium
- Premium Payment Frequency Yearly, Half-Yearly, Monthly
- Tax Benefit Premium paid for the policy and critical illness benefit rider will
be eligible for tax benefit under section 80C & 80D respectively, any benefit amount
received under this policy will be eligible for the tax benefit under section 10
(10D), as per prevailing Income Tax
laws.
Features
and benefits of LifeLink Super
- Option to choose a unique and personalized life-cycle based portfolio strategy to
create ideal balance between Equity and Debt
- Option to change in chosen portfolio strategy 4 times in a policy term (CIPS - Change
in Portfolio Strategy)
- Additional allocation of units at regular intervals to enhance your investment
- Ensure capital preservation at the time of policy maturity by systematic transfer
to debt fund in the last 10 policy quarters
- Option to withdraw your money systematically over a period of 5 years on the maturity
of the policy
- In the unfortunate event of death, your nominee will receive Sum Assured plus Fund
Value
