Our Products Motor Insurance. Health Insurance. Life Insurance. Other Insurance. This plan has been withdrawn by the insurance company and is no longer available for sale. There is Loyalty Additions that are paid in this plan every year from the end of the 10 th policy year onwards as a percentage of the average Fund Value.
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You have dreams for yourself and the ones you love. You need a financial plan that helps you to achieve these dreams while protecting them in adverse situations. This plan offers you multiple choices on how to invest while providing you with a life insurance cover to protect your family in case of your unfortunate demise. For example for age 18 maximum multiple is 30, for age 65 maximum multiple is 7.
For example for age 18 maximum multiple is 40, for age 69 maximum multiple is 7. Sum Assured is deemed to include the Top-up Sum Assured, if any. You will have an option to receive the Maturity Benefit as a lump sum or as a structured payout using Settlement Option.
Loyalty Additions: Loyalty Additions will be allocated as extra units at the end of every policy year, starting from the end of the sixth policy year, provided monies are not in DP Fund. Each Loyalty Addition will be equal to 0. An additional Loyalty Addition of 0. The additional loyalty additions will also be calculated as described above.
Wealth Boosters Wealth Boosters will be allocated as extra units at the end of every fifth policy year starting from the end of the tenth policy year, provided the monies are not in DP Fund. Each Wealth Booster will be a percentage of the average of Fund Values including Top-up Fund Value, if any, on the last business day of the last eight policy quarters as shown in the table below.
We offer several options for you to buy as per your convenience. Choose from one of the following: Buy Online Send me an advisor Visit your nearest branch Chat with an executive. Tax benefits are subject to conditions of relevant sections of the Income Tax Act, and are subject to amendments made thereto from time to time.
Call us on 10am-7pm, Monday to Saturday, except national holidays. Valid only for calls made from India. Insurance is the subject matter of the solicitation. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Maximum Premium Unlimited. Modes of Premium Payment Single. Premium Payment Term Single Premium. Policy Term 10 years. Sum Assured. Min age at entry 0 years. Max age at entry 69 years. Min age at maturity 18 years. Max age at maturity 79 years. Tax Benefits Premium and any benefit amount received under this policy will be eligible for tax benefit as per the prevailing Income Tax laws. Minimum Premium Rs. Premium Payment Term 5, 7 or 10 years.
Policy Term. Max age at entry 55 years. Max age at maturity 69 years. Premium Payment Term equal to policy term. Max age at entry 65 years. Max age at maturity 75 years.
LifeCycle based Portfolio Strategy : A unique and personalized strategy to create an ideal balance between equity and debt, based on your age. Flexibility of premium payment : Pay premiums for a limited period or for the entire policy term. Multiple fund options : Invest in the funds of your choice from a diverse suite of 7 funds. Loyalty benefits: Get rewarded with Loyalty Additions and Wealth Boosters on staying invested with us over the long term.
Choice of protection level: Choose the level of protection that suits your needs. Tax benefits: on premiums paid and benefits received as per the prevailing tax laws. How does the plan work? Decide your premium amount and the premium payment option Select the Sum Assured as per your protection needs Choose one of the 2 available Portfolio Strategies On maturity of your policy, receive your maturity benefit as a lump sum or as a structured payout through settlement option to meet your financial goals In case of your unfortunate death during the policy term your family will get the death benefit.
A Retirement Calculator is the ideal place to start when deciding on a pension plan. Evaluate your Retirement Options now. Benefits include flexibility, Transparency, Liquidity, and Fund Options. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
Higher of 10 X Annual Premium and 0. Higher of 7 X Annual Premium and 0.
ICICI Pru Wealth Builder - Maximiser Fund V