ICICI Pru LifeLink Wealth SP is a unique single premium ULIP that provides the opportunity to enjoy potentially higher returns over the long term investments, with just a single premium.This product also offers a unique strategy that allows you to protect gains made through your funds invested in the equity markets from any future equity market volatility. The Plan can be bought online at your ease.
Overview
| Minimum Premium | Rs. 40,000 |
| Min/Max age at entry | 0 – 60 years |
| Min/Max maturity age | 8 – 70 years |
| Sum Assured | Choice of 125% or 500% of single premium |
| Policy term | 10 / 20 / 30 years |
| Tax benefit | Premium and any benefit amount received will be eligible for tax benefit as per the prevailing Income Tax laws |
Features and benefits:
- Single premium ULIP: Pay premiums only once and stay invested for a long term
- Trigger Portfolio Strategy: A unique portfolio strategy to protect gains made in equity markets from any future equity market volatility while maintaining a pre-defined asset allocation
- Loyalty Addition: Up to 2.5% of Fund Value, at the end of every fifth policy year, starting from the tenth policy year
- Two options of Sum Assured: Choose between 125% or 500% of premium as the Sum Assured to suit your protection needs
- Top up: Flexibility to invest surplus money to boost your investment kitty
- Tax benefits: On the premium paid and benefits received under the policy, as per the prevailing Income Tax laws.
Know more about ICICI Prudential Life Insurance
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Tags: ICICI Pru LifeLink Wealth SP, ICICI Prudential Life Insurance, ULIP