ICICI Pru LifeStage Wealth II Details

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ICICI Pru LifeStage Wealth II is a unit linked insurance policy from icici prudential life insurance company. It offers you the fund choices for investment along with life insurance cover.

ICICI Pru LifeStage Wealth II Details

Minimum Premium Premium payment option Minimum annual premium (Rs.)
Regular pay 24,000
Limited pay 5 48,000
Limited pay 7 36,000
Limited pay 10 24,000
Maximum Premium Rs. 100,000 per annum for all premium payment options
Modes of Premium Payment Yearly / Half yearly / Monthly
Premium Payment Term (PPT) Premium payment option Premium payment term
Regular pay Policy term
Limited pay 5 5 years
Limited pay 7 7 years
Limited pay 10 10 years
Policy Term 10 / 15 / 20 / 25 /30 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
Tax Benefits Premium and any benefit amount received under this policy will be eligible for the tax benefit as per the prevailing Income Tax lawsT&C 3.

 Komal Jeevan

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