December 25, 2011 by akhilendra
ICICI Pru LifeStage Wealth II Details
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. | |
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