1. Guaranteed NAV: Get the benefit of the highest NAV recorded on a daily basis, in the first 7 years of the Pinnacle II Fund, at maturity.
In this product, we guarantee the highest Net Asset Value (NAV) recorded on a daily basis, in the first 7 years of launch of the Pinnacle II Fund, subject to a minimum of Rs.10. The guarantee will be applicable only at maturity. The period of 7 years starts from the date of launch of Pinnacle II Fund and will end on the completion of 7 years (from 26/10/2010 to 26/10/2017).
2. Limited premium payment term: Pay premiums for only five policy years.
3. Death benefit: In the unfortunate event of death of the Life Assured, the nominee will receive Sum Assured plus Fund Value, subject to Minimum Death Benefit.
4. Partial withdrawals: Ensures liquidity from the 6th policy year onwards.
5. Tax benefits: Avail tax benefits on the premiums paid and benefits received under the policy, as per the prevailing Income Tax laws
6. Loyalty Additions: Added to the fund at maturity. Calculation of the fund value for Loyalty Addition will be based on the prevailing NAV and not on the Guaranteed NAV