Plan that is designed just for preferred customers like you.
Introducing ICICI Pru Wealth Elite, a market linked insurance plan that offers life insurance and flexible investment options in one plan. Along with life cover, this plan gives you the potential to create wealth.
Your investible premium is allocated among the funds` of your choice as per the portfolio strategy opted With the choice of 4 portfolio strategies and wide range of funds, this plan gives you abundant flexibility to invest as per your needs. It is effective zero premium allocation charge1 ULIP with high premium benefit5.
8 BENEFITS OF ICICI Pru Wealth Elite Pro
4 SIMPLE STEPS TO BUY ONLINE
HOW IT WORKS
Sumit's returns will be according to the performance of funds` he has selected.
Premium payment option: Limited Pay
Premium payment mode: Annual
Annualized premium: `2 lakh
Sum Assured: `20 lakh
Premium payment term: 7 years
Age at entry: 40 years
Policy term: 35 years
| Completed policy year | Fund value @ 8% ARR^ | Fund value @ 4% ARR^ |
|---|---|---|
| 10 | `2,009,573 | `1,516,719 |
| 20 | `4,009,394 | `2,106,165 |
| 30 | `7,632,860 | `2,735,785 |
| 35 | `10,531,533 | `3,118,004 |
Note: As per IRDAI guidelines, returns are shown at 4% p.a. and 8% p.a.
On maturity, Divya will get returns according to the performance of funds she had invested in.
Amount of single premium: `1,00,000
Sum Assured: `10,00,000
Age at entry: 30 years
Policy term: 10 years
| Assumed investment returns | @ 4% ARR` | @ 8% ARR` |
| `Fund Value at Maturity | `1,20,670 | `1,76,956 |
`ARR: Assumed Rate of Return
Note: As per IRDAI guidelines, returns are shown at 4% p.a. and 8 p.a.:
For this example, we have assumed that the investment is done in the Maximiser Fund V (SFIN: ULIF 114 15/03/11 LMaximis5 105)
In case of Divya's death during policy term, Divya's nominee will receive the death benefit as a lump sum payout.
| Year of death | Death Benefit paid out to nominee | |
|---|---|---|
| @ 4% ARR` | @ 8% ARR` | |
| 5 | `10,00,000 | `10,00,000 |
| 10 | `10,00,000 | `10,00,000 |
`ARR : Assumed Rate of Return
THINGS YOU NEED TO KNOW
What is the minimum and maximum entry age?
What is the minimum and maximum policy term I can select?
What are the premium payment modes for this plan?
What is the minimum and maximum premium for this plan?
What is Systematic Withdrawal Plan(SWP)?
SWP allows you to withdraw a pre-determined percentage of your fund value regularly. This can help you to meet specific needs such as child’s education or money for day-to-day expenses during retirement
When can I do partial withdrawals?
PERFORMANCE OF FUNDS`
Please note: NA: Fund has not completed the stipulated time period
Past performance is not indicative of future performance.
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