ICICI Pru LifeTime Premier Policy

As we know that there are many brand names are available and investing with any one of them will be a good deal for future. But, just like you, your investments should also be done in a very best and organized manner. In this regard, you require a life insurance plan that helps you in achieving your most desired dreams by assisting you with multiple options of savings and protection. There are several of the life insurance policies that might offer you the option of saving funds for the rainy days. ICICI pru lifetime premier is a kind of comprehensive savings plan that facilitates you with a choice of portfolio strategies for your savings. At the same time, this specific life insurance product secures you against uncertainties of life like disability or death.

For this icici prudential life insurance, you are required to choose the premium amount, premium payment option, policy term, portfolio strategy and sum assured for your policy. After deduction of the premium allocation charges, the balance amount will be invested in the portfolio strategy of your choice. In the unfortunate event of death of the life assured during the policy term, your nominee will receive the sum assured including fund value subjected to the minimum death benefit.

At the time of policy maturity, the fund value will be paid including top up fund value. Alternatively, settlement option can be chosen with it as per the choice of policyholder or nominee. It also offers an option to choose a unique portfolio strategy in order to protect gains made in equity markets from any future equity market volatility. You can choose either to pay premium throughout the policy term or limit your premium payment for a particular time period.

With this policy, you also get a flexibility to invest surplus money over and above your regular premiums. With the facility of automatic transfer strategy you can eliminate the need to time your investment. Under this plan, you will also enjoy the tax benefits on premiums paid and benefits received as per prevailing tax laws.

You can apply for this life insurance product with the help of online application form, which can be found on the official website of the respective insurer. With this approach, you can easily apply for the insurance and avail the protection cover with lesser documentation formalities. You might be looking for the difference which proves that life insurance plans offered by icici prudential are better than others. These plans are offered with several additional benefits like tax benefit and insurance riders.  

Article Posted By : Pankaj gautam Rupeetalk offers icici prudential life insurance to know more about this life insurance plan visit www.rupeetalk.com