ICICI Prudential Life Insurance

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This is the 2nd largest  insurance company in India.    Parent company ICICI BANK controls a good percentage of the banking sector in India.    ICICI Prudential has crossed already millions  of policies from India and abroad..  Shortly it is going to be No. 1 insurance company in India.  Various Insurance Plans suitable for an Individual is available here.    Those who work home and abroad must ensure that they should plan for their future.   NRIs  who wish to return in the future or permanently staying abroad will be benefitted:-

Plans :  

(1)  LIFE TIME GOLD

Minimum annual premium Indian Rupees 25000/-.  Maximum any amount.

Option to withdraw after 3 years.  

Income tax benefit.

Life cover - 5 times the premium amount (even if one has paid only 1 premium this benefit will be given to the nominee).

Proper handling of your fund

(2)  SMART KID PLAN FOR YOUR CHILDREN.

You can plan for your children's education and marriage.

Yearly Rs. 12000 or above per child.   If  father/mother (proposer) of the kid, disabled in an accident, prior to the term completion,  ICICI Prudential will pay the rest of the annual premiums until the child is grown and reached the age /or completion of term.

If the proposing Father/Mother dies even after paying the first premium,  the rest of the term, annual premiums will be paid by the ICICI PRUDENTIAL LIFE INSURANCE.  This is a good plan for your child

Once term is completed, you can get fixed amount for your child's education needs every 2nd year.

If you wish,  you can cancel or withdraw this policy after 5 years.

(3)  LIFE LINK SUPER

One time deposit .  Option to withdraw the deposited amount after 5 years.  Excellent growth.  Excellent growth over 35%  and a minimum of 20%

(4)  PREMIER LIFE GOLD

It is a great PLAN for business people

Illustration of Premier Life Gold plan is given for your quick view.

1st year  deposit     -   1 crore Indian rupees.  Or (248000 US dollar)

2nd year deposit      -   60000  Rs.   (1428  US dollar )

3rd year deposit       - 60000    Rs.   (1428 US dollar)

4th year   -   zero  deposit. 

On completion of 48 months the amount is expected to be grown upto

2.5 crores.

You can imagine how much effort one has to take to make a profit of 1.5 crore in 4 years.  Capital, Raw Material, Manpower and other sort of tensions one has to take.   Whereas, these tensions are absorbed by our Fund Managers, who intelligently invest in the right fund to make your money growing.   They are professionals in fund management.   ICICI Prudential Life Insurance invests in top 200 companies, where ups and downs of share market index does not affect much in their way.

 
 
 
September to March - are the right months  for investment as the market is down and you may avail more units with your money,  which ultimately will show excellent result when the market improves.

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