The ICICI Pru Premier Life Gold is designed to satisfy the requirements to satisfy the requirements of the customers. This policy provides freedom in investing for short durations and benefit good returns for the entire life.
The chief characteristics of ICICI Pru Premier Life Gold are:
• The minimum premium payment term is 3 years and the maximum premium payment term is 5 years.
• The minimum premium amount is Rs. 10000 and the maximum premium amount is Rs. 60000.
• The minimum entry age is 0 years and the maximum is 69 years.
• The minimum policy term is for 6 years and the maximum policy term is for 30 years.
• The maximum age of maturity for the policy is 75 years.
• The minimum sum assured is 5 times of the annual premium.
• The premiums paid and any benefit received from the policy are subject eligible for the tax according to the income tax laws.
The added benefits of ICICI Pru Premier Life Gold are:
• The customer can choose to pay premiums for either 3 years or 5 years.
• The customer can also choose to either remain invested for a long period of 30 years.
• There are 7 investment options available in the policy such as R.I.C.H., Flexi Growth, Multiplier, Balancer, Protector etc.
• The user can also opt for partial taking out of money in installments from the 4th year onwards.
• Is the policy holder faces death during the policy time his/her family will receive the higher fund value or the assured sum.