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Inusrance>>Polices
& Features>>ICICI - Life Time Super | | | |
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| | ICICI
Prudential -Smart Kid ULRP | | | |
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| Key
Benefits
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Lump sum payment of sum assured plus company contributes
future premiums in the unfortunate event of death of parent (life assured). | |
 | With
Income Benefit Rider, the child (beneficiary) would receive an annual allowance
every year till maturity, premiums in the unfortunate event of death of parent. | |
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Withdrawal facility to provide money at key educational milestones
of your child. | |  |
Potentially higher returns over the long term by investing
in unit linked funds. | |  |
Cover continuance option to ensure continuance of life insurance
cover, if you wish to stop paying premiums. | |  | Avail
tax benefit on premiums paid and benefits received under the Income Tax Act, 1961.
| |  | Future
premiums will be waived and the premiums would be paid by the company till maturity
of the policy (Payor waiver benefit). | |  | The
policy benefits continue for your child's educational and development needs, as
planned by you. | | | Policy
at a glance
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Minimum/Maximum Age at entry (parent) | 20-
60 years | | |
Minimum/Maximum Age at entry (child) | 0-15
years | | | Maximum
Age at Maturity (parent) | 75
years | | | Maximum
Age at Maturity (child) | 18-
25 years | | | Minimum
/ Maximum Term | 10-
25 years | | | Premium
Payment Frequency | Monthly,
half-yearly, yearly | | | Minimum
Premium | Rs.
12,000 pa | | | Minimum
Sum Assured | Annual
Premium x Term/2 subject to a minimum of Rs. 1,00,000 | | | Tax
Benefits | Premiums
paid for the policy will be eligible for tax benefit under section 80 C. Any benefit
amount paid to you under this policy will be eligible for tax benefits under Sec.
10 (10D). | | | | | | | |
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