34years
 
Inusrance>>Polices & Features>>ICICI - Life Time Super
 
 
 
 
  
 
             ICICI Prudential -Smart Kid ULRP
 
 

Key Benefits
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.
 
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
  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 Term10- 25 years
 Premium Payment FrequencyMonthly, half-yearly, yearly
 Minimum Premium Rs. 12,000 pa
 Minimum Sum AssuredAnnual 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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