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LifeStage RP policy provides you with an option of lifecycle-based portfolio strategy that continuously re-distributes your money across various asset classes (Automatic Asset Allocation. This will done based on your age,
and helps you achieve the right Asset Allocation to meet your desired financial goals.
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» Plan at a Glance
| Minimum Premium |
Rs. 15000 |
| Minimum entry age |
0 years |
| Maximum Entry Age |
65 years |
| Minimum Age at Maturity |
18 years |
| Maximum Age at Maturity |
75 years |
| Min Term |
10 years |
| Maximum term |
75 years |
| Min Sum Assured |
Term/2*Annual Premium |
| Premium Payment Frequency |
Yearly, Half-yearly , Monthly |
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»Features & Benefits
Two Unique Portfolio Strategies:
Life cycle based portfolio strategy
- Age based Asset Allocation(Equity Debt mix)
- Quarterly Rebalancing of Asset Allocation
- Capital preservation at Maturity
Fixed portfolio strategy
- Allocate your investments into different asset classes using your personal judgement
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» Tax Benefits
Premium paid for the policy and critical illness benefit rider will be eligible for tax benefit under section 80C & 80D respectively, any benefit amount received under this policy will be eligible for the tax benefit under section 10 (10D), as per prevailing Income Tax laws.
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» Key Benefits
Option to choose a unique and personalized life-cycle based portfolio strategy to create ideal balance between Equity and Debt
Option to change in chosen portfolio strategy 4 times in a policy term (CIPS - Change in Portfolio Strategy)
Additional allocation of units at regular intervals to enhance your investment
Ensure capital preservation at the time of policy maturity by systematic transfer to debt fund in the last 10 policy quarters
Option to withdraw your money systematically over a period of 5 years on the maturity of the policy
In the unfortunate event of death, your nominee will receive Sum Assured plus Fund Value
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| Lifestage: UIN 105L073V01 |