ICICI Prudential Pinnacle Super
NAV guaranteed funds are the beauty in the insurance market. It ensures highest NAV in a specific period. ICICI Prudential Pinnacle Super is a NAV guaranteed unit linked plan by ICICI Prudential Life.
Both one pay and five pay options are available in this plan. In one pay, premium has to pay in one time. In five pay, premium has to pay in five years. Policy term is 10 years.
Sum assured conditions in One Pay
If the entry age is below 45 years, minimum sum assured will be 125% of the single premium. If the entry age is equal or above 45 years, minimum sum assured will be 125% of single premium. If the entry age is below 60 years, maximum sum assured will be 500% of single premium. If the age at entry is equal or above 60 years, maximum sum assured will be 125% of the single premium.
Sum assured conditions in Five Pay
If the age at entry is below 45 years, Minimum sum assured will be 10 times of annual premium. If the age at entry is equal or above 45 years, minimum sum assured will be 7 times of annual premium.
Minimum age at entry is 8 years. Maximum age at entry is 70 years. In One pay, maximum age at entry is 65 years. Minimum age at maturity is 18 years. Maximum age at maturity is 80 years in case of one pay. Maximum age at maturity will be 75 years in case of five pay.
Fixed Portfolio Strategy
In this strategy, policyholders can manage their funds by investing in different funds. He can switch the amount in between these funds.
Highest NAV fund A, Highest NAV fund B, Highest NAV fund C
100 % of amount is invested in equities, debt, money and cash market instruments according to the market conditions.
Opportunities fund, Multi cap growth fund, Bluechip fund
80% to 100% of amount is invested in equities and up to 20% of amount is invested in debt, cash and money market instruments.
Maximiser V
75% to 100% of amount is invested in equities and up to 25% of amount is invested in debt, money market and cash instruments.
Multi cap balanced fund
Up to 60% of amount is invested in equities and 40% to 100% of amount is invested in debt, money market and cash instruments.
Income fund, Return guarantee fund
100% of amount is invested in debt, money market and cash instruments.
Money market fund
Up to 50% of amount is invested in debt instruments and 50% to 100% of amount is invested in money market and cash instruments
Dynamic P/E fund
90% to 100% of amount is invested in P/E below 14. 80% to 100% of amount is invested in P/E between 14 and 16. 60% to 100% of amount is invested in P/E between 16 and 18. 40% to 80% of amount is invested in P/E between 18 and 20. Up to 40% of amount is invested in P/E above 20