Life Stage Assure Plan
ICICI Pru Life Stage Assure a ULIP that offers you a clear advantage by giving you guaranteed returns (maturity additions) on your first year premium - which means that your investments get an unmatched start to long-term wealth creation. ICICI Pru Life Stage Assure also comes with an option of lifecycle-based portfolio strategy that re-distributes your money across various asset classes (Automatic Asset Allocation) based on your life stage and risk tolerance. Thus, with this policy you can look forward to a great start to realize all your aspirations.
Life Stage Assure at a glance
Minimum Premium Rs 12,000 P.a. for monthly modeRs. 10,000 p.a. for all other modes
Minimum Age at Maturity 18 years
Maximum Age at maturity 75 years
Term 10/ 15/ 20/ 25/ 30 years
Minimum Sum Assured 5 * Annual Premium
Tax Benefit 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.

Features and Benefits of Life Stage Assure
Life Stage Assure cushions your first investment from market uncertainties by providing a guarantee while allowing your future year premiums to benefits from the equity markets; in the long term.

Life Stage Assure also offers you two unique portfolio strategies:

1. Life Cycle Based portfolio strategy
o Age based Asset Allocation (Equity Debt mix)
o Quarterly Rebalancing of Asset Allocation
o Capital Preservation at maturity
2. Fixed portfolio strategy
o Allocate your investments into different asset classes using your personal judgment

· 1st year premium used to provide a GUARANTEED MATURITY ADDITION between 100% and 450%; so that you can invest today without worrying about the market behavior in the short term.
· Low premium allocation charges from the 2nd year onwards.
· Life cycle based portfolio strategy to invest in right asset allocation to create ideal balance between Equity and Debt. Life cycle based portfolio strategy also ensures capital preservation at the time of policy maturity by systematic transfer to debt fund in the last 10 policy quarters
· Cover continuance option is available which ensures continuance of life insurance cover, even if you wish to take a break in premium payment.
· Option to change in chosen portfolio strategy 4 times in a policy term (CIPS - Change in Portfolio Strategy)
· 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