ICICI Pru Elite Life Final.ppt

An exclusive Unit Linked Insurance Plan for HNIs

1. Introducing
An exclusive Unit Linked Insurance Plan for HNIs
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

2. Key features of ICICI Pru Elite Life
Get best value for money
Optimize returns
Invest as per your risk appetite
Manage your investments
Insure your family
Nine funds with different risk-return profiles
Equity oriented, debt oriented, balanced and Dynamic P/E Fund
Reducing effective Fund Management Charge
Unlimited free switches, ATS & premium redirection
Get higher of Sum Assured or Fund Value on death
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI Prudential Life
Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for presentationtoa prospect or general
public at large.

3. ICICI Pru Elite Life at a glance
Minimum Premium Rs.200,000
PremiumPaymentTerm OnePay&FivePay
Policy Term 10to30years
Sum Assured
OnePay
FivePay
Min / max age at entry
OnePay–0/70years
FivePay–8/70years
Min / max age at maturity18/80years
Age Minimum Sum Assured Maximum Sum Assured
8 to <45 yrs Higher of 10 and (0.5 X Term) As per sustainability matrix
>= 45 yrs 10 As per sustainability matrix
Age at entry Sum Assured
0 to > 60 years 125% of SA
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

4. Reduction of effective FMC
Effective FMC will be reduced by allocating Loyalty
Additions from sixth year onwards
And it will further reduce from 11
th
year onwards
*
1.Benefits of reduced FMC will be passed on by allocating Loyalty Additions at the end of the policy
years
2.This illustration is for all funds other than RGF and Money Market Fund.
3.Also, this illustration does not consider service tax and timing implications. Year FMC Approximate effective FMC*
6 to 10 1.35% 1.10%
11 onwards 1.35% 0.75%
Reduction in FMC is the most efficient way to optimize
returns
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

5. Loyalty Additions
Get rewarded with Loyalty Additions at the end of every policy
year starting from the end of the sixth policy year
It will be a percentage of the average of daily fund values in
that same year
This Loyalty Addition will reduce the effective FMC
*
1.This illustration is for all funds other than RGF and Money Market Fund.
2.Also, this illustration does not consider service tax and timing implications. Year
Loyalty Addition
(% of average Fund Value)
FMC Approximate effective FMC*
6 to 10 0.25% 1.35% 1.10%
11 onwards 0.60% 1.35% 0.75%
Long term customer behavior to be awarded through Loyalty
Additions
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

6. Other benefits
Features Details
Death benefit Higher of Sum Assured or Fund Value
Surrender Allowed after five years without any charge
Partial withdrawal
One partial withdrawal per year starting from sixth
policy year
Top-up
Allowed any time other than the last five years of
the policy term
Investment related
features
Unlimited switches –Unique proposition for HNIs
to manage asset allocation effectively
ATS
Premium redirection
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

7. Charge structure
Charge Details
Premium allocation
charge
One Pay –3%
Five Pay –3% from year 1 to 5
Top-up premium –2%
Policy admin charge
Charged only during the first five policy years
One Pay –Rs. 60 p.m.
Five Pay –Rs. 500 p.m.
Mortality charge
Will be deducted on a monthly basis on the Sum at
Risk.
Sum at Risk = Sum Assured -applicable partial
withdrawals -Fund Value
Miscellaneous
charge
Rs. 250 per alteration
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

8. Fund management charges
Fund FMC p.a.
Maximiser V 1.35%
Opportunities Fund 1.35%
Multi Cap Growth Fund 1.35%
Bluechip Fund 1.35%
Dynamic P/E Fund 1.35%
Multi Cap Balanced Fund 1.35%
Income Fund 1.35%
Money Market Fund 0.75%
This material is strictly meant for circulation within the organization/ solely for training and/or education of the employees of ICICI
Prudential Life Insurance Co. Ltd. or its advisors, corporate agents or brokers and should not be further circulated or used for
presentation to a prospect or general public at large.

9. Thank You