The official website of ICICI prudential is www.iciciprulife.com. ICICI Prudential is one of the trusted firms in India. It offers ICICI Prudential Pinnacle Fund and plans such as Health insurance, Life insurance plans, Retirement & pension plans, ULIPs, Unit Linked Insurance Plans, and Pru Pinnacle Plan.
ICICI Pru Pinnacle means ICICI Prudebtion Pinnacle. This is one type of Unit Linked Insurance Plans (ULIP). This plan gives security against equities along with negative aspect guard. ICICI Pru Pinnacle is a long term security plan. ICICI Pru Pinnacle promises the highest Net Asset Value (NAV) which is recorded on a daily basis. The first 7 years of the Pinnacle fund (fund period is 24th October, 2009 to 24th October, 2016), highest NAV’ as recorded on the daily basis. The assurance will be applicable only after the date of maturity. This policy permits 100% equity coverage and bids limited amount of premium which is divided into 3 years.
ICICI Pru Pinnacle Plan:
| Scenario 1 | Scenario 2
|
|
| Number of Units at maturity
(A) |
50,000 | 50,000 |
| Guaranteed NAV
(B) |
Rs.20 | Rs.20 |
| NAV on maturity date
(C) |
Rs.15 | Rs.25 |
| Guaranteed Value
(A x B) |
Rs 10.0 lacs | Rs 10.0 lacs |
| Fund Value
(A x C) |
Rs 7.5 lacs | Rs.12.5 lacs |
| Higher of (Guaranteed Value, Fund Value) | Rs. 10.0 lacs | Rs. 12.5 lacs |
ICICI Pru Pinnacle at a glance:
| Premium Payment Term | 3 years |
| Minimum Premium | Rs.50,000 per annum |
| Modes of Premium Payment | Half yearly/Yearly |
| Minimum/Maximum Entry Age | 8/ 65 years |
| Policy Term | 10 years |
| Maximum Maturity Age | 75 years |
| Minimum Sum Assured | 5 x Annual Premium |
| Tax Benefit | Premium and any benefit amount received under this policy will be eligible for the tax benefit as per the prevailing Income Tax laws. |
ICICI Pru Pinnacle: UIN 105L095V01
Fund Objective:
| Fund | Asset Mix | Min % | Max % |
| Pinnacle Fund | Equity and Equity Related Securities | 0%; | 100% |
| Debt Instruments and derivatives | 0% | 100% |
Features and benefits of ICICI Prudential Pinnacle Fund:
- Limited premium payment term: pay premiums for only 3 policy years.
- Partial withdrawals: ensures liquidity from the 6th policy year onwards.
- Death benefit: in the unfortunate event of death, the nominee receives higher of Sum Assured (reduced by partial withdrawals) and Fund Value.
- Tax benefits: avail tax benefits on the premiums paid and benefits received under the policy, as per the prevailing Income Tax laws.
- Guaranteed NAV: get the benefit of the highest NAV recorded on a daily basis, in the first 7 years of the fund, at maturity.
- Additional allocation: added to your fund at maturity.
How to buy ICICI Prudential Pinnacle fund?
Investors can buy the plan directly from 2,074 branches including 1,116 offices, 225,000 advisors and 7 declaration partners of ICICI Prudential. You can also download document via internet. For more information, visit www.iciciprulife.com.
Customer Service Desk
ICICI Prudential Life Insurance Company
ICICI Prulife Towers,
1089, Appasaheb Marathe Marg
Prabhadevi, Mumbai-400025
TOLL FREE NUMBER: 1800 22 2020
NRI Contact Details:
Bahrain Representative Office:
1, Ground floor,
Bahrain Chamber of Commerce & Industry,
Bldg No.122,
Road 1605,
P.O.Box 11908
Manama,
Kingdom of Bahrain
Tel: 0973-17500137
Fax: 0973-17500138
Dubai Representative Office:
Plot No: 314 – 315,
Office No: 1 & 2,
Umm Hurair Road,
Bur Dubai,
Dubai,
P.O.Box: 113150
Landline: +971 4 3965747
Fax: +971 4 3965054
EMAIL: eliteservice@iciciprulife.com
PHONE: International Customer Service Helpline: +91 98925 77766
Call Centre Timings: 24 hours, Monday to Saturday (except Indian National holidays)
Normal international calling rates would be applicable.
Read more about : benefits, Features, ICICI, Income Tax, Information, Insurance, Life Insurance, payment
About ICIC Pru Pinncle
1. Will the NAV grow at the rate by which the sensex grow, but not fall when sensex falls.? Analysing the recent growth from 15800 to 17000, ie raise of 1200 ponts the NAV just grown a little.
Pls compare the charts of SENSEX and PinnclFund
2. How to know the NAV reported by the company is what it actual, I mean it can get more profit but show less in NAV