ICICI Pru Life Stage Assure:

You being an average person, you might not know the ins and outs of a good financial planning process.  You may not know when best to invest your money in the equity markets and how to gain as much profit as possible from it. 

ICICI brings forward a plan called the ICICI Pru Life Stage Assure which maintains this job for you and sees to it that you get your guaranteed returns whenever the market is running a profit and also mitigates the effect of loss when the market is down. 

By this initiative your investment is given a chance of developing into a huge corpus by the time it matures.

The ICICI Pru Life Stage Assure recommends,
This policy offers two choices of portfolio strategies. They are Life Cycle Based portfolio strategy and Fixed portfolio strategy. According to the first choice, your money is reallocated between the various resources based upon your need.

One of the functions of this policy is to act as a buffer for your first investment against the indefiniteness in the market.  It also secures your premiums after that so that they can obtain profits from the market in the years to come.

This plan offers a guaranteed maturity addition which ranges from one hundred percent to four hundred and fifty percent for the investment of your first premium.

When your investment matures, if you do not wish to withdraw the full amount at once, you have the option of withdrawing it gradually over a period of five years.  If the life insured dies during the policy term, his beneficiary is eligible to receive the sum assured and also the fund value.

When you need to take a break in paying your premiums you are allowed to do this, but still during that break period you will be given life cover by the policy.

By providing the above facilities in one single plan, the ICICI Pru Life Stage Assure is truly a plan which is in high demand in the insurance policy market.