ICICI Pru Pinnacle: Guaranteed NAV

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ICICI Pru Pinnacle is similar to SBI Life’s Smart ULIP and TATA AIG’s Invest Assure apex.

All three plans guarantee the highest NAV on the maturity during the fixed term.

ICICI Pru Pinnacle guarantees highest NAV recorded on daily basis for the first seven years (from 24/10/09 to 24/10/16).

This policy has two distinct features.

1) Addition of amount equal to 3% of fund value (not highest but prevailing NAV on maturity). This will enhance the return further.

2) Unlike other two plans (Smart ULIP and Invest Apex Assure), highest NAV is recorded on daily basis.

Allocation charge:

It is almost similar to other two plans.

14% in first year. 4% and 2% in second and third year respectively.

Other features:

· Partial withdrawal allowed from 6th year.

· Surrender allowed after 3rd year. From 5th year no surrender charges.

· Minimum premium is Rs. 50,000.

· Policy term is 10 years.

· Death benefit: Higher of sum assured (5 times annual premium) or fund value.

Please check out post for

SBI Life’s SMART ULIP: Review

Tata AIG Life InvestAssure Apex: Review

Comparing SBI Smart ULIP and TATA AIG Invest Assure Apex

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2 comments:

Can you please post the comparison report of ICICI pru life pinnacle with SBI Smart ULIP and TATA AIG Invest Assure Apex. And Recommend the best fund among these plans. send your reply at gbhasha(at)gmail (dot)com

Bhargav said...

Hi,

Please follow the link for comparison

http://lifeinsureinfo.blogspot.com/2009/11/comparing-icici-pru-pinnacle-and-sbi.html

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