What is trigger 2 portfolio strategy?
The ‘Trigger Portfolio’ strategy allows a customer to book profits made in the equity market and protects them from any future market volatility. The gains are transferred to a liquid fund (Money Market Fund) thereby ensuring that any future volatility does not erode the value of the accumulated profits.
What is Elite life Super?
ICICI Pru Elite Life Super is a non-participating Unit Linked Life Insurance Plan that helps to grow your money by investing money in 13 different fund options. This ULIP policy also offers a life insurance cover, which ensures the protection of your family in the event of your unfortunate demise.
What is the use of Icici Prudential Life Insurance?
Here, at ICICI Prudential Life Insurance, you pay premiums for a specific term and in return, we provide you with a Life Cover. This Life Cover secures your loved ones’ future by paying a lump sum amount in case of an unfortunate event.
What is lifecycle portfolio strategy?
Life Cycle based Portfolio Strategy Under this, as one age, the allocation in equity funds automatically keeps coming down while allocation in less volatile debt funds keeps increasing. Those who are not sure about the right asset allocation across funds may opt to choose this strategy.
What is fixed portfolio strategy?
The Fixed Portfolio Strategy offers Automatic Transfer Strategy (ATS) to the insured in which a part of investment or all vested money is collected in income fund or money market and then it is transferred in yearly or monthly basis to any of the remaining 7 funds.
What do you know about ICICI Prudential Life Insurance?
There’s this one thing that I know about ICICI Prudential Life Insurance. They make use of aggressive sales tactics to sell their insurance plans. The same strategies have been followed for Elite Life I to Elite Life II, now known as Elite Life Super. Nonetheless, there is nothing super about the plan.
How to boost your wealth with ICICI Pru elite life Super plan?
You can explore the ICICI Pru Elite Life Super Plan that has a lot of benefits and it helps you to boost your wealth. This insurance plan has death benefits and maturity benefits. You are also allowed to take tax deductions through this plan. Your future risks are covered in this plan and you can save a lot of money for your future.
Is ULIP a good investment plan?
ULIP such as “ICICI Elite Life Super” is more of an insurance plan (an extremely expensive plan!) rather than an investment plan. The irony is that when we went to the bank, the manager who sold us this policy was not there anymore.