ICICI Pru SmartKid ULRP

ICICI Prudential's SmartKid is a fixed-term insurance plan that provides you with funds at regular intervals. The plan also keeps your family financially secure should an untoward event ever occur. Features and benefits of SmartKid SmartKid offers an exclusive choice of 3 education insurance plans: SmartKid New Unit-linked Regular Premium, SmartKid New Unit-linked Single Premium and SmartKid Regular Premium. Take a look at the features and benefits of each plan:   1.SmartKid New Unit-linked Regular Premium  UIN 105L058V01   SmartKid New Unit-linked Regular Premium is a unit-linked plan, which enables you and your child to accumulate wealth by virtue of the performance of the underlying market-linked instrument. Take a look at the features of the plan:   Premium: The minimum premium to be invested is Rs. 10,000 per annum. After deducting premium allocation charges from the premium, the remaining amount will be invested in a fund of your choice.   Sum Assured: The minimum Sum Assured is 5 times of Annual Premium, subject to a minimum of Rs 1 Lac   Policy term: The term of the policy will be calculated as the difference between your child's current age and the age of your child when the policy matures.   Mortality, Policy Administration charges: These and other charges will be deducted from the units in the fund. 2. SmartKid New Unit-linked Single Premium UIN 105L059V01   SmartKid New Unit-linked Single Premium works in much the same way as SmartKid New Unit-linked Regular Premium policy mentioned above. The only different feature is the premium amount-you will be required to pay only a single premium, which starts at as low as Rs. 50,000.   Additional Features and Benefits Common to All 3 Plans    Regular payouts: As your child approaches key educational milestones such as 12th standard or graduation exams, he or she will receive regular payouts, guaranteeing he or she continues to study, no matter what the circumstance.   Death Benefit: Your child will receive the Sum Assured immediately, should something happen to you. ICICI Prudential will pay the remaining premiums, ensuring your child continues to receive policy benefits, as always.   Income Benefit Rider: You can choose to add the benefits of this rider to your child's education plan. Should you depart before your son's or daughter's education is complete, you child will receive 10% of Rider Sum Assured, for the balance term of the policy.   Add-on riders: 'Accidental Death and Disability Rider' and 'Waiver of Premium Rider' ensure your child stays doubly protected, at all times. You can choose to add these to your child's education policy.   Tax benefits: Premiums you pay for a SmartKid policy are eligible for tax savings [u/s 80(C)]. Maturity and death benefits are eligible for tax exemptions [u/s 10(10D)]. 3. SmartKid Regular Premium UIN 105N014V02   Flexible investment option: Choose the amount of premium with which you wish to safeguard your child's education.   Flexible policy tenure: The tenure of the plan will be calculated as the difference between your child's current age and his or her age at which the policy matures.   Flexible premium options: The premium will be calculated based on 3 factors: Sum Assured, policy tenure and your age.   Guaranteed bonus: A guaranteed bonus of 3.5% per annum is declared for the first 4 premium paying years plus an annual vested bonus declared in subsequent years.   Fund options available with ICICI Pru SmartKid ULRP Maximiser II (This Fund shall not be available for investment to those policyholders whose application is received at the Company's office after February 22, 2008) Objective: To provide long-term capital appreciation through investments primarily in equity and equity-related instruments. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 100 75 Debt, Money market & Cash 25 0 Potential Risk- Reward profile of the Fund: High Balancer II Objective: To provide a balance between long-term capital appreciation and current income through investment in equity as well as fixed income instruments in appropriate proportions depending on market conditions prevalent from time to time. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 40 0 Debt, Money market & Cash 100 60 Potential Risk- Reward profile of the Fund: Moderate Protector II Objective: To provide accumulation of income through investment in various fixed income securities. The Fund seeks to provide capital appreciation while maintaining a suitable balance between return, safety and liquidity. Indicative Portfolio Allocation Max (%) Min (%) Debt Instruments, Money Market & Cash 100 100 Potential Risk- Reward profile of the Fund: Low Preserver Objective: To provide suitable returns through low risk investments in debt and money market instruments while attempting to protect the capital deployed in the fund. Indicative Portfolio Allocation Max (%) Min (%) Debt, Money market & Cash 50 0 Equity & equity related securities 100 50 Potential Risk- Reward profile of the Fund: Capital Preservation Flexi Growth II Objective: To generate Superior long- term returns from a diversified portfolio of equity and equity related instruments of large, mid and small cap companies. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 100 80 Debt, Money market & Cash 20 0 Potential Risk- Reward profile of the fund: High Flexi Balanced II Objective: To achieve a balance between capital appreciation and stable returns by investing in a mix of equity and equity related instrument of large, mid and small cap companies and debt and debt related instruments. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 60 0 Debt, Money market & Cash 100 40 Potential Risk- Reward profile of the fund: Moderate Multiplier II (This Fund shall be available for investment to those policyholders whose application is received at the Company's office on or after February 23, 2008) Objective: To provide long-term capital appreciation from an equity portfolio predominantly invested in NIFTY scrips. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 100 80 Debt, Money market & Cash 20 0 Potential Risk – Reward profile of the fund: High R.I.C.H. II (This fund shall be available for investment to those Policyholders whose application is received at the Company's office on or after March 15, 2008) Objective: To generate superior long-term returns from a diversified portfolio of equity an equity related instruments of companies operating in four important types of industries viz., Resources, Investment-related, Consumption-related and Human capital leveraged industries. Indicative Portfolio Allocation Max (%) Min (%) Equity & equity related securities 100 80 Debt, Money market & Cash 20 0 Potential Risk-Reward profile of the fund: High Return Guarantee Fund (RGF) Objective: The fund seeks to provide guaranteed returns through investment in a diversified  portfolio of high quality fixed income instruments. Portfolio Allocation Max (%) Min (%) Debt, Money market & Cash 100 100 Risk-Reward Profile of the Fund: Low   Disclaimer : © 2009, ICICI Prudential Life Insurance Co. Ltd Registered Address: - ICICI Prulife Tower, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025; Reg No: - 105 Insurance is the subject matter of the solicitation. For more details on the risk factors, term and conditions please read sales brochure carefully before concluding the sale. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values and the customer shall be responsible for his/her decision. The names of the Company, Product names or fund options do not indicate their quality or future guidance on returns. Funds apart from return guarantee fund do not offer guaranteed or assured returns. Investments are subject to market risk. In this policy, the investment risk in the investment portfolio is borne by the policy holder. Tax benefits are as per the Income Tax Act, 1961, and are subject to any amendments made thereto from time to time. Service tax & education cess will be charged extra as per applicable rates. Tax laws are subject to amendments from time to time. Advt number: W/II/126/2008-09 Lifestage Pension: Form No U49: UIN 105L075V01, Lifetime Gold: Form No. – U53, UIN: 105L077VO1; Lifetime Super Pension: No. – U40, UIN: 105A019V01; Lifestage RP: No. – U48, UIN: 105L073V01; LifeLink Super : UIN 105L053V01; ICICI Pru Health Saver UIN 105L087V01; LifeLink Super Pension UIN:105L057V01; Premier Life Pension UIN - 105L074V01