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  • Key Benefits of Icici Pru Elite Wealth Ii: An Exclusive Unit Linked Insurance Plan For Hnis

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    This document summarizes the key benefits of the ICICI Pru Elite Wealth II exclusive unit linked insurance plan for high net worth individuals. It provides loyalty additions of 0.4-0.6% of fund value starting from year 6, and wealth boosters of 1% of average fund value every 5 years starting from year 10. Policyholders can choose from 7 funds across equity, debt, and balanced categories and manage investments through unlimited free switches. The plan provides life insurance cover and tax benefits under sections 80C and 10(10D).

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    This document summarizes the key benefits of the ICICI Pru Elite Wealth II exclusive unit linked insurance plan for high net worth individuals. It provides loyalty additions of 0.4-0.6% of fund value starting from year 6, and wealth boosters of 1% of average fund value every 5 years starting from year 10. Policyholders can choose from 7 funds across equity, debt, and balanced categories and manage investments through unlimited free switches. The plan provides life insurance cover and tax benefits under sections 80C and 10(10D).

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    28 views1 page

    Key Benefits of Icici Pru Elite Wealth Ii: An Exclusive Unit Linked Insurance Plan For Hnis

    Uploaded by

    FC KSK
    This document summarizes the key benefits of the ICICI Pru Elite Wealth II exclusive unit linked insurance plan for high net worth individuals. It provides loyalty additions of 0.4-0.6% of fund value starting from year 6, and wealth boosters of 1% of average fund value every 5 years starting from year 10. Policyholders can choose from 7 funds across equity, debt, and balanced categories and manage investments through unlimited free switches. The plan provides life insurance cover and tax benefits under sections 80C and 10(10D).

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    © All Rights Reserved
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    of 1

    An exclusive Unit Linked Insurance Plan for HNIs

    Key Benefits of ICICI Pru Elite Wealth II


    • Get Best value for Money- Low Charge structure

    • Optimise Returns- More returns per premium through loyalty additions & Wealth Booster
    reducing effective Fund Management Charge.

    • Loyalty Addition – Units allocated at end of every year starting from the end of sixth policy
    year. Each loyalty addition will be a percentage Fund Value including Top up value if any.

    Year Loyalty Addition/ year


    6-10 0.40%
    11 onwards 0.60%

    • Wealth Booster: Wealth Boosters is allocated as extra units at the end of every fifth policy year
    starting from the end of the tenth policy year. Each addition will be equal of 1% of the the
    average Fund value(on the last business day of the last eight policy quarters)

    • Invest as per your risk appetite – 7 Funds across Equity , Debt and Balanced

    • Manage your investments- unlimited Free switches, capitalize on returns though tax efficient
    switching from Debt to Equity etc.

    • Insure Your Family- Get higher of Lifecover (SA) 911111or Fund Value on death

    • Flexibility in Premium Payment: Pay Premiums for a limited period or entire policy term

    • Automatic Transfer Plan: This allows your money to get systematically transferred from Debt
    fund to Equity fund and earn higher returns. There would be no additional charges for ATP.

    • Tax Benefits : Avail Tax benefit on premium paid under Sec 80 C and get Maturity Tax free
    under sec 10(10D)

    Elite Wealth II -Funds and Returns


    Since Inception
    Fund Name NAV 1 Month 6 Month 1 Year 2 Year 3 Year 5 Year
    Category Inception Date
    Blue chip Fund 17.5423 3.17% 1.31% 29.22% 2.40% 15.43% 10.97% 8.08% 24-Nov-09
    Maximiser V Fund 20.8957 3.35% 3.17% 29.14% 1.57% 14.97% 13.77% 14.36% 29-Aug-11

    Multicap Growth Fund 22.1553 3.25% 2.30% 31.01% 6.16% 20.95% 14.88% 11.61% 24-Nov-09

    Equity Funds Opportunities Fund 20.2998 3.22% 1.99% 27.34% 3.78% 17.88% 13.59% 10.26% 24-Nov-09

    Balanced Fund Multicap Balanced Fund 19.9573 1.30% 3.24% 23.59% 5.95% 15.51% 13.02% 10.00% 24-Nov-09
    Income Fund 18.6937 -1.45% 3.26% 12.45% 8.34% 10.89% 9.62% 9.00% 24-Nov-09
    Debt Funds Money Market Fund 17.6884 0.52% 3.50% 7.39% 7.69% 8.14% 8.53% 8.16% 24-Nov-09

    # Funds and Returns- as of 28th Feb, 2017, NAV -6/3/2017, Source- Ipru Website,

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