ICICI Prudential Life Insurance will be launching another unit linked insurance policy, LifeStage RP soon.
This unique and powerful wealth creation insurance solution combines the benefits of automatic asset allocation and quarterly rebalancing along with increased protection. The new fund offer for LifeStage RP starts from August 25, 2007 at unit price of Rs 10.
Risk appetite of individuals? changes with age and responsibility and so should the asset allocation in asset classes such as equity and debt, in order to maximise the benefits and reduce the risks. LifeStage RP enables policyholders to do this, by providing them a unique option of lifecycle based portfolio strategy.
Bhargav Dasgupta, executive director, ICICI Prudential Life Insurance, said, ?LifeStage RP is based on two key customer insights. The first being that risk appetite of individuals depends on their life stage, which is reflected in their asset allocation among various asset classes.?
