Simply choose from our range of Insurance plans below

• LifeCycle based Portfolio Strategy : a unique and personalized strategy to create an ideal balance between equity and debt
• Additional allocation of units : more than 100% allocation to funds on premium payment from the 6th policy year onwards
• Five pension options : provide you the flexibility to choose a annuity (pension) as per your needs
• Tax-free commutation : up to one-third of the accumulated value on vesting (retirement) date

This unit-linked pension plan works in two phases:

• Accumulation Phase : In this phase, you pay premiums towards the Policy and accumulate savings for your retirement.
• Annuity or Pension Phase : In this phase, you start receiving pension from the accumulated amount, as per your chosen pension option.

Benefits in the Accumulation phase

• Additional allocation of units : There will be additional allocation of units every year @ 2% of premium paid starting from the 6th year up to the original vesting date.
• Death benefit : In the unfortunate event of death of the Life Assured during the term of the policy, the nominee shall receive Sum Assured (reduced by partial withdrawalsT&C 3) or Fund Value, whichever is higher.

Benefits during the Annuity (Pension) phase : The accumulated value of your investment will start paying you a regular income in the form of a pension at a frequency and type of annuity option chosen by you. The annuity can be received monthly, quarterly, half-yearly or yearly to suit your own pension planning.

• Choose from FIVE different Annuity (Pension) options
• Choose your Pension Provider (Open Market Option)
• Commutation of Pension Fund

With ICICI Pru Assure Pension, you have the option to choose from two unique portfolio strategies. These are:

• LifeCycle based Portfolio Strategy : Your financial needs are not static in nature, and keep changing with your life stage. You need a pension product which adapts itself to your changing needs. This need is fulfilled by the LifeCycle based Portfolio Strategy. Key features of this strategy are

• Age based portfolio management
• Quarterly rebalancing
• Safety as you approach retirement

• Fixed Portfolio Strategy : If you prefer to actively manage your own investments, we have a Fixed Portfolio Strategy. Under this strategy, you must choose your own asset allocation from any of the eight funds options. You can switch between these funds using our switch option. The details of the funds are given in the table below:

Click here to know more about ULIPs pension product. 

We offer several options for you to buy as per your convenience. Choose from one of the following:

• Buy online in 3 easy steps
• Meet an advisor
• Visit your nearest branch