Terms & Conditions- ICICI Pru Future Perfect (Non-linked Participating Life Individual Savings Product)
- Capital protection1 + Growth of money*
1 Capital protection is in the form of Guaranteed Maturity Benefit and Guaranteed Additions
Guaranteed maturity benefit (GMB): GMB will be set at policy inception and will depend on policy term, premium, premium payment term, SUM assured on death and gender. Your GMB may be lower than your sum assured on death. Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity
GA - Guaranteed additions (GAs) totaling 5% of GMB each year will accrue during the first five policy years if all premiums are paid. Gas accrue on payment of due premium
- 2 Live Cover. On maturity, you will receive higher of assured benefit or fund value. Assured value will be 101% of total premium paid which is applicable only on maturity of the policy and does not apply on death or surrender
- 3 Tax benefits – Tax benefits under the policy are subject to conditions under Sec. 80C and Sec 10(10D) of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time
ICICI Prudential Life Insurance Company Limited. IRDAI Regn. No. 105. CIN: L66010MH2000PLC127837. Registered Address: ICICI PruLife Towers, 1089, AppasahebMarathe Marg, Prabhadevi, Mumbai - 400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Trade Logo displayed above belongs to ICICI Bank Limited & Prudential IP Services Limited and used by ICICI Prudential Life Insurance Company Limited under license. Call us on 1860-266-7766 (10 am - 7 pm, Monday to Saturday, except national holidays and valid only for calls made from India)
