IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDERU
+There is no premium allocation charges in Signature Online. Amount equal to total of mortality charges and policy administration charges deducted in the policy will be added back to the fund value at maturity, provided all due premiums have been received. This amount will be allocated among the funds in the same proportion as the value of total units held in each fund at the time of allocation. This shall exclude any extra mortality charges and taxes levied on the charges deducted as per prevailing tax laws. Return of Mortality Charges and Policy Administration Charges is not applicable for Whole Life option.
*Tax benefits under the policy are subject to conditions prescribed under Sections 80C, 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cess (if any) will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for more details.
2Wealth Boosters equal to 3.25% of the average of the Fund Values including Top-up Fund Value, if any, on the last business day of the last eight policy quarters will be allocated as extra units to your policy at the end of every 5th policy year starting from the end of 10th policy year till the end of your policy term.
3Systematic Withdrawal Plan is allowed only after the first five policy years. The total withdrawals in a policy year cannot exceed 20% of the fund value.
5Switches are only applicable for fixed portfolio strategy and not applicable for other portfolio strategies.
6ICICI Pru Signature awarded Best ULIP policy of the Year 2021 by Business Today – Money Today. Source: www.businesstoday.in/magazine/money-today/cover-story/the-top-rung/story/434160.html
URisk factors and warning statements
- Linked insurance products/ annuity products with variable pay-out options are different from traditional insurance products and are subject to the risk factors.
- The premium paid in linked insurance policies are subject to investment risks associated with capital markets and publicly available index. The NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market/ publicly available index and the insured is responsible for his/her decisions.
- ICICI Prudential Life Insurance in only the name of the Life Insurance Company and ICICI Pru Signature Online is only the name of the linked insurance contract and does not in anyway indicate the quality of the contract, its future prospects or returns.
- Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
- The various funds offered under this contract are the names of the funds and do not in any way, indicate the quality of these plans, their future prospects and returns
^The minimum Top-up premium is ₹2,000. At any point during the term of the policy, the total Top-up premiums paid cannot exceed the sum of base premium(s) paid till that time.
~The statements given in the “Good To Know” section are the suggestions on investment and are not to be considered as the strict rules on investing
T58.1 mn lives covered across our individual and group customers as per ICICI Prudential Life Council Report
9As per Financial Statements (Schedule 4- Benefits paid (Gross)) of the company, benefits paid since inception up to March 31, 2024
7Data regarding AUM is as per Annual Report of the Company for FY2024.
++All life Insurance policies purchased from October 12,2020 to March 31,2021 are eligible for the Leave Travel Concession (LTC) Cash voucher scheme.
/Life Cover is the benefit payable on the death of the life assured during the policy term.
**Return shown as on date 31-August-2024.
ARR : Assumed Rate of Return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get. As the value of the policy depends on a number of factors including future investment performance.”
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Bluechip Fund | ULIF 087 24/11/09 LBluChip 105 |
Focus 50 Fund | ULIF 142 04/02/19 FocusFifty 105 |
India Growth Fund | ULIF 141 04/02/19 IndiaGrwth 105 |
Maximise India Fund | ULIF 136 11/20/14 MIF 105 |
Maximiser Fund V | ULIF 114 15/03/11 LMaximis5 105 |
Mid Cap Fund | ULIF 146 28/06/22 MidCapFund 105 |
Multi Cap Growth Fund | ULIF 085 24/11/09 LMCapGro 105 |
Opportunities Fund | ULIF 086 24/11/09 LOpport 105 |
Sustainable Equity Fund | ULIF 145 03/06/21 SustainEqu 105 |
Value Enhancer Fund | ULIF 139 24/11/17 VEF 105 |
Mid Cap Index Fund | ULIF 149 050723 McIndxFund 105 |
Mid Cap 150 Momentum 50 Index Fund | ULIF 151 180124 McMomentum 105 |
Multicap 50 25 25 Index Fund | ULIF 152 220224 MultiCapIF 105 |
MidSmall Cap 400 Index Fund | ULIF 153 150424 MidSmal400 105 |
Active Asset Allocation Balanced Fund | ULIF 138 15/02/17 AAABF 105 |
Balanced Advantage Fund | ULIF 144 03/06/21 BalanceAdv 105 |
Multi Cap Balanced Fund | ULIF 088 24/11/09 LMCapBal 105 |
Mid Cap Hybrid Growth Fund | ULIF 147 050123 MCHybrdGrt 105 |
Constant Maturity Fund | ULIF 148 050123 ConstntMat 105 |
Income Fund | ULIF 089 24/11/09 LIncome 105 |
Secure Opportunities Fund | ULIF 140 24/11/17 SOF 105 |
Money Market Fund | ULIF 090 24/11/09 LMoneyMkt 105 |
<ClaimForSure: 1 Day Death Claim Settlement is available for the following:
a) Policies that have been active for 3 consecutive years. All due premiums in the policy have been paid and the policy has been active for 3 consecutive years preceding life assured's death.
b) All mandatory claim documents are submitted at the branch. Mandatory documents to be submitted at Branch Office-Claimant statement form,Original policy certificate,Copy of death certificate issued by local authority, AML KYC documents-Nominee's recent photograph, Copy of Nominee's pan card,Nominee's current address proof, photo identity proof, Cancelled cheque/Copy of bank passbook,Copy of medico legal cause of death,Medical records (Admission notes,Discharge/Death summary,Test reports, etc). For accidental death-Copy of FIR, Panchnama,Inquest report,Postmartem report,Driving license.
c) Total claim amount of all the life policies held by the Life Assured <=₹ 1.5 Crore
d) Claim does not require any on-ground investigation
<1 Day is a working day, counted from date of receipt of all relevant documents from the claimant, additional information sought by the Company and any clarification received from the claimant. The Company will be calling the claimants for verification of information submitted by the Claimant which will also be considered as part of relevant documents. Working day will be counted as Monday to Friday and excluding National holidays/Bank holidays/Public holidays.
9Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. In case of breach in regulatory turnaround time, interest will be paid as per IRDAI regulations.
Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.
Unit Linked products are different from traditional insurance products and are subject to the risk factors.
The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/ her decisions.
ICICI Prudential Life Insurance is only the name of the Life Insurance Company and ICICI Pru Signature is only the name of the unit linked insurance product and does not in any way indicate the quality of the product, its future prospects and returns.
Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the Insurance company.
The various funds offered under this product are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
Comp code.- COMP/DOC/Oct/2024/2510/7481
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. For enquires related to new policies purchased online, please call us on 18002660 and select option 4 on our Interactive Voice System. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. ICICI Pru Signature UIN:105L177V07. Advt. No.: W/II/1197/2024-25
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.