ICICI Pru Group
Nischit Aay Yojana
Guaranteed income as per scheme rules
-
Single premium payment for simplified group administration
-
Flexibility to receive income monthly, quarterly, half-yearly or yearly
-
Flexibility to choose between 3 death benefit options
Why Choose the ICICI Pru Group Nishchit Aay Yojana?
Why Choose the ICICI Pru Group Nishchit Aay Yojana?
Aligns with Central and State land acquisition and resettlement mandates
Enables regular financial support to displaced individuals and families
Reduces administrative burden with a one-time contribution model
Offers adaptable income structures
-
Share via
Why choose ICICI Prudential Life?
Total inforce policies#
7,480
as on 30th September 2025
Number of lives covered
71,32,342**
Over
2 decades
of expertise in Employee Benefits
Claim Settlement Ratio
99.43%*
Claims settlement TAT
1.21 days*
Claims settled
2,265*
Group Sum Assured
₹13,549.97 Bn
#Count of employer-employee policies
** Total number of lives covered under employer-employee inforce policies
*Data for current financial year as on 30th September’2025
Source – Quarterly IRDAI public disclosures. Please refer to Public Disclosure section on ICICI Prudential website for more details
Connect with our relationship manager
Frequently asked questions
-
What is the premium payment mode under this plan?
ICICI Pru Group Nishchit Aay Yojana operates on a single premium payment model, where the full contribution is made at the beginning of the policy.
-
What is the minimum and maximum premium amount?
The plan starts with a minimum premium of ₹ 1,00,000. There is no upper limit, which allows flexibility to structure benefits based on the number of members, payout amounts and policy term.
-
What is the minimum group size required to purchase this plan?
To initiate this group policy, a minimum of 10 individuals must be enrolled. It aligns with group-based compensation objectives, especially for formal institutional setups like PSUs or government bodies.
-
What is the eligible age range for members?
The plan allows coverage for individuals from birth (0 years) up to 99 years of age. This broad eligibility makes it suitable for covering dependents, working-age individuals and elderly members affected by land acquisition or resettlement.
-
What is the policy term offered under this plan?
The minimum policy term is 1 year. The term can be tailored according to the scheme’s goals, whether that’s short-term compensation or extended financial support for beneficiaries.
-
What is the minimum sum assured per member?
Each member is entitled to a minimum sum assured of ₹ 10,000. Final values are subject to underwriting and scheme design.
Disclaimer
- ^Tax benefits under the policy are subject to conditions and other provisions 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 made thereto from time to time. Please consult your tax advisor for details, before acting on above.
- ICICI Prudential Life Insurance Company Limited is only the name of the Life Insurance Company and ICICI Pru Group Nischit Aay Yojana is only the name of the insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns
- © ICICI Prudential Life Insurance Co. Ltd. All rights reserved. Registered life insurance company with IRDAI, Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-25. Helpline number (Toll free)- 1800 2660. For more details on the risk factors, term and conditions please read the product brochure carefully before concluding the sale.
- ICICI Pru Group Nischit Aay Yojna – UIN: .
- ADVT: W/II/1353/2025-26
Thank you for showing interest!
Your records have been saved successfully
