ICICI Pru Group Unit Linked
Superannuation
Choice of 5 fund options
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Minimum 100% capital guarantee on contributions
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Tax benefits^ as per prevailing laws
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Policy value-based loyalty additions
Why choose the ICICI Pru Group Unit Linked Superannuation?
Why choose the ICICI Pru Group Unit Linked Superannuation?
No allocation or surrender charges
Potential to grow your funds through market-linked returns
Allows premium redirection, Automatic Transfer Strategy (ATS) and unlimited fund switching to maximise returns based on market trends
Simplifies financial planning for superannuation funds
Provides tax benefits^, adding financial efficiency to the funds
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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
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Frequently asked questions
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What are the investment fund options under the ICICI Pru Group Unit Linked Superannuation Plan?
Companies can choose from several funds with varying combinations of debt, equity, and money markets & cash options.
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How many members can be covered in the ICICI Pru Group Unit Linked Superannuation Plan?
You can include any number of members between the ages of 20 and 85 years.
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Can the Company taking the policy, change the allocation of contributions or switch funds under the ICICI Pru Group Unit Linked Superannuation Plan?
Yes, under the ICICI Pru Group Unit Linked Superannuation Plan, the company can switch funds without incurring any additional cost.
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How can non-formal groups buy the ICICI Pru Group Unit Linked Superannuation Plan?
ICICI Pru GULS is available only for corporates (employer-employee groups) to administer their Superannuation Schemes or via Superannuation Trusts. However, ICICI Prudential offers other group plans for non-formal groups.
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What are the Fund Management Charges (FMC) for the different funds under the ICICI Pru Group Unit Linked Superannuation Plan?
FMC charges are as per the terms mentioned in the Master policy. These charges are subject to change with IRDAI approval and will be notified to the Master Policyholder in advance.
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How are the claims of the ICICI Pru Group Unit Linked Superannuation Plan settled?
All claims are settled according to the Scheme Rules in consultation with the Master Policyholder.
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What are Defined Benefit (DB) and Defined Contribution (DC) schemes?
A "defined benefit" scheme is where the employer guarantees a specific retirement payout based on a pre-determined formula, usually considering factors like years of service, final salary, and sometimes age.
A defined contribution (DC) scheme is where the contributions, either from the employer, employee, or both, are predetermined. The final value of the retirement fund depends on the accumulated contributions and their investment returns. Unlike defined benefit plans, the employee or employer does not guarantee a specific retirement income; instead, the final benefit is based on the investment performance of the account.
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How are Defined Benefit (DB) and Defined Contribution (DC) schemes different?
In DB, there is a single scheme account linked to the policy attributable to the Master policyholder. In DC, there are separate Member Accounts linked to the policy attributable to the members. The Master policyholder can make contributions to the Scheme Account as well as Member Accounts.
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 Unit Linked Superannuation 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.
- In ULIPs, the investment risk in the investment portfolio is borne by the policyholder.
- Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
- 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 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.
- Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
- © 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, terms and conditions please read the product brochure carefully before concluding the sale.
- ICICI Pru Group Unit Linked Superannuation - UIN: .
- ADVT: W/II/1187/2025-26
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