ICICI Pru iProtect Smart
*Accelerated Critical Illness Benefit (ACI Benefit) is up to Rs.1 Crore (Subjected to underwriting guidelines). Accelerated Critical Illness Benefit (ACI Benefit) is optional and available under Life & Health and All in One options. This benefit is payable, on first occurrence of any of the 34 illnesses covered. Medical documents confirming diagnosis of critical illness needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed critical illness. The ACI Benefit, is accelerated and not an additional benefit which means the policy will continue with the Death Benefit reduced by the extent of the ACI Benefit paid. The future premiums payable under the policy will reduce proportionately. If ACI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the ACI Benefit. To know more in detail about ACI Benefit, terms & conditions governing it, kindly refer to sales brochure. ACI Benefit term would be equal to policy term or 30 years or (75-Age at entry), whichever is lower.
**Accidental Death benefit (ADB) is up to Rs. 2 Crores(Subjected to Underwriting guidelines). ADB is available in Life Plus and All in One options. In case of death due to an accident Accidental Death Benefit will be paid out in addition to Death Benefit. Accidental Death Benefit term will be equal to the policy term or (80-Age at entry), whichever is lower.
# A discount as mentioned below, will be offered on first year’s premium of Death Benefit, Terminal Illness and Waiver of Premium on permanent disability (excluding rider premiums, underwriting extra premiums and taxes) to salaried customers opting for sum assured greater than or equal to ₹ 10,000,000:
| Premium Payment Option |
Discount |
|---|
| Limited Pay |
15% |
| Regular Pay |
10% |
^ Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) 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 Pru iProtect Smart UIN . W/II/0884/2024-25
ICICI Pru Signature Online
The 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 Linked Insurance Products completely or partially till the end of the fifth year.
1Amount 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.
2Systematic Withdrawal Plan is allowed only after the first five policy years. UIN:
4Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) 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 the above policy years. UIN:
i. Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
ii. 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.
iii. ICICI Prudential Life Insurance Company Limited is 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 any way indicate the quality of the contract, its future prospects or returns.
iv. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
v. 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.
ICICI Pru Signature (UIN: )
E/II/0971/2024-25
ICICI Pru Signature
The 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 Linked Insurance Products completely or partially till the end of the fifth year.
* The total of Premium Allocation Charges (excluding Top-up premium allocation charges) deducted in the policy net of taxes will be added back to the Fund Value at the end of 10th policy year. The same amount will be added again at the end of every 5th policy year thereafter.
^Value Benefit is 5% of the annual premium and will be added to the fund value as extra units on receipt of 2nd year’s premium for Premier Plan and on receipt of 2nd year and 6th year’s premiums for Exclusive Plan. For non-annual modes of premium payment, value benefit will be added as and when modal premiums are received for Premier and Exclusive plan option.
| Policy Year |
Plan option |
|---|
| Premier |
Exclusive |
|---|
| 2 |
5% |
5% |
| 6 |
- |
5% |
Value Benefit in 6th policy year is not applicable for premium payment term of 5 years.
Value Benefit is not applicable for Single Pay policies and on top-up premiums.
Value Benefit 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.
~ Systematic Withdrawal Plan is allowed only after the first five policy years, provided the monies are not in the discontinued policy fund.
i. Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
ii. 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.
iii. ICICI Prudential Life Insurance Company Limited is only the name of the Life Insurance Company and ICICI Pru Signature is only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
iv. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
v. 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.
UIN:
E/II/0972/2024-25
ICICI Pru1 Wealth
The 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 Linked Insurance Products completely or partially till the end of the fifth year.
* Sum Assured multiples in between the minimum and maximum limits are not available
| Age at entry last birthday |
Minimum Sum Assured |
Maximum Sum Assured |
|---|
| ≤ 40 years |
1.25 times Single Premium |
10 times Single Premium |
| 41 to 49 years |
1.25 times Single Premium |
5 times Single Premium |
| ≥ 50 years |
1.10 times Single Premium |
1.25 times Single Premium |
^ Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) 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.
i. Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
ii. 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.
iii. ICICI Prudential Life Insurance Company Limited is only the name of the Life Insurance Company and ICICI Pru1 Wealth is only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
iv. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
v. 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.
^^ Nothing herein contained shall operate to destroy or impede the right of any creditor to be paid out of the proceeds of any policy of assurance, which may have been effected with intent to defraud creditors. In case of any third party claim in the Courts of India with regards to the insurance proceeds, the amount shall be subject to the judiciary directions. Please seek professional legal advice for the applicability of this provision. ICICI Pru1 Wealth UIN: ADVT: E/II/0923/2024-25.
ICICI Pru LifeTime Classic
The 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 Linked Insurance Products completely or partially till the end of the fifth year.
* The Policyholder can have funds in only one of the Portfolio Strategies. ** The Company will allocate extra units as below provided all due premiums have been paid:
| Premium payment term |
loyalty Additions |
Wealth Boosters |
|---|
| EOY 6 Years Onwards |
(End of every 5th year, starting from the end of 10th policy year) |
|---|
| Limited Pay and Regular pay |
0.15% |
1% |
| Single Pay |
0.25% |
1.5% |
- For single pay policies with a policy term of 5 years, a loyalty addition of 0.25% of the average of daily Fund Values, including Top-up Fund Value, if any, in that same policy year, will be payable at the end of the fifth policy year
- Each Loyalty Addition will be a percentage of the average of daily Fund Values including Top-up Fund Value, if any, in that same policy year as mentioned in the table above.
- Wealth Boosters will be a percentage of the average Fund Values including Top-up Fund Value, if any, on the last business day of the last eight policy quarters.
- Loyalty Additions and Wealth Boosters 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.
- The allocation of Loyalty Additions and Wealth Boosters is guaranteed and shall not be revoked by the Company under any circumstances.
- If the premium payment is discontinued any time after 5 years, the number of years for which premiums have been paid will be considered as the premium paying term for the purpose of deciding the Loyalty Additions & Wealth Boosters to be paid for the rest of the policy term as per the table above.
^Tax benefit of `46,800 is calculated at highest tax slab rate of 31.2% (including Cess excluding surcharge) on life insurance premium u/s 80C of `1,50,000. Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) 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.
i. Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
ii. 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.
iii. ICICI Prudential Life Insurance Company Limited is only the name of the Life Insurance Company and ICICI Pru LifeTime Classic is only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
iv. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
v. 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.ICICI Pru LifeTime Classic UIN ICICI Pru Unit Linked Accidental Death Rider UIN E/II/0954/2024-25
ICICI Pru Smart Life Plan and ICICI Pru SmartCouple Plan with ICICI Pru Smart Life
*Under this benefit, following the date of death of the life assured, provided all due premiums have been paid, units equivalent to the installment premium will be allocated by the Company on the subsequent premium due dates. This benefit is not applicable for the One Pay option. On death of the Life Assured, the following conditions apply:
- The Fund Value including Top up Fund Value, if any, will remain invested in the respective funds and portfolio strategies as on date of death of the Life Assured.
- Only the Fund Management Charge and Policy Administration Charge will be levied. Units will be allocated as if Premium Allocation Charges are being deducted. Life Insurance Cover will not apply and mortality charges will not be deducted.
- The policy cannot be surrendered. No policy alterations will be allowed. The Nominee will not be eligible for making partial withdrawals, paying top up premiums, performing switches, renewing Automatic Transfer Strategy (ATS), redirecting premium, effecting a change in portfolio strategy, opting for settlement option, increasing or decreasing premium payment term, increasing or decreasing Sum Assured, increasing or decreasing policy term.
**Loyalty Additions are applicable from the 6th policy year onwards in the form of extra units at the end of every policy year. Each Loyalty Addition will be equal to 0.25% of the average of the Fund Values. You get an additional Loyalty Addition of 0.25% every year from the end of year 6 if all premiums for that year have been paid. Wealth Boosters will be allocated as extra units at the end of every 5th policy year starting from the end of the 10th policy year. Each Wealth Booster will be 3.25% for Limited/Regular Pay policies and 1.5% for Single Pay policies of the average of the Fund Values.
ICICI Pru Guaranteed Income For Tomorrow (Long-term)
1Guaranteed Income will be payable subject to all due premiums being paid. ICICI Pru Guaranteed Income For Tomorrow (Long-term) offers four plan options namely 'Income' and 'Income with 110% ROP'. The customer can choose any plan option from the four available options. Please refer to the product brochure for more details.
2This benefit is available under Income with 110% ROP plan option.
3Life insurance cover is the benefit payable on death of the life assured during the policy term.
4Tax benefits under the policy are subject to prevailing conditions and 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 Pru Guaranteed Income For Tomorrow (Long-term) UIN
ICICI Pru Guaranteed Income For Tomorrow (Long-term) POS
1Guaranteed Income will be payable subject to all due premiums being paid.
2This benefit is available under Assured Income with 110% ROP plan option.
3Life insurance cover is the benefit payable on death of the life assured during the policy term.
4Tax benefits under the policy are subject to prevailing conditions and 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 Pru Guaranteed Income For Tomorrow (Long-term) UIN . ADVT: W/II/1690/2022-23
ICICI Pru Guaranteed Income For Tomorrow
1A guaranteed lump sum or regular income will be payable based on the plan option selected.
2This benefit is available under the Early Income plan option.
3Life insurance cover is the benefit payable on death of the life assured.
4Tax benefits under the policy are subject to conditions under Section 80C, 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services tax and cesses (if any) will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time. Please consult your tax advisor for details, before acting on above. ICICI Pru Guaranteed Income For Tomorrow UIN
ICICI Pru Savings Suraksha
*Your Guaranteed Maturity Benefit (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 Additions (GAs) totaling 5% of GMB each year will accrue during the first five policy years if all due premiums are paid. GAs accrue on payment of due premium.
**Reversionary bonuses may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonuses will be applied through the compounding bonus method. All reversionary bonuses will be declared as a proportion of the sum of the GMB and the vested reversionary bonuses, if any. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. A terminal bonus may also be payable at maturity or on earlier death.
^Tax benefits as per prevailing tax laws. Tax laws are subject to amendment from time to time. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. ICICI Pru Savings Suraksha UIN ADVT: W/II/0961/2024-25
ICICI Pru Assured Savings Insurance Plan
^Guaranteed Additions (GAs) rate will be 9% for policy term of 10 years, 10% for policy terms of 12 & 15 years and 11% for policy term of 16 & 20 years. GAs will be added to the policy at the end of every policy year if all due premiums have been paid. Each GA will be calculated as GA rate multiplied by the total premiums paid till date (excluding extra mortality premiums, Goods & Services Tax and Cess (if any)).
~Guaranteed Maturity Benefit (GMB): Your GMB will be set at policy inception and will depend on policy term, premium, premium payment term, age and gender.
*Tax benefit of ₹ 46,800 is calculated at highest tax slab rate of 31.2% (including Cess excluding surcharge) on life insurance premium u/s 80C of ₹ 1,50,000.Tax benefits under the policy are subject to conditions under Section 80C, 10(10D) , Sec 115BAC and other provisions of the Income Tax Act, 1961. Goods & Services Tax and Cess (if any) will be charged extra by redemption of units, as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. All policies issued from April 1, 2012, with sum assured (cover on death) less than 10 times of annual premium will not be eligible for tax benefit u/s 10(10D). Further tax benefit u/s 80C will be limited only up to 10% of Sum Assured. Please seek professional tax advice for applicability of tax benefits on premiums paid and benefits received. ICICI Pru Assured Savings Insurance Plan UIN: A Non-Participating Non-Linked Life, Individual Savings Insurance Plan. ADVT: W/II/1313/2023-24
ICICI Pru Future Perfect
*GMB will be set at policy inception and will depend on age, policy term, premium, premium payment term and gender. Your GMB may be lower than your Sum Assured on death. Guaranteed Additions (GAs) is a percentage of annualized premium. For monthly premium frequency, 1/12th times GA will be accrued every month on premium payment. For half yearly premium frequency, 0.5 times GA will be accrued on premium payment.
** Reversionary bonuses may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonuses will be applied through the compounding bonus method. All reversionary bonuses will be declared as a proportion of the sum of the GMB and the accrued reversionary bonuses, if any. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. A terminal bonus may also be payable at maturity or on earlier death.
^Tax benefits as per prevailing tax laws. Tax laws are subject to amendment from time to time. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. ICICI Pru Future Perfect Form No. E21 UIN . W/II/0960/2024-25
ICICI Pru Sukh Samruddhi
1 Life cover: Life cover is the benefit payable on death of the life assured during the policy term.
For income plan option, Death Benefit will be higher of:
Sum Assured on Death + Accrued Reversionary Bonus, if declared + Interim Reversionary Bonus, if declared + Terminal Bonus, if declared; or
105% of total premiums paid up to the date of death” as below
Where, Sum Assured on Death is defined as 10 times the Annualized Premium
For Lump sum plan option, Death Benefit will be higher of:
Sum Assured on Death + Accrued Reversionary Bonuses, if declared + Interim Reversionary Bonus, if declared + Terminal Bonus, if declared; or
105% of total premiums paid up to the date of death” as below
Where, Sum Assured on Death is defined as 10 times the Annualized Premium
2 Save the date: Under ‘Income’ plan option, you can choose to receive guaranteed income on any one date succeeding the due date of first income to coincide with any special date. This option needs to be selected at policy inception and can be changed any time before the completion of premium payment term. If you have chosen a specific date to receive Guaranteed Income, the income, as applicable, payable from this date will be increased for the deferment period i.e. for completed number of months between the due date of first pay-out and the specific date chosen, at an interest rate equal to Reverse Repo Rate, compounded monthly. This interest rate on GIs will be reviewed twice every year on 1st of June and 1st of December, and will be set equal to Reverse Repo Rate published on RBI’s website. This option to receive GIs on any one date can be availed by both in-force as well as paid-up policies. The last GI will be paid on the date of maturity of the policy and not on the special date chosen by You and therefore, the interest rate mentioned above shall not be applicable for the last GI. It can be chosen only if annual frequency of Guaranteed income is selected under ‘Income’ plan option.
3 Savings Wallet: You have an option to accumulate Guaranteed Incomes (GIs), instead of taking as payment during the policy term. The GIs will be accumulated at an interest rate equal to Reverse Repo Rate published by RBI, compounded daily. This interest rate on GIs will be reviewed twice every year on 1st of June and 1st of December, and will be set equal to Reverse Repo Rate published on RBI’s website. You also have an option to withdraw, completely or partially, the accumulated GIs anytime during the Income Term. This option is only available under Income Plan option.
4 Tax benefits: Tax benefits may be available as per prevailing tax laws. Tax benefits under the policy are subject to conditions under 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 more details. ICICI Pru Sukh Samruddhi UIN , W/II/0962/2024-25
ICICI Pru Guaranteed Pension Plan Flexi
1 Please refer the product brochure for more details.
2 Under Joint Life option the Secondary Annuitant can be either the spouse/child/parent/sibling of the Primary Annuitant.
3 Applicable for Joint Life options only.
% For fully paid-up policies, this option can be exercised after the end of the deferment period. For other than fully paid-up policies, this option can be exercised after the end of the deferment period or after completion of revival period from the due date of the first unpaid premium, whichever is later. For a lapsed policy, this feature is not applicable. This feature can be exercised provided there is no outstanding loan amount. The minimum amount of lumpsum withdrawal will be ₹ 5,000 at the time of each exercise. Please refer to policy document for more terms and conditions.
^^ T&C Apply. ICICI Pru Guaranteed Pension Plan Flexi UIN -
ICICI Pru Saral Pension Plan
~T&C apply
^^Annuity will be payable in arrears. The frequency of annuity payments can be monthly, half-yearly, quarterly or annually as chosen by the annuitant at the time of purchasing the annuity. The annuity amount chosen at policy inception is guaranteed for life.
1Under Joint Life option the Secondary Annuitant shall be the Spouse of the Primary Annuitant.
2The purchase price, i.e., the price with which you bought the plan is returned to your nominee in case of an unfortunate event. Please refer the product brochure for more details.
3Please refer the product brochure for more details.
4Tax benefits under the policy are subject to conditions under Section 80CCC, 115BAC and other provisions of the Income Tax Act,1961. Good and Service 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 Pru Saral Pension Plan UIN.
ICICI Pru Group Plans
^ Tax benefits under the policy are subject to conditions under Section 80C, 80CCC, 10(10A), (10D) 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 Pru Group Term Plus , ICICI Pru Group Loan Secure , ICICI Pru Group Insurance Scheme for Pradhan Mantri Jeevan Jyoti Bima Yojana . ICICI Pru Shubh Raksha Credit . ICICI Pru Shubh Raksha One . ICICI Pru Shubh Raksha Life ICICI Pru Super Protect Credit . ICICI Pru Group Unit Linked Employee Benefit Plan - . ICICI Pru Group Suraksha Plus - . ICICI Pru Group Immediate Annuity Plan - . ICICI Pru Group Unit Linked Superannuation - . ICICI Pru Group Suraksha Plus Superannuation - . ADVT: W/II/1119/2024-25
ICICI Pru Group Loan Secure
**AD Benefit is equal to Death Benefit. If this benefit is selected, in case of death of the member due to accident, AD Benefit will be payable in addition to Death Benefit. On payment of this benefit, member’s risk cover will cease.
*The critical illness benefit is an accelerated benefit & the death benefit will be reduced by the critical illness cover paid to the policyholder. ICICI Pru Group Loan Secure
ICICI Pru Rural Plans
^Tax benefits under the policy are subject to conditions under Section 80C, 80CCC, 10(10A), (10D) 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 Pru Sarv Jan Suraksha Advt No: W/II/0673/2023-24
ICICI Pru EzyGrow
1 Return of Mortality and Policy Administration charges from 6th year.
^ Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) and other provisions of the Income Tax Act, 1961.
ICICI EzyGrow UIN: . Advt No: W/II/1271/2023-24
ICICI Pru Non-Linked Accidental Death and Disability Rider
1Accidental death benefit option: Under this option, if the person whose life is covered by this benefit option (known as the Life Assured) passes away, due to an accidental death which happens within the Coverage term such that death happens 180 days from the date of accident, the sum assured for ADB will be paid out as a lump sum to the person specified (known as the Claimant) in the policy, provided the benefit option is in-force at the time of the accident. Sum Assured available under Accidental Death Benefit option will be up to three times the Sum Assured on Death at inception for the base policy.
2Accidental total and permanent disability benefit option: If the life assured covered by this benefit option become totally, continuously and permanently disabled as a result of accident i.e., Accidental Total Permanent Disability and meets any of 3 clauses as defined in the policy document, the Accidental Total and Permanent Disability Sum Assured will be paid out as a lump sum to the nominee. On payment of the Accidental total and permanent disability Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished. For more details, kindly refer to the Rider policy document.
3Sum assured here refers to life cover available under the base policy at inception. Life cover is the benefit payable on death of the Life Assured during the policy term.
ICICI Pru Non-Linked Accidental Death and Disability Rider. UIN: . ADVT: W/II/0848/2024-25
ICICI Pru Linked Accidental Death and Disability Rider
1Accidental death benefit option: Under this option, if the person whose life is covered by this benefit option (known as the Life Assured) passes away, due to an accidental death which happens within the Coverage term such that death happens 180 days from the date of accident, the sum assured for ADB will be paid out as a lump sum to the person specified (known as the Claimant) in the policy, provided the benefit option is in-force at the time of the accident. Sum Assured available under Accidental Death Benefit option will be up to three times the Sum Assured on Death at inception for the base policy.
2Accidental total and permanent disability benefit option: If the life assured covered by this benefit option become totally, continuously and permanently disabled as a result of accident i.e., Accidental Total Permanent Disability and meets any of 3 clauses as defined in the policy document, the Accidental Total and Permanent Disability Sum Assured will be paid out as a lump sum to the nominee. On payment of the Accidental total and permanent disability Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished. For more details, kindly refer to the Rider policy document.
3Sum assured here refers to life cover available under the base policy at inception. Life cover is the benefit payable on death of the Life Assured during the policy term.
ICICI Pru Linked Accidental Death and Disability Rider. UIN: 105A043V02. ADVT: W/II/0919/2024-25
ICICI Pru Gold
1 In plan option ‘Immediate income’ and ‘Immediate income with Booster’, starting from the first policy year, you will receive a regular income at the end of every policy year/month, as chosen by you, provided the policy is in-force
In ‘deferred Income’ plan option, you will receive regular income at the end of every year/month, starting from end of deferment period as chosen by you, provided the policy is in-force. You can start this income as early as 2nd policy year or as late as Premium Payment Term plus 1 year
This regular income will comprise the following:
- Guaranteed Income (GI) and
- Income which will be linked to Bonus, if declared; referred to as Cash Bonus (CB)
2 For all plan options, Maturity Benefit will be sum of:
- Sum Assured on Maturity, plus
- Balance in the Savings Wallet (if any), plus
- Terminal Bonus (if declared)
3 ICICI Pru Gold offers three plan options namely ‘Immediate Income’ and ‘Immediate Income with booster’ and ‘Deferred Income’. The customer can choose any one of the three available options. Please refer to sales brochure for more details
4 Life cover is the benefit payable on death of the life assured during the policy term. For all plan options, Death Benefit is equal to:
- Sum Assured on Death, plus
- Balance in the Savings Wallet (if any), plus
- Interim Survival Benefit (if any), plus
- Terminal Bonus (if declared)
Where, the Sum Assured on Death is the highest of:
- 7 times the Annualized Premium
- 105% of the Total Premiums Paid as on the Date of Death
- Death Benefit multiple times Annualized Premium
5 Tax benefits under the policy are subject to prevailing conditions and 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 Pru Gold A Non-Linked Participating Individual Life Insurance Savings plan. UIN 105N190V03. ADVT: E/II/1035/2024-25
ICICI Pru Protect N Gain
1Life cover is the benefit payable on death of the life assured during the policy term. Death Benefit will be highest of:
Sum Assured, including Top-up Sum Assured, if any
105% of the total premiums paid
Fund Value including the Top-up Fund Value, if any
2Starting from the 11th policy year, you will receive 2X/4X of return of mortality and 2X of policy administration charges (excluding taxes), at the beginning of each month, till the end of the policy term. These will be added in the form of units to the Fund Value.
3At policy maturity, an addition, known as Maturity Booster in the form of extra units (Units mean a specific portion or part of the Unit Linked Fund(s) in which you have saved your money) will be made to boost your Fund Value. This Maturity Booster will be equal to 20% percentage 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.
4Systematic Withdrawal Plan is allowed only after the first five policy years.
5Available through mandatory rider ‘ICICI Pru Accidental Death and Disability rider’. Please refer to the rider brochure for more details.
ICICI Pru Protect N Gain UIN: . ADVT: W/II/1273/2023-24
ADVT: W/II/0646/2024-25
ICICI Pru GIFT Pro
1Life Insurance Cover is the benefit payable on death of the Life Assured during the policy term.
2Guaranteed Benefits will be payable subject to all due premiums being paid.
3Level Income and Increasing Income are income options available under GIFT Pro. Under Level Income, the Guaranteed Income will remain constant throughout the income period. If Increasing Income is selected, the Guaranteed Income will increase by 5% p.a of the base income.
4You can choose to receive any percentage from 0% to 100% of the sum total of all annualized premiums payable by you as MoneyBack Benefit. This will be paid as a one time Lump sum amount. Additionally you also have the flexibilty to choose any year, on or after the maturity date of the policy up to the last income year, to receive this MoneyBack Benefit. Your Guaranteed Income amount will be adjusted based on the MoneyBack Benefit % and payout year selected by you. You can opt for these flexibilities at the inception of the policy. MoneyBack Benefit % and payout year cannot be changed later.
5Low cover income booster at the inception of the policy, you can choose to opt for “Low Cover Income Booster” wherein you will be able to receive increased income for opting a lower life cover.
6You have an option to receive GI every year on a Special Date of your choice preceding the due date of first GI pay-out during the Income Period. The Special date can be chosen to coincide with any date such as, Date of Maturity, birth date or anniversary date etc. Payment of GI will commence from this Special Date and all further GIs will be paid every year on this Special Date chosen. In case You opt for a Special Date, the GI payable each year would be adjusted by multiplying the GI amount with a discount loading factor, varying by the policy month in which the Special Date falls.
7Tax benefits under the policy are subject to conditions under 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 more details.
ICICI Pru GIFT Pro (UIN: )
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 the unit linked insurance products and does not in any way indicate the quality of the products, 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 products are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
W/II/0673/2023-24
ICICI Pru Linked Waiver of Premium Rider
1The Rider Benefit will be applicable if the Life Assured named under the WoP rider has become totally, continuously and permanently disabled as a result of an Accident within the Rider Term i.e., Accidental Total Permanent Disability and should mandatorily satisfy at least one condition outlined within the following three conditions. To know more about definitions, terms & conditions applicable for permanent disability due to accident, kindly refer to the sales brochure of ICICI Pru Linked Waiver of Premium Rider
2A Life Assured shall be regarded as terminally ill only if he/she is diagnosed as suffering from a condition which, in the opinion of two independent medical practitioners specializing in treatment of such illness, is highly likely to lead to death within 6 months. The Terminal Illness must be diagnosed and confirmed by medical practitioners registered with the Indian Medical Association and approved by the Company
3The Rider Benefit will be applicable on the Life Assured named under the WoP rider being diagnosed with any of the 15 covered critical illnesses within the rider term by a Medical Practitioner. To know more about definitions, terms & conditions applicable for critical illness, kindly refer to the sales brochure of ICICI Pru Linked Waiver of Premium Rider
4Tax benefits as per prevailing tax laws
5Waiver of premium rider has 3 plan options: (i)Life option which will be applicable on the first occurrence of death or terminal illness (ii) Health option- which will be applicable on the first occurrence of Accidental total and permanent disability or diagnosed with any of the covered critical illnesses and (iii) Life & Health option- which will be applicable on the first occurrence of terminal illness or Accidental total and permanent disability or diagnosed with any of the covered critical illnesses. Kindly refer to brochure for more details
ICICI Pru Linked Waiver of Premium Rider UIN: 105A045V02. ADVT: W/II/0979/2023-24
ICICI Pru Non-Linked Waiver of Premium
1The Rider Benefit will be applicable if the Life Assured named under the WoP rider has become totally, continuously and permanently disabled as a result of an Accident within the Rider Term i.e., Accidental Total Permanent Disability and should mandatorily satisfy at least one condition outlined within the following three conditions. To know more about definitions, terms & conditions applicable for permanent disability due to accident, kindly refer to the sales brochure of ICICI Pru Non-Linked Waiver of Premium Rider
2A Life Assured shall be regarded as terminally ill only if he/she is diagnosed as suffering from a condition which, in the opinion of two independent medical practitioners specializing in treatment of such illness, is highly likely to lead to death within 6 months. The Terminal Illness must be diagnosed and confirmed by medical practitioners registered with the Indian Medical Association and approved by the Company
3The Rider Benefit will be applicable on the Life Assured named under the WoP rider being diagnosed with any of the 15 covered critical illnesses within the rider term by a Medical Practitioner. To know more about definitions, terms & conditions applicable for critical illness, kindly refer to the sales brochure of ICICI Pru Non-Linked Waiver of Premium Rider
4Tax benefits as per prevailing tax laws
5Waiver of premium rider has 3 plan options: (i)Life option which will be applicable on the first occurrence of death or terminal illness (ii) Health option- which will be applicable on the first occurrence of Accidental total and permanent disability or diagnosed with any of the covered critical illnesses and (iii) Life & Health option- which will be applicable on the first occurrence of terminal illness or Accidental total and permanent disability or diagnosed with any of the covered critical illnesses. Kindly refer to brochure for more details
ICICI Pru Non-Linked Waiver of Premium UIN: 105B044V02. ADVT: W/II/0971/2023-24
ICICI Pru Group Non Linked Accidental Death and Disability Rider
1Under this option, if the Member whose life is covered by this benefit option passes away, due to an accidental death which happens within the Coverage term such that death happens 180 days from the date of accident, the sum assured for ADB will be paid out as a lump sum to the person specified (known as the Claimant) in the policy, provided the benefit option is in-force at the time of the accident.
If Accidental Death occurs beyond the Coverage Term, this sum assured will be paid provided the accidental death occurs within 180 days from the date of accident. This is applicable subject to Accident occurring within the Coverage Term and the Benefit Option being in-force at the time of Accident.
2Under this option, if the Member whose life is covered by this benefit option gets totally, continuously and permanently disabled, due to an accident which happens within the Coverage term of this benefit option such that the disability occurs within 180 days from the date of accident, the Sum Assured for ATPD will be paid out as a lump sum to the person specified (known as Claimant) in the policy.
If Accidental Total and Permanent Disability occurs beyond the Coverage Term, this sum assured will be paid provided the disability occurs within 180 days from the date of accident. This is applicable subject to Accident occurring within the Coverage Term and the Benefit Option being in-force at the time of Accident. For more details, kindly refer to the Rider policy document.
3Tax benefits may be available as per prevailing tax laws. Tax laws are subject to amendments made there to from time to time. Please consult your tax advisor for more details.
ICICI Pru Group Non – Linked Accidental Death and Disability Rider (UIN : ). ADVT: W/II/1190/2023-24
ICICI Pru Gold Pension Savings
1 Guaranteed benefit is the Assured Benefit, i.e., 105% of the total premiums paid
2 Bonuses are in the form of regular bonus, loyalty accumulation and terminal bonus
3 Minimum 40% of the vesting benefit must be mandatorily used to purchase an annuity plan
4 This can be availed after the completion of 3 policy years and allows you to encash up to 25% of the Total Premiums Paid over the lifetime of your policy. Withdrawals are allowed for the conditions of higher education of children; marriage of children; purchase or construction of a residential house or flat; treatment of critical illnesses; to meet medical and incidental expenses arising out of the disability
5 Avail periodic complimentary health check-ups during the policy years on attaining 50 years of age and completion of 3 policy years. This service shall be directly provided by third party service provider(s) and the Company will not be liable for any deficiency in service by the service provider. The Company reserves the right to discontinue the service or change the service provider(s) at any time. Please read the policy document to know more
ICICI Pru Gold Pension Savings Plan (UIN : ). W/II/1282/2023-24
ICICI Pru Platinum
The 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 Linked Insurance Products completely or partially till the end of the fifth year.
1 Life cover is the benefit payable on death of the Life Assured during the policy term
2 Systematic Withdrawal Plan is allowed only after completion of five policy years
3 Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) and other provisions of the Income Tax Act, 1961.
4 Past performance of funds is not indicative of future performance.
i. Linked insurance products are different from the traditional insurance products and are subject to the risk factors.
ii. 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.
iii. ICICI Prudential Life Insurance Company Limited is only the name of the Life Insurance Company and ICICI Pru Platinum is only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
iv. Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
v. 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.
ICICI Pru Platinum (UIN: ). ADVT: E/II/0907/2024-25
ICICI Pru Group Non-Linked Critical Illness Rider
1Under this rider , if the Member whose life is covered is diagnose within the Coverage term with any one of the critical illnesses covered based on the package chosen , then the sum assured depending on the benefit option and plan chosen will be paid out as a lump sum to the person specified in the policy and , provided the benefit option is in-force at the time of the diagnosis of critical Illness.
2 There are four package options. For more details please refer the policy document.
3 Any one of the two-benefit option can be chosen:
Accelerated Critical Illness (ACI)benefit option: Under this Benefit Option, upon confirmatory diagnosis of any of the covered Critical Illness, the Accelerated Critical Illness Sum Assured of the Member prevailing at the time of diagnosis will be paid to the Claimant provided the Rider is in force. Upon payment of the Accelerated Critical Illness Sum Assured to the Claimant by the Company, the Rider shall terminate for the Member.
i.If ACI Sum Assured is less than the Base Sum Assured then the Member Base Policy will continue with Base Sum Assured reduced to the extent of ACI Sum Assured payout.
ii. If ACI Sum Assured is equal to the Base Sum Assured then the Member Base Policy as well as this Member Rider will terminate upon payment of this benefit.
Additional Critical Illness benefit option: Under this Benefit Option, upon confirmatory diagnosis of any of the covered Critical Illness, the Additional Critical Illness Sum Assured of the Member prevailing at the time of diagnosis will be paid to the Claimant, provided the Rider is in force. Upon payment of the Additional Critical Illness Sum Assured to the Claimant by the Company, the Rider shall terminate for the Member and the Base Sum Assured under the Base Member Policy remains unchanged.
4 Tax benefits may be available as per prevailing tax laws. Tax benefits under the policy are subject to conditions under 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 more details.
ICICI Pru Non-Linked Critical Illness Rider. UIN:
Advt: W/II/0362/2024-25
ICICI Pru iProtect Supreme
1Life Cover is the benefit payable on death of the life assured during the policy term.
2100% return of premiums refers to the total of all premiums paid under the base product, excluding any extra premium, any rider premium i.e. ICICI Pru Non-linked Accidental Death and Disability Rider, and taxes, if any.
3You can choose to increase the level of life cover at the key milestones of marriage and child birth/ adoption of child without any medicals, provided no claim has been admitted for any benefits (including rider benefits) under the policy and the policy is in force.
On exercising the option, You will have to pay an additional premium for the additional Sum Assured for the outstanding term of the policy based on the then age of the Life Assured. This feature is available only with Regular premium payment option. Such increase in sum assured is only applicable to base product life cover and not rider cover.
| Event |
Additional Sum Assured (percentage of original Sum Assured) |
Subject to maximum additional death benefit |
|---|
| Marriage |
50% |
Rs. 50,00,000 |
| Birth / Legal adoption of 1st child |
25% |
Rs. 25,00,000 |
| Birth / Legal adoption of 2nd child |
25% |
Rs. 25,00,000 |
4Premiums for female lives are lower by 15% as compared to male lives.
5A discount as follows will be offered on first year’s premium of Death Benefit, Terminal Illness (excluding rider premiums, underwriting extra premiums and taxes) to salaried customers opting for sum assured greater than or equal to ₹10,000,000:
| Premium Payment Option |
Discount |
|---|
| Limited Pay |
15% |
| Regular Pay |
10% |
6ICICI Pru Non-linked Accidental Death and Disability Rider:
For Accidental Death cover option: If the life assured covered by this benefit option passes away, due to an accident which happens within the coverage term, the Accidental Death Sum Assured will be paid out as a lump sum to the nominee. This amount will be payable if the accident occurs within the coverage term set under this benefit option, but death occurs beyond the Coverage term (however within 180 days from the date of the accident), provided the option is in-force or in grace period at the time of accident. On payment of the Accidental Death Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished.
For Accidental Disability cover option: If the life assured covered by this benefit option become totally, continuously, and permanently disabled as a result of accident i.e., Accidental Total Permanent Disability and meets any of 3 clauses as defined in the policy document, the Accidental Total and Permanent Disability Sum Assured will be paid out as a lump sum to the nominee. On payment of the Accidental total and permanent disability Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished. For more details, kindly refer to the Rider brochure and policy document.
7Tax benefits under the policy are subject to conditions under Sections 80C, 10(10D), 115BAC 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 more details.
ICICI Pru iProtect Supreme - UIN:
Advt: W/II/0726/2024-25
ICICI Pru Signature Pension
1 A tax-free commutation of up to 60% of the vesting benefit can be availed. Tax benefits are subject to conditions under Sections 80CCC, 10(10A), 115BAC and other provisions of the Income Tax Act, 1961.
2 This can be availed after the completion of 5 policy years and allows you to withdraw up to 25% of the total fund value on the date of request, allowed only for a maximum of 3 times over the policy term. Withdrawals are allowed for the conditions of higher education of children; marriage of children; purchase or construction of a residential house or flat; treatment of critical illnesses; to meet medical and incidental expenses arising out of the disability.
3 Past performance of funds is not indicative of future performance.
4 Return of charges includes premium allocation charges, mortality charges and policy administration charges deducted (excluding tax) till time of vesting.
ICICI Pru Signature Pension - UIN:
ADVT: W/II/0774/2024-25
ICICI Pru iProtect Smart Return Of Premium
1 Life Cover is the benefit payable on death of the life assured during the policy term
2 100% return of premiums refers to the total of all premiums paid under the base product, excluding any extra premium, any rider premium and taxes, if any
3 PPremiums for female lives for life cover (Death Benefit) are lower by 15% as compared to male lives
4 Accidental death benefit option available through the ICICI Pru Non-linked Accidental Death and Disability Rider : Under this option, if the person whose life is covered by this benefit option (known as the Life Assured) passes away, due to an accidental death which happens within the Coverage term such that death happens 180 days from the date of accident, the sum assured for ADB will be paid out as a lump sum to the person specified (known as the Claimant) in the policy, provided the benefit option is in-force at the time of the accident. Maximum Sum Assured available under Accidental Death Benefit option will be up to three times the Sum Assured on Death at inception for the base policy (capped at ₹ 3 Crore)
5 Accidental total and permanent disability benefit option available through the ICICI Pru Non-linked Accidental Death and Disability Rider : if the life assured covered by this benefit option become totally, continuously and permanently disabled as a result of accident ie., Accidental Total Permanent Disability and meets any of 3 clauses as defined in the policy document, the Accidental Total and Permanent Disability Sum Assured will be paid out as a lump sum to the nominee. On payment of the Accidental total and permanent disability Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished. Maximum Sum Assured available under Accidental Total and Permanent Disability Benefit option will be up to the Sum Assured on Death at inception for the base policy (capped at ₹ 3 Crore. For more details, kindly refer to the Rider policy document
ICICI Pru iProtect Smart Return of Premium UIN:
ADVT: W/II/1177/2024-25
ICICI Pru Signature Assure
1 Past performance of funds is not indicative of future performance.
2 Following the death of the Life Assured (provided all due premiums have been paid) the company shall waive all future premiums as and when payable under the policy (after the date of death) and the policy shall continue till the end of policy term. Further Units equivalent to the instalment premium will be allocated on each of the subsequent premium due dates by the Company. The prevailing mandate on fund choices shall be used for investing the benefit amounts into the policy.
3 Loyalty Additions will be allocated as extra units at the end of every fifth policy year starting from the end of the tenth policy year. Each Loyalty Addition will be 2.50% of the average of Fund Values on the last business day of the last eight policy quarters.
4 This benefit is applicable only where the Life Assured survives till the end of the policy term provided all due premiums have been paid and no partial withdrawals have been made during the policy term.
5 An amount equal to a percentage of the Sum Assured will be paid out to the nominee as regular income on each subsequent policy anniversaries following the date of death till the end of the policy term. This percentage can vary between 0% and 10% (both inclusive) and once chosen at the time of purchase of the policy, shall remain fixed through the policy term.
6 Life cover is the benefit payable on death of the Life Assured during the policy term.
7 Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) and other provisions of the Income Tax Act, 1961.
ICICI Pru Signature Assure UIN:
W/II/1361/2024-25
