Unit-Linked Insurance Plans (ULIPs) prove to be a smart purchase that doubles up as an investment as well as gives you life cover. With a Unit-Linked Insurance Plan, you have the opportunity to capitalise on market returns while enjoying tax benefits throughout your investment – from start to maturity. The in-built life cover protects your family from any misfortunes, and your investment would never go futile.
In simple words,
ULIP = Potential Growth of money + Tax Benefit + Life Cover
Read on and find out how ULIPs by ICICI Pru Life
1. Potential for high returns
Investing in ULIPs gives you the prospect of earning market-linked returns. Our funds have consistently performed better than benchmark indices. For example, if you look at the Maximiser Fund V, investors have got an average return of about 12.95% since inception.
2. Flexibility to switch to monthly investments in the next financial year
Once you begin investing in the fund, you may start with a lump sum, which might be the need of the hour for someone who is looking to save as much tax for the year. However, you have the flexibility of investing every month once the next fiscal year begins. This flexibility becomes beneficial to most people to plan their budgets.
3. Tax benefits at maturity
The endless tax benefits make ULIP one of the most sought-after investments when it comes to saving tax. While the premiums you pay are
4. Life cover
The most differentiating element of a ULIP is the life cover that you get with the plan. An amount of 10 times the premium comes along with the plan, which makes sure your investment efforts do not go to waste in case of any mishap
Starting to invest in a ULIP plan online is simple and convenient. Filling up the form can be completed in just 5 mins, and you can use any of your favoured payment methods to complete the transaction. You can also track the status of your investments by logging on to your account at iciciprulife.com, and all policy servicing can be done online with ease there. You also receive extensive assistance when required over the call, to complete your buying journey and any subsequent policy related needs.
 Past performance is not indicative of future performance.
 (SFIN: ULIF 114 15/03/11 LMaximis5 105) Inception Date: August 29, 2011
 Tax benefits are subject to conditions under Section 80C, 10(10D), 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.
 A multiple of 10 times of premium as life cover is specific to this product and can't be assumed for all products.
Unlike traditional products, Unit-Linked Insurance Products are subject to market risk, which affects the Net Asset Values & the customer shall be responsible for his/her decision. The names of the Company, Product names or fund options do not indicate their quality or future guidance on returns. Funds do not offer guaranteed or assured returns.