This plan is offered under ICICI Pru Lakshya
Introducing ICICI Pru Lakshya Wealth, a specially designed plan to power your dreams.

As life progresses, our goals keep on evolving, whether it is buying a house or funding child’s higher education or protecting our loved ones. We always want to give them the best and for this, one needs to have the right plan.

ICICI Pru Lakshya is specially designed to grow your wealth with the promise of protecting your money. This is done through guaranteed benefits in the form of sum assured on maturity5 and guaranteed value benefits, and bonuses in the form of regular additions, if declared every year throughout the policy term as well as a terminal bonus, if declared on maturity.

 
 
 
 
 

KEY BENEFITS OF ICICI PRU LAKSHYA WEALTH

 
 

Lump Sum Benefit

Lump Sum Benefit

Get lump sum amount on maturity to fulfill your dreams.

Capital Protection

Capital Protection

Get guaranteed capital protection with Sum Assured on Maturity5

Guaranteed Value Benefits (GVBs)1

Guaranteed Value Benefits (GVBs)1

Get rewarded with applicable GVBs
a.Start Early: Start your savings now rather than later.
b. Save More: Higher the premium, higher the benefit.
c.Stay More: More benefit for long term savings and protection
d.SHE : Exclusively for women to promote savings by women

Bonuses2

Bonuses2

Enjoy bonuses in the form of Regular Additions, if declared, every year and one time Terminal Bonus, if declared, on maturity to grow your wealth

Bonuses2

Protection

Get life cover throughout the policy term to secure your family’s future.

Tax Benefits3

Tax Benefits3

Tax Benefits on premiums paid and benefits received as per prevailing tax laws

 

 

HOW DOES THE PLAN WORK?

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Sanjay is a 30 year old IT employee. Recently married, Sanjay understands the importance of planning ahead so that he can fulfill the dreams of his loved ones. He decides to invest in ICICI Pru Lakshya to fulfill his dream of buying a house for his family in the future.

Sanjay invests ₹ 1 lakhs for 10 years in ICICI Pru Lakshya Wealth & chooses a policy term of 20 years.

Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance.

 

 

BENEFIT ILLUSTRATION

Benefit summary

 

Benefits @ 4%

Benefits @ 8%

Sum Assured on Maturity5

`10,00,000

`10,00,000

Guaranteed Value Benefits (GVBs)

Start Early

`10,55,00

`10,55,00

Stay More

`39,500

`39,500

Save More

`1,20,000

`1,20,000

SHE

0

0

Total Guaranteed Benefit on Maturity (A)

`1,26,5000

`1,26,5000

Estimated accumulated Regular Additions (B)

0

`80,9600

Estimated terminal bonus (C)

`27,8300

`37,9500

Estimated total maturity amount(A+B+C)

`15,43,300

`24,54,100

 

 

1Guaranteed Value Benefits will be set at policy inception and will depend on age, policy term, premium, premium payment term and gender.

2Bonus may be declared annually from the first year as ‘Regular Additions’ and will be a percentage of the sum total of the ‘Sum Assured on Maturity’ and the applicable ‘Guaranteed Value Benefits’. Terminal Bonus may be declared by the Company and will be payable at policy maturity or on death.

3 Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premiums paid and benefits received. Goods and Service Tax and Cesses will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time.

#The benefits shown are calculated for 8% Assumed Rate of Return. For benefits at 4% Assumed Rate of Return, please refer the Benefit Illustration.

5Sum Assured on Maturity is equal to your total contribution throughout the policy term.

This advertisement is designed for ICICI Pru Lakshya Wealth which is offered under ICICI Pru Lakshya. The customer has the choice of purchasing other options under ICICI Pru Lakshya as per his/her needs and there is no compulsion to purchase this option as suggested by the Insurer and as presented in this advertisement. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

UIN:105N179V01. Advt. No.: W/II/0879/2019-20

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