¹Guaranteed Benefits will be payable subject to all due premiums being paid

²Life Insurance Cover is the benefit payable on death of the Life Assured during the policy term

³If you opt for “Low Cover Income Booster” the sum assured on death will be lower and your guaranteed income will be increased

⁴You can choose to receive any percentage from 0% to 100% of the sum total of all annualised premiums payable by you as MoneyBack Benefit. This will be paid as a Lump sum amount. Additionally, you also have the flexibility 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

⁵You 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

⁶You can choose to convert all future guaranteed income and MoneyBack Benefit (if applicable and not already received) into a lump sum. This flexibility is also available to the Claimant in case of an unfortunate demise of the Life Assured during the Income Period. The value of lump sum benefit will depend on when you/ the Claimant exercise the option, and is detailed below: • On the date of policy maturity: equal to ‘Maturity Sum Assured’. • Any time during the income period after policy maturity date: Future GIs and MoneyBack Benefit (if applicable) discounted at 30-year Government Securities yield + 1.00%, rounded to nearest 0.25%. The yield on 30-year Government Securities will be sourced from www.bloomberg.com. The discount rate, applicable for commutation to lump sum during income period, will be reviewed twice every year on 1st of June and 1st of December

^*Tax 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 applicable rates. Tax laws are subject to amendments from time to time. Please consult your tax advisor for more details.

ICICI Pru GIFT Pro (A Non-Linked Non-Participating Individual Savings Life Insurance Plan) UIN :

Advt no. W/II/0664/2023-24