What happens if you discontinue paying your premiums?

If premium payment is discontinued after your policy has acquired a surrender value, your policy will continue as a ‘paid-up’ policy with reduced benefits. If you discontinue premium payment before your policy has acquired a surrender value, your policy will lapse and no benefits will be paid. For more details, please refer to the brochure.

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This advertisement is designed for a combination of benefits of two individual and separate products named, 1) ICICI Pru EzyGrow and 2) ICICI Pru Guaranteed Income For Tomorrow. These products are also available for sale individually without the combination offered/suggested. The benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of respective individual products mentioned herein before concluding the sale.

IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER^U

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

Capital Guarantee Solution

Q: What is a Capital Guarantee Solution?

A Capital guaranteed solution is a specifically designed financial plan that combines the benefits of market linked returns along with guaranteed1 returns and capital guarantee1. Under the capital guaranteed investments, the capital is 100% secure throughout the period of investment giving 100% return of investment and also market linked returns through money invested equity, debt or balanced funds. The major advantage of the capital guarantee plan is that no matter how bad the market performs your entire investment amount is 100% guaranteed1. On maturity, you will get returns from the upside of market-linked investments2 as well as returns on the traditional guaranteed plan.

Q: How much tax can you save by investing in this plan?

The premiums paid are eligible for Deduction u/s 80C4 up to ₹1.5 Lakh. You can also enjoy tax-free4 payout as the Maturity Benefit is exempt subject to conditions u/s 10(10D)4.

Q: What are premium paying terms available for this plan?

You can pay premiums for 7 years and enjoy maturity benefit on the 15th year You can pay premiums for 10 years and enjoy maturity benefit on the 20th year

Growth Bhi
Guarantee¹ Bhi!

Buy online & avail 0% premium allocation charges⁵

Capital Guarantee¹

Wealth Creation² Potential

Tax³ Benefits

Life cover⁴ to protect your loved ones

View all benefits

¹Conditions apply

Plan start at just ₹2,375 p.m. Invest Now!

ICICI Prudential Capital Guarantee Calculator

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By submitting my details, I override my NDNC registration and authorize ICICI Prudential Life Insurance Company Limited, its third parties and its representatives to contact me through call, RCS, Whatsapp or E-Mail. I further consent to permit ICICI Prudential Life Insurance Company Limited to share my information on confidential basis with its third parties and its representatives (i) for contacting me (ii) for evaluating and (iii) for processing this Proposal.

To undergo suitability analysis, please click here.
By not undergoing the suitability analysis, you confirm to purchase the policy based on your independent assessment of the suitability of the product.
If you wish to be redirected to calculate your premium without sharing your personal details, click here.

Mandatory Field

Recommended For

First-Time Investors

Monthly Savers

Regular Investor

Young Parents

Tax-Saver³

First-Time Investors

This plan helps people who wish to take advantage of market-linked returns at relatively lower risk. They can choose from multiple equity, balanced and debt fund options with the comfort of guarantee¹.

¹Conditions apply

Monthly Savers

This plan helps regular monthly depositors reap the benefits of market-linked returns with zero risk to their invested amount.

Regular Investor

People in the market looking for a financial instrument that helps them grow and save their money regularly and want to take advantage of a low charge plan with the flexibility of investment and withdrawal.

Young Parents

This plan helps parents build wealth for their child’s future against rising education cost and ensure that their non-negotiable dreams are fulfilled.

Tax-Saver³

With tax³ benefits on premiums paid and returns received under the policy subject to conditions under Sections 80C and 10(10D), this plan is ideal for people looking for efficient ways of saving tax³.

What is ICICI Prudential Save ‘N’ Grow?

You want guarantee for your aspirations? We will help you achieve them. ICICI Prudential Life presents ICICI Prudential Save ‘N’ Grow, a Capital Guarantee Solution which is a combination of ICICI Pru EzyGrow, a unit-linked plan² and ICICI Pru Guaranteed Income For Tomorrow (GIFT), a guaranteed¹ return plan along with the provision of a life cover⁴. The ICICI Prudential Save ‘N’ Grow life insurance solution gives you the potential of wealth creation² while letting you live carefree with the assurance of capital guarantee¹.

¹Conditions apply

How does the plan work?

Plan Snapshot

Capital Guarantee¹

Guarantee of return of 100% premiums paid to ensure safety of capital

Premium Allocation Charges⁵

Nil

Maturity Booster⁶

Additional units to boost your fund value at maturity

Withdrawals⁸

Unlimited Free Withdrawals⁸

Charges

Return of Mortality & Policy administration charges⁵ from 6^th year onwards

Fund Options

23 funds across all fund classes

Premium Payment Options

Limited Pay

Life Cover⁴

Life cover⁴ for the entire
policy term

Akash’s Wealth Creation Story

Meet Akash30 year old

Salaried Professional

He wants

to grow his wealth and also ensure that his capital is safe in order to achieve his non-negotiable goals.

Pays ₹ 50,000 p.a. for 7 years*
= Total ₹ 3,50,000

Maturity Benefit
₹ 6,42,966

Guaranteed¹ ₹ 3,84,065
+
Market-Linked² ₹ 2,58,901

⁹ARR

@8%@4%

ARR stands for assumed rate of return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get, as the value of the policy depends on a number of factors including future investment performance.

Fund Performance

All

Equity

Balanced

Debt

Maximise India FundEquity

1 Yr Returns

29.92%

Latest NAV as of

06-Feb-2024

Latest NAV

24.3224

Maximiser VEquity

Since inception

13.17%

5 year returns

15.07%

3 year returns

18.38%

1 year returns

24.03%

Latest NAV as of

06-Feb-2024

Latest NAV

46.8829

1 Yr Returns

24.03%

Inception Date

Jul 31, 2011

Mid Cap FundEquity

1 Yr Returns

54.01%

Latest NAV as of

06-Feb-2024

Latest NAV

15.3750

Good to Know?

It is a generally adopted practice to put in (100 – your age) % of your investments in equity instruments and the rest in debt instruments

How to maximize your returns?

Start Investing Early

Pay premiums regulary

Right Asset Allocation

Make fund switches to safeguard your gains

Keep a younger person as the Life Assured

Buy Online in 3 simple steps

Choose premium amount

Select your choice of funds

Fill Application form & Make Payment

Policy Issued

Need Help? Call us Today

1800-209-9777

Why choose ICICI Prudential Life?

9.69 Cr

Lives covered as
on March 31, 2024¹⁰

₹2.76 Lakh Cr

Benefits paid till
March 31, 2024¹¹

₹2.94 Lakh Cr

Assets under
management as on
March 31, 2024¹²

30 Day Return Policy

If not satisfied, return
(free look)¹³ the policy
and get your money back

Frequently Asked Questions

What is a Capital Guarantee Solution?

What is the minimum and maximum premium which you can pay?

Min Premium for this plan is as follows:
Combinations	5/10	5/15	5/20	7/15	10/20
Monthly	5,400	3,500	2,800	3,500	2,375
Semi-Annual	32,400	21,000	16,800	21,000	14,250
Yearly	64,800	42,000	33,600	42,000	28,500

Max Premium for this plan is as follows:
Combinations	5/10	5/15	5/20	7/15	10/20
Monthly	27,500	16,667	14,000	17,500	15,000
Semi-Annual	1,65,000	1,00,000	84,000	1,05,000	90,000
Yearly	3,30,000	2,00,000	1,68,000	2,10,000	1,80,000

What is the minimum and maximum age at entry for this plan?

PPT/PT	Minimum/Maximum Age at Entry
5/10	8/50
5/15	3/50
5/20	0/50
7/15	3/50
10/20	0/50

How much tax can you save by investing in this plan?

What are premium paying terms available for this plan?

Disclaimer

¹Guaranteed benefits will be payable, provided all due premiums have been paid. Guaranteed benefits are payable through ICICI Pru Guaranteed Income For Tomorrow.

²Wealth creation is through maturity benefit of ICICI Pru EzyGrow.

³Tax 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.

⁴Life cover is the benefit payable on death of the life assured during the policy term.

⁵There is no premium allocation charges in ICICI Pru EzyGrow. Starting from the 6th policy year, at the beginning of each policy month, the mortality charge (excluding taxes and excluding extra mortality charges) and policy administration charge (excluding taxes) deducted from the policy in the 60th month prior to the applicable month, will be added back to the Fund Value in the form of addition of units.

⁶Maturity Booster will be allocated as extra units at the end of the policy term provided the policy is in-force. The Maturity Booster will be equal to a 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, as shown in the table below:

Policy Term

Premium payment Term
10-19 years	20-24 years	>24 years
Less than 10 years	0.50%	0.50%	0.50%
Greater than or equal to 10 years	0.50%	0.50%	0.50%

⁷Switches are only applicable for fixed portfolio strategy and not applicable for other portfolio strategies.

⁸Systematic Withdrawal Plan is allowed only after the first five policy years. The total withdrawals in a policy year cannot exceed 20% of the fund value of the respective policy year.

⁹ARR stands for assumed rate of return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get, as the value of the policy depends on a number of factors including future investment performance.

¹⁰7.72 Cr lives covered across our individual and group customers as per ICICI Prudential Life Council Report

¹¹As per Financial Statements (Schedule 4- Benefits paid (Gross)) of the company, benefits paid since inception up to March 31, 2024

¹²Data regarding AUM is as per Annual Report of the Company for FY2024.

^URisk factors and warning statements

Linked insurance products/ annuity products with variable pay-out options are different from traditional insurance products and are subject to the risk factors.
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.
ICICI Prudential Life Insurance in only the name of the Life Insurance Company and ICICI Pru Ezygrow is only the name of the linked insurance contract and does not in anyway indicate the quality of the contract, its future prospects or returns.
Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
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

¹³On cancellation of the Policy during the free look period, the Company will return an amount which shall be equal to non-allocated premium plus charges levied by cancellation of units plus fund value at the date of cancellation, less proportionate risk premium for the period of cover, stamp duty charges under the policy and the expenses borne by the Company on medical examination, if any.

^*The premium shown in the illustration, Rs. 50,000 p.a. is the combination of Rs 31,000 p.a. & Rs. 19,000 p.a. paid in annual mode in ICICI Pru Guaranteed Income For Tomorrow and ICICI Pru EzyGrow respectively. This is excluding taxes paid under ICICI Pru Guranteed Income For Tomorrow. For ICICI Pru EzyGrow, applicable Goods and Services Tax & cesses, if any will be charged extra, as per applicable rates. The Life cover amount shown here is the sum total of sum assured under ICICI Pru Guaranteed Income For Tomorrow and ICICI Pru EzyGrow. If the fund value of ICICI Pru EzyGrow is higher than its Sum Assured, then Fund Value will be paid instead of Sum Assured.

Fund names	SFIN
Bluechip Fund	ULIF 087 24/11/09 LBluChip 105
Focus 50 Fund	ULIF 142 04/02/19 FocusFifty 105
India Growth Fund	ULIF 141 04/02/19 IndiaGrwth 105
Maximise India Fund	ULIF 136 11/20/14 MIF 105
Maximiser V	ULIF 114 15/03/11 LMaximis5 105
Mid Cap Fund	ULIF 146 28/06/22 MidCapFund 105
Multi Cap Growth Fund	ULIF 085 24/11/09 LMCapGro 105
Opportunities Fund	ULIF 086 24/11/09 LOpport 105
Sustainable Equity Fund	ULIF 145 03/06/21 SustainEqu 105
Value Enhancer Fund	ULIF 139 24/11/17 VEF 105
Mid Cap Index Fund	ULIF 149 050723 McIndxFund 105
Mid Cap 150 Momentum 50 Index Fund	ULIF 151 180124 McMomentum 105
Multicap 50 25 25 Index Fund	ULIF 152 220224 MultiCapIF 105
MidSmall Cap 400 Index Fund	ULIF 153 150424 MidSmal400 105
MidSmallCap 400 Momentum Quality 100 Index Fund	ULIF 156 251024 MscMomQual 105
Active Asset Allocation Balanced Fund	ULIF 138 15/02/17 AAABF 105
Balanced Advantage Fund	ULIF 144 03/06/21 BalanceAdv 105
Multi Cap Balanced Fund	ULIF 088 24/11/09 LMCapBal 105
Mid Cap Hybrid Growth Fund	ULIF 147 050123 MCHybrdGrt 105
Income Fund	ULIF 089 24/11/09 LIncome 105
Secure Opportunities Fund	ULIF 140 24/11/17 SOF 105
Money Market Fund	ULIF 090 24/11/09 LMoneyMkt 105
Constant Maturity Fund	ULIF 148 050123 ConstntMat 105

This combination solution is applicable for Lump sum plan option of ICICI Pru Guaranteed Income For Tomorrow with online benefit and ICICI Pru EzyGrow.

This combination solution comprises one set of policies each of two products named ICICI Pru Guaranteed Income For Tomorrow & ICICI Pru EzyGrow. These are also available individually with the Company and it is not mandatory for the customer to apply for this combination only.

ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. For enquires related to new policies purchased online, please call us on 1800-2660 and select option 4 on our Interactive Voice System. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license.

The customer is requested to separately go through the product brochures of ICICI Pru Guaranteed Income For Tomorrow (UIN: 105N182V11, a non-linked, non-participating, life, individual, savings product) & ICICI Pru EzyGrow (UIN: 105L189V06, A Non-Participating Linked Individual Savings Life Insurance Plan) to take the decision to opt for this combination solution after having fully understood the risk factors, product terms and conditions. Advt No: W/II/1351/2024-25

BEWARE OF SPURIOUS / FRAUD PHONE CALLS!

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Plan Benefits

How does the plan work?

FAQ’s

Capital Guarantee Solution

Growth BhiGuarantee1 Bhi!

ICICI Prudential Capital Guarantee Calculator

Recommended For

What is ICICI Prudential Save ‘N’ Grow?

How does the plan work?

Plan Snapshot

Akash’s Wealth Creation Story

Fund Performance

Good to Know?

How to maximize your returns?

Buy Online in 3 simple steps

Need Help? Call us Today

Why choose ICICI Prudential Life?

Frequently Asked Questions

What is a Capital Guarantee Solution?

What is the minimum and maximum premium which you can pay?

What is the minimum and maximum age at entry for this plan?

How much tax can you save by investing in this plan?

What are premium paying terms available for this plan?

Disclaimer

How does the plan work?

Growth Bhi
Guarantee¹ Bhi!