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:
| Premium payment Term |
|
Policy Term
| 15-19 years |
20-24 years |
>24 years |
| Less than 10 years |
2.25% |
4.00% |
6.00% |
| Greater than or equal to 10 years |
4.25% |
7.00% |
10.00% |
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, 2023
12Data regarding AUM is as per Annual Report
of the Company for FY2023.
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. 26,645 p.a. &
Rs. 23,355 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.
| 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 |
| 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
1-860-266-7766 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: 105N182V09, a non-linked,
non-participating, life, individual, savings product)
& ICICI Pru EzyGrow (UIN: 105L189V04, A Linked
Non-Participating 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/1526/2023-24
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.
