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 || |
| 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.
1058.1 mn 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, 2022
12Data regarding AUM is as per Annual Report of the Company for FY2022.
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|
|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: 105N182V06, a non-linked, non-participating, life, individual, savings product) & ICICI Pru EzyGrow (UIN: 105L189V02, a unit-linked non-participating individual 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/0130/2023-24
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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.