Grow your wealth
Why invest with ICICI Prudential Life?
ICICI Prudential Life is amongst the top brands in the Indian life insurance sector and has been pioneer in ULIP plans with an Assets Under Management (AUM) of ₹1529.69 billion (as on 31st March 2020). We ensure exceptional customer experience through
Convenience
Transparency
Additional benefits
One place for all your Savings & Investment needs
- Goal-based savings plan with Life Cover
- Take advantage of equity & debt linked returns@
- Enjoy flexibility of withdrawals and premium payment^
- Get tax-free return on maturity & benefit u/s 80C*
- Get Guaranteed Savings no matter what
- Earn additional bonus apart from the Guaranteed benefit%
- Secure your loved ones with life cover up to 10X
- Get tax-free return on maturity & benefit u/s 80C*
- Savings plan for non-negotiable life goals
- Guaranteed Benefit with 0% market risk&
- Guaranteed Additions every year on total premium paid
- Get tax-free return on maturity & benefit u/s 80C*
Choose from our top performing Saving Plans
4 Reasons to Buy SAVING PLAN Online
Cost Effective
(Online discount)
Customisation
(Tailor your plan)
Convenient
(Buy it on mobile)
Clean & Green
(Zero paperwork)
₹
,
,
crore
AUM till 31 March 2020#
₹
crore
bonus announced in FY2020$
₹
crore+
Benefit paid up till March 31, 2020#
Still thinking where to invest?
Let us help you out!
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Debunking Myths about Savings Plan
Fact: Savings plans have the dual benefit of life cover as well as wealth creation. Life cover provides you with death benefit that helps secure your family’s future in your absence. However, these plans also enable you to create wealth. By investing just a small amount regularly, you can get back a large sum of money at maturity. Thus these plans help you throughout your life, and even after that.
Fact: Life is full of uncertainties. To safeguard your family and finance in the future, life insurance is necessary. Moreover, with savings plans, you have the added benefit of wealth creation to meet various other life goals. Hence, irrespective of age, a savings plan is a must-have for all.
Fact: Insurance policies today are customized to suit every budget. You can start with the premium amount of your choice and opt to pay the premium monthly, half-yearly or annually according to your convenience.
Fact: Many companies offer plans that even older people can purchase. Retirement plans provide financial independence to seniors even after their salary stops. Senior citizens can also buy whole life insurance plans and get coverage for their entire life. Their loved ones will receive death benefits when they are not around. They can, thus, ensure their family or spouse remains financially secure at all times.
Fact: Irrespective of the method of purchase, the process for claim settlement remains the same. In fact, ICICI Prudential Life has a claim settlement ratio of 97.8%, ensuring a quick and hassle-free settlement (if the information provided is correct).
Fact: The Life Cover is fixed at the time of purchase of an insurance plan and does not change with market volatility. In case of death of the policyholder, he will get the full Death Benefit, irrespective of the market conditions.
Fact: ULIP s allow you to invest in funds of your choice based on your risk appetite. Depending on your risk appetite and life stage, you can choose to invest in Debt, Equity or Balanced funds. You can also change the mix anytime you want.
Fact: Maturity Amount is tax-free* subject to sec 10(10D). You also save tax* on all premiums paid u/s 80C.
Fact: The internet has simplified every aspect of life today, including purchasing insurance. You need not depend upon agents or await appointments from your insurer anymore. After you compare insurers online, all you need to do is visit the online website of the insurance provider of your choice and you can buy your plan in just few minutes.
*Tax benefits under the policy are subject to conditions under Section 80C, 10(10D), 115BAC and other provisions of the Income Tax Act,1961. Good and Service 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 details, before acting on above.
#Source: https://www.iciciprulife.com/content/dam/icicipru/about-us/mediacentre/ICICI_Pru_Life-FY2020_Earnings_release-25_April_2020.pdf
$Source: https://www.iciciprulife.com/content/dam/icicipru/about-us/mediacentre/ICICI_Prudential_Life_Declares_Bonus_of_Rs_788_cr.pdf
@Choice of funds across Equity, Debt and Balanced Funds to suit your investment needs.
^Partial withdrawals or Surrenders are allowed only after the first five policy years and on payment of all premiums for the first five policy years.
%Earn additional bonus apart from the Guaranteed benefit - Reversionary bonuses may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. A terminal bonus may also be payable at maturity or on earlier death.
&Your Guaranteed Benefit is applicable only on maturity of the policy and does not apply on death or surrender.
ADVT W/II/2332/2020-21
