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Buy online & get up to 3.5% Additional Maturity Benefit~
Pay ₹5,000 p.m. & Get ₹10 Lakh+ in return 1
Pay ₹5,000 p.m. & Get ₹10 Lakh+ in return1

ICICI Pru Guaranteed Income For Tomorrow Calculator

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Recommended For
Youngsters
Monthly
Savers
Second Income
Child's Goals
Retirement
Goal Based
Savers
Youngsters
This plan helps youngsters and first time investors to set aside small regular savings from their monthly income for wealth creation and tax-benefits*.

Pay₹5,000 p.m. for 10 years

Get₹10.60 Lakh as income1

How the plan works?

Explore our 3 variants
Income
Early Income
Lump Sum
3 Minute Overview:
Invest for 5, 6, 7, 8, 10 or 12 years & get a Guaranteed^ Flow of Income in the later years.
Invest for 5, 6, 7, 8, 10 or 12 years & get a Guaranteed^ Flow of Income in the later years.
Watch your money grow by selecting the
plan options:
Watch your money grow by selecting the plan options:
Pay for
Get Income for
Your income starts from the 14th year
You Pay
Life Cover
You Get.
₹5,000 p.m.
₹6 Lakh
₹11,842 p.m.
₹7,500 p.m.
₹9 Lakh
₹17,763 p.m.
₹10,000 p.m.
₹12 Lakh
₹23,899 p.m.
.Includes 2.5% Additional Maturity Benefit Online~
Examples above are for a 30 year old healthy male & exclusive of taxes
If the policyholder passes away during income period, the nominee continues to receive income. He/She also has the option to receive the remaining income in the form of Lump Sum.`
Compare Plan Options
Compare Plan Options

Buy in 3 simple steps

1 Create your Savings Plan
Create your
Savings Plan
2 Fill Application Form
Fill Application
Form
3 Make Payment & Upload Document
Make Payment &
Upload Document
Plan Issued
Plan Issued
Keep these documents handy
Need help? Call us today
1800-209-9777

Why choose ICICI Prudential Life?

₹ 2.4 Lakh Crore
Assets Under
Management as on
March 31, 2022^^
5.81 Crore
Lives Covered as on
March 31, 2022%
₹ 968.8 Crores
Bonus declared
for policyholders``
1 Day
Death Claim
Settlement
₹ 2.4 Lakh Crore
Assets under management
as on March 31, 2022^^
5.81 Crore
Lives Covered as on
March 31, 2022%
₹ 968.8 Crores
Bonus declared for policyholders``
1 Day<
Death Claim
Settlement

Frequently Asked Questions

What is a Guaranteed Savings Plan? 
A guaranteed savings plan is a life insurance plan that also offers you a savings component. These plans provide you with a guaranteed^ amount after a duration chosen by you at the time of the purchase of the policy. In case of an unfortunate event during the tenure of the policy, the claim amount will be paid to your loved ones. Hence, these plans secure the financial future of your loved ones and yourself.
A guaranteed savings plan like ICICI Pru Guaranteed Income for Tomorrow offers you an opportunity to save money for your various financial goals. It provides you with guaranteed returns^, free from market fluctuations. The returns are pre-decided at the time of the purchase of the plan. This ensures that your financial goals are met, no matter what. Additionally, it offers you a life cover+ that keeps your loved ones financially secured in case of an unfortunate event.
Here are some features of a guaranteed savings plan:

  1. Guaranteed benefits^ payable on maturity: When you invest in a guaranteed savings plan, you get an assured amount at maturity. This guaranteed amount^ is pre-decided at the time of the purchase of the policy, and hence, prepares you financially to achieve your goals

  2. Life cover+ for the entire term: Guaranteed savings plans provide you with a life cover+ throughout the tenure of the policy. This ensures that your loved ones are financially secured in case of an unfortunate event

  3. Flexibility to choose the premium amount: You can choose the premium amount you want to pay regularly. This gives you the flexibility to invest as per your convenience and requirements. However, some plans may have a minimum premium amount to be paid

  4. Flexibility in paying premiums: Guaranteed savings plans provide you the option to pay the premiums monthly, half-yearly, yearly, or as a one-time payment as per your convenience

  5. Flexibility in receiving payouts: These plans provide you multiple payout options to choose from depending on the plan you purchase. You can choose to receive your money from the plan as a lump sum, regular income, or a mix of both as per your requirements

  6. Tax benefits* Since a guaranteed savings plan is a life insurance plan, the premiums paid towards the plan are allowed as deduction* up to ₹ 1.5 lakh per annum under Section 80C of the Income Tax Act, 1961. The payouts received from the plan are also tax-free* subject to conditions under Section 10(10D) of the Income Tax Act, 1961.

Advt. No.: W/II/0037/2023-24.
Returns are 100% guaranteed^ subject to all due premiums being paid and the policy being in force on the date of maturity.
^Conditions apply
Plan Option
Online Benefit
Income
2.5% of Guaranteed Income
Early Income
3.5% of Guaranteed Income
Lump Sum
(Limited Pay)
2.5% of Sum Assured on Maturity
Lump Sum
(Single Pay)
1.0% of Sum Assured on Maturity
Plan Option/
Annual Premium
(₹)
30,000
(₹)
50,000
(₹)
1,00,000
(₹)
2,50,000
Income
5.98%
6.09%
6.17%
6.22%
Early Income
5.13%
5.29%
5.40%
5.47%
Lump Sum
(Limited Pay)
5.39%
5.56%
5.69%
5.76%
Lump Sum
(Single Pay)
5.17%
5.66%
5.82%
The above illustrated values are for a 30 year old male selecting
  1. Premium payment term as 10 years, policy term of 11 years and income period of 10 years taking income in annual installment under Income and Early Income plan option

  2. Premium payment term as 7 years, policy term as 15 years under Lump sum (Limited Pay) plan option

  3. Policy term as 15 years under Lump sum (Single Pay) plan option.
  1. For a premium payment term of 5 years, you will start getting guaranteed income from the end of 7th year

  2. For a premium payment term of 6 years, you will start getting guaranteed income from the end of 8th year

  3. For a premium payment term of 7 years, you will start getting guaranteed income from the end of 9th year

  4. For a premium payment term of 8 years, you will start getting guaranteed income from the end of 10th year

  5. For a premium payment term of 10 years, you will start getting guaranteed income from the end of 12th year

  6. For a premium payment term of 12 years, you will start getting guaranteed income from the end of 14th year
  1. For a premium payment term of 6 years, you will get guaranteed early income from 2nd year till 7th year and guaranteed regular income from 7 th year till 12 th year

  2. For a premium payment term of 7 years, you will get guaranteed early income from 2nd year till 8th year and guaranteed regular income from 8 th year till 14 th year

  3. For a premium payment term of 8 years, you will get guaranteed early income from 2nd year till 9th year and guaranteed regular income from 9 th year till 16 th year

  4. For a premium payment term of 10 years, you will get guaranteed early income from 2 nd year till 11th year and guaranteed regular income from 11th year till 20th year

  5. For a premium payment term of 12 years, you will get guaranteed early income from 2 nd year till 13th year and guaranteed regular income from 13th year till 24th year
With Save the Date feature#, you have the option to receive income on any special date like yours or your spouse's birthdate or on your anniversary date in Income and Early Income plan options.
  1. In Income plan option, you can choose to receive guaranteed income either monthly or yearly.

  2. In Early Income plan option, the frequency of Guaranteed Early Income pay-out will be as per the frequency of premium payment. You can choose to receive guaranteed regular income either monthly or yearly.
The premiums paid are eligible for Deduction u/s 80C * up to ₹1,50,000. You can also enjoy tax-free* payout as the Maturity Benefit is exempt subject to conditions u/s 10(10D)*.
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.
You have the option of taking loan up to 80% of surrender value against the policy to help you in case of any financial emergencies.
Benefits
How the Plan Works?
FAQ's
Check Returns

<ClaimForSure: 1 Day Death Claim Settlement is available for the following:

a) Policies that have been active for 3 consecutive years. All due premiums in the policy have been paid and the policy has been active for 3 consecutive years preceding life assured's death.

b) All mandatory claim documents are submitted at the branch. Mandatory documents to be submitted at Branch Office-Claimant statement form,Original policy certificate,Copy of death certificate issued by local authority, AML KYC documents-Nominee's recent photograph, Copy of Nominee's pan card,Nominee's current address proof, photo identity proof, Cancelled cheque/Copy of bank passbook,Copy of medico legal cause of death,Medical records (Admission notes,Discharge/Death summary,Test reports, etc). For accidental death-Copy of FIR, Panchnama,Inquest report,Postmartem report,Driving license.

c) Total claim amount of all the life policies held by the Life Assured <=₹ 1.5 Crore

d) Claim does not require any on-ground investigation

<1 Day is a working day, counted from date of receipt of all relevant documents from the claimant, additional information sought by the Company and any clarification received from the claimant. The Company will be calling the claimants for verification of information submitted by the Claimant which will also be considered as part of relevant documents.

Working day will be counted as Monday to Friday and excluding National holidays/Bank holidays/Public holidays.

∆Interest shall be at the bank rate that is prevalent at the beginning of the financial year in which death claim has been received. In case of breach in regulatory turnaround time, interest will be paid as per IRDAI regulations.

1The total income is calculated for a 30-year-old healthy male with a premium paying term of 10 years, policy term of 11 years and income period of 10 years taking income in annual instalment under Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

2The total benefits is for a 30-year-old healthy male with a premium paying term of 10 years, policy term of 11 years and income period of 10 years taking income in annual instalment under Early Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted. The total benefits is the sum of all incomes payable under the Early Income plan option.

3The regular income is for a 30-year-old healthy male with a premium paying term of 10 years, policy term of 11 years and income period of 10 years taking income in annual instalment under Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted. The total benefits is the sum of all incomes payable under the Income plan option.

4Calculated for a 30-year-old healthy male with a premium paying term of 7 years and a policy term of 15 years for Lump Sum plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

5Calculated for a 6-year-old healthy male with a premium paying term of 7 years and a policy term of 15 years for Lump Sum plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

6Calculated for a 30-year-old healthy male with one-time premium payment and a policy term of 10 years for Lump Sum plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

7Higher benefits for women: For a female life assured, the rates will be those applicable to male life assured two year younger.

##Save the Date: You can choose to receive income on any one date succeeding the due date of first income to coincide with any special date. This option is available only for Income and Early Income options. This option needs to be selected at policy inception or before the maturity date. The GIs payable from the special date will be increased for the deferment period i.e. the period between the due date of first GI pay-out and the special date, at an interest rate of 3.00% p.a. compounded monthly. Any change in interest rate will be subject to prior approval from IRDAI.

`In case of death of the Life Assured during the Income Period under Income plan &Early Income plan options, the nominee will continue to receive the Guaranteed Incomes (GIs) till the end of the Income Period. At any time during the income period, the claimant has the option to receive the future GIs discounted at a rate of 9.00% p.a., in the form of a lump sum benefit. This discount rate is not guaranteed and is computed with reference to prevailing yield on 10 year Government. Any change in discount rate/formula will be subject to prior approval from IRDAI.

^^Data regarding AUM is as per Annual Report of the Company for FY2022

``Bonus declared for policyholders of participating policies: Source - https://www.livemint.com/companies/news/icici-prudential-declares-highest-ever-annual-bonus-of-rs-968-8-cr-to-policyholders-for-fy22-11655724841277.html

+Life Cover is the benefit payable on death of the life assured during the policy term.

*Tax benefits of ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20%(including cess excluding surcharge) on life insurance premium u/s 80C of ₹1,50,000. Tax benefits under the policy are subject to conditions under Section 80C, 80D,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. The Tax Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.

‘Our Life insurance policies cover COVID-19 claims under life insurance claims, subject to applicable terms and conditions of policy contract and extant regulatory framework.

**Benefits from 2nd year onwards is available under the Early Income plan option.

''Guaranteed Income is the income that you receive during the Income Period under Income and Early Income plan options. Guaranteed benefits in the form of regular income will be payable under Income Plan option and Early Income Plan option provided all due premiums have been paid.

~Additional Maturity Benefit is offered for online sales: For Lump Sum Plan option, 2.5% of Sum Assured on Maturity is applicable for Limited pay. In case of Single Pay in Lump Sum Plan option, 1% of Sum Assured on Maturity is applicable. For Income Plan option, 2.5% of Guaranteed Income is applicable. For Early Income Plan option, 3.5% of Guaranteed Income is applicable. For Single Pay Income Plan option, 1% of Guaranteed Early Income is applicable.

^Guaranteed benefits in the form of lump sum will be payable under Lump Sum Plan option. Guaranteed benefits in the form of regular income will be payable under Income Plan option and Early Income Plan option provided all due premiums have been paid.

ICICI Pru Guaranteed Income For Tomorrow offers four plan options namely 'Lump sum', 'Income', 'Early Income' and 'Single Pay Income'. The customer can choose any plan option from the four available options. Please refer to the brochure for more details.

¶¶The total income is calculated for a 7-year-old healthy male with a premium paying term of 10 years, policy term of 11 years and income period of 5 years and taking income in annual instalment under Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted. The calculation is made under the assumption that the child starts college at the age of 18 years and completes college at the age of 20 years, the child starts higher education at the age of 21 years and completes higher education at the age of 22 years.

$$The returns are derived basis age, gender and premium entered by the customer, pre-populated from the information provided at the time of filling the personal details in the calculator.

8 Premium recommendation is based on age and annual income while the returns is derived basis age and gender of the existing customer, pre-populated from the information provided at the time of previous policy purchase.

9 Interest rates are declining: Source - "https://www.livemint.com/money/personal-finance/rbi-keeps-interest-rates-low-despite-economic-revival-11628615514999.html

11The total amount is calculated for a 30-year-old healthy male with a premium paying term of 10 years paying premiums in monthly mode, policy term of 11 years and income period of 10 years taking income in annual installment under Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted. Total benefit of ₹ 1,00,19,380 is calculated by taking the sum of all guaranteed incomes payable over the entire income duration.

`Average turnaround time for non-investigated retail death claims from receipt of last requirement as per Annual report for FY2022

☩You can take a policy loan after your policy acquires a surrender value. The maximum loan amount will be 80% of the surrender value.

☩☩1 Cr Returns: The total amount is calculated for a 30-year-old healthy male with a premium paying term of 10 years paying premiums of ₹ 38,000 in monthly mode and a policy term of 20 years for Lump Sum plan option. The premium shown is exclusive of taxes and ₹ 1,01,52,150 is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

OCalculated for a 30-year-old healthy male with a premium paying term of 10 years and a policy term of 20 years for Lump Sum plan option. The premium shown is exclusive of taxes and the mentioned benefit of ₹ 1,01,52,150 is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

--The total benefits is for a 30-year-old healthy male with a premium paying term of 5 years, policy term of 6 years and income period of 10 years taking income in annual instalment under Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted

OOCalculated for a 30-year-old healthy male with a premium paying term of 5 years and a policy term of 10 years for Lump Sum plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted.

--The total benefits is for a 30-year-old healthy male with a premium paying term of 7 years, policy term of 8 years and income period of 7 years taking income in monthly instalment under Early Income plan option. The premium shown is exclusive of taxes and the mentioned benefit is payable only if all premiums are paid as per the premium paying term and the policy is in force till the completion of entire policy term opted. The total benefits is the sum of all incomes payable under the early income plan option.

%58.1 mn lives covered across our individual and group customers as per ICICI Prudential Life Council Report

+ Life cover is the benefit payable on the death of the Life Assured during the policy term.

* Tax benefits are subject to conditions under Sections 80C, 80D, 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses 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 the above.

ICICI Pru Guaranteed Income For Tomorrow UIN 105N182V08 (A Non-Linked Non-Participating Life Individual Savings Product)

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 1-800-266-7766 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. ICICI Pru Guaranteed Income For Tomorrow UIN: 105N182V08. Advt. No.: W/II/0037/2023-24.

 
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.
 
claimForSure
A good claims experience is the ultimate service that an insurance company can provide to its customers. At ICICI Prudential Life, we put our customers first and have been striving to improve our claims experience over time. We are relaunching our ClaimForSure service and we promise to settle death claims in 1 day<. Interest∆ will be paid on claim amount of every day of delay beyond 1 working day.
1 Day< Death Claim Settlement is available for the following:
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Policies that have been active for 3 consecutive years<.
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All mandatory claim documents are submitted at the branch<.
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Total claim amount of all the life policies held by the Life Assured <= ₹ 1.5 Crore.
{claiminfo.alt}
Claim does not require any on-ground investigation.
CloseIconCFS
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