ICICI Pru Guaranteed Pension Plan
Brochure
Consult an Expert
Guaranteed Pension Plan
Ensure guaranteed
~ lifelong income in these uncertain times
Guaranteed income for life
~
Lock-in your annuity rates for life
4
Buy online and get 1% Extra annuity*
~Conditions Apply
Guaranteed Lifelong Pension
~
Multiple Joint life Options
3
Multiple Annuity Options
Flexible Payout Options
High Purchase Price Benefit
Return of Purchase Price
9
Early Return of Purchase Price Option
ROP on Critical Illness/Permanent Disability/Death
₸
Tax Benefits
#
Pay ₹ 11 lakhs and get ₹ 10,206 p.m. guaranteed for life
7
Online Pension Calculator
What is ICICI Pru Guaranteed Pension Plan?
ICICI Pru Guaranteed Pension Plan is a single-premium annuity plan, where you can choose to get either immediate
or deferred annuity as per your needs. There are a total of 11 different annuity options to choose from. The
option you select will decide what kind of lifelong regular income you will receive under the ICICI Pru Guaranteed
Pension Plan.
Recommended For
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Retirement Guide
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How the plan works?
All you need to know
IMMEDIATE ANNUITY
DEFERRED ANNUITY
NPS PENSION
2 minutes overview
Invest once and get lifelong guaranteed income from as early as next month
Guaranteed income payments starting now
Consider Immediate Annuities if you’re looking for:
1.
A way to convert savings into a source of immediate income
2.
Guaranteed payouts you can rely on for life
3.
A way to support your savings for retirement
Policy Snapshot
Income starts:
Immediately
Min. Annuity:
₹12,000 p.a. or ₹1000 p.m.
Payment Frequency:
Just Once
Plan Options:
8
ROP on CI/PD
₸:
Yes
Joint Life:
Immediate family member
Top-Ups allowed:
Yes
Online Benefit:
Yes
Loan Facility:
No
NPS Benefit:
Yes
Illustration
Mr. Gupta's Retirement planning story
Meet Mr. Gupta
age 55 years, IT professional
He Wants
A plan where he can get a regular flow of guaranteed income even after he stops working so. He wants
the pension to continue for his wife after he is gone so that she does not face any financial setbacks
in her life.
View Story
Eligibility for Immediate Annuity
The minimum age at entry for the annuitants is as follows:
|
Annuity Options
|
Minimum Age at Entry
|
Maximum Age at Entry
|
|
Single Life with Return of Purchase Price at Age 80
|
30
|
65
|
|
Single Life with Return of Purchase Price from the Age of 76
|
30
|
70
|
|
Single Life with 50% Return of Purchase Price at Age 80
|
||
|
Single life with Return of Purchase Price on Critical illness (CI) Permanent Disability
due to accident (PD) or Death
|
||
|
For all other options
|
30
|
100
|
The minimum annuity per annum is ₹ 12,000, (₹ 1,000 per month) but there are no maximum limits.High Purchase Price Benefit
Glossary
Buy in 3 simple steps
1
2
3
Plan Issued
Create your annuity Plan
Fill application form
Make Payment & Upload Documents
Need Help? Call us Today
+91-2262955609
Why choose ICICI Prudential Life?
₹ 2.40 Lakh Crore
Assets under management as on March 31, 2022
^^
3%
Average bonus rate for the last six years
o
₹ 968.8 Crores
Bonus declared for policyholders
``
1.5 Days
Average claim settlement time
☩
Frequently Asked Questions
What other benefits come with this plan?
Who all can buy this plan?
What is the maximum and minimum annuity per annum?
What critical illnesses are covered under the option?
Is there a provision for top-up?
Is cancellation in the free look period allowed?
What are the guaranteed additions in the deferment period?
Is there any death benefit?
10 Things to know about annuities
An annuity plan can provide you with a stream of guaranteed income even when you are not working, starting either
immediately or after some years as per your choice and lasting for life.
Who guarantees my lifelong income?
How can I benefit from an annuity?
What other advantages does an annuity provide?
What is the rate of return(IRR) on an annuity plan?
How soon can my income begin?
View More
Need Help? Call us Today
+91-2262955609
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