1. What does the maturity benefit comprise of?

The maturity (vesting) benefit comprises of guaranteed and non-guaranteed components. It is the sum of:

• Assured Benefit on Vesting, which is equal to 105% of sum of Total Premiums Paid, plus
• Accumulating Cash Bonus (if any), less total amount of part encashment done using the Special Withdrawal feature, plus
• Terminal Bonus (if declared)

2. What happens at the time of maturity of the policy?

At maturity, you have two option to utilize the maturity corpus:

1. Utilize the entire Vesting Benefit to purchase immediate annuity or deferred annuity at the then prevailing annuity rate.
2. Commute/ withdraw up to 60% of the entire vesting benefit and utilize the balance amount to purchase immediate annuity or deferred annuity at the then prevailing annuity rate.

So, as per product structure you can withdraw 60% of the maturity corpus as a lumpsum. The remaining 40% will be annuitized from which you will receive lifelong pension (income). A minimum of 40% annuitization is mandatory and can be up to 100%. For more information please refer to the brochure.

3. What if I am not ready to retire, do I have an option to postpone my maturity (vesting) date? When can I do it?

Yes, you have an option to postpone the maturity (vesting) date of the policy (date on which you will get Vesting Benefit from your policy). The minimum deferral can be of one month and maximum can be up to your age of 75 years (last birthday). You can opt for this feature once during the policy term any time before the last 2 policy months of your maturity.

4. What happens if the death benefit of the policy?

If the person whose life is covered by this policy passes away during the term of the policy, the Death Benefit payable to the nominee will be equal to:

• Assured Benefit on Death (i.e. equal to 105% of sum of Total Premiums Paid), plus
• Accumulating Cash Bonus (if any), less total amount of part encashment done using the Special Withdrawal feature, plus
• Interim Bonus (if declared), plus
• Terminal Bonus (if declared)

The Interim Bonus will be computed as below:

Interim Bonus = n/12 * Interim Bonus Rate * Single or Annualized Premium

where, n is equal to completed policy months since last policy anniversary as on date of death.

What is the special withdrawal feature in the plan?

It is essential to have access to funds to take care of major life events and/or unplanned expenses, for this purpose you can use “Special Withdrawal feature”. The conditions to avail this benefit are below:

1. The first withdrawal will be permitted after completion of 3 years from the date of commencement of risk, provided all due premiums are paid to date.
2. The minimum amount of any withdrawal allowed is ₹ 5,000.
3. The maximum withdrawal permitted at any time shall not exceed the lower of:
• Value of Accumulating Cash Bonus as on the date of request; and
• 25% of the Total Premiums Paid as on the date of request, less the amount previously withdrawn (if any) as Special Withdrawals.
4. You will be permitted to make a withdrawal for a maximum of 3 times during the policy term.

For more information please refer to the brochure.

What is Silver’s Benefit in the plan?

Under Silver’s benefit, the Life Assured may avail a periodic complimentary health check-up, subject to the following eligibility conditions:

1. The benefit can be exercised after:
• After the completion of at least 3 policy years; and
• If the age of Life Assured is 50 years or above as on date of request to avail the health check-up option.
2. The number of times the Life Assured will be permitted to avail this benefit shall be:
• Limited to once in any policy year; and
• Limited to maximum 3 times over the entire policy term.
3. All due premiums must have been paid as on date of every request to exercise of this benefit.

This benefit is a complementary benefit with no additional cost.

¹ Capital Guarantee is through the Assured benefit i.e. 105% of total premiums paid

² Bonuses include regular bonus, loyalty accumulations and terminal bonus. Regular Bonuses may be declared annually throughout the policy term and will be expressed as a proportion of the Single Premium or Annualized Premium

³ This service shall be directly provided by third party service provider(s) and the Company will not be liable for any deficiency in service by the service provider. The Company reserves the right to discontinue the service or change the service provider(s) at any time. Please read the policy document to know more

⁴ In times of need, loan amount up to 80% of the Surrender Value can be availed from your policy, after it acquires a Surrender Value

⁵ Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein

⁶ This can be availed after the completion of 3 policy years and allows you to encash up to 25% of the Total Premiums Paid over the lifetime of your policy. Withdrawals are allowed for the conditions of higher education of children; marriage of children; purchase or construction of a residential house or flat; treatment of critical illnesses; to meet medical and incidental expenses arising out of the disability

⁷ The annuity amount is informed to you at the time of availing the plan and is guaranteed and unchanged for life

^# A tax-free commutation of up to 60% of the vesting benefit can be availed. Tax benefits are subject to conditions under Section 123 (Read with Schedule XV), pension u/s 93(1), section 202 and other applicable provisions and schedules of the Income Tax Act, 2025. Taxes, 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

ICICI Gold Pension Savings Plan UIN: . ADVT: W/II/1067/2026-27