1Life cover is the benefit payable on death of the life assured
during the policy term. Death Benefit will be highest of:
- Sum Assured, including Top-up Sum Assured, if any
- 105% of the total premiums paid
- Fund Value including the Top-up Fund Value, if any
2The premium ₹4493 p.m. is calculated for a 40-year-old healthy
male with the monthly mode of payment, premiums paid for 12 years for the policy term of 40 years
and life cover of ₹50 lakh. The premium shown is inclusive 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 sum assured multiple in ICICI Pru Protect N Gain is
calculated basis the chosen life cover, life assured’s age, premium payment term and policy term.
The highest available sum assured multiple is 125 in the product.
*Tax 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 details
^The premium ₹8982 p.m. is calculated for a 40-year-old healthy
male with the monthly mode of payment, premiums paid for 12 years for the policy term of 40 years
and life cover of ₹1 crore. The premium shown is inclusive 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 Tax Savings of ₹ 33 Lakh u/s 80C &
10(10D)
~Maturity benefit is policy fund value, including top up fund
value, if any. On payment of maturity benefit, the policy terminates.
~!The premium ₹8,886 p.m. is calculated for a 30-year-old
healthy male with the monthly mode of payment, premiums paid for 10 years for the policy term of
30 years and life cover of ₹1 crore. The premium shown is inclusive 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.
1LThe premium ₹40,278 p.m. is calculated for a 30-year-old
healthy male with the monthly mode of payment, premiums paid for 12 years for the policy term of
40 years, life cover of ₹5 crore, accidental death cover of ₹3 crore and accidental disability
cover of ₹ 3 crore. Total cover is of ₹ 11 crore. The premium shown is online and inclusive of
taxes. Maturity benefit at 8% ARR is ₹5 Cr and at 4% ARR it is ₹1.7 Cr. 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.
^aThe premium ₹12,473 p.m. is calculated for a 40-year-old
healthy male with the monthly mode of payment, premiums paid for 12 years for the policy term of
40 years, life cover of ₹1.5 crore, accidental death cover of ₹ 1.5 crore and accidental
disability cover of ₹ 1.5 crore. Total cover is of ₹ 4.5 crore. The premium shown is inclusive 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.
^bThe premium ₹21,298 p.m. is calculated for a 45-year-old
healthy male with the monthly mode of payment, premiums paid for 12 years for the policy term of
40 years, life cover of ₹2 crore, accidental death cover of ₹ 2 crore and accidental disability
cover of ₹ 2 crore. Total cover is of ₹ 6 crore. The premium shown is inclusive 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.
^cThe premium ₹17,965 p.m. is calculated for a 40-year-old
healthy male with the monthly mode of payment, premiums paid for 12 years for the policy term of
40 years, life cover of ₹2 crore, accidental death cover of ₹ 2 crore and accidental disability
cover of ₹ 2 crore. Total cover is of ₹ 6 crore. The premium shown is inclusive 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 tax savings of Rs. 67.7
Lakhs u/s 80C & 10(10D)
^dThe premium ₹15,973 p.m. is calculated for a 45-year-old
healthy male with the monthly mode of payment, premiums paid for 12 years for the policy term of
40 years, life cover of ₹1.5 crore, accidental death cover of ₹ 1.5 crore and accidental
disability cover of ₹ 1.5 crore. Total cover is of ₹ 4.5 crore. The premium shown is inclusive 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.
3Systematic Withdrawal Plan is allowed only after the first five
policy years.
4For the Life variant, starting from the 11th policy year, you
will receive 2X/4X of return of mortality and 2X of premium allocation charges (excluding taxes),
at the beginning of each month, till the end of the policy term. For Growth variant, you will
receive premium allocation charges paid back from 11th policy year, mortality charges back- from
11th to 25th policy year and 2.5 X mortality charges from 26th policy year. These will be added in
the form of units to the Fund Value.
5At policy maturity, an addition, known as Maturity Booster in
the form of extra units (Units mean a specific portion or part of the Unit Linked Fund(s) in which
you have saved your money) will be made to boost your Fund Value. This Maturity Booster will be
equal to 20% 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.
6Switches are only applicable for fixed portfolio strategy and
not applicable for other portfolio strategies.
7Available through mandatory rider ‘ICICI Pru Linked Accidental
Death and Disability Rider’. Please refer to the rider brochure for more details.
8The onboarding process of ICICI Pru Protect N Gain Life Variant
is on basis of income documentation with minimum declared income requirement of 3L, video medicals
up to age 45, minimum education of HSC. For ICICI Pru Protect N Gain Growth Variant, no income
documentation needed, only on basis of declared income >3L. No medicals up to age 45, minimum
education criteria is HSC. These are on basis of current underwriting guidelines and are subject
to change.
9The premium ₹1,42,500 p.a. is calculated for a 35-year-old
healthy male with the yearly mode of payment, premiums paid for 10 years along with policy term of
40 years. He will also get a life cover, accidental death benefit rider and accidental disability
rider of ₹51.5 lakh each. The premium shown is inclusive 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.
`Premiums are exclusive of taxes.
~aThe premium ₹8,886 p.m. is calculated for a 30-year-old
healthy male with the monthly mode of payment, premiums paid for 10 years for the policy term of
30 years and life cover of ₹1 crore. The premium shown is inclusive 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.
~bThe premium ₹8,886 p.m. is calculated for a 30-year-old
healthy male with the monthly mode of payment, premiums paid for 10 years for the policy term of
30 years and life cover of ₹1 crore. The premium shown is inclusive 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.
~cThe premium ₹8,886 p.m. is calculated for a 35-year-old
healthy male with the monthly mode of payment, premiums paid for 10 years for the policy term of
30 years and life cover of ₹1 crore. The premium shown is inclusive 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.
~dThe premium ₹8,886 p.m. is calculated for a 40-year-old
healthy male with the monthly mode of payment, premiums paid for 10 years for the policy term of
30 years and life cover of ₹1 crore. The premium shown is inclusive 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.
URisk factors and warning statements
- Linked insurance products/ annuity products with variable pay-out options are different from
traditional insurance products and are subject to the risk factors.
- The premium paid in linked insurance policies are subject to investment risks associated
with capital markets and publicly available index. The NAVs of the units may go up or down
based on the performance of fund and factors influencing the capital market/ publicly
available index and the insured is responsible for his/her decisions.
- ICICI Prudential Life Insurance in only the name of the Life Insurance Company and ICICI Pru
Protect N Gain is only the name of the linked insurance contract and does not in anyway
indicate the quality of the contract, its future prospects or returns.
- Please know the associated risks and the applicable charges, from your insurance agent or
intermediary or policy document issued by the insurance company.
- The various funds offered under this contract are the names of the funds and do not in any
way, indicate the quality of these plans, their future prospects and returns
<1 Day is a working day, counted from the 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.
`!Data regarding AUM is as per ICICI Prudential Annual Report
2023-2024. Please refer to Public Disclosure section on ICICI Prudential website for more details.
T77.1 Mn lives covered across our individuals and group
customers as per ICICI Prudential Annual Report 2023-24. Please refer to Public Disclosure section
on ICICI Prudential website for more details.
^^As per ICICI Prudential Annual Report 2023-24: Financial
Statements (Schedule 4- Benefits paid (Gross))of the company, benefits paid since inception up to
March 31, 2024.
a) 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) 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, Postmortem 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
You have the option to at once select up to 20 funds out of the available
22 funds
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. Under ULIP policies, if claim is
submitted prior to 3 pm then the claim will be considered under Claim For Sure on the same day. If
claim is submitted post 3pm or if the policy is inactive at the time of claim notification then
the claim will be considered under Claim For Sure the next day as per availability of NAV.
Unit Linked Insurance Products do not offer any liquidity during the first
five years of the contract. The policyholder will not be able to surrender or withdraw the monies
invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.
Unit Linked products are different from traditional insurance products and
are subject to the risk factors.
The premium paid in ULIPs are subject to investment risks associated with
capital markets and the NAVs of the units may go up or down based on the performance of fund and
factors influencing the capital market and the insured is responsible for his/ her decisions.
ICICI Prudential Life Insurance is only the name of the Life Insurance
Company and ICICI Pru Protect-N-Gain is only the name of the unit linked insurance product and
does not in any way indicate the quality of the product, its future prospects and returns.
Please know the associated risks and the applicable charges, from your
Insurance agent or the Intermediary or policy document issued by the Insurance company.
The various funds offered under this product are the names of the funds and
do not in any way indicate the quality of these plans, their future prospects and returns.
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 Fund 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 |
Mid Cap Index Fund |
ULIF 149 050723 McIndxFund 105 |
Mid Cap 150 Momentum 50 Fund |
ULIF 151 180124 McMomentum 105 |
Multicap 50 25 25 Index Fund |
ULIF 152 220224 MultiCapIF 105 |
MidSmall Cap 400 Index Fund |
ULIF 153 150424 MidSmal400 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 |
Constant Maturity Fund |
ULIF 148 050123 ConstntMat 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 |
Comp Code: COMP/DOC/Jul/2024/127/6655
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 1800-2660 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 Protect N Gain UIN: 105L191V03.
Advt No: W/II/0652/2024-25. ICICI Pru Accidental Death and Disability Rider UIN: 105A043V02.
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.