IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
A plan that continues to save for your child,
even when you are not around
This is one investment for your child's future that is NOT dependent on you being there.
  • If nothing happens to you, the plan will work like a good investment and you get the fund value on maturity
  • In case of death:
    • Your child (nominee) gets the lump sum benefit
  • Create your plan
Enter details to create your customised child saving plan
  • I am
  • Date of Birth
    36 years
  • To make sure you get the right life insurance, we can call you to talk you through your needs and help you buy.

  • You may be contacted regarding your quote through email, so please make sure we have your correct details.

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WHAT MAKES THIS PLAN A MUST-HAVE TO SECURE YOUR CHILD'S FUTURE

FINANCIAL PROTECTION

In case of death of the life assured, death benefit paid out to the nominee as a lump sum

GROWTH OF INVESTMENT

Premium you pay will be invested in your choice of equity, debt or balanced funds to build a corpus for your child's future

LOYALTY BONUS

EMERGENCY FUND

You can make withdrawals from your fund value investment on completion of 5 policy years**

CONTROL OF YOUR INVESTMENT

Choose from diverse suite of funds (equity, debt and balanced funds) to invest and can Switch between them anytime, tax free

TAX BENEFIT#

Get tax benefits on premiums paid under Section 80C and on maturity proceeds under section 10(10D) of the Income Tax Act 1961

CHOICE OF PROTECTION LEVELS

Choose the level of protection to suit your needs

FLEXIBILITY

Choose to pay premium just once or for the entire policy term
  • FINANCIAL PROTECTION

    In case of death of the life assured, death benefit paid out to the nominee as a lump sum
  • GROWTH OF INVESTMENT

    Premium you pay will be invested in your choice of equity, debt or balanced funds to build a corpus for your child's future
  • LOYALTY BONUS

  • EMERGENCY FUND

    You can make withdrawals from your fund value on completion of 5 policy years**
  • CONTROL OF YOUR INVESTMENT

    Choose from diverse suite of funds (equity, debt and balanced funds) to invest and can Switch between them anytime, tax free
  • TAX BENEFIT#

    Get tax benefits on premiums paid under Section 80C and on maturity proceeds under section 10(10D) of the Income Tax Act 1961
  • CHOICE OF PROTECTION LEVELS

    Choose the level of protection to suit your needs
  • FLEXIBILITY

    Choose to pay premium just once or for the entire policy term

*Company pays all due premiums in your absence provided all due premiums have been paid.

**Partial withdrawals are allowed after the completion of five policy years provided monies are not in Discontinued Policy Fund. You can make unlimited number of partial withdrawals as long as the total amount of partial withdrawals in a year does not exceed 20% of the Fund Value in a policy year. The partial withdrawals are free of cost.

#Tax benefit of ₹ 46,800 is calculated at highest tax slab rate of 31.2% (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, 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cess (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.

^Loyalty Additions are applicable from the 6th policy year onwards. This is in the form of extra units at the end of every policy year. Each Loyalty Addition will be equal to 0.25% of the average of the Fund Values on the last business day of the last eight policy quarters. You get an additional Loyalty Addition of 0.25% every year from the end of year 6 if all premiums for that year have been paid. Wealth Boosters will be allocated as extra units at the end of every 5th policy year starting from the end of the 10th policy year. Each Wealth Booster will be 3.25% for Regular Pay policies and 1.5% for Single Pay policies of the average of the Fund Values on the last business day of the last eight policy quarters.

UIN of ICICI Pru Smart Life: 105L145V05 ADVT: W/II/3702/2021-22

© 2016, ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. Registered Address:- 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. Call us on +91-2262955609 (9.00 a.m. - 9.00 p.m., all days, except national holidays and valid only for calls made from India). For enquires related to new policies purchased online, please call us on 1860 267 9997 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. Tax benefits under the policy are subject to conditions under Sec. 80C, 80D and Sec 10(10D) of the Income Tax Act, 1961. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time.

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.

irdai cautions public against spurious calls and FICTITIOUS offers

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