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
    • Policy continues with smart benefit*
  • Create your plan
Enter your details to create your customised child plan
  • Submit
 
 
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
Get rewarded with Loyalty Additions and Wealth Boosters by staying invested in this plan^
EMERGENCY FUND
You can make withdrawals from your investment on completion of 5 policy years**.
CONTROL OF YOUR INVESTMENT
Choose from 8 funds (equity, debt and balanced funds) to invest and can Switch between them anytime, tax free
TAX BENEFIT
Get tax benefits on premiums paid and benefits received under Section 80C 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.
^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.
Tax benefits under the policy are subject to conditions u/s 80C & 10 (10D) of the Income Tax Act, 1961. Service tax & cess will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time. Refer to the brochure link provided below for detailed understanding of the product features, terms and conditions and charges.Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values and the customer shall be responsible for his/her decision. The names of the Company, Product names or fund options do not indicate their quality or future guidance on returns. Funds do not offer guaranteed or assured returns.
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: U66010MH2000PLC127837.
© 2016, ICICI Prudential Life Insurance Company Limited. Registered Address: 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms & conditions please read the sales brochure carefully before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd which shall be used by ICICI Prudential Life Insurance Company Limited under Registered License No.105. UIN of ICICI Pru Smart Life: 105L145V01. Advt: W/II/0529/2016-17.
BEWARE OF SPURIOUS PHONE CALLS & FICTITIOUS/FRAUDULENT OFFERS
IRDAI clarifies to public that
  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.