IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Unit Linked Insurance Plan
Build Wealth & Save Tax
with market-linked returns
3 years CAGR returnsThe above-mentioned benchmark is the benchmark used by the company to track the performance of the funds.View all
Buy online & avail 0% premium allocation charges+
View all benefits
Plans start at just ₹2500 p.m. Invest Now!
Signature ULIP Calculator - Wealth Creation
People in the market looking for a financial instrument that helps them grow and save their money regularly and want to take advantage of a low charge plan with the flexibility of investment and withdrawal.
Pay₹5000 p.m. for 20 years
People looking to build a corpus for their retirement can invest in this plan to enjoy tax-free* market-linked returns.
Pay₹15000 p.m. for 25 years
Parents looking to build a corpus for their child’s higher education will benefit from market-linked returns. The Systematic Withdrawal Plan allows withdrawal from your fund at your child’s important milestones.
Pay₹10000 p.m. for 15 years
Existing ICICI Prudential customers wishing to take advantage of financial markets can buy this plan easily from home.
Pay₹10000 p.m. for 10 years
People who wish to take advantage of market-linked returns at relatively lower risk can choose from multiple equity, balanced and debt fund options with unlimited free switches5.
Pay₹7000 p.m. for 15 years
Signature comes with tax* benefits. You can get tax* benefits on premiums paid subject to conditions u/s 80C* and on returns received subject to conditions u/s 10(10D)*
Pay₹5000 p.m. for 20 years
What is ICICI Pru Signature Online?
ICICI Pru Signature is a Unit Linked Insurance Plan (ULIP) that helps you save systematically and build wealth with tax* benefits on market-linked returns received through the policy, while also securing the future of your loved ones with a life cover/.
Life Cover/ for the entire policy term and an optional Accidental Death & Disability cover, so that your family is financially secured even in your absence
Choice of 4 portfolio strategies and 19 funds across equity, balanced and debt to suit your investment needs.
Unlimited Free Switches5
Switch between the funds as many times as you want, completely free of cost.
Get rewarded with Wealth Boosters2 at regular intervals at 3.25% of your fund value by just staying invested in the plan.
Get money at regular intervals to fund your different life goals with Systematic Withdrawal Plan. Get Partial Withdrawals without any penalty or reduction in life cover/.
Return of Charges+
No premium allocation charges when buying online. Return of Mortality Charges and policy administration charges at maturity.
Get tax* benefits on premiums paid subject to conditions u/s 80C* and on returns received subject to conditions u/s 10(10D)*
How the plan works?
One plan, multiple objectives
Two Minute Overview
ICICI Pru Signature Online is an ideal plan for regular equity investors, first-time investors and those looking to save tax.
Two Minute Overview
ICICI Pru Signature Online helps to get tax-free* income for a comfortable retirement.
Two Minute Overview
ICICI Pru Signature Child is an ideal plan for parents who wish to build corpus to ensure that their child can achieve the key milestones in life.
Return of charges+ on maturity
19 funds across all fund classes
Premium Allocation Charges
For Whole Life Option- ₹5,000 p.m
3.25% of Fund Value added on staying invested
Life cover/ for the entire policy term
Premium Payment Term Options
Limited / Regular Pay
Unlimited Free Withdrawals3
Unlimited free fund switches5
Akash’s Wealth Creation Story
Loading Fund Performance...
The above mentioned benchmark is the benchmark used by the company to track the performance of the funds.
Good to Know~
It is a generally adopted practice to put in (100 – your age) % of your investments in equity instruments and the rest in debt instruments
Get tax* benefits on premiums paid and returns received as per prevailing tax* laws
You should try to invest 10% of your annual income into life insurance
How to maximize your ULIP returns?
Start Investing Early
Pay premiums regulary
Right Asset Allocation
Make fund switches to safeguard your gains
Keep a younger person as the Life Assured
Buy Online in 3 simple steps
Choose premium amount
Select your choice of funds
Fill Application form & Make Payment
Need Help? Call us Today
Why choose ICICI Prudential Life?
Lives covered as on March 31, 2023T
₹2.36 Lakh Cr
Benefits paid till March 31, 2023`
₹2.50 Lakh Cr
Assets under management as on March 31, 202318
Death Claim Settlement
Frequently Asked Questions
What are the benefits that I get under this plan?
The ICICI Pru Signature online plan is a systematic wealth creation plan which can be purchased online to achieve your long-term financial goal. Some unique benefits of this plan are-
Wealth creation opportunity- The plan offers an opportunity to create wealth over long-term for your goal with the combination of equity, debt and balanced fund options available
Online benefit- This plan has 0% premium allocation charges+ making it a very attractive long-term proposition
Loyalty benefits- Get rewarded with Wealth Boosters2 at regular intervals by just staying invested in the plan.
Life cover/- Life Cover/ for the entire policy term so that your family is financially secured even in your absence.
Whole-life option - Enjoy policy benefits till 99 years of age with the Whole Life option.
Flexibility- Choice of 4 portfolio strategies and wide range of funds across equity, balanced, and debt to suit your investment needs
Free Switches5- Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost.
Tax-benefits- You may receive tax-free* maturity amount under Sec 10(10D) and deduction of premiums paid u/s 80C*
Systematic withdrawals- Option to get regular money from your fund value with Systematic Withdrawal Plan
Quick & Safe buying process- Buying this plan online is completely safe, secure & convenient. It takes only 10-15 minutes to fill the form & do the payment. You can also talk to our experts on toll-free no. 1800 209 9777 for any queries
Online servicing- The entire servicing of this plan can be done online or through our official app. This saves your time to visit the branch for any of your concerns
Low charges- Entire premium without any deductions is invested in the funds along with the return of mortality and policy administration charges at maturity
What are the tax benefits under this plan?
ICICI Pru Signature plan offers 2 types of tax-benefits* to our customers-
Tax Deduction of premiums paid u/s 80C of Income Tax Act, 1961.
Tax benefit* on maturity or death proceeds subject to Section 10(10D) of Income Tax Act 1961.
In case of death, what benefit does this plan give?
To protect the family from the unfortunate demise of the life assured, the ICICI Pru Signature online offers the death benefit under this plan. In case of the death of the policy holder during the policy term & provided the funds are not in the Discontinued Policy (DP) fund, death benefit will be calculated as below,
Death Benefit = A or B or C whichever is highest where, A = Sum Assured, including Top-up Sum Assured, if any B = Minimum Death Benefit C = Fund Value including the Top-up Fund Value, if any Minimum Death Benefit will be 105% of the total premiums including Top-up premiums, if any received up to the date of death.
Do I get some extra benefit under this plan?
The ICICI Pru Signature online plan comes with a host of additional benefits for our customers-
Wealth boosters2- We will contribute to your wealth creation by allocating extra units to your policy at the end of every 5th policy year starting from the end of the 10th policy year till the end of your policy term
Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost5.
Choice of 19 funds to select as per your risk appetite
Flexibility to choose the premium payment frequency and payment modes of your choice from plenty of options
Simple & convenient Systematic Investment plan where you can choose to invest monthly, half-yearly or yearly.
Can I buy this plan online?
The ICICI Pru Signature online plan can be easily bought online in 4 simple steps-
Choose your premium amount
Select your choice of funds
Make a safe payment online
Get a digital welcome kit delivered once the policy is issued
The key benefits of buying this plan online are-
0% premium allocation charge+ on your investment
Paperless and convenient buying journey
Quick digital documentation process
Toll-free call-based assistance for any queries - 1800 209 9777
30 days free-look period to review your policy details
How is my money invested?
Your entire premium is allocated among the funds of your choice without any deductions along with Return of Mortality and Policy Administration Charges at maturity (exclusively for customers buying online). With choice of 4 portfolio strategies and wide range of funds, this plan gives you abundant flexibility to invest as per your needs.
How are the returns calculated?
ICICI Pru Signature online aims to achieve long-term superior returns from a diversified portfolio of equity, debt & balanced funds. The customer has the flexibility to choose his portfolio strategy & the funds depending upon the risk appetite & get the benefit of market swings the best way possible. Unit Pricing: The NAV for different Segregated Funds shall be declared on all business days (as defined in Investment Regulations)
There is no minimum age for buying this plan. The maximum age limit is 60 years. When you are young, you are free from liabilities in terms of dependents and hence, you have the potential to take higher risk to get better returns. The earlier you start investing in a ULIP, the sooner you can achieve your financial goals. This plan has a lock-in period of 5 years after which you have an option to surrender if needed.
How long do I need to pay the premiums for?
The customer has the flexibility to choose the 2 types of premium payment terms - Limited Pay & Regular pay for the policies they have chosen,
Non-whole life policies- Limited pay - The customer can choose to pay for 5, 7 or 10 years Regular pay - The customer will pay for entire policy term
Whole life policies- The customer has only limited pay option i.e. pay for 7, 10 or 15 years
Yes. The customer can surrender this plan if required. However, depending upon the year of the policy you wish to surrender the surrender benefits will be applicable as below,
If you wish to surrender during the lock-in period i.e. first five policy years, the Funds will be transferred to the Discontinued Policy (DP) Fund and will be received by you or the nominee after five years.
On surrender after completion of the fifth policy year, you or the nominee will be entitled to the Fund Value including Top-up Fund Value if any.
In case of discontinuance of policy due to non-payment of premiums during the first five policy years, upon the expiry of grace period, the Fund Value including Top-up Fund Value, if any, shall be credited to the DP Fund after deduction of applicable discontinuance charges and the risk cover shall cease. It will continue to remain in the DP fund till the policy is revived by paying due premiums
Can I withdraw money from this plan before maturity?
Partial withdrawals are allowed after the completion of five policy years provided funds are not in DP 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. DP Funds refer to Discontinued Policy fund and consist of money from lapsed policies. Systematic Withdrawal Plan (SWP)- This facility allows you to withdraw a pre-determined percentage of your fund value regularly. This can help you to meet specific needs such as child’s education or money for day-to-day expenses during retirement. It is a feature available with ICICI Pru Signature plan.
Can I switch my investment from one fund to another before maturity?
In ICICI Pru Signature Plan, if you choose the Fixed Portfolio Strategy, you can switch units from one fund to another as many times as you want as per your financial priorities and investment opportunities. This benefit is available to you completely free of cost. The minimum switch amount is ₹2,000. Note-Switches are not applicable to other portfolio strategies.
Can I cancel this plan after purchase?
You have a period of 30 days to review your original policy document from the date of receipt if you have purchased the policy online. If you are not satisfied with the terms and conditions of your policy, you can return it to us for cancellation and you will be eligible for a refund. This will be mentioned in your policy certificate. Once received, we will process your request and refund the premium amount after applicable deductions (if any) within 15 days.
Click on the Quick links section and then select the Fund Value option
Select the individual policy to check the fund value details
What are the charges under this plan?
The Signature online plan is a new-age ULIP plan which includes lesser charges making it an attractive long-term proposition. The basic charges included in the plan are as below-
Policy Administration Charges- Policy Administration Charge are levied every month by redemption of units
Mortality charges- Mortality charges are charged for the insurance cover opted & are levied every month by redemption of units based on the Sum at Risk.
Fund management charges- The fund management charges are charged as percentage of the Fund Value and will be adjusted from the NAV on a daily basis.
However, the unique part of this plan is it doesn't charge any premium allocation charges unlike other ULIP plans. Also, the mortality charges & policy admin charges are returned on maturity making it a low-cost investment for our customers. For detailed charges please click the link below, /content/dam/icicipru/brochures/IPru-Signature-Online-Brochure.pdf
Net Asset Value (NAV)
The nominee of the policy is liable to receive a fixed amount in case of the demise of the policy holder during the policy term. This amount is called the Sum Assured. When purchasing a ULIP, you must ensure that the Sum Assured you opt for is sufficient for your dependents to continue with their lives in case something happens to you.
The premiums you pay in a ULIP are invested in funds, which grow over time. The fund value indicates the total value of the your fund on the current date. This is calculated by multiplying the number of units you own by the Net Asset Value (NAV) or the monetary value of each unit.
Net Asset Value (NAV)
In a ULIP, Net Asset Value (NAV) means the value of a single unit of your investment. An investment fund, which is a pool of investments from multiple investors (minus any liabilities), is divided by the number of outstanding units. The NAV of a fund is therefore the price of a single unit.
Premiums are the payments you make towards your plan. As an investor, you can pay premiums monthly, quarterly, half-yearly, or annually as per the mode selected by you while investing. Failure to pay the premiums on time may lead to the lapse of the ULIP Policy.
The death benefit is the total amount payable to the nominee by the insurance company on the policyholder’s unfortunate demise. It can either be the sum assured or the fund value, whichever is higher. What your beneficiary gets would depend on the plan you opt for. The nominees can obtain the death benefit either as a lump-sum or in monthly instalments.
Maturity benefit is offered to the policyholder when the policy tenure gets over. You can avail tax-free* maturity amount as per Section 10 (10D) of the Income Tax Act 1961, subject to the provisions stated therein.
Riders or add-ons are the additional benefits provided by insurance companies, which enhance the value of the coverage. Typically, the most common riders offered are critical illness rider, waiver of premium rider, accidental cover, and so forth. However, these riders vary depending upon the company.
Lock-in period is a stipulated time till which you cannot withdraw your investments. In case of ULIP, if a policyholder surrenders the policy before the completion of the lock-in period, the fund value is shifted to a discontinuation fund. The policyholder can withdraw the amount once the lock-in period is over. A ULIP has a lock-in period of 5 years.
A ULIP plan allows an individual to invest in multiple fund options at the same time. However, the policyholders also have the freedom to switch between these ULIP funds. The number of switches allowed depends on the company’s policies. ICICI Pru’s Signature plan allows unlimited free switches5 between funds.
The returns of a ULIP policy depend upon the performance of the market as well as your fund selection. One needs to stay invested for long term to be able to maximise their returns.
As the name suggests, the top-up premium is an additional amount paid over base premium. If a ULIP policyholder wants to increase the amount of his/her investment in funds, he/she can do so through top-ups.
Insurance companies levy certain charges on a ULIP. Under a ULIP, a few of the levied charges are as follows:
Policy administration charge
Fund management charge
Premium allocation charge
+There is no premium allocation charges in Signature Online. Amount equal to total of mortality charges and policy administration charges deducted in the policy will be added back to the fund value at maturity, provided all due premiums have been received. This amount will be allocated among the funds in the same proportion as the value of total units held in each fund at the time of allocation. This shall exclude any extra mortality charges and taxes levied on the charges deducted as per prevailing tax laws. Return of Mortality Charges and Policy Administration Charges is not applicable for Whole Life option.
*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 more details.
2Wealth Boosters equal to 3.25% 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 will be allocated as extra units to your policy at the end of every 5th policy year starting from the end of 10th policy year till the end of your policy term.
3Systematic Withdrawal Plan is allowed only after the first five policy years. The total withdrawals in a policy year cannot exceed 20% of the fund value.
5Switches are only applicable for fixed portfolio strategy and not applicable for other portfolio strategies.
6ICICI Pru Signature awarded Best ULIP policy of the Year 2021 by Business Today – Money Today. Source: www.businesstoday.in/magazine/money-today/cover-story/the-top-rung/story/434160.html
7The returns are derived basis age, gender and premium of the customer, pre-populated from the information provided at the time of filling the personal details in the calculator.
8Premium recommendation is based on age and annual income while the returns is derived basis age and gender of the existing customer, pre-populated from the information provided at the time of previous policy purchase.
1’Calculated for a 35-year-old healthy male with a premium paying term of 20 years and a policy term of 20 years for Regular pay option. The premium shown is exclusive 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.
2’Calculated for a 35-year-old healthy male with a premium paying term of 25 years and a policy term of 25 years for Regular pay option. The premium shown is exclusive 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.
3’Calculated for a 35-year-old healthy male with a premium paying term of 15 years and a policy term of 15 years for Regular pay option. The premium shown is exclusive 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.
4’Calculated for a 35-year-old healthy male with a premium paying term of 10 years and a policy term of 15 years for Limited pay option. The premium shown is exclusive 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.
5’Calculated for a 30-year-old healthy male with a premium paying term of 15 years and a policy term of 15 years for Regular pay option. The premium shown is exclusive 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.
6’Calculated for a 30-year-old healthy male with a premium paying term of 20 years and a policy term of 20 years for Regular pay option. The premium shown is exclusive 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 minimum Top-up premium is ₹2,000. At any point during the term of the policy, the total Top-up premiums paid cannot exceed the sum of base premium(s) paid till that time.
~The statements given in the “Good To Know” section are the suggestions on investment and are not to be considered as the strict rules on investing
T58.1 mn lives covered across our individual and group customers as per ICICI Prudential Life Council Report
`As per Financial Statements (Schedule 4- Benefits paid (Gross)) of the company, benefits paid since inception up to March 31, 2022
18Data regarding AUM is as per Annual Report of the Company for FY2022.
++All life Insurance policies purchased from October 12,2020 to March 31,2021 are eligible for the Leave Travel Concession (LTC) Cash voucher scheme.
/Life Cover is the benefit payable on the death of the life assured during the policy term.
**Return shown as on date 31-August-2023.
ARR : Assumed Rate of Return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get. As the value of the policy depends on a number of factors including future investment performance.”
Mid Cap Fund
ULIF 146 28/06/22 MidCapFund 105
Mid Cap Hybrid Growth Fund
ULIF 147 050123 MCHybrdGrt 105
India Growth Fund
ULIF 141 04/02/19 IndiaGrwth 105
Maximiser Fund V
ULIF 114 15/03/11 LMaximis5 105
Focus 50 Fund
ULIF 142 04/02/19 FocusFifty 105
ULIF 086 24/11/09 LOpport 105
Multi Cap Growth Fund
ULIF 085 24/11/09 LMCapGro 105
ULIF 087 24/11/09 LBluChip 105
Maximise India Fund
ULIF 136 11/20/14 MIF 105
Value Enhancer Fund
ULIF 139 24/11/17 VEF 105
Multi Cap Balanced Fund
ULIF 088 24/11/09 LMCapBal 105
Mid Cap Index Fund
ULIF 149 050723 McIndxFund 105
Active Asset Allocation Balanced Fund
ULIF 138 15/02/17 AAABF 105
ULIF 089 24/11/09 LIncome 105
Money Market Fund
ULIF 090 24/11/09 LMoneyMkt 105
Secure Opportunities Fund
ULIF 140 24/11/17 SOF 105
Balanced Advantage Fund
ULIF 144 03/06/21 BalanceAdv 105
Sustainable Equity Fund
ULIF 145 03/06/21 SustainEqu 105
Constant Maturity Fund
ULIF 148 050123 ConstntMat 105
<ClaimForSure: 1 Day Death Claim Settlement is available for the following:
a) Policies that have been active for 3 consecutive years. 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) All mandatory claim documents are submitted at the branch. 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,Postmartem 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
<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.
9Interest 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.
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 Signature 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.
Comp code.- COMP/DOC/Sep/2023/119/4028
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 1-860-266-7766 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 Signature UIN:105L177V06. Advt. No.: W/II/0588/2023-24
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.
1Accidental death benefit option: If the life assured covered by this benefit option passes away, due to an accident which happens within the coverage term, the Accidental Death Sum Assured will be paid out as a lump sum to the nominee. This amount will be payable if the accident occurs within the coverage term set under this benefit option, but death occurs beyond the Coverage term (however within 180 days from the date of the accident), provided the option is in-force or in grace period at the time of accident. On payment of the Accidental Death Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished.
2Accidental total and permanent disability benefit option: If the life assured covered by this benefit option become totally, continuously, and permanently disabled as a result of accident i.e., Accidental Total Permanent Disability and meets any of 3 clauses as defined in the policy document, the Accidental Total and Permanent Disability Sum Assured will be paid out as a lump sum to the nominee. On payment of the Accidental total and permanent disability Sum Assured to the Claimant, the benefit option will terminate and all rights, benefits and interests under the option will stand extinguished. For more details, kindly refer to the Rider policy document.
3It refers to life cover available under the base policy at inception. Life cover is the benefit payable on death of the Life Assured during the policy term.
4Tax benefits may be available as per prevailing tax laws. Tax benefits under the policy are subject to conditions under 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 more details.
ICICI Pru Non-Linked Accidental Death and Disability Rider. UIN: 105B042V01.
How the Plan Works?
Busting Myths about ULIPs
MYTH: ULIPs are risky
Hover to flip
MYTH: ULIPs are risky
Truth: You can choose and switch between 19 funds across debt and equity based on the level of risk you are willing to take.
MYTH: ULIPs are expensive
Hover to flip
MYTH: ULIPs are expensive
Truth: You can buy our ULIP online with 0% premium allocation charge+ and have your policy administration and mortality charges returned on maturity, essentially making it a low charge plan.
MYTH: ULIPs don’t give good returns
Hover to flip
MYTH: ULIPs don’t give good returns
Truth: You can choose and switch between 19 funds to maximize your returns based on market conditions. You also get rewarded with Wealth Boosters2 at regular intervals.
MYTH: You can’t withdraw money before maturity
Hover to flip
MYTH: You can’t withdraw money before maturity
Truth: You are allowed to make partial withdrawals3 at no extra cost once you have crossed 5 policy years.
BENEFIT OF PAYING ZERO PREMIUM ALLOCATION CHARGES
Let's see how buying online helps Akash, a 30 year old marketing professional, in creating more wealth
PAYS ONLINE FOR 20 YEARS
ON 20TH YEAR
Pays premium of ₹10000 p.m. for 20 years with the policy term of 20 yrs
With 0% Premium Allocation Charges
Without 0% Premium Allocation Charges
Get ₹1.56 Lakh extra for buying online!
Entire premium you pay is allocated among the funds of your choice without any deductions
Earn market-linked returns
Grow your wealth by investing in 19 funds across equity, balanced and debt to suit your saving needs. Fill in your details to check our fund performance.
Tax* benefits on returns received u/s 10(10D)
Get tax* benefits on your investment subject to Section 10(10D), so you can gain the most out of your investment
Get tax* benefits on premiums paid u/s 80C*
The premiums paid under the policy are eligible for tax deduction up to Rs 1.5 lakh subject to the conditions under Section 80C
Enhanced Protection3 for your family
Secure your family’s future in case of an unfortunate event with a life cover and an optional Accidental Death1 & Disability cover2
Free withdrawals3 as per your needs
Get unlimited tax-free* withdrawals so you can access your money whenever you need. The partial withdrawals are free of cost
Return of charges+ on maturity
A cost effective plan with zero premium allocation charges, return of Mortality charges and policy administration charges at maturity.
Extra Wealth boosters2 so you earn more
ICICI Prudential helps you earn more out of your investment at regular intervals in the form of wealth boosters at 3.25% of your fund value by just staying invested in the plan
Unlimited free switches5 between funds
Be worry-free in any market scenario as you have the flexibility to switch your funds unlimited times among equity, debt & balanced funds without paying any extra cost