IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT
PORTFOLIO IS BORNE BY THE POLICYHOLDER
+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, 2023
18Data regarding AUM is as per Annual Report
of the Company for FY2023.
++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 Hybrid Growth Fund |
ULIF 147 050123 MCHybrdGrt 105 |
Mid Cap Fund |
ULIF 146 28/06/22 MidCapFund 105 |
Mid Cap Index Fund |
ULIF 149 050723 McIndxFund 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 |
Value Enhancer Fund |
ULIF 139 24/11/17 VEF 105 |
Opportunities Fund |
ULIF 086 24/11/09 LOpport 105 |
Multi Cap Growth Fund |
ULIF 085 24/11/09 LMCapGro 105 |
Maximise India Fund |
ULIF 136 11/20/14 MIF 105 |
Bluechip Fund |
ULIF 087 24/11/09 LBluChip 105 |
Multi Cap Balanced Fund |
ULIF 088 24/11/09 LMCapBal 105 |
Balanced Advantage Fund |
ULIF 144 03/06/21 BalanceAdv 105 |
Sustainable Equity Fund |
ULIF 145 03/06/21 SustainEqu 105 |
Active Asset Allocation Balanced Fund |
ULIF 138 15/02/17 AAABF 105 |
Income Fund |
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 |
Constant Maturity Fund |
ULIF 148 050123 ConstntMat 105 |
Mid Cap 150 Momentum 50 Index Fund |
ULIF 151 180124 McMomentum 105 |
Multicap 50 25 25 Index Fund |
ULIF 152 220224 MultiCapIF 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/Mar/2024/53/5609
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/1515/2023-24
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.