ULIP
Create wealth and protect family with one plan
- Tax-free* market-linked returns
- Life Cover till 99 years of age
- Partial/Regular withdrawals any cost3
- Extra Wealth Boosters at 3.25%2
- Return of charges+
0% premium allocation charge for online buyers
Why you should buy this plan
- Tax-free* market-linked returns
- Life Cover till 99 years of age
- Partial/Regular withdrawals without any cost3
- Extra Wealth Boosters at 3.25%2
- Return of charges+
- If you are looking for a regular savings plan that takes care of fulfilling your long-term goals such as buying a house or building an emergency corpus while protecting your family with insurance cover, then ICICI Pru Signature is what you need. This plan gives you the opportunity to maximize returns on your investment with wide investment options, lower charges and unlimited free switches. You can start with just ₹ 2,500 per month and get potentially high and tax-free* returns.
Why this plan is right for you?
0% premium allocation charge for online buyers
Check returns
Plan starts at just ₹ 2,500 p.m.
Why you should buy this plan
- Tax-free* market-linked returns
- Life Cover till 99 years of age
- Partial/Regular withdrawals without any cost3
- Extra Wealth Boosters at 3.25%2
- Return of charges+
- If you are looking for a regular savings plan that takes care of fulfilling your long-term goals such as buying a house or building an emergency corpus while protecting your family with insurance cover, then ICICI Pru Signature is what you need. This plan gives you the opportunity to maximize returns on your investment with wide investment options, lower charges and unlimited free switches. You can start with just ₹ 2,500 per month and get potentially high and tax-free* returns.
Why this plan is right for you?
Key benefits of ICICI Pru Signature
Financial Protection
Life Cover for the entire policy term so that your family is financially secured even in your absence.
Return of Charges
No Premium allocation charges. Return of mortality charge and policy administration charges at maturity. +
Investment Flexibility
Choice of 4 portfolio strategies and 13 funds across equity, balanced and debt to suit your investment needs. Also enjoy the flexibility to opt for Change in Portfolio Strategy (CIPS).
Unlimited Free Switches
Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost.5
Wealth Boosters
Get rewarded with Wealth Boosters2 at regular intervals by just staying invested in the plan.
Money at regular intervals
Get money at regular intervals to fund your different life goals with Systematic Withdrawal Plan3. Get Partial Withdrawals without any penalty or reduction in life cover.
Tax Benefits*
Get tax-free maturity amount subject to Sec 10(10D) and tax benefits on premium paid under Sec 80 C.
Good to Know
Save tax on premium paid and get tax-free return on maturity as per tax laws *
Even out market ups and downs in the long run and get better returns with benefit of Rupee Cost Averaging
Entire premium without any deductions is invested in the funds of your choice
Why Choose ICICI Prudential Life^
How does the plan work?
PUt your savings to work
Mayank is a 25 year old software engineer who recently started working. Mayank is looking for an efficient plan to invest some money every month such that he doesn’t overspend and can save tax. He is hoping to build a fund corpus in a few years to be able to fund his life goals which includes taking an international trip.
ICICI Pru Signature,
Monthly premium ₹ 5,000 for 10 years with policy term 20 years and Life Cover ₹ 6 lakh
25 Age
45 Age
Premium payment
1
2
3
4
10
At the age of 36, he makes a one-time partial withdrawal of
10%
Maturity amount
₹ 14.63 lakh
ARR at 8%
₹ 8.27 lakh
ARR at 4%
At Maturity he receives fund value with mortality and policy administration charges added back.
PUt your savings to work
Rohit is a 35 year old senior corporate executive. Rohit is looking for an efficient plan to benefit from potentially high market linked returns, save to fulfil his daughter’s dreams and secure his family's future. He purchases ICICI Prudential Signature online.
ICICI Pru Signature,
Monthly premium ₹ 10,000 for 20 years with policy term 20 years and Life Cover of ₹ 12 lakh
35 Age
55 Age
Premium payment
1
2
3
4
5
20
Maturity amount
₹ 50.11 lakh
ARR at 8%
₹ 32.60 lakh
ARR at 4%
At Maturity he receives fund value with mortality and policy administration charges added back.
Put your savings to work
32 year old Raj is working as a manager in an MNC and is the sole earning member of the family. He is a new father and wants to provide the best education to his 1 year old daughter, Rhea. He wants to start disciplined saving such that can pay for Rhea's higher education and she doesn't have to compromise. He invests ₹ 10,000 per month in ICICI Pru's Signature to accumulate an education corpus for Rhea by the time she turns 21.
ICICI Pru Signature,
Monthly premium ₹ 10,000 for 20 years with policy term 20 years and Life Cover of ₹ 12 lakh
32 Age 52
AgePremium payment
1
2
3
4
5
20
Maturity amount
₹ 50.14 lakh
ARR at 8%
₹ 32.61 lakh
ARR at 4%
At Maturity he receives fund value with mortality and policy administration charges added back.
PUt your savings to work
Vaibhav is a 25 year old manager at an MNC. He is single and is looking for an efficient plan to save on tax while creating a corpus for his dream car in the future.
ICICI Pru Signature,
Vaibhav pays ₹ 1.5 lakh per year for 10 years and gets a Sum Assured of 15 lakh.This way, every year he saves on tax as his entire annual premium of 1.5 lakh is available for tax deductions u/s 80 C
25 Age 35
AgePremium payment
1
2
3
4
5
10
Maturity amount
Eligible for tax deductions u/s 10(10 D)4
₹ 21.80 lakh
ARR at 8%
₹ 17.53 lakh
ARR at 4%
At Maturity he receives fund value with mortality and policy administration charges added back.
Put your savings to work
Rohit is a 30 year old senior corporate executive. Rohit is looking for an efficient plan to to build a sizeable corpus for his retirement at 60 years. He also wants to benefit from potentially high market linked returns. He purchases ICICI Prudential Signature online for his retirement needs.
ICICI Pru Signature,
Monthly premium ₹ 10,000 for 30 years with policy term 30 years and Life Cover of 12 lakh
30 Age 60
AgePremium payment
1
2
3
4
5
30
Maturity amount
₹ 1.15 crore
ARR at 8%
₹ 57.80 lakh
ARR at 4%
At Maturity he receives fund value with mortality and policy administration charges added back.
We are happy to help you
Need help?
Our experts are happy to answer any questions you may have.
Call us at 1800-209-9777
Call centre hours -
9.00 a.m. - 9.00 p.m. all days
Frequently asked questions
- You can opt for any policy term between 10-30 years.
- For whole life policy term option, policy term will be equal to 99 years minus age at entry.
-
You can choose to pay either for limited period or regularly
- For Limited Pay option, the premium payment term is limited to 5,7 and 10 years.
- For Regular Pay option, the premium payment term is same as the policy term.
- For the Whole life option, you can only choose to pay for a limited period of 7, 10 and 15 years.
- The minimum premium to start this plan is ₹ 30,000 p.a. and maximum premium is unlimited.
- For whole life policy term, minimum premium is ₹ 60,000 p.a. and maximum premium is unlimited.
- You can start this plan from any age between 0 to 60 years.
-
The minimum and maximum age at maturity is
- For policy term other than whole life
- Minimum maturity age: 18 years
- Maximum maturity age: 75 years
-
For whole life option
- Maturity age is 99 years
- For policy term other than whole life
Simple steps to buy online
Get started in just 4 simple steps
Move to smart way of investing
Step 1
Choose premium amount
Use our online calculator to decide your premium amount and policy term.
Step 2
Select your choice of funds
Allocate funds among 13 funds across Equity, Debt and Balanced Funds basis your risk appetite.
Step 3
Make a payment
Pay via a range of options including Net Banking/Debit Card/Credit Card/Payment Wallets.
Step 4
Plan Issued
Congratulations! Get digital Welcome Kit as soon as the plan is issued.
Buying for myself male 30 years
EditChoose Payout option
Maturity Amount
₹ 1.00 Crore
8% ARR
₹ 1.00 Crore
8% ARR
OR
₹ 63.39 Lakh
4% ARR
₹ 63.39 Lakh
4% ARR
Life cover
investing just ₹ 5,000 monthly for 10 years
Why is it the right time to invest with ICICI Prudential Life?
ICICI Prudential Life is the first private life insurance company to cross the ₹ 1 trillion mark for Assets under Management (AUM) and a Total Sum Assured of approx. ₹ 14.80 trillion.
The company had a debt-equity mix of 60%:40% at 31 March 2020. 93.9% of the debt investments are in AAA rated and government bonds.
The solvency ratio was 194.1% against regulatory requirement of 150%.
Why is it the right time to invest with ICICI Prudential Life?
ICICI Prudential Life is the first private life insurance company to cross the ₹ 1 trillion mark for Assets under Management (AUM) and a Total Sum Assured of approx. ₹ 14.80 trillion.
The company had a debt-equity mix of 60%:40% at 31 March 2020. 93.9% of the debt investments are in AAA rated and government bonds.
The solvency ratio was 194.1% against regulatory requirement of 150%.
Maturity Amount
₹ 1.00 Crore
8% ARR
₹ 1.00 Crore
8% ARR
OR
₹ 63.39 Lakh
4% ARR
₹ 63.39 Lakh
4% ARR
Life cover
investing just ₹ 5,000 monthly for 10 years
Fund Performance
Download brochure
Choose Payout option
Invest (in ₹)
Payment options
Pay for
Pay Premium for
Which investment strategy would you prefer?
View Fund details
We recommend the below Equity/ Balanced/ Debt fund allocation basis your risk level. However, you can also edit this allocation as per your choice.
We recommend the below fund allocation basis your risk level. However, you can also edit this allocation as per your choice.
Edit fund allocationTo undergo suitability analysis, please click here
By not undergoing the suitability analysis, you confirm to purchase the policy based on your independent assessment of the suitability of the product
Mandatory Field
Why Choose ICICI Prudential Life^
Buying for Self Male 30 years Invest ₹ 5,000 monthly Policy Term 10 years
EditMaturity Amount
₹ 1.00 Crore
8% ARR
₹ 1.00 Crore
8% ARR
OR
₹ 65.39 Lakh
4% ARR
₹ 65.39 Lakh
4% ARR
Life cover
investing just ₹ 5,000 monthly for 10 years
Choose your Investment strategy
Decide how you want your funds to be allocated by choosing 1 of the portfolio strategies
Fund allocation as per your choice
Fund allocation as per your age
Target asset allocation strategy
Trigger portfolio strategy 2
You can decide % allocation you want to give within 13 funds. Don't worry, you have unlimited fund switches.
Feel free to edit your fund recommendation and make sure your allocation adds up to 100%
Income Fund *ATS Applicable
ULIF 089 24/11/09 LIncome 105
Money Market Fund *ATS Applicable
ULIF 090 24/11/09 LMoneyMkt 105
Secure Opportunities Fund
ULIF 140 24/11/17 SOF 105
Active Asset Allocation Balanced Fund
ULIF 138 15/02/17 AAABF 105
Multi Cap Balanced Fund
ULIF 088 24/11/09 LMCapBal 105
Multi Cap Growth Fund
ULIF 085 24/11/09 LMCapGro 105
Opportunities Fund
ULIF 086 24/11/09 LOpport 105
Bluechip Fund
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
Maximiser Fund V
ULIF 114 15/03/11 Lmaximis 105
Focus 50 Fund
ULIF 142 04/02/19 FocusFifty 105
India Growth Fund
ULIF 141 04/02/19 IndiaGrwth 105
Total fund allocation
0%
This is a lifecycle based strategy. Generally, younger individuals have a higher appetite for risk, hence the fund is allocated accordingly, automatically. You don't have to actively manage your funds.
Multi Cap Growth Fund - Equity
An equity fund aimed at generating superior long term returns, from a diversified portfolio of equity and equity related instruments of large, mid and small cap companies.
Income Fund - Debt
A debt fund that lets you accumulate income through investment in various fixed income securities. This fund also seeks to offer capital appreciation while maintaining a suitable balance between return, safety and liquidity.
Age
Multi Cap Growth Fund
Income Fund
0 - 25 years
80%
20%
26 - 35 years
75%
25%
36 - 45 years
65%
35%
46 - 55 years
55%
45%
56 - 60 years
45%
55%
Under this strategy, the policyholder can allocate the premiums between any two funds available with this policy in a proportion of his choice.
Every quarter, units shall be rebalanced as necessary to achieve the asset allocation as chosen at strategy inception. The re-balancing of units shall be done on the last day of each Policy quarter. If the last day of the quarter is a non-valuation date, then the next working day's NAV will be applicable.
Allocate your savings across 13 different funds
Income Fund
ULIF 089 24/11/09 LIncome 105
Money Market Fund
ULIF 090 24/11/09 LMoneyMkt 105
Multi Cap Balanced Fund
ULIF 088 24/11/09 LMCapBal 105
Multi Cap Growth Fund
ULIF 085 24/11/09 LMCapGro 105
Opportunities Fund
ULIF 086 24/11/09 LOpport 105
Bluechip Fund
ULIF 087 24/11/09 LBluChip 105
Maximiser Fund V
ULIF 114 15/03/11 Lmaximis 105
Under this strategy, the Policyholder's investments will initially be distributed between two funds - Multi Cap Growth Fund, an equity oriented fund, and Income Fund, a debt oriented fund, in a 75%: 25% proportion. This allocation may subsequently change on account of market movements. The portfolio will be rebalanced on the occurrence of a trigger event.
A trigger event is defined as a 10% upward or downward movement in NAV of Multi Cap Growth Fund since the previous rebalancing. For determining the first trigger event, the movement of 10% in NAV of Multi Cap Growth Fund will be measured vis-a-vis the NAV on the date of allocation of units at inception as the reference.
On the occurrence of a trigger event, Fund Value in Multi Cap Growth Fund in excess of three times the Fund Value in Income Fund is transferred to Money Market Fund, a liquid fund, by cancellation of appropriate units from the Multi Cap Growth Fund. This ensures that the gains are capitalized, while maintaining the asset allocation between Multi Cap Growth Fund and Income Fund at 75%:25%.
If the Fund Value in Multi Cap Growth Fund does not exceed three times the Fund Value in Income Fund, funds in Multi Cap Growth Fund, Income Fund and Money Market Fund are redistributed in Multi Cap Growth Fund and Income Fund in 75:25 proportion.
Multi Cap Growth Fund
Income Fund
75%
25%
Apply for Automatic Transfer Strategy
If you choose to set ATS, you can invest all or some part of your investment in Money Market Fund or Income Fund and transfer a fixed amount in regular monthly installments.
If you choose to set ATS, you can invest all or some part of your investment in Money Market Fund or Income Fund and transfer a fixed amount in regular monthly installments.
From (fund name)
To (fund name)
Date of transfer
Amount you want to transfer
I accept all Terms and conditions
-
Note:
Request for ATS will be processed only if there is sufficient fund in the Source Fund.
If you wish to discontinue the ATS feature you need to inform the company.
Regular Withdrawal (Systematic Withdrawal Plan)
You can decide to withdraw regularly for your life goals using the Systematic Withdrawal Option in this plan. Do you want to decide the withdrawal amount now or later. You can decide/ change this at any point of time in future.
You can decide to withdraw regularly for your life goals using the Systematic Withdrawal Option in this plan. Do you want to decide the withdrawal amount now or later.
You can decide/ change this at any point of time in future.
Payout Mode
Payout Date
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| Payout start from | Payout yearly income |
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To undergo suitability analysis, please click here
By not undergoing the suitability analysis, you confirm to purchase the policy based on your independent assessment of the suitability of the product
Mandatory Field
Maturity Amount
₹ 1.00 Crore
8% ARR
₹ 1.00 Crore
8% ARR
OR
₹ 65.39 Lakh
4% ARR
₹ 65.39 Lakh
4% ARR
Life cover
investing just ₹ 5,000 monthly for 10 years
Why is it the right time to invest with ICICI Prudential Life?
ICICI Prudential Life is the first private life insurance company to cross the ₹ 1 trillion mark for Assets under Management (AUM) and a Total Sum Assured of approx. ₹ 14.80 trillion.
The company had a debt-equity mix of 60%:40% at 31 March 2020. 93.9% of the debt investments are in AAA rated and government bonds.
The solvency ratio was 194.1% against regulatory requirement of 150%.
Why is it the right time to invest with ICICI Prudential Life?
ICICI Prudential Life is the first private life insurance company to cross the ₹ 1 trillion mark for Assets under Management (AUM) and a Total Sum Assured of approx. ₹ 14.80 trillion.
The company had a debt-equity mix of 60%:40% at 31 March 2020. 93.9% of the debt investments are in AAA rated and government bonds.
The solvency ratio was 194.1% against regulatory requirement of 150%.
Give us a call
+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 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.
^Source: https://www.iciciprulife.com/content/dam/icicipru/about-us/mediacentre/ICICI_Pru_Life-FY2020_Earnings_release-25_April_2020.pdf
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.
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 by Business Today – Money Today. Source: www.businesstoday.in/magazine/money-today/cover-story/the-top-rung/story/434160.html
++All life Insurance policies purchased from October 12,2020 to March 31,2021 are eligible for the Leave Travel Concession (LTC) Cash voucher scheme.
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."
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.(Existing Customer Message) - COMP/DOC/Dec/2020/1412/5002
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. UIN:105L177V02. Advt. No.: W/II/2231/2020-21.
Income Fund *ATS Applicable
ULIF 089 24/11/09 LIncome 105
ULIF 089 24/11/09
LIncome 105
Money Market Fund *ATS Applicable
ULIF 090 24/11/09 LMoneyMkt 105
ULIF 090 24/11/09
LMoneyMkt 105
Secure Opportunities Fund
ULIF 140 24/11/17 SOF 105
ULIF 140 24/11/17
SOF 105
Active Asset Allocation Balanced Fund
ULIF 138 15/02/17 AAABF 105
ULIF 138 15/02/17
AAABF 105
Multi Cap Balanced Fund
ULIF 088 24/11/09 LMCapBal 105
ULIF 088 24/11/09
LMCapBal 105
Multi Cap Growth Fund
ULIF 085 24/11/09 LMCapGro 105
ULIF 085 24/11/09
LMCapGro 105
Opportunities Fund
ULIF 086 24/11/09 LOpport 105
ULIF 086 24/11/09
LOpport 105
Bluechip Fund
ULIF 087 24/11/09 LBluChip 105
ULIF 087 24/11/09
LBluChip 105
Maximise India Fund
ULIF 136 11/20/14 MIF 105
ULIF 136 11/20/14
MIF 105
Value Enhancer Fund
ULIF 139 24/11/17 VEF 105
ULIF 139 24/11/17
VEF 105
Maximiser Fund V
ULIF 114 15/03/11 Lmaximis 105
ULIF 114 15/03/11
Lmaximis 105
Focus 50 Fund
ULIF 142 04/02/19 FocusFifty 105
ULIF 142 04/02/19
FocusFifty 105
India Growth Fund
ULIF 141 04/02/19 IndiaGrwth 105
ULIF 141 04/02/19
IndiaGrwth 105
