The 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 Linked Insurance Products completely or partially till the end of the fifth year.
Plan that is designed just for preferred customers like you.
Introducing ICICI Pru Signature, our newest ULIP that offers life insurance and flexible investment options in one plan. This plan can give you better returns while it shields your loved ones with life cover
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.
8 BENEFITS OF ICICI PRU SIGNATURE
4 SIMPLE STEPS TO BUY ONLINE
HOW IT WORKS
Sumit's returns will be according to the performance of funds` he has selected.
Premium payment option: Limited Pay
Premium payment mode: Monthly
Amount of premium paid: `30 lakh
Sum Assured: `30 lakh
Premium payment term: 10 years
Age at entry: 45 years
Policy term: 54 years
Age (in years) | Completed policy year | Fund value @ 8% ARR^ | Fund value @ 4% ARR^ |
---|---|---|---|
65 | 20 | `79.33 lakh | `45.04 lakh |
85 | 40 | `3.10 Crore | `85.02 lakh |
99 | 54 | `7.81 Crore | `1.26 Crore |
Note: As per IRDAI guidelines, returns are shown at 4% p.a. and 8% p.a.
In case of Sumit's death during policy term, his nominee will receive the death benefit as a lump sum payout.
Year of death | Death Benefit paid out to nominee | |
---|---|---|
@ 8% ARR^ | @ 4% ARR^ | |
5 | `30 lakh | `30 lakh |
15 | `56.08 lakh | `38.18 lakh |
35 | `2.21 Crore | `72.75 lakh |
The above illustration is for a healthy male life with 100% of his investments in Maximiser V and fixed portfolio strategy. The above are illustrative maturity values, net of all charges, Goods and Services taxes and/ or cesses. Since your policy offers variable returns, the given illustration shows different rates of assumed future investment returns. The returns shown in the benefit illustration are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy depends on a number of factors including future investment performance.
When benefit illustrations are included in the content of advertisements- Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.
On maturity, Divya will get returns according to the performance of funds she had invested in.
Amount of single premium: `1,00,000
Sum Assured: `10,00,000
Age at entry: 30 years
Policy term: 10 years
Assumed investment returns | @ 4% ARR` | @ 8% ARR` |
`Fund Value at Maturity | `1,20,670 | `1,76,956 |
`ARR: Assumed Rate of Return
Note: As per IRDAI guidelines, returns are shown at 4% p.a. and 8 p.a.:
For this example, we have assumed that the investment is done in the Maximiser Fund V (SFIN: ULIF 114 15/03/11 LMaximis5 105)
In case of Divya's death during policy term, Divya's nominee will receive the death benefit as a lump sum payout.
Year of death | Death Benefit paid out to nominee | |
---|---|---|
@ 4% ARR` | @ 8% ARR` | |
5 | `10,00,000 | `10,00,000 |
10 | `10,00,000 | `10,00,000 |
`ARR : Assumed Rate of Return
THINGS YOU NEED TO KNOW
Why should you buy a ULIP at an early age?
What is the minimum and maximum entry age for this plan?
What is the minimum and maximum policy term I can select?
What are the premium payment modes for this plan?
What are the premium payment terms available with this plan?
Premium Payment Terms:
- Limited Pay it is 5 years, 7 years, 8 years and 10 years.
- Regular Pay is same as the policy term, subject to a minimum premium paying term of 15 years.
- Whole Life-Limited pay option, it is 10 years and 15 years.
What is the minimum and maximum premium for this plan?
What is Systematic Withdrawal Plan(SWP)?
When can I do partial withdrawals?
What is the age eligibility to do partial withdrawals?
What are the tax benefits under this policy?
PERFORMANCE OF FUNDS`
Fund Name (As on ) | Returns (p.a.) | Returns (p.a.) |
Inception Date |
|||||
---|---|---|---|---|---|---|---|---|
1 Year | 2 Year | 3 Year | 4 Year | 5 Year | Since Inception | |||
EQUITY | ||||||||
Bluechip Fund | ||||||||
Maximiser V Fund | ||||||||
Multi Cap Growth Fund | ||||||||
Opportunities Fund | ||||||||
Maximise India Fund | ||||||||
Value Enhancer Fund | ||||||||
Focus 50 Fund | ||||||||
India Growth Fund | ||||||||
Sustainable Equity Fund | ||||||||
Mid Cap Fund | ||||||||
Mid Cap Index Fund | ||||||||
Mid Cap 150 Momentum 50 Index Fund | ||||||||
Multicap 50 25 25 Index Fund | ||||||||
MidSmall Cap 400 Index Fund | ||||||||
BALANCED | ||||||||
Multi Cap Balanced Fund | ||||||||
Active Asset Allocation Balanced Fund | ||||||||
Balanced Advantage Fund | ||||||||
Mid Cap Hybrid Growth Fund | ||||||||
DEBT | ||||||||
Income Fund | ||||||||
Money Market Fund | ||||||||
Secure Opportunities Fund | ||||||||
Constant Maturity Fund |
Please note: NA: Fund has not completed the stipulated time period
Past performance is not indicative of future performance.