* 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) , Sec 115BAC and other provisions of the Income Tax Act, 1961. Goods & Services Tax and Cess (if any) will be charged extra by redemption of units, as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. All policies issued from April 1, 2012, with sum assured (cover on death) less than 10 times of annual premium will not be eligible for tax benefit u/s 10(10D). Further tax benefit u/s 80C will be limited only up to 10% of Sum Assured. Please seek professional tax advice for applicability of tax benefits on premiums paid and benefits received.
+ The company will allocate extra units at the end of the policy term, provided monies are not in the DP fund. Wealth Booster 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. The allocation of Wealth Booster units is guaranteed and shall not be revoked by the Company under any circumstances.
Policy Term |
5 Years |
10 Years |
Wealth Booster |
2.50% of Single Premium |
2.75% of Single Premium |
For 10 year policy term, wealth booster will be 2.75% of single premium including top up premiums less partial withdrawals if any.
# Sum Assured multiples in between the minimum and maximum limits are not available
Age at entry last birthday |
Minimum Sum Assured |
Maximum Sum Assured |
<= 50 years |
1.25 times Single Premium |
10 times Single Premium |
>50 years |
1.25 times Single Premium |
1.25 times Single Premium |
&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.
^^Data regarding AUM is as per Annual Report of the Company for FY2022
`Average turnaround time for non-investigated retail death claims from receipt of last requirement as per Annual report for FY2022
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 Pru1 Wealth 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.
%58.1 mn lives covered across our individual and group customers as per ICICI Prudential Life Council Report
Comp code.(Existing Customer Message) - COMP/DOC/Dec/2020/1412/5002
Comp code (Why Choose ICICI Prudential Life) - COMP/DOC/Jan/2022/251/7289
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837
© 2016, ICICI Prudential Life Insurance Company Limited. Registered Address:- 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. Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India). 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. Tax benefits under the policy are subject to conditions under Sec. 80C, 80D and Sec 10(10D) of the Income Tax Act, 1961. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time. ICICI Pru1Wealth UIN:105L175V04. Advt. No.: W/II/2260/2020-21
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.