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X Toggle navigation Search Login * about us * careers * contact us * Track Application * Login * Log Out Customers Individual Super Protect Life (SPL) Login Corporate (Superannuation) Non-Individual (HUF/Partnership) HUF (Beta) Employees Branch Sales Former Employees Partners Advisors Employee Group Broker Partner Group Partner (Corporate Agent/ Brokers) * Login * customer * employee * advisor * corporate * Plans * TERM INSURANCE * ICICI Pru iProtect Smart (Bestseller) * Covers Covid-19 claims** * Get claim payout on first diagnosis of 34 critical illnesses (optional)* * Accidental death benefit up to 2 crore (optional)** * Longer cover till age 99 check premium meet advisor * Brochure * Know More * ICICI Pru iProtect Return of Premium (New) * Ensure right life cover1 to protect yourself adequately at every life-stage2 * Get 105% of your premium back3 or get monthly income from age 60 on survival/maturity * Get claim payout on diagnosis of 64 critical illnesses4 (optional) * Accidental 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rewarded with Loyalty Additions & Wealth Boosters * Tax benefits up to `46,800 u/s 80C and 10(10D) BUY ONLINE meet advisor * Brochure * Know More * ICICI Pru Guaranteed Wealth Protector Premium starts at 4000/- p.m. * Risk-free investment: 101% Money back guarantee * Life cover to protect your loved ones * Get Loyalty Additions & Wealth Boosters by staying invested BUY ONLINE meet advisor * Brochure * Know More * ICICI Pru Smart Life Premium starts at 45,000 /- p.a. * Complete protection plan to secure your child’s future * Invest in your choice of equity, debt or balanced funds * Get Loyalty Additions & Wealth Boosters by staying invested buy online meet advisor * Brochure * Know More * SAVINGS PLANS * ICICI Pru Guaranteed Income For Tomorrow (Long-term) (New) * Guaranteed Income2 to help you achieve your long-term goals * Option to get back 110% of total premiums paid5 * Life insurance cover1 for financial security of your family * Tax benefits3 may be applicable on premiums paid and benefits received as per the prevailing tax laws Buy Online meet advisor * Brochure * Know More 2Conditions apply * ICICI Pru Guaranteed Income For Tomorrow * Guaranteed benefits1 in the form of lump sum or regular income to achieve your life goals * Option to receive guaranteed income from 2nd year onwards2 * Life insurance cover4 for financial security of your family * Tax benefits6 may be applicable on premiums paid and benefits received as per prevailing tax laws Buy Online meet advisor * Brochure * Know More * ICICI Pru Savings Suraksha Premium starts at 1,000 /- p.m. * Traditional Savings Plan * Life Cover to secure the future of your loved ones * Guaranteed Maturity Benefit * Guaranteed Additions for staying invested BUY ONLINE meet advisor * Brochure * Know More * ICICI Pru Assured Savings Insurance Plan * Growth of wealth with guaranteed additions * Lump-sum pay out to secure your future * Premium payment as per your comfort Buy Online meet advisor * Leaflet * Know More * ICICI Pru Future Perfect Premium starts at 700 /- p.m. * Savings with the comfort of guarantee * Flexibility in premium payment term * Security of your loved ones with potential for wealth creation and your Life Cover BUY ONLINE meet advisor * Brochure * Know More * ICICI Pru Cash Advantage Premium starts at 1,000 /- p.m. * Money Back Plan * Life Cover to protect your loved ones * Easy liquidity * Guaranteed Cash Benefits BUY ONLINE meet advisor * Brochure * Know More * ICICI Pru Lakshya Wealth * Get lump sum on maturity along with protection throughout the policy term * Increase your savings with applicable 4S Guaranteed Value Benefits * Get Regular Additions added to your corpus throughout the policy term Buy Online meet advisor * Brochure * Know More * ICICI Pru Lakshya Lifelong Income Premium starts at 30,000 /- p.a. * Enjoy regular income till 99 years of age * Life cover till 99 years of age to secure your family’s future * Enjoy tax benefits on premiums paid and benefits received as per prevailing tax laws Know More meet advisor * Brochure * RETIREMENT PLANS * ICICI Pru Guaranteed Pension Plan Flexi (New) * A regular-pay deferred annuity plan that helps you gradually build the retirement savings and provide guaranteed income for life * Flexible premium paying terms and deferment periods * Meet your healthcare and lifestyle needs through additional payout options1 * Financial security for your family even in your absence, with the Waiver of Premium feature3 * Annuity plan can cover either single or joint life2 * Tax benefits as per prevailing tax laws Buy Online Meet Advisor * Brochure * Know More * ICICI Pru Guaranteed Pension PlanDeferred Annuity * Single premium plan to get guaranteed income for life with the option to defer income by upto 10 years * Lock in the current interest rates for the annuity to be received later * Annuity plan can cover either single or joint life* * Flexible payout options to suit your need2 * Tax benefits# on premium paid u/s 80CCC of Income Tax Act, 1961 BUY ONLINE Meet Advisor * Brochure * Know More * ICICI Pru Guaranteed Pension PlanImmediate Annuity * Single premium plan to get guaranteed income immediately for the rest of your life * Annuity plan can cover either single or joint life* * Flexible payout options to suit your need2 * Tax benefits# on premium paid u/s 80CCC of Income Tax Act, 1961 * Purchase annuities from your savings or accumulated NPS corpus BUY ONLINE Meet Advisor * Brochure * Know More * ICICI Pru Saral Pension Plan * Pay just once and get a guaranteed lifelong income * Continue pension for spouse after you with the Joint Life1 option * Purchase Price is returned back to your nominee2 * Option to avail a loan against your policy3 Buy Online Meet Advisor * Brochure * Know More * ICICI Pru Signature * Financial protection for your loved ones with life cover * Return of mortality and policy administration charges1 * Enjoy policy benefits till 99 years of age with Whole Life policy 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Read More * Customer Services * Track Application * About Us * About Us * Company Overview * History * Promoters * Board of Directors * Board Committees * Key Persons * Corporate Social Responsibility * Investor Relations * Financial Information * Public Disclosures * Active Agents List * Information to Shareholder * Bulletin Board * Corporate Policies * Corporate Policies Know More * Media Center * Press Releases * Awards and Accolades * Awards and Accolades View Awards * View Our Ads * View Our Ads View Ads * Careers * Contact Us * Testimonials * Public Disclosure Pay Premium Online Plans Auto Debit Statements * Buy Online Meet Advisor Know More Talk to Expert * Buy Online Meet Advisor Know More Talk to Expert * Check Premium Meet Advisor Know More Talk to Expert * Buy Online Meet Advisor Know More Talk to Expert * Buy Online Meet Advisor Know More Talk to Expert * Buy Online Meet Advisor Know More Talk to Expert * Invest Now Meet Advisor Know More Talk to Expert * I want to Calculate Term Insurance Premium Earn my first crore Prepare early for rising medical costs Get tax-free market linked returns Earn a second income Get return of premium term plan Get pension for life Start monthly savings Save tax Plan and save for my child’s future Build a retirement corpus Calculate Term Insurance Premium Calculate Term Insurance Premium Earn my first crore Prepare early for rising medical costs Get tax-free market linked returns Earn a second income Get return of premium term plan Get pension for life Start monthly savings Save tax Plan and save for my child’s future Build a retirement corpus Go Quick Access Pay Premium Auto-Debit Statements Download Top-up Popular Categories Trending GuaranteedΘ Income Plan110% Premiums backꞂ Most Selling! Term Life Cover COVID-19 life claims Popular Term Plans Return of Premium †105% Return Term Plans Limited Pay Save upto 65%~^ Top Selling`^ ULIP Plan0% charges High Demand`~ Guaranteed~~ Returns Plans3.5% extra income Retirement/ Pension Plan Child Plan Tax Saving Plan Instant receipt More Plans ~~! Conditions Apply. COMP/DOC/Mar/2022/193/7683 Give us a call X For buying a policy online (toll free)1800 267 9777 Call centre hours 9.00 a.m. – 9.00 p.m., all days To check status of policy bought online 1860 267 9997 Call charges apply. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays) Give us a call X For buying a policy online (toll free)1800 209 9777 Call centre hours 9.00 a.m. – 9.00 p.m., all days To check status of policy bought online 1860 267 9997 Call charges apply. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays) Give us a call X For buying a policy online (toll free)+91-2262955609 Call centre hours 9.00 a.m. – 9.00 p.m., all days To check status of policy bought online 1860 267 9997 Call charges apply. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays) × DISCOVER THE RIGHT INSURANCE PLAN FOR YOUR GOALS Select a goal that matters to you the most FAMILY PROTECTION FAMILY PROTECTION “Family always comes first” Let us be your guide in providing your family with complete financial security Find out more X EARLY INVESTING EARLY INVESTING “Gain more by investing early” Small investments today can lead to a big corpus which can meet your financial goals. Find out more X PLAN FOR YOUR CHILD’S FUTURE PLAN FOR YOUR CHILD’S FUTURE “Plan ahead for your little one” Providing the best education to your child is every parent’s goal. Choose our investment plans to ease the financial stress. Find out more X CREATE LONG TERM WEALTH CREATE LONG TERM WEALTH “Make your money work hard” Our plans give you unmatched flexibility as well as create long term wealth for you and your loved ones. Find out more X PLAN FOR A HAPPY RETIREMENT PLAN FOR A HAPPY RETIREMENT “Make your second innings count” Allow us to be your guide in pursuing your dreams and making the retirement milestone worth celebrating. Find out more X REDUCE TAX BURDEN REDUCE TAX BURDEN “Save Tax & Grow your money” Our plans are here to reduce tax related cuts which not only allow you to save more but also give you more security. Find out more X COMP/DOC/Jun/2022/286/0673 LIFE INSURANCE, RETIREMENT PLANNING, AND WEALTH CREATION All in one place. * Endowment Plan ICICI PRU SAVINGS SURAKSHA Key Features * GuaranteedↃ returns with company performance-linked bonuses£ * 5% Guaranteed AdditionsŦ for the first 5 years * Tax-free± returns * TAX BENEFIT± * LIFE COVER Start with just ₹ 1,000/- per month CHECK RETURNS ↃConditions Apply * CHILD PLAN ICICI PRU SMARTKID WITH SMART LIFE Key Features * Grow your money with market investment * Premium waiver to secure child’s future * Free of cost money withdrawal * TAX BENEFITS * LIFE COVER* Start with just ₹ 3,750/- per month CHECK RETURNS *Conditions Apply * TERM INSURANCE ICICI PRU IPROTECT SMART Key Features * Life cover+ to secure your family * Critical Illness^ cover option * Lump sum or regular income to your loved ones in your absence * LOW COST ## * TAX BENEFIT` Start with just ₹ 540/- per month (under Life Option) Check Premium * SAVINGS PLAN ICICI PRU GUARANTEED INCOME FOR TOMORROW Key Features * 100% guaranteed~~ tax-free`` income/lump sum * Option to get income from the 2nd year*` * Save tax upto ₹ 46,800/- under Section 80C`` * TAX BENEFIT`` * LIFE COVER Start with just ₹ 2,500/- per month CHECK RETURNS ~~Conditions Apply * TERM INSURANCE ICICI PRU IPROTECT RETURN OF PREMIUM Key Features * 105% Return of total premiums† paid * Life stage cover1† benefit (optional) * 64 Critical illnesses$* cover (optional) * TAX BENEFIT` Start with just ₹ 1,066/- per month (under level cover option) ‘`` Check Premium * ULIP PLAN ICICI PRU SIGNATURE ONLINE IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER Key Features * Tax-free` market-linked returns * Extra wealth boosters`* @ 3.25% * Easy withdrawals at no cost^* * TAX BENEFIT` * LIFE COVER Start with just ₹ 2,500/- per month CHECK RETURNS * RETIREMENT PLAN ICICI PRU SARAL PENSION PLAN Key Features * Guranteed~ lifelong income * Competitive rates * 100% Return of Purchase Price * 1% extra income on buying online Pay ₹ 25 Lakh once, Get ₹ 13,331/- p.m. for life++ CALCULATE PENSION ~# Conditions Apply * Guaranteed Income Plan ICICI PRU GUARANTEED INCOME FOR TOMORROW (LONG-TERM) Key Features * 100% Guaranteed≠, tax-free∞ income for up to 30 yearsꓘ * Option to get 110% Return of PremiumꞂ * Save tax upto ₹ 46,800/- under Section 80C∞ * TAX BENEFIT∞ * LIFE COVER Start with just ₹ 2,500/- per month CHECK RETURNS ≠Conditions Apply * RETIREMENT PLAN ICICI PRU GUARANTEED PENSION PLAN FLEXI Key Features * Guranteed~ lifelong income * Easy systematic investment * Financial security with waiver of premiums3 option * Tax-benefit * * Death-benefit1 Easy investment of ₹ 5000/- p.m. CALCULATE PENSION ~# Conditions Apply Conditions Apply. W/II/5060/2021-22 LIFE INSURANCE A life insurance plan is a contract between an insurance policyholder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium after a set period or upon the death of an insured person. Life insurance offers you and your family financial protection. Some policies also offer optional add-ons, such as critical illness benefit, accidental death benefit, and more. The importance of life insurance cannot be ignored in ensuring the financial safety of your loved ones. BENEFITS OF BUYING LIFE INSURANCE + Life insurance protects your family members’ financial interests in your absence. It gives you peace of mind and confidence and helps you save taxes. There are several benefits of life insurance. Let us take a look at some of them: * Financial security: Life insurance products can provide you and your loved ones with financial security. You can financially secure your family by choosing a substantial life cover+ so that they can maintain their standard of living in your absence. * Wealth creation: These plans help you create wealth over time and build savings. Life insurance plans can be used to save for your future needs. They offer options to cover different types of risks and goals. * Disciplined investment: With regular premium payments, life insurance plans inculcate financial discipline. They offer unique investment opportunities for every risk type with a wide range of products, such as unit linked investment plans, guaranteed^ savings plans, endowment plans, and more. * Retirement planning: Life insurance products like annuity plans, savings plans, endowment plans, and others help you build a retirement pool. These plans offer guaranteed^ income on maturity and help you secure your retirement with adequate savings. * Tax savings: Life insurance plans offer many tax` benefits to facilitate better savings. The premiums paid are tax` deductible under Sections 80C and 80D of the Income Tax Act, 1961. The maturity benefits also enjoy a tax-free` status under Section 10(10D) in most cases. ^ T&C Apply WHAT ARE THE DIFFERENT TYPES OF LIFE INSURANCE? + Types of life insurance in India: * Term Life Insurance Plan: Term insurance plans offer your nominee a fixed sum assured amount in exchange for regular premiums, in case of an unfortunate incident during the policy term. * Health Insurance Plan: Health insurance plans reimburse insured customers for their medical expenses, including treatments, surgeries, hospitalisation and the like which arise from injuries/illnesses, or directly pay out a certain pre-determined sum to the customer. * Unit Linked Insurance Plan (ULIP): A unit linked insurance plan offers investment and insurance under the same policy. A part of your premium gets invested in equity/ debt/ balanced funds as per your choice and the other part is used to secure your loved ones with a sum assured. * Endowment Plan: An endowment plan allows you to build risk-free savings and protect the financial interests of your family in your absence. * Annuity Plan: An annuity plan is a type of retirement plan that offers you a regular payment in return for a lump sum investment. In simple words, you pay the life insurance company a premium in a lump sum and your money is returned to you as regular income either immediately or after a certain period of time. The life insurance company invests your money and pays back the returns generated from it to you as payouts. WHO NEEDS LIFE INSURANCE THE MOST? + Life insurance can be a must-have financial tool for the following people: * Newly married couples: Life insurance can offer newly married couples peace of mind and financial security. It can help your spouse live their life comfortably and meet all financial liabilities. * Parents with young children: Parents with young children can purchase life insurance to ensure that their children have a financial cushion to fall back on if they are not around to take care of them. Insurance plans can also help parents save for their kids’ future needs. * People nearing retirement with fewer savings: Life insurance plans allow you to save and invest your money. You can opt for low-risk options and secure your retirement and old age. * Business owners: Life insurance benefits can help your family carry on your business in your absence. The payouts can also help them pay off creditors or clear your debts. REASONS TO BUY LIFE INSURANCE + You can also buy life insurance policies online. You can compare different life insurance products, their premiums, sum assured amounts, features, and more on the internet. You can also compare the claim settlement ratio of several insurance companies and pick a suitable life insurance policy. Life insurance can be useful for several reasons like: * It protects your loved ones and allows them to lead a dignified and comfortable life in your absence. * It lets you create an additional source of income to meet your goals. * It helps you cover medical costs with add-on coverage. * It offers you peace of mind. * It helps you save for your old age. * It ensures a regular stream of income even after retirement. * It helps you provide for your child’s education and future needs. HOW MUCH LIFE INSURANCE DO I NEED? + The simplest way to calculate the minimum sum assured amount for a life insurance plan is to multiply your current annual income by 10$ if you’re under 55 years of age. For example, if your current annual salary is ₹ 10 lakh, you should buy a life insurance cover that is worth at least ₹ 1 crore. Another way to calculate life insurance is by analysing your current and future expenses. Here are some of the most important factors that you must consider before choosing a sum assured amount for life insurance: * Debt: Financial liabilities like loans can become a burden on your family in your absence. Take cognizance of your debt and pick a life insurance amount that can be used to repay it. * Dependents: Consider the expenses of dependent family members like minor children and ageing parents. Different circumstances may necessitate different coverage needs. So, pick an appropriate amount of life insurance as per their lifestyle and requirements. * Financial goals: Financial goals like retirement planning, children's higher education, marriage, medical expenses, and others must also be considered while selecting the sum assured for life. * Age: Different stages of life present different financial needs. Hence, keep the age of your dependents in mind while calculating your life insurance coverage. A Human Life Value calculator considers all these factors and helps you find the right cover amount tailored to your needs. FACTORS THAT AFFECT LIFE INSURANCE PREMIUM + The premium amount for your life insurance plan can depend on several factors. Some of these have been mentioned below: * Age: Age is one of the chief factors that impact the life insurance premium. As you age, the possibility of the insurer paying the claim also increases. This is why the premium rises with age. * Gender: Women tend to live longer than men $$. Hence, they pay the premium for a longer period. This results in a comparatively lower life insurance premium. * Present health and medical history: You have to undergo a medical test before purchasing a life insurance policy so that the insurer can assess your health status. Having a history of medical issues can increase the premium for life insurance. Family health history and hereditary diseases can also impact the life insurance premium. * Lifestyle: Poor lifestyle choices like smoking and drinking can increase the risk of certain ailments. This impacts the premium amount for a life insurance plan. HOW DO I FILE A LIFE INSURANCE CLAIM? + You can file a life insurance claim in the following steps: * You can file a claim online, at a physical branch central office, or on our central ClaimCare helpline through SMS or email. * You can visit the Claims section of the ICICI Prudential website to submit an online claim. * You can call us at our 24x7 ClaimCare helpline number at 1860 266 7766. * You can email us at claimsupport@iciciprulife.com Please submit the following information along with the claim: * Claimant statement form. * Death certificate in case of death claims. * Medical papers, diagnosis reports, and other necessary documents. * Your identity proof, address proof, and a cancelled cheque or copy of your bank passbook. The team will assess your claim and get back to you if they need any more information. COMP/DOC/Sep/2021/159/6577 CUSTOMER TESTIMONIALS & REVIEWS Customer Testimonials & Reviews * Karan Gupta ★★★★★ Thanks to ICICI Prudential Life Insurance for solving my queries about the term plan. I bought a term plan online for the very first time to secure my family. I had so many queries related to the policy and the customer service associate helped me clear all my doubts. * Nakul Bhangadia ★★★★★ Hassle-free and dependable. If the first few steps of taking insurance are smooth, it gives confidence that the insurance is in safe hands. * Amit Sharma ★★★★★ Easy process. With the help of your executive, it becomes more trustable. * Suman Roychoudhury ★★★★★ Term insurance policy issuance is usually time taking with lots of documents and medicals. Thanks to ICICI Prudential Life Insurance team for proving this is a myth if you are purchasing term insurance online. Even during the pandemic, the policy issuance was lightning fast!! * Yogesh Jain ★★★★★ My personal experience was very superb, everything was very smooth and effortless. Happy to be a part of ICICI Prudential Life Insurance. * Bhavya Taneja ★★★★★ Fast activation of policy, E-policy document, Timely reminders. Terms and coverage * Karan Gupta ★★★★★ Thanks to ICICI Prudential Life Insurance for solving my queries about the term plan. I bought a term plan online for the very first time to secure my family. I had so many queries related to the policy and the customer service associate helped me clear all my doubts. * Nakul Bhangadia ★★★★★ Hassle-free and dependable. If the first few steps of taking insurance are smooth, it gives confidence that the insurance is in safe hands. * Amit Sharma ★★★★★ Easy process. With the help of your executive, it becomes more trustable. * Suman Roychoudhury ★★★★★ Term insurance policy issuance is usually time taking with lots of documents and medicals. Thanks to ICICI Prudential Life Insurance team for proving this is a myth if you are purchasing term insurance online. Even during the pandemic, the policy issuance was lightning fast!! Read all COMP/DOC/Sep/2020/179/4471 PEOPLE ALSO VIEWED People also viewed * Your guide to Covid-19 All you need to know about Covid-19 Read MoreCOMP/DOC/Jul/2020/317/4086 * 6 steps to a Healthier Lifestyle Steps that can help you maintain a balanced lifestyle and mental harmony Read ArticleW/II/0685/2019-20 * Get the hassle free experience of digital verification with ICICI Pru iProtect Smart Buy a life cover of `50 Lakh in 3 steps~ Check PremiumW/II/0682/2019-20 * A new way of buying a term insurance cover Get the cover you want at the price you choose Check PremiumSOM/II/0533/2019-20 * Bonus Declared The bonus declared on our money back plans add to your savings and help you grow your money faster and achieve your dreams Know More * Guide to Healthy Living for Indian Women 6 easy steps for a healthier lifestyle Read MoreW/II/0825/2019-20 EXPLORE OUR INTERACTIVE TOOLS & PREMIUM CALCULATORS TO PLAN FOR YOUR FINANCIAL GOALS. Explore our interactive tools & premium calculators to plan for your financial goals. * EMI Calculator * Income Tax Calculator * Human Life Value Calculator * House Rent Allowance Calculator * Retirement Planning Calculator * Child Education Calculator * Term Insurance Calculator * Cancer Insurance Calculator * Power of Compounding Calculator DISCLAIMERS **Our Life insurance policies COVID-19 claims, subject to applicable terms and conditions of policy contract and extant regulatory framework. `~Source: Company BuyOnline Data-Apr 2021 till date `^Source: Company BuyOnline Data-Dec 2015 till date ~^The percentage saving computed is purely in terms of premium paid over the term (Difference between 5 years Limited and Regular pay) of the policy and does not account for time & other factors that may happen during this period. It is one of the many features that the product offers and you can opt for it based on your individual needs. The percentage saving is for ICICI Pru iProtect Smart - Life Option for ₹ 1 Crore life cover for a 26 year old healthy Male for a policy term of 58 years with lump sum payout option. The annual premium for 5 years Limited Pay option will be ₹ 85,762 & the monthly premium will be ₹ 7,324. The premium amounts are inclusive of taxes. λLife cover is the death benefit payable on death of the Life Assured during the policy term. For ‘Return of Premium’ plan option, Death Benefit will be the highest of a) Sum Assured on Death b) Basic Sum Assured to be paid on death c) (Applicable only for limited pay and regular pay) 105% of the Total Premiums Paid till the date of death. Where Sum Assured on Death is 7 X Annualised Premium for regular pay and limited pay and 1.25 X Single Premium for single pay; For ‘Income Benefit’ plan option, Death Benefit will be the highest of a) Sum Assured on Death b) 105% of the Total premiums Paid till the date of death c) Basic Sum Assured to be paid on death, less total Survival Benefit paid till date of death. Where, Sum Assured on Death is 10 X Annualised Premium. For ‘Return of Premium with Life-stage cover’ & ‘Early Return of Premium with Life-stage cover’ plan options, Death Benefit will be the highest of a) Sum Assured on Death b) 105% of the Total premiums paid till the date of death c) Absolute amount assured to be paid on death Where Sum Assured on Death is 7 X Annualised Premium. 1† Life-stage cover: In case of Life-stage cover, Absolute amount assured to be paid on death will be based on age of the Life Assured as provided below. In the first policy year, Absolute amount assured to be paid on death will be the same as Basic Sum Assured as chosen by You at inception. From the second policy year till the policy anniversary after the Life Assured attains age 55, 5% of Basic Sum Assured gets added on every policy anniversary to the Basic Sum Assured. This amount cumulatively shall be the Absolute amount assured to be paid on death. The Absolute amount assured to be paid on death remains constant till the next policy anniversary. In case the Absolute amount assured to be paid on death becomes twice the Basic Sum Assured during this period of increment, it stays constant at that level, till the policy anniversary after the Life Assured attains age of 56 years. On the policy anniversary after the Life Assured attains 56 years of age, the Absolute amount assured to be paid on death shall revert back to Basic SA. This will continue till the policy anniversary after the Life Assured attains 60 years of age. On the policy anniversary after the Life Assured attains 60 years of age, the absolute amount assured to be paid on death shall be 50% of Basic Sum Assured and continues at the same level till end of the policy term. ICICI Pru iProtect Return of Premium (UIN: 105N186V01), A Non-Linked, Non-Participating Individual Life insurance Savings product. W/II/4644/2021-22 †Return of Premiums: 'Return of Premium' is available under three of the plan options namely- “Return of Premium"; “Return of Premium with Life-stage cover" and “Early return of Premium with Life-stage cover" and refers to 105% of total of all premiums received, excluding premiums for optional benefits i.e. Accidental Death Benefit, Critical Illness Benefit, any extra premium, any rider premium and taxes, if any. The fourth plan option "Income Benefit" provides regular monthly income from the policy anniversary after the Life Assured attains age 60 as a survival benefit till the end of the policy term. $*Critical Illness Benefit: CI Benefit is an additional optional benefit chosen at inception and is available with ‘Life and health’ and ‘All in One’ benefit options. The CI Sum Assured is paid as a lump sum upon the Life Assured being diagnosed on first occurrence of any of the covered 60 major Critical Illnesses within CI Benefit term. 25% of the CI Sum Assured or ₹500,000.00 whichever is lower is paid as a lump sum upon the Life Assured being diagnosed on occurrence of any of the covered 4 minor Critical Illnesses within CI Benefit term. CI Benefit is available for Single Pay and Limited Pay and is lower of (15 years, policy term). For regular pay, the CI benefit term will be lower of (policy term, 40 years) subject to maximum cover ceasing age of 85 years. CI Benefit can be less than or equal to the Basic Sum Assured chosen by You at inception for Return of Premium Plan and Income Benefit Plan. CI Benefit can be less than or equal to the 50% of the Basic Sum Assured chosen at inception for Return of Premium with Life-stage Cover Plan and Early Return of Premium with Life-stage Cover Plan. CI Benefit is a pure risk benefit and does not have Survival or Maturity Benefit. Premiums paid corresponding to CI Benefit shall be excluded from Survival or Maturity Benefit ‘``The above calculations are for a 25 year old healthy male who has opted for Regular pay: 40 years premium payment option with a policy term of 40 years under Return of premium option for ICICI Pru iProtect Return of premium with a life cover of ₹ 50 lakh with Lump-sum payout option. The above premiums are inclusive of taxes. ^Critical Illness Benefit is optional and available under Life and Health and All in One options. This benefit is payable, on first occurrence of any of the 34 illnesses covered. The CI Benefit, is accelerated and not an additional benefit which means the policy will continue with the Death Benefit reduced by the extent of the CI Benefit paid. The future premiums payable under the policy will reduce proportionately. If CI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the CI Benefit. To know more in detail about CI Benefit, terms & conditions governing it, kindly refer to sales brochure. Critical Illness benefit is available till age of 75. ##The premium of ₹540 p.m. has been approximately calculated for a 18 year old healthy male life with monthly mode of payment and premiums paid regularly for the policy term of 36 years with income payout option with Life Cover of ₹1 crore. Goods and Services tax and/or applicable cesses (if any) as per applicable rates will be charged extra ^^Available only under Life Plus and All in One option. Maximum amount that can be availed is `2 Crore and will be paid as a lump sum. ++A lump sum is paid out on diagnosis of any of the listed conditions. This payout is based on the level of the condition. In any case, the total payout in the policy cannot exceed 100% of the Sum Assured of the cover selected. Please refer to the sales brochure to know about the payouts at different level of condition `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 cesses, if any will be charged extra as per applicable rates. Tax laws are subject to amendments from time to time. Please consult your tax advisor for more details, before acting on above. *`Benefits from 2nd year onwards is available under the Early Income plan option. ~Subject to realization of payment and documents. Policy can be purchased in 3 steps: 1. Generating premium quote 2. Filling basic details and answering health related questions 3. Premium payment ~*Additional Maturity Benefit is offered for online sales: For Lump Sum Plan option, 2.5% of Sum Assured on Maturity is applicable for Limited pay. In case of Single Pay in Lump Sum Plan option, 1% of Sum Assured on Maturity is applicable. For Income Plan option, 2.5% of Guaranteed Income is applicable. For Early Income Plan option, 3.5% of Guaranteed Income is applicable. For Single Pay Income Plan option, 1% of Guaranteed Early Income is applicable +The Policyholder can have funds in only one of the Portfolio Strategies. #Excluding taxes and Top-up Premium Allocation Charges. UIN details: ICICI Pru iProtect Smart - 105N151V06. ICICI Pru Signature - 105L177V03. ICICI Pru Guaranteed Pension Plan - 105N181V02. ICICI Pru Guaranteed Income For Tomorrow - 105N182V05. ICICI Pru Guaranteed Pension Plan Flexi - 105N187V03. ICICI Pru Saral Pension Plan - 105N184V04. ICICI Pru Guaranteed Wealth Protector - 105L143V02 ICICI Pru Heart/Cancer Protect: UIN 105N154V03. COMP/DOC/Jan/2022/101/7213 1The company will allocate extra units to your ULIP policy provided all due premiums have been paid. To know more in detail, kindly refer to sales brochure of the respective products. 2The premium for a 22 year old healthy male for a life cover of ₹ 1 crore for the ICICI Pru iProtect Smart – Life Option under the regular income payout option for a policy term of 19 years is ₹ 6,875 p.a (inclusive of all taxes) 3Refer the product brochures for the definitions, exclusions and other terms and conditions applicable for Permanent Disability due to accident and Terminal Illness. 424*7 buying assistance available through our digital assistant Ligo. 5Day 1 is counted from the day of receiving the last document. Mandatory documents need to be submitted at Branch Office before 3pm on a working day- Original policy certificate, copy of death certificate by local authority, 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, Panchanama, Inquest report, Driving license. Interest 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. 65% discount on premium is applicable only for Regular and Limited pay policies. In case of Single Pay, discount applicable is 2% of Single Premium. 7Only doctor’s certificate confirming diagnosis needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed critical illness. 8As per currently applicable tax laws, tax benefit of ₹ 54,600 ( ₹ 46,800 u/s 80C and ₹ 7,800 u/s 80D) 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 and health premium u/s 80D of ₹ 25,000. Tax benefits under the policy are subject to conditions under Section 80C, 80D, 80CCC, 10(10A), (10D) and other 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 details, before acting on above. ~#Your annuity/income is informed to you when you buy the plan and is guaranteed and unchanged for life. 9This option is available only with Joint Life. Joint life can be either the spouse, children, parents or siblings. //Tax benefits under the policy are subject to conditions under Section 80C, 80CCC, 115BAC and other provisions of the Income Tax Act,1961. Good and Service tax and Cesses, if any will be charged extra as per prevailing rates. The Tax Free return is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. "Guaranteed Additions (GAs) rate will be 9% for policy term of 10 years and 10% for policy term of 15 years. GAs will be added to the policy at the end of every policy year if all due premiums have been paid. Each GA will be calculated as GA rate multiplied by the total premiums paid till date (excluding extra mortality premiums, Goods & Services Tax and Cess (if any)). `*Wealth 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. ^*Systematic Withdrawal Plan is allowed only after the first five policy years. -Guaranteed Maturity Benefit (GMB): Your GMB will be set at policy inception and will depend on policy term, premium, premium payment term, age and gender. ~~Guaranteed benefits in the form of lump sum will be payable under Lump Sum Plan option. Guaranteed benefits in the form of regular income will be payable under Income Plan option and Early Income Plan option. ``Tax benefits of ₹ 54,600(₹ 46,800 u/s 80C & ₹ 7,800 u/s 80D) is calculated at highest tax slab rate of 31.20%(including cess excluding surcharge) on life insurance premium u/s 80C of ₹ 1,50,000 and health premium u/s 80D of ₹ 25,000. Tax benefits under the policy are subject to conditions under Section 80C, 80D,10(10D), 115BAC and other provisions of the Income Tax Act,1961. Good and Service tax and Cesses, if any will be charged extra as per prevailing rates. The Tax Free return is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. $How much life insurance do you really need? - https://economictimes.indiatimes.com/wealth/insure/how-much-life-insurance-do-you-really-need/articleshow/22065416.cms?from=mdr $$Why men often die earlier than women - https://www.health.harvard.edu/blog/why-men-often-die-earlier-than-women-201602199137 ΘGuaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity. °The total amount is calculated for a 30-year-old healthy male with a premium paying term of 10 years paying premiums in monthly mode and income period of 30 years taking income in annual installment under Income plan 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. Total benefit of ₹ 1,01,77,830 is calculated by taking the sum of all guaranteed incomes payable over the entire income duration. COMP/DOC/Dec/2021/3012/7166 ΘGuaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity. ↃGuaranteed Maturity Benefit (GMB) will be set at policy inception and will depend on policy term, premium, premium payment term, Sum Assured and gender. Your GMB may be lower than your Sum Assured. GMB is the Sum Assured on maturity. £Bonuses consist of vested reversionary bonuses, interim bonus and terminal bonus, if any. Reversionary bonuses may be declared every financial year and will accrue to the policy if it is premium paying or fully paid. Reversionary bonuses will be allocated through the compounding bonus method. All reversionary bonuses will be declared as a proportion of the sum of the GMB and the vested reversionary bonuses. Reversionary bonus once declared is guaranteed and will be paid out at maturity or on earlier death. Contingent reversionary bonus may be declared every financial year and will accrue only to a policy if it becomes paid-up. Contingent reversionary bonus will be a part of the paid up benefit and will be paid on maturity or earlier death. A terminal bonus may also be payable at maturity or on earlier death. ŦGuaranteed Additions (GAs) totaling 5% of GMB each year will accrue during the first five policy years if all due premiums are paid. GAs accrue on payment of due premium. ±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, 80D, 10(10D),115BAC and other 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 details, before acting on above. +Life Cover is the benefit payable on death of the life assured during the policy term. ≠ΘGuaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity. ∞Tax benefits of ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20%(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, 80D,10(10D), 115BAC and other provisions of the Income Tax Act,1961. Good and Service tax and Cesses, if any will be charged extra as per prevailing rates. The Tax Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above. ꓘICICI Pru Guaranteed Income For Tomorrow (Long-term) offers 4 options in income period namely 15, 20, 25 and 30 years. The customer can choose any plan option from the four available options. Please refer to the brochure for more details. ꞂICICI Pru Guaranteed Income For Tomorrow (Long-term) offers two plan options namely, 'Income' and ‘Income with 110% ROP’ . The customer can choose any plan option from the two available options. Please refer to the brochure for more details. +Life Cover is the benefit payable on death of the life assured during the policy term. !As per Internal Data of policies sold for all products from Apr’21-Dec’21 in the BOL Channel. ICICI Pru Savings Suraksha: UIN 105N135V02. ADVT: W/II/4911/2021-22 ICICI Pru Guaranteed Income for Tomorrow (Long-term): UIN:105N185V06. ADVT: W/II/5060/2021-22 *Claim statistics are for FY 2019-20 and is computed basis individual claims settled over total individual claims for the financial year. For details, refer to Public Disclosures in our Website. W/II/3484/2018-19. Popular Searches: single premium policy savings plan health insurance one time investment What Is Term Insurance Income Tax Calculator EMI Calculator Calculate Term Insurance Financial Calculator cancer insurance ANNUITY PLANS What Is Life Insurance What Is Health Insurance What Is Ulip Term Insurance Comparison Efiling WHAT IS ANNUITY Whole Life Insurance Income Tax Slabs TDS COMPARE SAVINGS PLAN 1 crore term insurance TERM INSURANCE FOR SMOKERS SUM ASSURED MEANING Importance of Health Insurance Features of Life Insurance Term Insurance Tax Benefits critical illness insurance Child Plans TDS Rates Chart types of life insurance Money Management Tips features of annuity plan saving for child How may I help you today? I AM LIGO, YOUR DIGITAL ASSISTANT. 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Ltd. All rights reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Tel.: 40391600. Customer helpline number - 1860 266 7766. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays). Member of the Life Insurance Council. For more details on the risk factors, term and conditions please read the product brochure carefully before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. BEWARE OF SUSPICIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS 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. irdai cautions public against spurious calls and FICTITIOUS offers