Overview
ICICI Pru Assured Savings Insurance Plan - A Non-Linked, Non-Participating, Life Individual Savings Product
We know you like to be future ready. You want to fulfil your family’s future goals like child's education and marriage, owning dream house and planning comfortable retirement. You would also want to be prepared for emergencies.
ICICI Pru Assured Savings Insurance Plan gives you guaranteed savings benefits to meet your future goals. It also gives you protection of life cover to take care of your family in your absence.
Features of Life Insurance Plan
- Get guaranteed additions* every year - 9%-10% of total premiums paid will be added to your policy benefits depending on your policy term
- Get a lump sum payable at the end of the policy term
- Flexibility to choose premium payment term and policy term as per your needs
- Get life cover for the entire policy term
- Tax benefits on premiums paid and benefits received u/s 80C and 10(10D)
How ICICI Pru Assured Savings Insurance Plan works
30-years old Nitin purchased ICICI Pru Assured Savings Insurance Plan to protect his family’s future and fulfil financial goals with guaranteed returns.
- Sum Assured: ₹5,00,000
- Policy term: 15 years
- Premium paying term: 7 years
- Annual Premium: ₹50,000
| Benefit Summary | |
|---|---|
| Guaranteed Additions | ₹4,20,000 |
| Guaranteed Maturity Benefits | ₹2,17,438 |
| Maturity Benefit : Total Amount payable at maturity | ₹6,37,438 |
This above illustration is for healthy male life assured and assumes all due premiums until maturity are paid.
Disclaimer of Life Insurance Plan
- *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)).
- The illustration in the banner is for 30-year-old healthy male life assured with 7 years of premium paying term and 15 years of policy term and assumes all due premiums until maturity are paid.
- Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity. Guaranteed Maturity Benefit (GMB) will be set at policy inception and will depend on policy term, premium, premium payment term, age and gender.
- ^Tax benefits under the policy are subject to conditions under Section 80C, 10(10D) and other provisions 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.
The plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance. INDUSIND Bank Limited (CA Registration No:CA0001) is the Corporate Agent of ICICI Prudential Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune – 411001. Participation by the Bank’s clients in the insurance products is purely on voluntary basis. Call us on: 1860 267 7777.
© ICICI Prudential Life Insurance Co. 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. ICICI Pru Assured Savings Insurance Plan. UIN: 105N144V06, ADVT No.: W/II/3698/2021-22
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