Terms & Conditions

1. ICICI Pru Cash Advantage (Non-Linked Participating Life Individual Savings Product)

• ¹ Guaranteed cash benefits - Guaranteed Cash Benefit (GCB) is payable in advance during the payout term provided the life assured is alive and the policy is fully paid, payout term begins as soon as the premium payment term is over and terminates at the end of the policy term. GCB can be received in monthly or annual installments. GCB is a percentage of the Guaranteed Maturity Benefit (GMB) and depends on cash benefit mode opted. It is equal to 1% of GMB every month throughout the payout term of 10 years for monthly mode and 11.5% of GMB every year for annual payout mode
• ² Tax benefits - Tax benefits: Tax benefits under the policy are subject to prevailing tax laws. Goods & Services Tax and Cess, if any will be charged extra, as per prevailing rates. The tax laws are subject to amendments from time to time

2. ICICI Pru Future Perfect (Non-linked Participating Life Individual Savings Product)

• Capital protection¹ + Growth of money^*

¹ Capital protection is in the form of Guaranteed Maturity Benefit and Guaranteed Additions

Guaranteed maturity benefit (GMB): GMB will be set at policy inception and will depend on policy term, premium, premium payment term, SUM assured on death and gender. Your GMB may be lower than your sum assured on death. Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity

GA - Guaranteed additions (GAs) totaling 5% of GMB each year will accrue during the first five policy years if all premiums are paid. Gas accrue on payment of due premium

• ² Live Cover. On maturity, you will receive higher of assured benefit or fund value. Assured value will be 101% of total premium paid which is applicable only on maturity of the policy and does not apply on death or surrender
• ³ Tax benefits – Tax benefits under the policy are subject to conditions under Sec. 80C and Sec 10(10D) 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 from time to time

3. ICICI Pru Guaranteed Wealth Protector (Unit Linked Non-participating Individual Life Insurance Plan)

• ¹ Risk free investment is the form of capital guarantee which is 101% of total premiums paid and is payable subject to all due premiums being paid and the policy being in force on the date of maturity
• ² Tax benefits – Tax benefits under the policy are subject to conditions under Section 80C, 10(10D) 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 from time to time

4. ICICI Pru Immediate Annuity (Non-Linked Life Insurance Plan)

• ¹ Flexible payout options - Flexibility to receive income monthly, quarterly, half-yearly or yearly
• ² Tax benefits - Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premium paid and benefits received. Goods & Services Tax and cess (if any) will be charged extra as per applicable rates. The tax laws are subject to amendments from time to time

5. ICICI Pru Lakshya Lifelong Income(A Non-Linked Participating Life Insurance Plan)

• ¹ Regular income till 99 years of age – Guaranteed Income and Cash Bonus: Guaranteed Income will be set at policy inception. Guaranteed income and Cash Bonus is a proportion of Sum Assured on Maturity
• ² Tax benefits - Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premiums paid and benefits received. Goods and Services tax will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time

6. ICICI Pru Savings Suraksha (Non-linked Participating Life Individual Savings Product)

• ¹ Guaranteed maturity benefit (GMB): GMB will be set at policy inception and will depend on policy term, premium, premium payment term, Sum Assured on death and gender. Your GMB may be lower than your Sum Assured on death. Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity
• ² Guaranteed Additions for staying invested – Guaranteed 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

© 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