Terms & Conditions- 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
ICICI Prudential Life Insurance Company Limited. IRDAI Regn. No. 105. CIN: L66010MH2000PLC127837. Registered Address: ICICI PruLife Towers, 1089, AppasahebMarathe Marg, Prabhadevi, Mumbai - 400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Trade Logo displayed above belongs to ICICI Bank Limited & Prudential IP Services Limited and used by ICICI Prudential Life Insurance Company Limited under license. Call us on 1860-266-7766 (10 am - 7 pm, Monday to Saturday, except national holidays and valid only for calls made from India)
