A life insurance policy is a contract between a policyholder and an insurance company. In a life insurance policy, the insurance company promises to pay a sum of money to the loved ones of the policyholder in case of death of the policyholder during a certain period. In return, the policyholder pays a small amount as premium to the insurance company.
In certain types of policies, the policyholder can also opt for critical illness benefits or choose additional protection to cover against an unfortunate event due to an accident.
Life insurance is the best way to create wealth & secure family’s future in the event of unfortunate death of the policyholder. Life insurance can be availed either through “Term plans” that offer life cover for family’s protection or through “Investment Plans” that help in wealth creation with financial security to meet individuals financial goals
Why is it important to buy a life insurance plan?
- Financial Security
- Peace of Mind
- Opportunities to create wealth
- Helps in financial planning for the various life goals
- Ensures assured income for our post-retirement life
- Death Benefit
- Maturity Benefit
- Guaranteed Returns
- Tax Benefits
- Loan Facility
ICICI Pru iProtect Smart (Term Plan)
Key Benefits:
- Enhanced protection with coverage against death, terminal illness and disability
- Boost your protection cover by choosing Accidental Death Benefit and Critical Illness Benefit
- Choose to receive the benefit amount as a lump sum or as monthly income for 10 years
- Flexibility to pay premiums once, for a limited period or throughout the policy term
- Enjoy Tax Benefits under Section 80C and 10(10D)
- Get covered till the age of 99 years
ICICI Pru GIFT Long Term (Guaranteed Income Plan)
Key Benefits:
- Get 100% Guaranteed1 Income for a long-term period of up to 30 years
- Option to get 110% of total premiums paid
- Get Income on your desired special date with Save the Date feature
- Enjoy Tax Benefits under Section 80C and 10(10D)
- Secure your family financially with Life Cover throughout the policy term
ICICI Pru GIFT Plan (Guaranteed Plan)
Key Benefits:
- Get 100% Guaranteed Benefits in the form of Lump Sum or Regular Income
- Option to avail Income Benefits from 2nd year onwards
- Get Income on a your desired special date with Save the Date feature
- Enjoy Tax Benefits under Section 80C and 10(10D)
- Secure your family financially with Life Cover
ICICI Pru Savings Suraksha (Endowment Plan)
Key Benefits:
- Life covers to protect your loved ones
- Guaranteed Maturity Benefit and Guaranteed Additions
- Get Reversionary and Terminal Bonus, if any, over and above the maturity benefits of the policy
- Enjoy Tax Benefits under Section 80C and 10(10D)
ICICI Pru Future Perfect (Endowment Plan)
Key Benefits:
- Guaranteed Additions and Guaranteed Maturity Benefit by staying invested
- Security of your loved ones with potential for wealth creation and Life Cover
- Get Reversionary and Terminal Bonus, if any, on maturity of the plan
- Enjoy Tax Benefits under Section 80C and 10(10D)
ICICI Pru Life Time Classic (ULIP Plan)
Key Benefits:
- 4 Portfolio Strategies to choose from
- Multiple Funds To Invest
- Choice of Level of Protection that suits once needs
- Tax Benefits under Section 80C, and under 10(10D) only for policies with premiums payable upto Rs 2.50 Lakhs
- Loyalty Additions and Wealth Boosters gets added to the Fund Value
- Fund Switching Option available under Fixed Portfolio Strategy
- Flexible Payment Options