ICICI Pru iProtect Smart gives you the flexibility to design your safety net so that you can protect your family’s future to ensure that they lead their lives comfortably without any financial worries, even in your absence. This plan offers you the option to enhance your coverage against Accidental Death and Critical Illness and hence ensuring a 360-degree cover on your life.
ICICI Pru iProtect Smart – Key Features
- Minimum & maximum age of entry: 18 years & 65 years.
- Policy term: You can choose a policy term between 5-40 years subject to a type of plan chosen and also the premium payment option selected.
- Premium payment options: Single Pay, Regular Pay, Limited Pay.
- Premium payment term: Once for Single Pay option; equal to Policy Term for Regular Pay option; and Policy Term minus 5 years for Limited Pay option.
- Premium payment frequencies: Single, yearly, half-yearly and monthly.
- Sum Assured: Minimum subject to the minimum premium being paid, no maximum limit.
- Coverage against death, terminal illness, accidental death, and disability.
ICICI Pru Easy Retirement is a Unit Linked Pension Plan, which offers equity linked growth on your savings along with the assurance of capital guarantee. This plan helps you build a retirement corpus that will enable you to receive a sizeable regular income, after your retirement.
ICICI Pru iProtect Smart: Key Featuers
- Build retirement corpus
- Protect your savings through Assured Benefit
- Limited or Regular premium pay term
- Invest additional money through Topups
- Multiple annuity options
- Pension Boosters to boost retirement corpus
- 2 investment fund options
- Increase/decrease premium payment term
- Avail switching & premium redirection
- Tax benefits
ICICI Pru Immediate Annuity Plan is a single premium immediate annuity plan, where the policyholder would pay the lump sum premium and can avail immediate pension. He has a choice of 5 different pension options from which he can choose and the pension amount would vary accordingly. The minimum pension that anyone can receive is Rs 12,000 per annum.
ICICI Pru Immediate Annuity Plan: Key Features
- It is a single premium payment plan with immediate pensions available in yearly, half-yearly, quarterly or monthly. Hence there is no vesting date since annuity is payable immediately
- 5 different pension options available for self and spouse
- No medical tests required as there is no medical underwriting and no life coverage provided.
ICICI Pru Guaranteed Wealth Protector is a unit-linked insurance plan (ULIP) that offers the potential for high returns, by investing a portion of your money in equity.
ICICI Pru Guaranteed Wealth Protector: Key Features
- Pay premium just once or for a limited period of 5 years
- Assured Benefit feature returns 101% of premiums paid
- The plan offers Loyalty Additions and Wealth Booster
- Tax Benefits on premiums paid and benefit amount paid on maturity
ICICI Pru Smart Life Plan is a unit-linked insurance plan (ULIP). The plan offers multiple investment options and fund choices. The policyholder will receive the fund value on the maturity date. In the event of unfortunate death of policyholder during the policy term, the family will get the benefit amount. Waiver of Future premiums in case of death of policyholder makes the plan unique.
ICICI Pru Smart Life: Key Features
- The flexibility of premium payment – pay once for the entire tenure
- Waiver of future premium – in case of policy holder’s death
- Choice of portfolio strategy – diversify risk across portfolios
- Loyalty benefits / Wealth Boosters – extra units for staying invested for long-term