1Life cover is the benefit payable on death
of the life assured during the policy term. Death
Benefit will be highest of:
-
Sum Assured, including Top-up Sum Assured, if any
- 105% of the total premiums paid
-
Fund Value including the Top-up Fund Value, if any
2The premium ₹3,846 p.m. is calculated for a
30-year-old healthy male with the monthly mode of
payment, premiums paid regularly for the policy term of
40 years and life cover of ₹50 lakh. The premium shown
is inclusive of taxes and the mentioned benefit is
payable only if all premiums are paid as per the premium
paying term and the policy is in force till the
completion of entire policy term opted.
+The sum assured multiple in ICICI Pru
Protect N Gain is calculated basis the chosen life
cover, life assured’s age, premium payment term and
policy term. The highest available sum assured multiple
is 125 in the product.
*Tax benefits under the policy are subject to
conditions under Sections 80C, 10(10D), 115BAC and other
provisions 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
made thereto from time to time. Please consult your tax
advisor for details
^The premium ₹7,694 p.m. is calculated for a
30-year-old healthy male with the monthly mode of
payment, premiums paid regularly for the policy term of
40 years and life cover of ₹1 crore. The premium shown
is inclusive of taxes and the mentioned benefit is
payable only if all premiums are paid as per the premium
paying term and the policy is in force till the
completion of entire policy term opted.
~Maturity benefit is policy fund value,
including top up fund value, if any. On payment of
maturity benefit, the policy terminates.
~!The premium ₹8,886 p.m. is calculated for a
30-year-old healthy male with the monthly mode of
payment, premiums paid for 10 years for the policy term
of 30 years and life cover of ₹1 crore. The premium
shown is inclusive of taxes and the mentioned benefit is
payable only if all premiums are paid as per the premium
paying term and the policy is in force till the
completion of entire policy term opted.
1LThe premium ₹36,411 p.m. is calculated for
a 30-year-old healthy male with the monthly mode of
payment, premiums paid regularly for the policy term of
40 years, life cover of ₹5 crore, accidental death cover
of ₹3 crore and accidental disability cover of ₹ 3
crore. Total cover is of ₹ 11 crore. The premium shown
is online and inclusive of taxes. Maturity benefit at 8%
ARR is ₹8.9 Cr and at 4% ARR it is ₹3.8 Cr. The
mentioned benefit is payable only if all premiums are
paid as per the premium paying term and the policy is in
force till the completion of entire policy term opted.
^bThe premium ₹15,385 p.m. is calculated for
a 41-year-old healthy male with the monthly mode of
payment, premiums paid regularly for the policy term of
40 years, life cover of ₹2 crore, accidental death cover
of ₹ 2 crore and accidental disability cover of ₹ 2
crore. Total cover is of ₹ 6 crore. The premium shown is
inclusive of taxes and the mentioned benefit is payable
only if all premiums are paid as per the premium paying
term and the policy is in force till the completion of
entire policy term opted.
^aThe premium ₹11,539 p.m. is calculated for
a 41-year-old healthy male with the monthly mode of
payment, premiums paid regularly for the policy term of
40 years, life cover of ₹1.5 crore, accidental death
cover of ₹ 1.5 crore and accidental disability cover of
₹ 1.5 crore. Total cover is of ₹ 4.5 crore. The premium
shown is inclusive of taxes and the mentioned benefit is
payable only if all premiums are paid as per the premium
paying term and the policy is in force till the
completion of entire policy term opted.
3Systematic Withdrawal Plan is allowed only
after the first five policy years.
4Starting from the 11th policy year, you will
receive 2X/4X of return of mortality and 2X of policy
administration charges (excluding taxes), at the
beginning of each month, till the end of the policy
term. These will be added in the form of units to the
Fund Value.
5At policy maturity, an addition, known as
Maturity Booster in the form of extra units (Units mean
a specific portion or part of the Unit Linked Fund(s) in
which you have saved your money) will be made to boost
your Fund Value. This Maturity Booster will be equal to
20% percentage of the average of the Fund Values
including Top-up Fund Value, if any, on the last
business day of the last eight policy quarters.
6Switches are only applicable for fixed
portfolio strategy and not applicable for other
portfolio strategies.
7Available through mandatory rider ‘ICICI Pru
Linked Accidental Death and Disability Rider’. Please
refer to the rider brochure for more details.
8The onboarding process of ICICI Pru Protect
N Gain is on basis of income documentation with minimum
declared income requirement of 3L, video medicals up to
age 45, minimum education of HSC. These are the current
underwriter guidelines and are subject to change.
`Premiums are exclusive of taxes.
<1 Day is a working day, counted from the
date of receipt of all relevant documents from the
claimant, additional information sought by the Company
and any clarification received from the claimant. The
Company will be calling the claimants for verification
of information submitted by the Claimant which will also
be considered as part of relevant documents. Working day
will be counted as Monday to Friday and excluding
National holidays /Bank holidays/Public holidays.
a) All due premiums in the policy have been paid and the
policy has been active for 3 consecutive years preceding
life assured’s death.
b) Mandatory documents to be submitted at Branch Office-
Claimant statement form, Original policy certificate,
Copy of death certificate issued by local authority, AML
KYC documents- Nominee’s recent photograph ,Copy of
Nominee’s pan card, Nominee’s current address proof,
photo identity proof, Cancelled cheque/ Copy of bank
passbook, Copy of medico legal cause of death, Medical
records (Admission notes, Discharge / Death summary,
Test reports, etc.), For accidental death - Copy of FIR,
Panchnama, Inquest report, Postmortem report, Driving
license.
c) Total claim amount of all the life policies held by
the Life Assured <= ₹1.5 Crore.
d) Claim does not require any on-ground investigation
1 Day is a working day, counted from date of receipt of
all relevant documents from the claimant, additional
information sought by the Company and any clarification
received from the claimant. The Company will be calling
the claimants for verification of information submitted
by the Claimant which will also be considered as part of
relevant documents. Working day will be counted as
Monday to Friday and excluding National holidays/Bank
holidays/Public holidays. Interest shall be at the bank
rate that is prevalent at the beginning of the financial
year in which death claim has been received. In case of
breach in regulatory turnaround time, interest will be
paid as per IRDAI regulations. Under ULIP policies, if
claim is submitted prior to 3 pm then the claim will be
considered under Claim For Sure on the same day. If
claim is submitted post 3pm or if the policy is inactive
at the time of claim notification then the claim will be
considered under Claim For Sure the next day as per
availability of NAV.
Unit Linked Insurance Products do not offer any
liquidity during the first five years of the contract.
The policyholder will not be able to surrender or
withdraw the monies invested in Unit Linked Insurance
Products completely or partially till the end of the
fifth year.
Unit Linked products are different from traditional
insurance products and are subject to the risk factors.
The premium paid in ULIPs are subject to investment
risks associated with capital markets and the NAVs of
the units may go up or down based on the performance of
fund and factors influencing the capital market and the
insured is responsible for his/ her decisions.
ICICI Prudential Life Insurance is only the name of the
Life Insurance Company and ICICI Pru Protect-N-Gain is
only the name of the unit linked insurance product and
does not in any way indicate the quality of the product,
its future prospects and returns.
Please know the associated risks and the applicable
charges, from your Insurance agent or the Intermediary
or policy document issued by the Insurance company.
The various funds offered under this product are the
names of the funds and do not in any way indicate the
quality of these plans, their future prospects and
returns.
Bluechip Fund |
ULIF 087 24/11/09 LBluChip 105 |
Focus 50 Fund |
ULIF 142 04/02/19 FocusFifty 105 |
India Growth Fund |
ULIF 141 04/02/19 IndiaGrwth 105 |
Maximise India Fund |
ULIF 136 11/20/14 MIF 105 |
Maximiser Fund V |
ULIF 114 15/03/11 LMaximis5 105 |
Mid Cap Fund |
ULIF 146 28/06/22 MidCapFund 105 |
Multi Cap Growth Fund |
ULIF 085 24/11/09 LMCapGro 105 |
Opportunities Fund |
ULIF 086 24/11/09 LOpport 105 |
Sustainable Equity Fund |
ULIF 145 03/06/21 SustainEqu 105 |
Value Enhancer Fund |
ULIF 139 24/11/17 VEF 105 |
Mid Cap Index Fund |
ULIF 149 050723 McIndxFund 105 |
Mid Cap 150 Momentum 50 Fund |
ULIF 151 180124 McMomentum 105 |
Multicap 50 25 25 Index Fund |
ULIF 152 220224 MultiCapIF 105 |
Active Asset Allocation Balanced Fund |
ULIF 138 15/02/17 AAABF 105 |
Balanced Advantage Fund |
ULIF 144 03/06/21 BalanceAdv 105 |
Multi Cap Balanced Fund |
ULIF 088 24/11/09 LMCapBal 105 |
Mid Cap Hybrid Growth Fund |
ULIF 147 050123 MCHybrdGrt 105 |
Constant Maturity Fund |
ULIF 148 050123 ConstntMat 105 |
Income Fund |
ULIF 089 24/11/09 LIncome 105 |
Secure Opportunities Fund |
ULIF 140 24/11/17 SOF 105 |
Money Market Fund |
ULIF 090 24/11/09 LMoneyMkt 105 |
COMP/DOC/Aug/2023/168/3787
ICICI Prudential Life Insurance Company Limited. IRDAI
Regn No. 105. CIN: L66010MH2000PLC127837. ICICI PruLife
Towers, 1089, Appasaheb Marathe Marg, Prabhadevi,
Mumbai-400025. For more details on the risk factors,
terms and conditions, please read the sales brochure
carefully before concluding a sale. For enquires related
to new policies purchased online, please call us on
1-800-266-7766 and select option 4 on our Interactive
Voice System. 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 Protect N Gain UIN: 105L191V02. Advt
No: W/II/1511/2023-24. ICICI Pru Accidental Death and
Disability Rider UIN: 105A043V01.
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
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.