SmartKid Assure with ICICI Pru Signature Assure plan is a 5 in 1 benefit savings insurance plan to grow funds for your child's future expenses and to financially secure your child in case of any unfortunate event with In-built Waiver of Premium and income benefit.
Some unique benefits of this plan are-
A) Wealth creation opportunity- The plan offers an opportunity to create wealth over long-term for your goal with the combination of equity, debt and balanced fund options available
B) Goal protection – Your child’s future is secured even in your absence. You child gets following benefits in case of your unfortunate demise

• Life cover¹ – Life cover amount (sum assured) will be paid to your child
• Future secure² – Future premiums are waived2 off and the remaining premiums (if any) is paid by the company to ensure your child’s financial security.
• Family income³ benefit – Your child would also get an annual income3 every year till the end of policy term to take care of their recurring expenses
• Maturity benefit – Your child will also get the maturity benefit at the end of the policy term to ensure they do not have any financial roadblocks for their goals.
• ADBR- Your child will get additional life cover amount in the unfortunate event of an accident

C) Flexibility- Choice of 4 portfolio strategies and wide range of funds across equity, balanced, and debt to suit your investment needs
D) Free Switches⁵- Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost.
E) Tax^*-benefits- Avail tax* benefits on the premiums paid u/s 80C and benefits received u/s 10(10D) of Income Tax Act, 1961
F) Loyalty additions⁴ – Fund boosters worth 2.50% of fund value will be added to fund every 5th year from end of 10^th policy year
E) Systematic withdrawals- Option to get regular money from your fund value with Systematic Withdrawal Plan
F) Quick & Safe buying process- Buying this plan online is completely safe, secure & convenient. It takes only 10-15 minutes to fill the form & do the payment. You can also talk to our experts on toll-free no. 1800 209 9777 for any queries
I) Online servicing- The entire servicing of this plan can be done online or through our official app. This saves your time to visit the branch for any of your concerns

A) SmartKid Assure with ICICI Pru Signature Assure plan offers 2 types of tax-benefits* to our customers-

• Tax^* benefits on premiums paid u/s 80C of Income Tax Act, 1961.
• Tax^* benefits on maturity or death proceeds subject to Section 10(10D) of Income Tax Act 1961.

SmartKid Assure with ICICI Pru Signature Assure plan can be easily bought online in 4 simple steps-

• Choose your premium amount, premium payment term, policy term, income benefit percentage
• Select your choice of funds
• Make a safe payment online
• Get a digital welcome kit delivered once the policy is issued

The key benefits of buying this plan online are-

• Paperless and convenient buying journey
• Quick digital documentation process
• Toll-free call-based assistance for any queries - 1800 209 9777
• 30 days free-look period to review your policy details

A) SmartKid Assure with ICICI Pru Signature Assure aims to achieve market-linked returns from a diversified portfolio of equity, debt & balanced funds. The customer has the flexibility to choose his portfolio strategy & the funds depending upon his/her risk appetite
Unit Pricing: The NAV for different Segregated Funds shall be declared on all business days (as defined in Investment Regulations)

A) Your investments will be actively managed by our dedicated & experienced fund managers. You can get the entire details about the fund performance on our official website or the link provided here- /fund-performance/all-products-fund-performance-details.html?UID=1203

A) Min/Max age of entry – 18/50 years, Min/Max age at maturity – 33/65 years.
Premium payment terms:
Minimum:

Age at Entry	Minimum Premium Payment Term
≤ 45 years	5 years
> 45 years	7 years

Maximum – 15 years

Policy terms – 15 to 25 years

A) Yes. The customer can surrender this plan if required. However, depending upon the year of the policy you wish to surrender the surrender benefits will be applicable as below,

• Yes. The customer can surrender this plan if required. However, depending upon the year of the policy you wish to surrender the surrender benefits will be applicable as below,
• On surrender after completion of the fifth policy year, you will be entitled to the Fund Value including Top-up Fund Value if any.
• The surrender option will remain available as long as the life assured is alive and the policy is not terminated for any reason earlier.

A) In case of discontinuance of policy due to non-payment of premiums during the first five policy years, upon the expiry of grace period, the Fund Value including Top-up Fund Value, if any, shall be credited to the DP Fund after deduction of applicable discontinuance charges and the risk cover shall cease. It will continue to remain in the DP fund till the policy is revived by paying due premiums

A) Partial withdrawals¹³ are allowed after the completion of five policy years provided funds are not in DP Fund. You can make unlimited number of partial withdrawals¹³ as long as the total amount of partial withdrawals¹³ in a year does not exceed 20% of the Fund Value in a policy year. The partial withdrawals¹³ are free of cost. DP Funds refer to Discontinued Policy fund and consist of money from lapsed policies.

Systematic Withdrawal Plan (SWP)- This facility allows you to withdraw a pre-determined percentage of your fund value regularly. This can help you to meet specific needs such as child’s education or money for day-to-day expenses during retirement

A) In SmartKid Assure with ICICI Pru Signature Assure plan, if you choose the Fixed Portfolio Strategy, you can switch units from one fund to another as many times as you want as per your financial priorities and investment opportunities. This benefit is available to you completely free of cost. The minimum switch amount is ₹2,000. Note-Switches⁵ are not applicable to other portfolio strategies.

A) You have a period of 30 days to review your original policy document from the date of receipt if you have purchased the policy online. If you are not satisfied with the terms and conditions of your policy, you can return it to us for cancellation and you will be eligible for a refund. This will be mentioned in your policy certificate. Once received, we will process your request and refund the premium amount after applicable deductions (if any) within 15 days.

A) The basic charges included in the plan are as below-

• Policy Administration Charges- Policy Administration Charge are levied every month by redemption of units
• Mortality charges- Mortality charges are charged for the insurance cover opted & are levied every month by redemption of units based on the Sum at Risk.
• Fund management charges- The fund management charges are charged as percentage of the Fund Value and will be adjusted from the NAV daily .