¹Life Insurance Cover is the benefit payable on death of the Life Assured during the policy term.

²Policyholder can select yearly, half-yearly or monthly premium payment frequency under this policy. The Instant CashBack Benefit is available only to policies where the policyholder chooses to pay premiums with yearly premium payment frequency

³Guaranteed Benefits will be payable subject to all due premiums being paid. Guaranteed income will start based on the income start year chosen by you. In case policyholder has not opted for Instant CashBack Feature, income can start from first year.

⁴Maturity Benefit shall be payable at the completion of the policy term. The Guaranteed Maturity Benefit shall be expressed as a percentage of the sum of Annualized Premium payable under the policy, where the percentage shall be as chosen by the policyholder at inception of the policy

⁵Level Guaranteed Income and Increasing Guaranteed Income are income options available under ICICI Pru GIFT Select. Under Level Guaranteed Income option, the Guaranteed Income will remain constant throughout the income period. If Increasing Guaranteed Income option is selected, the Guaranteed Income shall increase by 5% every policy year on compounding basis

⁶Instant CashBack Benefit amount is paid within one working day of realisation of the first year's premium by the company post issuance of the policy

⁷If you opt for “Low Cover Income Booster” the sum assured on death will be lower and your guaranteed income will be increased

⁸Policies issued on or after April 01, 2023 where aggregate premium in respect of Non - Unit linked life insurance policies more than ₹ 5 lakh p.a. is not exempt u/s 10(10D) of the Income Tax Act, 1961. Tax benefits of ₹46,800 under Section 80C is calculated at highest tax slab rate of 31.20%(including cess excluding surcharge) on life insurance premium under Section 80C of ₹1,50,000/-. 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

⁹Flexi Save Option provides an option to the policyholder to accumulate the accrued Guaranteed Income benefit with the company instead of receipt in cash. The balance of such unpaid Guaranteed Income benefit payouts will be accumulated with daily accrual of a loyalty addition at the Reverse Repo Rate published by Reserve Bank of India (RBI)

¹⁰Immediate/Early income can be availed under this plan when the deferment period is 0 years, and no instant cashback is opted for.

^~Additional benefit for online sales: 3% on Income

^&Income amount is paid within one working day of realisation of the first year's premium by the company post issuance of the policy

Change of frequency of premium payment: You have the flexibility to change the frequency of premium payment on policy anniversary.

¹²Guaranteed Income payout frequencies:

1. Annual in Arrears: This is the default option. Under this option, you will receive the Guaranteed Income benefit at the end of each policy years, during the Income term. In case annual premium payment frequency is chosen, then you shall have the following additional income payout frequency options:
2. Monthly in arrears: If this is opted by you, then you will receive the Guaranteed Income at the end of each policy month, during the Income Term. During the premium payment term, GI (if due) will be paid out within one working day of realisation of each policy year’s premium by Us or on the GI due date, whichever is later. Post premium payment term, such GI (if due) will be paid out on the respective due dates.
3. Annual in advance: If this frequency is opted by you, then you will receive the Guaranteed Income at the beginning of each policy year during the Income Term. In case Income Term starts from the first policy year, such GI will be paid out within one working day of realisation of the first year’s premium by Us post issuance of the policy. For any subsequent policy year during the premium payment term, such GI (if due) will be paid out within one working day of realisation of the respective policy year’s renewal premium by the Company or on the GI due date, whichever is later. Post premium payment term, such GI (if due) will be paid out on the respective GI due dates.

¹³In the event Premium Payment Frequency is changed by You from an annual to a non-annual mode during the Premium Payment Term, then the GI frequency will be altered by Us such that all future Guaranteed Incomes will be paid at the end of respective policy years effective from the same Policy Anniversary on which the premium frequency change takes effect. Following GI modal factors would apply depending on the option chosen by You:

GI Frequency	GI Frequency Factor	GI Modal Factor
Monthly in arrears	12	96%
Annual in advance	1	92%
Annual in arrears	1	100%

Instalment GI will be calculated as annual GI * GI modal factor / GI frequency factor.

¹⁴Loadings for other than annual mode of premium payment frequency: For monthly and half-yearly modes of premium payments, additional loadings will be applied. The additional loadings, expressed as a percentage of the annual premium will be as given below.

Mode of Premium Payment	Loading (% of Annual Premium)
Monthly	4.5%
Half-yearly	2.5%
Yearly	0%

1. ⁺You can take a policy loan after your policy acquires a surrender value. The maximum loan amount will be 80% of the surrender value.
2. ^{^^}Data regarding AUM and benefits paid, is as per Annual Report of the Company for FY2024.
3. ^T96.9 mn lives covered across our individual and group customers as per ICICI Prudential Life Council Report.

^< ClaimForSure: 1 Day Death Claim Settlement is available for the following:

a) Policies that have been active for 3 consecutive years. 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) All mandatory claim documents are submitted at the branch. 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,Postmartem 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.

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 1800-2660 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 GIFT SELECT, A Non-Participating Non-Linked Individual Savings Life Insurance Plan

UIN : 105N223V01 Advt No.: W/II/1726/2024-25