ICICI Pru IAssure Single Premium – Non linked Life Insurance Plan
- Pay premium only once and enjoy Guaranteed Maturity Benefit (Condition Apply 1)
- Receive Sum Assured or Guaranteed Maturity Benefit, whichever is higher in case of death during the policy term
- Loans are available once the policy attains a Surrender Value after 1st policy year. A loan amount of up to 80% of the Surrender Value can be availed.
|Policy Term||5 or 10 years|
|Minimum age at entry||Term (years)||Age (years)|
|Maximum age at entry||70 years|
|Minimum age at maturity||18 years|
|Maximum age at maturity||Term (years)||Age (years)|
|Premium payment term||Single Premium|
|Sum Assured||Minimum and maximum SA 125% and 500%|
|Minimum Premium||Rs. 20,000|
Terms & Conditions:
T&C 1 - The Guaranteed Maturity Benefit will depend on your age, gender, premium amount, policy term, Sum Assured multiple and the Reference Rates applicable at policy inception. Also this guarantee will not be applicable in case of policy surrender.
T&C 2 - As per Finance Act 2012, all policies issued from April 1, 2012, with premium to sum assured ratio of less than 1:10 and where death benefit at any time is less than 10 times premium, will not be eligible for tax benefit under section 10 (10D) of the Income Tax Act. Further tax benefit u/s 80C for such policy will be limited only up to 10% of Sum Assured
Registered Address: - ICICI Prulife Tower, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. Reg No: - 105. Insurance is the subject matter of the solicitation. Product UIN: 105N110V01. For more details on the risk factors, term and conditions please read sales brochure carefully before concluding the sale. Tax benefits under the policy are subject to conditions under Sec. 80C and Sec 10(10D) of the Income Tax Act, 1961. Service tax and education cess will be charged extra as per applicable rates Tax laws are subject to amendments from time to time. Service tax & education cess will be charged extra as per applicable rates. ICICI Pru IAssure Single premium UIN: 105N110V01. Advt. No. :CA/II/690/2012-13
ICICI Bank Limited is a corporate agent of ICICI Prudential Life Insurance Company Ltd. ICICI Bank Limited, Registered Office: Landmark, Race Course Circle, Vadodara 390 007. Corporate Agent's license no. 2470377 Corporate Agent does not underwrite the risk nor act as an insurer. Insurance is underwritten by ICICI Prudential Life Insurance Company Ltd. This policy is brought to you from ICICI Prudential Life Insurance Company Limited ("ICICI Prudential") and is subject to the terms and conditions governing such policy. ICICI Bank Limited ("ICICI Bank") is licensed by the IRDA to act as a corporate agent of ICICI Prudential. The contract of insurance will be between ICICI Prudential and the insured, and not between ICICI Bank and the insured. ICICI Bank is acting merely as the corporate agent of ICICI Prudential and there is no direct or indirect linkage between the provisions of the banking services offered by ICICI Bank and your usage of the product or participation in the scheme offered by ICICI Prudential. Your participation in this product is purely on a voluntary basis. ICICI Bank is not liable or responsible for any claim, dispute, liability, loss or shortfall resulting from the policy.