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‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’.
There's no harm in saving some money for the future. Keep in mind that ICICI Pru presents an ICICI Pru Assured Savings Insurance Plan, a plan that gives you guaranteed benefits on survival, maturity, or death. You'll even receive 9%, 10%, or 11% of guaranteed addition automatically added to your base cover annually.
Along with other benefits, the investment plan offers flexibility to choose the premium payment term (PPT) and policy term (PT) based on your needs. You can even surrender your policy at any time after paying a two-year premium and get a Special Surrender Value (SSV).
ICICI Pru Assured Savings is a versatile savings plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.
ICICI Pru Assured Savings Plan offers you a range of benefits including:
Minimum age - 0 years Maximum age - 60 years
Maximum maturity age - 72 years
10 to 20 years
5/7/8/10/12 years
Annual / Half-yearly / Monthly
Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs
Here are some features of ICICI Assured Savings:
Depending on the total premium paid, 9%, 10%, or 11% of guaranteed addition would be added annually to your base cover.
Guaranteed maturity benefits will be payable in a lump sum at the end of the policy term.
The plan allows you to choose premium payment terms and policy terms based on your requirements.
The plan offers life cover for the entire policy term.
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There are various benefits to buying the ICICI Pru Assured Savings Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the ICICI Pru Assured Savings Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the ICICI Assured Savings official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of ICICI Prudential Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'ICICI Pru Assured Saving'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the ICICI Pru Assured Savings Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
What’s Good Here | What’s Missing |
Guaranteed Maturity Benefit | No Plan Options |
Flexible Policy Term | No High sum assured rebate |
Guaranteed Death Benefit | No Auto cover continuance |
Guaranteed Additions | No additional riders |
Surrender Benefit | NA |
ICICI Pru Assured Savings Insurance plan offers guaranteed returns and assured life cover. In this plan, you'll get guaranteed benefits on survival, maturity, or death.
For more info related to this plan, you can visit PolicyX.com, or call us at 1800 - 420 - 0269. Our insurance experts listen to your unique needs and suggest the best possible solution for you.
ICICI Assured Savings Insurance plan is a protection and savings-based life insurance plan with guaranteed benefits.
The surrender value of the ICICI Assured Savings Insurance Plan differs from plan to plan based on policy term or premium paid till surrender. On policy surrender, you will get higher of the following: Guaranteed Surrender Value (GSV) + Surrender Value of Accrued (GAs).
Under this plan, policy surrender is typically allowed after a premium payment of two full years’ premium.
ICICI’s Assured Savings Insurance Plan offers guaranteed savings to help you reach your goals, along with life insurance coverage to protect your family.
ICICI Prudential Life Insurance claims Settlement Ratio for FY 2022-23 is 97.8%, calculated based on claims settled over total claims for the financial year.
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February 5, 2023
Asia/Kolkata
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