ICICI Pru Cash Advantage
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
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Customized Investment Plan for you.

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15 Lacs+ P.A. 10-15 Lacs P.A. 7-10 Lacs P.A. 5-7 Lacs P.A. 3-5 Lacs P.A. Upto 3 Lacs P.A.

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ICICI Pru Cash Advantage

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the same plan. This plan provides guaranteed monthly income for 10 years. It also offers an additional cash bonus for each policy year ( if declared).

You can also avail yourself of a policy loan against ICICI Pru Cash Advantage for up to 80% of your surrender value. In short, this is a perfect saving plan for individuals who are looking for a payout term immediately after the premium payment term.

ICICI Pru Cash Advantage is a diverse insurance plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

ICICI Pru Cash Advantage Plan offers you a range of benefits including:

why-choose
  • Guaranteed Monthly Cash Payout
  • Tax Benefits
  • Flexibility
  • Life cover
  • Flexible PPT 
  • Loan benefits

Eligibility Criteria for ICICI Pru Cash Advantage

Your Occupation

Entry age

Minimum Age - 30 Days Maximum Age - 60 Years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 75 years

Your Gender

Policy tenure

15 to 20 years

Maternity Benefit Rider

Premium payment term

5/10 Years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual / Half-yearly / Monthly

Maternity Benefit Rider

Sum assured

Minimum - 7 times / Maximum - 10 times the available SA

How Does the ICICI Pru Cash Advantage Plan Work?

Let's understand how the ICICI Pru Cash Advantage Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Sanchit Jain, a 30-year-old is looking for an investment plan to create long-term wealth for his child.

Solution

His financial advisor advised him to buy the ICICI Cash Advantage. He visited PolicyX.com

Let's understand how the ICICI Cash Advantage Plan works for him with a premium illustration table.

Age of policyholder Guaranteed Cash Benefit Guaranteed Maturity Benefit Bonuses  Life cover
30 years Rs.5,307 per month Rs. 5.31 lakh Rs. 10.63 lakh Rs. 10 Lakh

 

Features of ICICI Pru Cash Advantage

Here are some features of ICICI Pru Cash Advantage:

ICICI Prudential

Achieve your life goals with ICICI Pru Guaranteed Income for Tomorrow – secure savings, guaranteed returns, and financial security. ICICI Pru Gu...

Unique Features

  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits

ICICI Guaranteed Income for Tomorrow (Pros)

ICICI Guaranteed Income for Tomorrow
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Guaranteed Income for Tomorrow (Cons)

ICICI Guaranteed Income for Tomorrow
  • No pre-existing condition
  • Suicidal exclusion
  • No drug consumption

ICICI Guaranteed Income for Tomorrow (Other Benefits)

ICICI Guaranteed Income for Tomorrow
  • 4 Plan options
  • Death benefit
  • Surrender value

ICICI Guaranteed Income for Tomorrow (Eligibility Criteria)

ICICI Guaranteed Income for Tomorrow
  • Minimum entry age- 18 year
  • Maximum entry age- 60 years
  • Minimum sum assured- NA
  • Maximum sum assured- NA
  • Maximum policy term- 20 years

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the sam...

Unique Features

  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan

ICICI Pru Cash Advantage (Pros)

ICICI Pru Cash Advantage
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Pru Cash Advantage (Cons)

ICICI Pru Cash Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • Death due to aviation accident

ICICI Pru Cash Advantage (Other Benefits)

ICICI Pru Cash Advantage
  • Flexible Premium Payment
  • Death benefit
  • Surrender value

ICICI Pru Cash Advantage (Eligibility Criteria)

ICICI Pru Cash Advantage
  • Minimum entry age- 1 year
  • Maximum entry age- 60 years
  • Minimum sum assured- 7 times available SA
  • Maximum sum assured- 10 times available SA
  • Maximum policy term- 20 years

‘ A combination of savings and protection plan’. ICICI Pru Savings Suraksha is a financial plan that helps you save for future financial g...

Unique Features

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses

ICICI Prudential Savings Suraksha (Pros)

ICICI Prudential Savings Suraksha
  • Death benefits
  • Surrender benefits
  • Maturity benefits on survival

ICICI Prudential Savings Suraksha (Cons)

ICICI Prudential Savings Suraksha
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Savings Suraksha (Other Benefits)

ICICI Prudential Savings Suraksha
  • Revisionary bonus
  • Terminal bonus
  • Free-look period

ICICI Prudential Savings Suraksha (Eligibility Criteria)

ICICI Prudential Savings Suraksha
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 7 times annualized premiums
  • Maximum sum assured - 10 times annualized premiums
  • Maximum policy term- 30 years

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’. There's no harm in saving some money for the future. ...

Unique Features

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)

ICICI Assured Savings (Pros)

ICICI Assured Savings
  • Special Surrender Value
  • Guaranteed Benefits
  • Tax Benefits

ICICI Assured Savings (Cons)

ICICI Assured Savings
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Assured Savings (Other Benefits)

ICICI Assured Savings
  • Flexible premium payment
  • Loan benefit
  • Death benefit

ICICI Assured Savings (Eligibility Criteria)

ICICI Assured Savings
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 20 years

Build wealth, secure dreams: ICICI Prudential Future Perfect Plan for a brighter future. Savings alone won't make your dreams come true; you need to g...

Unique Features

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses

ICICI Prudential Future Perfect (Pros)

ICICI Prudential Future Perfect
  • Guaranteed Surrender Value
  • Revive Policy
  • Tax Benefits

ICICI Prudential Future Perfect (Cons)

ICICI Prudential Future Perfect
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Future Perfect (Other Benefits)

ICICI Prudential Future Perfect
  • Revisionary Bonus
  • Loan benefit
  • Death benefit

ICICI Prudential Future Perfect (Eligibility Criteria)

ICICI Prudential Future Perfect
  • Minimum entry age- 91 Days
  • Maximum entry age- 58 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 25 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of ICICI Pru Cash Advantage

There are various benefits to buying the ICICI Pru Cash Advantage Plan. Let’s understand each of them in detail:

  • Death Benefit: Upon the life assured’s survival till the end of the policy term, ICICI Pru cash advantage will provide a Guaranteed Maturity Benefit plus vested reversionary bonuses, if any, plus a terminal bonus, if any.
  • Maturity Benefit: The plan offers the flexibility to choose to receive the annual income under the guaranteed, lifelong, and long-term income.
  • Tax Benefits: This plan also offers tax benefits under different sections which can go up to INR 2.5 L under section 10 (10)D.

Documents Required to Buy ICICI Pru Cash Advantage 

Here is the list of documents required to buy the ICICI Cash Advantage Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy ICICI Pru Cash Advantage?

You can buy the ICICI Pru Cash Advantage official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of ICICI Pru Life Insurance.

  • Step 2

    Hover over the 'Investment Plans' from the top of the menu.

  • Step 3

    Click on the 'ICICI Cash Advantage'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the ICICI Pru Cash Advantage Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of ICICI Pru Cash Advantage Plan

  • Suicide within 12 months of policy purchase
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Conclusion

If you are looking for an investment plan that offers guaranteed returns for you and your family you must opt for ICICI Pru Cash Advantage. This plan offers guaranteed benefits.

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 Pru Cash Advantage: FAQs

1. How to purchase the ICICI Pru Cash Advantage Plan?

Visit the official website of ICICI Prudential Life Cash Advantage and click on endowment plans to find ICICI cash advantage plan.

2. What is the minimum age to purchase the ICICI Pru cash advantage plan?

1 year.

3. Can I apply for a loan against ICICI Pru cash advantage?

Yes, ICICI Pru Cash Advantage offers loan facilities to its customers.

4. What are the different cash benefits available in this plan?

Yearly/Monthly.

5. How much payout term is available in ICICI Pru cash advantage?

It is offering a 10-year payout period to its customers.

6. Can I avail myself of tax benefits for the ICICI Pru Cash Advantage Plan?

Yes, you can avail of tax benefits under sections 80C, 80D, and 10(10D).

7. Is the total maturity amount in ICICI Pru Cash Advantage tax-free?

Yes, the total maturity amount is tax-free.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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varun saxena

Written By: Varun Saxena

I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.