ICICI Pru Whole Life provides you with a unique double advantage of savings and protection that not only allows you to meet your goals but also seeks to ensure that your dear ones will continue to live their lives in comfort without financial doubts in case of unexpected eventuality.
Eligibility -
| Term | Whole Life |
| Min / Max age at entry | 0 / 60 years |
| Min / Max age at end of premium paying term | 30 / 70 years |
| Min / Max premium paying term | 10 / 30 years |
| Min Sum Assured | Rs. 1,00,000 |
| Min premium | Rs. 6,000 per annum |
| Premium paying modes | Yearly, Half Yearly or Monthly |
| Grace Period | 15 days for monthly mode, 30 days for yearly and half yearly modes |
Features & Benefits –
Triple advantage of ICICI Pru Whole Life
1. Survival benefit: Create a corpus to meet your preferred goal at the end of a chosen premium paying term. You are entitled to the chosen Sum Assured and all the bonuses declared, if any, during the premium paying term.
2. Life cover benefit: In case of your unfortunate demise during your premium paying years, your family would receive twice the Sum Assured along with all bonuses accumulated throughout the premium paying term of the policy.
3. Whole life cover benefit: You are also entitled to an additional Sum Assured payable in case death occurs after the completion of the premium paying term or on completion of 100 years of age, whichever is earlier, allowing you to leave a legacy to your dear ones.
Key features of the plan:
- Life cover of double Sum Assured and vested reversionary bonuses, if any, during the premium paying term.
- Wealth creation through regular bonus additions declared at the end of each financial year.
- Survival benefit of Sum Assured plus vested reversionary bonuses and terminal bonus, if any, at the end of the premium paying term.
- Additional life cover for the selected Sum Assured post premium payment term, for whole life.
- Enhanced coverage through riders – Accident and Disability Benefit Rider, Critical Illness Rider and an Income Benefit Rider.
- Avail of tax benefits on the premium paid and benefits received under the policy, as per the prevailing Income Tax laws. Service tax and education cess will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time.
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