ICICI Pru Savings Suraksha is a savings and protection oriented participating Life insurance plan.
This advertisement is designed for combination of Benefits of two or more individual and separate products / policies of the product named(1)
ICICI Pru Savings Suraksha. The customer has the choice of purchasing any one or more products as per his/ her need and choice and there is no
compulsion whatsoever that these products are to be taken together as suggested by the Insurer and presented in this advertisement. The
customer is expected to ask questions, understand and satisfy himself that this combination meets his/ her specific needs better before deciding
to purchase this combination. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual
products. The customer is advised to refer to the detailed sales brochure of the individual products mentioned herein.
Invest: for a limited period
Cash back: regular, tax-free*
Life is a journey which consists of many milestones like your marriage, birth of your child, child’s education, child’s
marriage, your retirement, etc. If you have enough money to achieve these milestones then life as a journey
becomes even more comfortable. Keeping this in mind, we have designed ICICI Prudential Money Back Solution.
This solution is a combination of multiple ICICI Pru Savings Suraksha plans.
This solution is a combination of multiple policies of ICICI Pru Savings Suraksha (a non-linked insurance plan; UIN: 105N135V01).
This product is also available without this combination solution and it’s not mandatory to apply for this combination only.
Key benefits of ICICI Prudential Money Back Solution
•
•
Tax Free* Payout: Get regular tax free* payouts to fund your milestones
Protection: Secure your family’s future with the help of Life Cover
ICICI Prudential Money Back Solution, at a glance
7 PAY
10 PAY
Minimum
Annual Premium
` 54,000 for Payout Term of 3 years
` 90,000 for Payout Term of 5 years
` 36,000 for Payout Term of 3 years
` 60,000 for Payout Term of 5 years
Maximum
Annual Premium
Unlimited
Min/ Max
Age at Entry
0 / 50 years
Min/ Max
Age at Maturity
Depends on the Payout Term
Sum Assured
10 times of Annual premium
Payout Options
•
•
You can chose to receive payouts 3 or 5 times during the term.
The payouts can be received every year or alternate years (depending on payout term selected).
How does this solution work
ICICI Prudential Money Back Solution is designed using multiple ICICI Pru Savings Suraksha plans.
Let's see how this solution works with an example:
Mr. Amar, Age 35 years, wants to save ` 90,000 p.a. to fund his milestones. Let’s see how this solution
will help him.
What he pays:
He will purchase 5 ICICI Pru Savings Suraksha plans and pay a consolidated premium of ` 90,000.
His money will get systematically invested as mentioned below:
Product Name
Policy
Term
Premium
Payment
Term
Premium
Payment
Mode
Annual
Premium
Sum Assured
ICICI Pru
Savings Suraksha
12
13
14
15
16
7
7
7
7
7
Yearly
Yearly
Yearly
Yearly
Yearly
` 18,000
` 18,000
` 18,000
` 18,000
` 18,000
` 1,80,000
` 1,80,000
` 1,80,000
` 1,80,000
` 1,80,000
What he gets:
On Survival:
• Tax Free* Payouts: At the end of his chosen term, he will receive a lump sum every year or alternate
years, amounting to the entire Maturity Benefit of multiple ICICI Pru Savings Suraksha policies.
On Death:
• Death Benefit: In the unfortunate event of his death within the policy term, his family will receive the
Death Benefits of the ICICI Pru Savings Suraksha plans in force.
Please refer to the illustration below for understanding the components of the benefits.
Policy Year
Annualized Premium
Projected Benefit @8%
Projected Benefit @4%
1
` 90,000
0
0
2
` 90,000
0
0
3
` 90,000
0
0
4
` 90,000
0
0
5
` 90,000
0
0
6
` 90,000
0
0
7
` 90,000
0
0
8
0
0
0
9
0
0
0
10
0
0
0
11
0
0
0
12
0
` 1,81,345
` 1,39,213
13
0
` 1,92,861
` 1,43,456
14
0
` 2,05,178
` 1,47,828
15
0
` 2,18,360
` 1,52,338
16
0
` 2,32,479
` 1,56,991
Tax benefits on premiums paid and benefits received will be applicable as per the prevailing tax laws. If your policy offers
guaranteed returns, then these will be clearly marked "guaranteed" in the Benefit Illustration. Since your policy offers variable
returns, the given illustration shows two different rates (4% & 8% p.a.) of assumed future investment returns. The returns shown
above are not guaranteed and they are not the upper or lower limits of what you might get back, as the maturity value of your
policy depends on a number of factors including future investment performance. The above information must be read in
conjunction with the sales brochure and policy documents.
Terms and Conditions
1. This combination solution comprises a set of policies across one or more products of the Company.
These products are also available individually with the Company and it is not mandatory for the customer
to apply for this combination only. Please go through the individual benefit illustrations of the products
that you have to purchase at inception of the solution.
2. This is not a product brochure. Please go through the product brochure of ICICI Pru Savings Suraksha
(UIN: 105L135V01) to understand the risk factors, product terms & conditions as briefly indicated below:
• ICICI Pru Savings Suraksha: Reversionary Bonus, Terminal Bonus, Premium Discontinuance,
Surrender, Policy Revival, Death Benefit, Maturity Benefit, Guaranteed Maturity Benefit, etc.
3. For the purpose of illustration, we have assumed different rates of investment returns. The returns shown
in the illustration are not guaranteed and they are not the upper or lower limits of what you might get
back, as the value of the policy depends on a number of factors including future investment performance.
4. The benefit of this combination solution shall accrue only if the customer continues to pay premiums for
the entire premium payment term.
5. The benefits available under this combination solution shall be as per the policy terms and conditions of
the respective products.
6. The premium shall comprise of base premium, service tax and education cess, as per applicable rates.
Please refer Benefit Illustration for the details of the actual premium amount.
* Returns are tax free subject to conditions as per section 10(10D) of Income Tax Act, 1961.
For more details, please contact:
ICICI Prudential Money Back Solution is designed using ICICI Pru Savings Suraksha.
This product is also available without this combination solution and it’s not mandatory to apply for this combination only.
ICICI Prudential Life Insurance Company Limited. IRDA Regn. No. 105. CIN: U66010MH2000PLC127837.
© 2014, ICICI Prudential Life Insurance Co. Ltd., Registered Address: ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi,
Mumbai - 400025. Insurance is the subject matter of the solicitation. Tax benefits are subject to conditions specified under section 80C and
10(10D) of the Income Tax Act, 1961 and are subject to amendments from time to time. For more details on the risk factors, terms and
conditions, please read sales brochure carefully before concluding the sale. ICICI Pru Savings Suraksha, UIN - 105L135V01.
Advt. No.: L/II/425/2014-15.
Call us on 1-860-266-7766 (10:00 a.m. - 7:00 p.m., Monday to Saturday, except national holidays. Valid only for calls made from India).
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