ICICI Pru GIFT Pro

ICICI Pru GIFT Pro, a protection and savings-oriented life insurance plan which helps you build a safety net to provide financial protection to your family along with guaranteed2 benefits. With ICICI Pru GIFT Pro, you can achieve your life goals like a PRO.Read More

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Disclaimer

1. Life Insurance Cover is the benefit payable on death of the Life Assured during the policy term

2. Guaranteed Benefits will be payable subject to all due premiums being paid

3. You can choose to receive any percentage from 0% to 100% of the sum total of all annualized premiums payable by you as MoneyBack Benefit. This will be paid as a Lump sum amount. Additionally, you also have the flexibilty to choose any year, on or after the maturity date of the policy up to the last income year, to receive this MoneyBack Benefit. Your Guaranteed Income amount will be adjusted based on the MoneyBack Benefit % and payout year selected by you

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4. If you opt for “Low Cover Income Booster” the sum assured on death will be lower and your guaranteed income will be increased

5. You have an option to receive GI every year on a Special Date of your choice preceding the due date of first GI pay-out during the Income Period. The Special date can be chosen to coincide with any date such as, Date of Maturity, birth date or anniversary date etc. Payment of GI will commence from this Special Date and all further GIs will be paid every year on this Special Date chosen. In case You opt for a Special Date, the GI payable each year would be adjusted by multiplying the GI amount with a discount loading factor, varying by the policy month in which the Special Date falls

6. Tax benefits under the policy are subject to conditions under provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for more detailsRead Less