ICICI Pru Protect N Gain

ICICI Pru Protect N Gain is a protection-oriented, unit-linked savings life insurance plan, designed to fulfil your long-term goals. This plan is a one-stop solution for your Insurance and Investment needs, which can help you live stress-free and protect your family’s life goals, no matter what!Read More

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Disclaimer

Life cover is the benefit payable on death of the life assured during the policy term. Death Benefit will be highest of:

• Sum Assured, including Top-up Sum Assured, if any
• 105% of the total premiums paid
• Fund Value including the Top-up Fund Value, if any

For the Life variant, starting from the 11th policy year, you will receive 2X/4X of return of mortality and 2X of premium allocation charges (excluding taxes), at the beginning of each month, till the end of the policy term.

At policy maturity, an addition, known as Maturity Booster in the form of extra units (Units mean a specific portion or part of the Unit Linked Fund(s) in which you have saved your money) will be made to boost your Fund Value. This Maturity Booster will be equal to 20% percentage of the average of the Fund Values including Top-up Fund Value, if any, on the last business day of the last eight policy quarters.
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Switches are only applicable for fixed portfolio strategy and not applicable for other portfolio strategies.

Under Life option: From the 11th policy year, 2 times the premium allocation charges deducted 120 months earlier will be added back to the fund value as additional units, in the same manner and frequency as they were deducted. Starting from the 11th policy year, at the beginning of each policy month until the end of the 25th policy year, 2 times the mortality charges deducted 120 months earlier will be added back to the fund value as additional units. From the 26th policy year onwards, 4 times those mortality charges will be added back in the corresponding manner.

Under Growth option: From the 11th policy year, the premium allocation charges deducted 120 months earlier will be added back to the fund value as additional units, in the same manner and frequency as they were deducted. Starting from the 11th policy year, at the beginning of each policy month until the end of the 25th policy year, the mortality charges deducted 120 months earlier will be added back to the fund value as additional units. From the 26th policy year onwards, 2.5 times those mortality charges will be added back in the corresponding manner.

Past performance is not indicative of future performance.

Systematic Withdrawal Plan is allowed only after the first five policy years.Read Less