ICICI Pru Signature (Online)

ICICI Pru Signature (Online)
Select our New
savings plan with life cover

Plan that is designed just for preferred customers like you.
Introducing ICICI Pru Signature, our newest ULIP that offers life insurance and flexible investment options in one plan. It is a special savings plan that can give you better returns while it shields your loved ones with life cover

Your entire premium is allocated among the funds of your choice without any deductions along with Return of Mortality and Policy Administration Charges at maturity (exclusively for customers buying online). With choice of 4 portfolio strategies and wide range of funds, this plan gives you abundant flexibility to invest as per your needs.

8 BENEFITS OF ICICI PRU SIGNATURE

1. Financial Protection
Life Cover for the entire policy term so that your family is financially secured even in your absence.

2. Low Charges
Entire premium without any deductions is invested in the funds along with return of mortality and policy administration charges at maturity1.

3. Loyalty Rewards
Get rewarded with Wealth Boosters2 at regular intervals by just staying invested in the plan.

4. Whole Life Cover
Enjoy policy benefits till 99 years of age with Whole Life option.

5. Abundant Flexibility
Choice of 4 portfolio strategies and wide range of funds across equity, balanced and debt to suit your investment needs.

6. Unlimited Free Switches
Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost.

7. Systematic Withdrawals
Option to get regular money from your fund value with Systematic Withdrawal Plan3.

8. Tax Benefits4
You may receive tax free maturity amount under Sec 10(10D) and tax rebate on premium paid under Sec 80 C.

4 SIMPLE STEPS TO BUY ONLINE

1. Choose Premium Amount
Use our online calculator to decide your premium amount and policy term.

2. Select Funds/Strategy
Choose where your money will be invested from 13 funds (equity, debt and balanced) and from 4 portfolio strategies.

3. Make Payment
You can make the payment anytime, anywhere through our website.

4. Plan Issued
Your plan is issued after your details and documents are verified.

HOW IT WORKS

45-year old Sumit, a director in a bluechip company, purchased ICICI Pru Signature to grow wealth, secure family's future and achieve cherished goals. He selected a premium payment term of 7 years with Whole Life option and paid a monthly premium of Rs. 25,000, giving him a sum assured of Rs. 30 lakh.



THINGS YOU NEED TO KNOW

Why should you buy a ULIP at an early age?
When you are young, you are free from liabilities in terms of dependents and hence, you have the potential to take higher risk to get better returns. The earlier you start investing in a ULIP, the sooner you can achieve your financial goals.

What is the minimum and maximum entry age for this plan?
There is no minimum age for buying this plan. The maximum age limit is 60 years.

What is the minimum and maximum policy term I can select?
You can select a policy term minimum up to 10 years and maximum up to 30 years. For Whole Life option, the policy term will be equal to 99 minus age of entry i.e. if you are 30 years old and choose Whole Life option, the policy term you will get will be 99 - 30 = 69 years.

What are the premium payment modes for this plan?
The premium payment modes available with this plan are Yearly, Half-Yearly and Monthly.

What are the premium payment terms available with this plan?
Premium payment terms:

1. For Limited Pay it is 5 years, 7 years and 10 years.

2. For Regular Pay it same as the policy term.

3. For Whole Life-Limited pay option, it is 7 years, 10 years and 15 years.

What is the minimum and maximum premium for this plan?
Minimum premium for this plan is Rs. 30,000 and maximum is unlimited. For whole life policy term, minimum premium is Rs. 60,000 and maximum is unlimited.

What is Systematic Withdrawal Plan(SWP)?
SWP allows you to withdraw a pre-determined percentage of your fund value regularly. This can help you to meet specific needs such as child's education or money for day-to-day expenses during retirement.

When can I do partial withdrawals?
Partial withdrawals are allowed only after the first five policy years and on payment of all premiums for the first five policy years.

What is the age eligibility to do partial withdrawals?
Partial withdrawals are allowed only if the Life Assured is at least 18 years of age.

What are the tax benefits under this policy?
You can avail tax benefits on the premiums you pay towards this plan and the benefit you receive subject to conditions under section 80C,10(10D) & other provisions of the Income Tax Act, 1961.

PERFORMANCE OF FUNDS