ICICI Pru Future Perfect

ICICI Pru
Future Perfect Endowment Plan
A Non-Linked Savings Insurance Plan

Why is ICICI Pru Future Perfect Endowment Plan special?

Savings with the comfort of guarantee
ICICI Pru Future Perfect grows your wealth with the promise of protecting your money. This is done through two guaranteed features in the plan called Guaranteed Additions (GA) and Guaranteed Maturity Benefit (GMB). At the end of the policy term, you receive a sum that includes Guaranteed Maturity Benefit (GMB), Guaranteed additions (GA) and additional bonuses declared by the company, if any. Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force on the date of maturity.

What are Guaranteed Additions?
Guaranteed Additions (GAs) are additional benefit that will be added throughout the policy term, if all premiums due till that year are paid. GAs as a percentage of annualized premium is set out in the following table:



Secure your loved ones even in your absence
ICICI Pru Future Perfect provides you and your family all-round protection. In case of an unfortunate event during the policy term, your family receives a lump sum amount. This amount ensures that even in your absence, your loved ones are able to live the life you planned for them.

How much money will my family receive in my absence?
Your family will receive the higher of:

1. A fixed Sum Assured including Guaranteed Additions and Bonuses*

2. Guaranteed Maturity Benefit including Guaranteed Additions and Bonuses*

3. Minimum Life Cover that is equal to 105% of sum of premiums paid till date **

*Consists of vested reversionary bonuses, interim bonus and terminal bonus, if any.
.
**Including extra Mortality Premiums and excluding taxes. The cost of providing a Life Cover under the policy is called Mortality Premium.

Tax benefits
With this plan, you can reduce your taxable income by investing up to Rs. 1.5 lakh under Section 80C. This will help you save tax. The money you get on maturity or death is also completely tax-free*.

*Tax benefits under the policy are subject to conditions under Section 80C, 10(10D) and other provisions of the Income Tax Act, 1961. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time.

Product Snapshot
In our day to day lives, we strive towards achieving our goals: purchasing a flat, securing our children's future needs, dream vacation in an exotic location and living peacefully after retirement. We bring you an ideal savings and protection oriented plan, ICICI Pru Future Perfect to help you fulfill these goals.

ICICI Pru Future Perfect gives you the dual assurances of guaranteed benefits and life cover, while complementing your investment corpus with bonuses that offers potentially higher returns. You have the flexibility to choose a premium payment option based on your needs.

Product Information

Five Pay

How much premium can I pay?
You need to pay a minimum of Rs. 40,000 per year.

Can I pay the premiums yearly, half-yearly or monthly?
Yes, you can choose to pay your premiums yearly, half-yearly or monthly.

How long does the policy last?
The policy can continue from 10 to 15 years*.

At what age can I start this plan?
The minimum age of the Life Assured is 3 years and the maximum age should not be more than 45 years.

How old should I be when the plan reaches maturity?
The minimum age of the Life Assured at policy maturity should be 18 years. But, the maximum age should not exceed 60 years.

Seven Pay

How much premium can I pay?
You need to pay a minimum of Rs. 18,000 per year.

Can I pay the premiums yearly, half-yearly or monthly?
Yes, you can choose to pay your premiums yearly, half-yearly or monthly.

How long does the policy last?
The policy can continue from 12 to 17 years*.

At what age can I start this plan?
The minimum age of the Life Assured is 1 year and the maximum age should not be more than 58 years.

How old should I be when the plan reaches maturity?
The minimum age of the Life Assured at policy maturity should be 18 years. But, the maximum age should not exceed 70 years.

Ten Pay

How much premium can I pay?
You need to pay a minimum of Rs. 12,000 per year.

Can I pay the premiums yearly, half-yearly or monthly?
Yes, you can choose to pay your premiums yearly, half-yearly or monthly.

How long does the policy last?
The policy can continue from 15 to 20 years*.

At what age can I start this plan?
The minimum age of the Life Assured is 90 days and the maximum age should not be more than 55 years.

How old should I be when the plan reaches maturity?
The minimum age of the Life Assured at policy maturity should be 18 years. But, the maximum age should not exceed 70 years.

Fifteen Pay

How much premium can I pay?
You need to pay a minimum of Rs. 9,600 per year.

Can I pay the premiums yearly, half-yearly or monthly?
You can choose to pay your premiums yearly, half-yearly or monthly.

How long does the policy last?
The policy can continue from 20 to 25 years*.

At what age can I start this plan?
The minimum age of the Life Assured is 90 days and the maximum age should not be more than 50 years.

How old should I be when the plan reaches maturity?
The minimum age of the Life Assured at policy maturity should be 18 years. But, the maximum age should not exceed 70 years.

Twenty Pay

How much premium can I pay?
You need to pay a minimum of Rs. 8,400 per year.

Can I pay the premiums yearly, half-yearly or monthly?
Yes, you can choose to pay your premiums yearly, half-yearly or monthly.

How long does the policy last?
The policy can continue from 25 to 30 years*.

At what age can I start this plan?
The minimum age of the Life Assured is 90 days and the maximum age should not be more than 45 years.

How old should I be when the plan reaches maturity?
The minimum age of the Life Assured at policy maturity should be 18 years. But, the maximum age should not exceed 70 years.

Benefit Illustrator