KFD New17082022140700359 E28
KFD New17082022140700359 E28
KFD New17082022140700359 E28
with
Hi ,
Congratulations on taking the first step of
securing future of your loved ones with guaranteed
lump sum amount and a life insurance cover.
You pay
Monthly premium ` 6,000/-
for 10 years.
29 years / Male
Aug 17, 2022 Jul 17, 2032
You get:
*This is the minimum life insurance cover available under the product
The dates mentioned in the illustration throughout the document are only indicative.
Tax benefits as per prevailing tax laws.
Detailed break-up of premium amount
Instalment Premium
` 6,000/- ` 271/- ` 6,271/- Section 80C
for 1st year
Instalment Premium
` 6,000/- ` 136/- ` 6,136/- Section 80C
from 2nd year onwards
Tax Saving
Get tax benefits on premium
paid & benefits
ICICI Prudential Life Insurance Company. IRDAI Regn No. 105. CIN:L66010MH2000PLC127837.
ICICI Prudential Life Insurance Company Limited. Registered Address:1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. ICICI Pru Guaranteed
Income For Tomorrow UIN: 105N182V05. For more details on the risk factors, term & conditions please read the policy document.
Benefit Illustration of ICICI Pru Guaranteed Income For Date: 17-Aug-2022 14:07:00
Tomorrow
Name of the Policyholder : Mr. Name of the Product : ICICI Pru Guaranteed Income
For Tomorrow
Age of the Policyholder : 16-Aug-1993 (29 years) Tag Line : A Non-Linked Non-Participating
Life Individual Savings Product
Gender of the Policyholder : MALE
Name of the Life Assured : Mr. Unique Identification No. : 105N182V05
Age of the Life Assured : 16-Aug-1993 (29 years) GST Rate for Year 1 : 4.5%
Gender of the Life Assured : MALE GST Rate For Year 2 Onwards : 2.25%
Policy Term : 20 Years Sales Channel : BOL
Premium Payment Term : 10 Years
Amount of Instalment Premium : Rs. 6,000/-
Frequency of Premium Payment : Monthly
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy
Policy Details
Policy Option (Plan Option Lump-Sum Sum Assured on Maturity Rs. (Lump sum that will be paid on policy Rs. 1,567,426
selected by You) maturity) :
Sum Assured on Death (at Rs. 720,000
inception of the policy) :
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST and Cesses, if any Rs. 6,000/- - Rs. 6,000/-
Instalment Premium with first year GST and Cesses, if any Rs. 6,271/- - Rs. 6,271/-
Instalment Premium with GST and Cesses, if any 2nd year onwards Rs. 6,136/- - Rs. 6,136/-
Note: Annualised Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any,
Goods and Service Tax and Cesses, if any.
Disclaimers
===========
1. ICICI Pru Guaranteed Income For Tomorrow is a savings and protection oriented plan.
2. ICICI Pru Guaranteed Income For Tomorrow - is only the name of the policy and does not in any way indicate the
quality of the policy, its future prospects or returns. However, in the above illustration, total maturity amount and death
benefit are guaranteed.
3. The above illustration is applicable to a standard life (from medical, life style and occupation point of view).
4. The main objective of the illustration is that the policyholder is able to understand the features of the product and the
nature of benefits under different circumstances with some level of quantification.
5. The policy will acquire a surrender value after payment of two full years' premium for Limited Pay policies and
immediately after payment of single premium for Single Pay policies. The surrender value payable will be Guaranteed
Surrender Value, if any, at the point of surrender or Special Surrender Value, whichever is higher. The displayed
Special Surrender Values are not guaranteed and only indicative. These may change from time to time. The
policyholder is advised to check the Special surrender value payable with the company before surrendering.
6. The surrender values are illustrated assuming that all due premiums in a policy year are paid and that the event
occurs at the end of the policy year. The surrender values will be lower than those illustrated above if surrender takes
place before the end of the policy year or if all due premiums in that policy year have not been paid.
7. All benefits shown in Benefit Summary are payable at the end of the year.
8. The loan amount available will be 80% of the surrender value.
9. In case of any conflict between this benefit illustration and your policy document, the latter shall prevail.
10. The above information must be read in conjunction with the sales brochure and policy document.
11. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek
professional advice for applicability of tax benefit on premiums paid and benefits received.
12. Goods and Service Tax and Cesses, if any, shown above will be charged extra as per applicable rates. Tax laws are
subject to amendments from time to time.
13. For any further clarifications, please feel free to contact your advisor / FSC or e-mail us on [email protected]