Buy ICICI Pru Guaranteed Wealth Protector - ULIP Policy

Product Features

Protect your savings from market downturns through an Assured Benefit*
Invest your savings in a mix of equity and debt funds to get returns and safeguard your money against market volatility
Get rewarded with loyalty additions and wealth boosters for staying invested in the policy for longer duration.
Flexibility to pay premium either at once or for limited period of 5 or 7years.
Get a life cover to financially protect your loved ones in your absence.
Tax benefit on premium paid u/s 80C and benefits received subject to section 10(10D) of the Income Tax Act, 1961

How this plan works

Rahul is a 35-year-old, healthy male who works as a marketing professional. He wants to invest his savings smartly in order to earn high returns and fulfil his long-term family goals. Rahul also wants to protect his family against any uncertainties in his absence.

ICICI Pru Guaranteed Wealth Protector

Annual Premium: INR 1,00,000
Policy Term: 12 years
Premium Payment Term:7 years
Assured Benefit at maturity: ₹ 7,07,000
Life cover: INR 10,00,000
Mode of premium payment: Annual

At the age of 47, Rahul will receive:

	*Returns @ 4% ARR p.a.**	*Returns @ 8% ARR p.a.**
Fund Value at Maturity including Loyalty Additions and Wealth Booster	INR 7,75,479	INR 1,101,621

*ARR stands for Assumed Rate of Return

The above are illustrative maturity values, net of all charges, Goods & service tax and education cess. The above illustrative maturity values do not apply if the policy is bought directly from the Company's website. Since your policy offers variable returns, the given illustration shows different rates of assumed future investment returns. The returns shown in the benefit illustration are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy depends on a number of factors including future investment performance.

Disclaimers

Unit Linked products are different from traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/ her decisions. ICICI Prudential Life Insurance is only the name of the Life Insurance Company and ICICI Pru Guaranteed Wealth Protector is only the name of the unit linked insurance product and does not in any way indicate the quality of the product, its future prospects and returns.
*On Maturity, you will receive higher of Assured Benefit or fund value. Assured Benefit will be 101% of total premium paid which is applicable only on maturity of the policy and does not apply on death or surrender.
The Maximum equity exposure in this plan will be 60% or 45% depending on your age at entry. Over the time period, allocation to the equity will gradually decrease in order to provide capital protection.
Loyalty Additions will be allocated as extra units at the end of every policy year, starting from the end of the sixth policy year, provided monies are not in DP Fund. Each Loyalty Addition will be equal to 0.25% of the average of the Fund Values on the last business day of the last eight policy quarters.
A Wealth Booster will be allocated as extra units at the end of the tenth policy year. Wealth Booster will be a percentage of the average of the Fund Values on the last business day of the last eight policy quarters. The Wealth Booster percentage would be 1.50% for Single Pay and 3.25% for 5 Pay and 7 Pay.
Life Cover is the benefit payable on death of the life assured during the policy term.
Tax benefits under the policy are subject to conditions under Section 80C, 80D, 10(10D) and other 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 details, before acting on above.
Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the Insurance Company.
The various funds offered under this product are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

ICICI Prudential Life Insurance Company Limited All rights reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Tel.: 40391600. Customer helpline number - 1860 266 7766. Timings – 10:00 A.M. to 7:00 P.M., Monday to Saturday (except national holidays). Member of the Life Insurance Council. For more details on the risk factors, term and conditions please read the product brochure carefully before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license ICICI Pru Guaranteed Wealth Protector: 105L143V02. Unit Linked Non Participating Life Insurance Plan Advt. No.: W/II/3322/2021-22. To know more, please visit www.iciciprulife.com.

The insurance products offered here are underwritten by ICICI Prudential Life Insurance Company Limited.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Insurance is the subject matter of solicitation. AU Small Finance Bank Limited ("AU Bank") with registered office at 19-A, Dhuleshwar Garden, Ajmer Road,Jaipur- 302001, Rajasthan (CIN: L36911RJ1996PLC011381) is a corporate agent (Composite, IRDAI Reg No.: CA0515 valid till 30/08/2023) of ICICI Prulife. The purchase by AU Bank’s customer of any insurance products offered by ICICI Prulife is purely on voluntary basis and the policy is not a linked product of any other facility offered by AU Bank. Tel.: 1800 1200 1200 / 1800 26 66677.