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Different ULIP schemes of ICICI Prudential Life Insurance are discussed in this section.

ICICI Prudential Lifestage Pension Advantage

ICICI Prudential Guaranteed Savings Plan

Maturity benefit: On survival of the life assured till the maturity date, the sum assured stated in the schedule of benefits, plus any attaching bonuses plus interim and terminal bonus(if any) is payable on the Maturity date of this benefit specified therein, . Upon payment the policy terminates and no further benefits are payable.

Death benefit:On death of the life assured before the expiry date of this benefit, the sum assured stated in the schedule of benefits, plus any attaching bonuses plus interim and terminal bonus(if any) is payable on the Maturity date of this benefit specified therein. Upon payment the policy terminates and no further benefits are payable.

Level of the sum assured cannot be increased or decreased by the policyholder anytime during the policy term

The premium paying term cannot be increased or decreased by the policyholder anytime during the policy term

The policy term cannot be increased or decreased by the policyholder anytime during the policy term