ICICI Pru Cash Advantage
ICICI Pru Cash Advantage
ICICI Pru Cash Advantage
This plan is highly beneficial for you as it offers you a guaranteed amount every month for 10 years, a guaranteed lump sum at maturity, along with bonuses and life cover that provides financial security to your family in case of your death.
Key Highlights:
- With this plan, you are also eligible to avail of the tax benefits as per the prevailing income tax laws of India.
- Throughout the payout term, the insured person is entitled to receive Guaranteed Cash Benefit (GCB) in advance and it can be received in monthly or annual installments.
- Once you have opted for this policy, you can also enjoy loans after the policy acquires a surrender value, which is up to 80% of the surrender value.
- Apart from these, this plan offers you maturity and death benefits as well.
Eligibility Criteria:
| Parameters | Descriptions |
| Entry age | Minimum – 0, 1, and 3 years, Maximum – 60 years |
| Annual premium | Minimum – Rs. 10,000, Rs. 18,000 and Rs. 30,000 (depends on the variables) Maximum – No upper limit |
| Premium payment option | 5 pay, 7 pay, and 10 pay |
| Premium payment term | 5, 7, and 10 years |
| Payout term | 10 years |
| Age at maturity | Minimum – 18 years, Maximum – 80 years |
| Policy term | 15. 17, and 20 years |
| Cash benefit mode | Annual or monthly |
| Premium payment mode | Annual, half-yearly, and monthly |
