Key Benefits of Life Insurance

Life insurance, especially tailored to meet your financial need\

Need for Life Insurance
Today, there is no shortage of investment options for a person to choose from. Modern day i
Let us look at these unique benefits of life insurance in detail.
Asset Protection
From an investor's point of view, an investment can play two roles - asset appreciation or
The core benefit of life insurance is that the financial interests of one s family remain p
Goal based savings
Each of us has some goals in life for which we need to save. For a young, newly married cou
Clearly, as your life stage and therefore your financial goals change, the instrument in wh
should offer corresponding benefits pertinent to the new life stage.
Life insurance is the only investment option that offers specific products tailormade for d
The table below gives a general guide to the plans that are appropriate for different life
Life Stage
Primary Need
Life Insurance Product
Young & Single
Asset creation
Wealth creation plans
Young & Just married
Asset creation & protection
Wealth creation and mortgage protection plans
Married with kids
Children's education, Asset creation and protection
Education insurance, mortgage protection & wealth creation plans
Middle aged with grown up kids
Planning for retirement & asset protection
Retirement solutions & mortgage protection
Across all life-stages
Health plans Health Insurance
To find out, which ICICI Prudential plan will best suit your requirements, play the Wheel
types of insurenc:-
Life Insurance | Health Insurance | Retirement | Tax Planning | Group Insurance | Pensions
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What is Life Insurance?
Life insurance ensures that your family will receive financial support in your absence. Put
In addition to serving as a protective cover, life insurance acts as a flexible money-savin
Life insurance also triples up as an ideal tax-saving scheme. To know more, read the Key Be
Human Life Value

What is your Human Life Value?

Beyond all doubt, your life is invaluable. Yet, there is a certain worth that can be attrib

Why should you calculate your Human Life Value?

You should calculate your Human Life Value so you can accordingly invest in insurance plans
How do you determine your Human Life Value?

Your Human Life Value is determined by 3 factors:

1. Your age
2. Current and future expenses
3. Current and future income
As a thumb rule, if you are 30 years of age, you should insure yourself for an amount appro

Calculate your Human Life Value NOW

Use our quick and easy Human Life Value Calculator to determine your Human Life Value and t
Life Stage Profiler

All through your life, several significant events the birth of your child, moving to a larg

Life insurance is an effective tool that assists you to plan for your future such that you

Our special tool, the Life Stage Profiler, assists you to plan for a secure financial futur

Which important goals should you plan for in advance?

1) Your family's protection - so that your loved ones are secure should an unfortunate even

2) Child's education: As parent, your primary responsibility is to ensure your children's f

3) Savings: Savings plans allow you to steadily save towards a pre-decided goal in a secure

4) Retirement: Retirement plans help you secure regular income for your retired life. Durin

5) Health: An integral part for financial planning is protecting oneself against any medica
ICICI Prudential offers 3 comprehensive benefit-based products that cover major critical il
Types of Insurance Plans - Traditional or Unit Linked (ULIP: Unit Linked Insurance Plan)

Insurance Plans - At a glance

Broadly, insurance plans can be distinctly divided into ULIP (Unit Linked Insurance Plans)

ULIPs (Unit Linked Insurance Plans)

ULIPs, or Unit Linked Insurance Plans, have gained high acceptance due to the attractive fe

Flexibility

A ULIP offers the customer an acute degree of flexibility: the flexibility to choose the Su

Transparency

ULIPS offer a high degree of transparency, where all charges in the plan as well as the ent

Liquidity

A ULIP offers you the option of withdrawing money a few years into the plan, allowing for t

Fund Options

A ULIP will offer you a wide choice of funds, ranging through equity, debt, cash, or a comb

Traditional Plans

These are the oldest types of insurance plans available. These plans cater to customers wit

Steady Investment
Major chunk of investible funds are in debt instruments.
Steady and almost assured returns over the long term.
Features
Death benefit is Sum Assured + guaranteed & vested bonus.
Helps in asset creation as they are for a long tenure.
Premium to Sum Assured ratios are fixed for each plan and age.
Generally withdrawals are not allowed before maturity.
Life Insurance Plans

Life insurance products assure your family will receive financial support, even in your abs

In addition to serving as a protective cover, when you buy insurance you create a flexible

Today, there is no shortage of investment options for a person to choose from. Given the pl

From an investor's point of view, an investment can play two roles - asset appreciation or

When you buy life insurance online the core benefit is that the financial interests of one

As your life stage and therefore your financial goals change, the instrument in which you i

On the basis of which life stage you are in and the corresponding insurance needs, ICICI Pr
Education Insurance Plans
Wealth Creation Plans
Protection Plans
Education Insurance Plans

One of your most important responsibilities as a parent is to ensure that your child gets t

ICICI Prudential offers a wide portfolio of education insurance plans that are designed to

Importantly, education insurance plans ensure that in the unfortunate event of the death of
Under the education insurance plans platform, ICICI Prudential brings the following product

Plan Name

Plan Type

ICICI Pru SmartKid Assure

ICICI Pru SmartKid Maxima

ICICI Pru SmartKid Regular Premium

Unit Linked

Unit Linked

Traditional

Wealth Creation Plans

Wealth Creation Plans give the customer the dual benefit of protection along with the poten

Under the wealth creation platform, ICICI Prudential brings the following products to you.

Plan Name
 Plan Type

ICICI Pru ACE

ICICI Pru Premier Wealth

ICICI Pru Assure Wealth

ICICI Pru LifeTime Maxima

ICICI Pru Pinnacle

Unit Linked

Unit Linked

Unit Linked

Unit Linked

Unit Linked
Protection Plans

The sole objective of these plans, as their name indicates, is to serve the protection need

Under the Protection Plans platform, ICICI Prudential brings to you the following products:

Plan Name

Plan Type

Pure Protect

LifeGuard

Save'n'Protect

CashBak

Home Assure

Traditional

Traditional

Traditional
Traditional

Traditional

Protection Plans

The sole objective of these plans, as their name indicates, is to serve the protection need

Under the Protection Plans platform, ICICI Prudential brings to you the following products:

Plan Name

Plan Type

Pure Protect

LifeGuard

Save'n'Protect

CashBak

Home Assure
Traditional

Traditional

Traditional

Traditional

Traditional