Introducing

A training presentation
New updates
Clause Details Remarks
Assured benefit Absolute amount non zero Minimum guarantee
on vesting return to be return of
premium
Death benefit At least the same guaranteed Guaranteed death
rate of return as Assured benefit to be
benefit applicable
Policyholder Commute up to extent Mandatory
options at allowed under Income Tax Act annuitisation on
vesting or and purchase Immediate vesting or
surrender Annuity with the remaining surrender.
amount
Purchase single premium
deferred pension product
Postponement of vesting
Annuity from same insurer

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Pension Guidelines
Clause Details Remarks
Options for Purchase Immediate Annuity
nominee on Withdraw entire proceeds
death of
policyholder
Sales literature Illustrative target purchase Sales literature and
and benefit price and likely annuity EBI illustrations
illustration amounts at 8% and 4% provided at 8% and
4% instead of 10%
and 6%.

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Key benefits

Equity Build
Build your
your retirement
retirement corpus
corpus
Equity participation
participation through
through equity
equity participation
participation

Protect
Protect your
your savings
savings from
from
Assured
Assured Benefit
Benefit market
market downturns
downturns through
through
Assured
Assured Benefit
Benefit
Multiple
Multiple investment
investment Invest
Invest according
according to
to your
yourrisk
risk
options
options appetite
appetite

Guaranteed Get
Get income
income for
for life
life for
for self
self and
and
Guaranteed lifetime
lifetime spouse
income
income spouse using
using the
the retirement
retirement
corpus
corpus
Limited
Limited premium
premium Pay
Pay premiums
premiums only
only forfor 55 or
or 10
10
payment
payment term
term years
years

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
How does the plan work?
Choose premium payment option & policy term
Premium payment PPT Policy Term
option
Five Pay 5 10, 15, 20, 25,
30
Ten Pay 10 20, 25, 30
Choose investment option as per your risk appetite
Aggressive, Moderate or Conservative
Assured Benefit is calculated based on PPT, policy
term, investment option and annual premium
Vesting benefit = Max (Assured Benefit, Fund Value)
Death benefit = Max (Guaranteed Death Benefit,
Fund Value)

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Assured benefit & equity
participation
Premiums will be invested in the following funds:
% % Risk-
TheName
Fund allocation between these two (Mi
Asset Allocation funds
(MawillReward
be
determined by us based on yourn) investmentx) Profile
Pension Growth
option, premiumEquity & Equityoption
payment Related and75%
policy term.
100%
Fund Securities High
0% 25%
Debt, Money Market & Cash
Pension
To Securethe accumulated
protect savings, 100
Debt Instruments, it is 100%
expected
Low
Fund Money Market & Cash %
that as the policy nears maturity, a greater
proportion of investment will be allocated to the
Pension Secure Fund.

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Assured benefit & equity
participation
Policy term
Five Pay Investment
Details
option 10 15 20 25 30

Assured Benefit 101 101 101 101

101%
Aggressive Factor % % % %
Max exposure to PGF 65% 65% 75% 75% 75%
Assured Benefit 105 115 130 150
165%
Moderate Factor % % % %
Max exposure to PGF 45% 45% 50% 50% 50%
Assured Benefit 110 125 145 170
Policy term 195%
Investment
Conservative Factor % % % %
Details
option
Ten Pay Max exposure to PGF 25% 20 25% 25 25% 30
25% 25%

101 101
Assured Benefit Factor 101%
Aggressive % %
Max exposure to PGF 75% 75% 75%
125 140
Assured Benefit Factor 150%
Moderate % %
Max exposure to PGF 50% 50% 50%
Assured Benefit would depend on the premium, investment option, premium 145 payment
165 option and
Assured Benefit Factor 190%
the policy term chosen by you. Assured Benefits will be applicable only on%vesting.
Conservative % There will be a
charge of 0.50% p.a. towards the cost of investment guarantee
Max exposure to PGF 25% 25% 25%
This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Vesting benefit
Higher
Higher of
of Assured
Assured Benefit
Benefit and
and Fund
Fund Value
Value
Options
Options available
available on
on
vesting
vesting date
date
Option
Option 1:
1:
Commute
Commute up up to
to 1/3rd
1/3rd of
of Vesting
Vesting Benefit
Benefit
Utilise
Utilise balance
balance amount
amount to to purchase
purchase an an immediate
immediate
annuity
annuity plan
plan at
at the
the then
then prevailing
prevailing rate
rate

Option
Option 2: 2: Purchase
Purchase aa single
single premium
premium deferred
deferred
pension
pension product
product
Note:
Note:
You
You have
have to to purchase
purchase the
the Immediate
Immediate Annuity
Annuity plan
plan
from
from ICICI
ICICI Pru
Pru
NO
NO Open
Open Market
Market Option
Option

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Death benefit
Higher
Higher
GDB of
of Guaranteed
Guaranteed
depends on PPT, Death
Death
Term and Benefit
Benefit and
and
Investment option
GDB depends on PPT, Term and Investment option
Fund
Fund Value
Value
chosen
chosen
101%
101% of of sum
sum of of premiums
premiums paid
paid for
for
Aggressive
Aggressive
105%
105% -- 165%
165% ofof sum
sum of
of premiums
premiums paid
paid for
for
Moderate
Moderate
105%-195%
105%-195% of of sum
sum ofof premiums
premiums paid
paid for
for
Options
Options available
available to
Conservative
Conservative to the
the
nominee
nominee
Withdraw
Withdraw the
the entire
entire death
death benefit
benefit amount
amount

Utilise
Utilise all
all or
or part
part of
of the
the entire
entire death
death benefit
benefit
amount
amount to to purchase
purchase anan immediate
immediate annuity
annuity plan
plan
at
at the
the then
then prevailing
prevailing rates.
rates.

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Loyalty additions
Get loyalty additions at the end of every policy
year starting from the end of the 10th policy year.

This addition will be a percentage of the average

of daily Fund Values in that same policy year.

Policy year 10 11 onwards

Loyalty
2% 0.5%
Addition

Effective
Effective FMC
FMC of
of 0.85%
0.85% from
from year
year 11
11 onwards
onwards !!

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Surrender
During first five policy years:
On receipt of intimation that you wish to
surrender during the first five policy years
the Fund Value shall be transferred to the
Pension Discontinued Policy Fund after
deduction of applicable discontinuance
penalty. You would be entitled to receive
an amount only after the lock in period.
After completion of fifth policy year:
On receipt of intimation that you wish to
surrender the policy after the first five
policy years, you would be entitled to
receive an amount not less than the Fund
Value
This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Options available on surrender
To commute up to 1/3rd of the amount
available on the termination of the Policy
and to utilise the balance amount to
purchase an immediate annuity plan at
the then prevailing rate.

To purchase a single premium deferred

pension product.
Note:
Note:
You
You CANNOT
CANNOT taketake your
your entire
entire fund
fund value
value as
as
lump
lump sum
sum on
on surrender
surrender

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Boundary conditions
Five Pay Ten Pay
Premium payment term
5 years 10 years
(PPT)
10,15,20,25,3 20,25,30
Policy term
0 years
Min annualised
Rs. 24,000
premium
Maximum premium Unlimited
Min/ Max Age at Entry 35 / 70 years
Min/ Max Age at
45 / 80 years
Vesting
Premium payment
Annual / Half-yearly / Monthly
mode

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
Charges
Premium allocation charge Mode Year Year
(As a % of premium) 1-2 3-5
Yearly and HY 3% 3%
Monthly 3% 2%

Policy administration charges

Policy Year Pol. Admin
(As a % of annualised premium) Year 1 - PPT 0.3% p.m.
Thereafter
Subject to a maximum of Rs. 500 per month 0.1% p.m.

FMC Fun Pension Growth Pension Secure

d Fund Fund
FMC 1.35% p.a. 1.35%p.a
Guarantee Charge: 0.50% p.a.
(Deducted at the end of each policy month by
redemption of units based on the closing fund value)

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Shubh Retirement: Pension
plan
Illustration
Mr. Gaurav, a 50 years old senior executive in a
pharma company, wants pension once he retires at
age 60
He invests in ICICI Pru Shubh Retirement, Five Pay
and opts for the Conservative investment option
Vesting
Vestingbenefit
benefitof
ofRs.
Rs.14.8
14.8lakh
lakh
(@8%)
(@8%)

Assured
AssuredBenefit
Benefitof
ofRs.
Rs.11
11
lakh
lakh

50 55 60 70 80
Pay
Pay22lakh
lakhp.a.
p.a. for
for 55 Get
GetRs
Rs11lakh
lakh per
peryear
yearfor
forlife
lifefor
forself
selfand
and
years
years spouse (@8%)
spouse (@8%)

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.
 Thank you

This material is strictly meant for circulation within the organization/ solely for
training and/or education of the employees of ICICI Prudential Life Insurance Co.
Ltd. or its advisors, corporate agents or brokers and should not be further
circulated or used for presentation to a prospect or general public at large.