Personalised proposal for securing your life goals
with
Hi ,
Congratulations on taking the first step towards
fulfilling your life goals with a regular income for
whole of life and a lump sum on maturity along
with the security of a life insurance cover.
Please go through your personalised ICICI Pru Gold
proposal and reach out to your financial planner in
case you need any further details.
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ICICI Pru Gold belongs to Participating category of products In this category of products, your
bene ts are partially guaranteed and partially dependent on bonuses elow is a detailed
e planation of how your plan will wor or your clarity, we have shown the split of your
bene ts into guaranteed and bonus lin ed bene ts
Snapshot of your plan
ou pay
Yearly pre iu of 45 years / Male
` 50,000/- for 10 years
Aug 2024 Aug 2049
ear
Aug 2025 ou get
u p su
Inco e every year till you turn 70 years of age on aturity
Inco e u p su otal ene ts
Guaranteed Inco e ` 5,000/- Guaranteed lu p su otal Guaranteed bene ts
Su ssured on aturity ` 6,25,000/-
onus based inco e Cash onus ` 5,00,000/-
t ` 12,000/- otal bonus based bene ts
t ARR: ` 4,375/- onus based lu p su t ` 4,13,783/-
er inal onus t ` 1,50,476/-
otal Inco e t ` 1,13,783/-
otal bene ts
t ` 17,000/- t ` 41,101/-
t ` 10,38,783/-
t ARR: ` 9,375/-
otal u p su aturity ene t t ` 7,75,476/-
every year t ` 6,13,783/-
from Aug 2025 to Aug 2049 t ` 5,41,101/-
#
Also, get a life insurance cover of ` 5,50,000/- throughout the policy term
Pre iu details Pay ent ter Pre iu ount
Pre iu to be paid every year 10 years ` 50,000/-
etailed brea up of pre iu and ta es
Yearly pplicable otal Yearly
Pre iu ta es Pre iu
Yearly Pre iu
` 50,000/- ` 2,251/- ` 52,251/-
during year
st
Yearly Pre iu
` 50,000/- ` 1,126/- ` 51,126/-
fro nd
year onwards
dditional le ibility through Savings wallet
ou can choose to accumulate your guaranteed income and let it grow with an
option to withdraw the accumulated amount anytime partially or completely
as per your preference during the policy term. ith this feature your policy
acts like a wallet giving you complete freedom to accumulate or withdraw
income as per your re uirement.
hy choose us
9.84 Cr ` 2.87 Lakh Cr
ives covered as on enefits paid till
June 30, 2024 June 30, 2024
` 3.08 Lakh Cr hrs clai settle ent
ssets under management as on uick claim settlement
June 30, 2024 process availa le
a Saving
et ta enefits on premium
paid enefits
stands for ssumed rate of return. f the policy offers guaranteed returns then these will e clearly marked guaranteed in the enefit llustration. ince the policy
offers varia le returns the given illustration shows two different rates of assumed future investment returns. he returns shown a ove are not guaranteed and they are not
the upper or lower limits of what you might get ack as the maturity value of policy depends on a num er of factors including future investment performance.
ife insurance cover shown is the um ssured on eath at policy inception . eath enefit is e ual to um ssured on eath plus alance in avings allet if any
plus nterim urvival enefit if any plus erminal onus if declared here the um ssured on eath is the highest of times the nnuali ed Premium or of the
otal Premiums Paid as on the ate of eath or eath enefit multiple times nnuali ed Premium.
he values mentioned here are indicative ased on the date on which you applied for this policy. he e act values will e as per the date of issuance of your policy and
are specified in the Policy Certificate attached in your welcome kit.
C C Prudential ife nsurance Company. egn o. .C P C .
C C Prudential ife nsurance Company imited. egistered ddress ppasahe arathe arg Pra hadevi um ai . or more details on the risk factors
term conditions please read the policy document. C C Pru old 105N190V02. C P C ov .
Benefit Illustration - ICICI Pru GOLD
Name of Prospect/Policyholder : Mr. Name of the Product : ICICI Pru GOLD
Age of the Policyholder at inception : 29-Aug-1979 (45 years) Tag Line : Non Linked Participating
Individual Life Insurance
Savings Plan
Gender of the Policyholder : MALE
Name of the Life Assured : Mr. Unique Identification Number : 105N190V02
Age of the Life Assured at inception : 29-Aug-1979 (45 years) GST Rate for Year 1 : 4.5%
Gender of the Life Assured : MALE GST Rate For Year 2 Onwards : 2.25%
Policy Term : 25 years Sales Channel : Agency
Premium Payment Term : 10 years
Amount of Instalment Premium (Without : Rs. 50,000/-
GST and cesses if any)
Mode of payment of premium : Yearly
How to read and understand this benefit illustration?
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8%
p.a. and 4% p.a. Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer
carrying on life insurance business. If your policy offers guaranteed benefits, these will be clearly marked "guaranteed" in the illustration table on
this page. If your policy offers variable benefits, then the illustration on this page will show two different rates of assumed future investment returns,
of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as
the value of your policy is dependent on a number of factors including future investment performance.
Policy Details
Plan Option Immediate Income Sum Assured on Maturity Rs. 500,000
Deferment Period Not Applicable Sum Assured on Death (at inception of the policy) Rs. 550,000
Bonus Type Simple Bonus Save The Date feature Not Applicable
Premium Summary
Base Plan ICICI Pru Non-Linked ICICI Pru Non-Linked ICICI Pru Non-Linked Total Instalment
Accidental Death and Accidental Death and Waiver of Premium Premium
Disability Rider Disability Rider Rider
(Accidental Death (Accidental Total &
Benefit option) Permanent Disability
Benefit option)
Instalment Premium without GST and Cesses, if any Rs. 50,000/- - - - Rs. 50,000/-
Instalment Premium with first year GST and Cesses, if Rs. 52,251/- - - - Rs. 52,251/-
any
Instalment Premium with GST and Cesses, if any 2nd Rs. 51,126/- - - - Rs. 51,126/-
year onwards
Summary of Benefits payable over the course of the Policy Term
Guaranteed Benefits payable as Survival Benefits during the Income Term
Guaranteed Income as per frequency chosen by you: Rs. 5,000 Guaranteed Booster as per frequency chosen by you: Not Applicable
Frequency of Guaranteed Income: Annual Frequency of Guaranteed Booster: Not Applicable
Guaranteed Income payable in a year: Rs. 5,000 Guaranteed Booster payable in a year, when due: Not Applicable
Total Guaranteed Income payable (A) Rs. 125,000
Benefit payable at the end of policy term (Maturity Benefit)
Benefits at 4% p.a. Benefits at 8% p.a.
Estimated Cash Bonus as per frequency chosen by you Rs. 4,375 Rs. 12,000
Frequency of Cash Bonus: Annual Annual
Estimated Cash Bonus payable in a year Rs. 4,375 Rs. 12,000
Estimated Total Cash Bonus payable over the Income Term (B) Rs. 109,375 Rs. 300,000
Estimated Terminal Bonus at Maturity Rs. 41,101 Rs. 113,783
Estimated Total Maturity Benefit (C) Rs. 541,101 Rs. 613,783
Total Benefits payable till Maturity (A + B + C) Rs. 775,476 Rs. 1,038,783
Benefit Details
Total Benefits including Guaranteed and Non-Guaranteed Benefit
Guaranteed Benefits Non-Guaranteed Non-Guaranteed Survival Benefit Maturity Benefit Death Benefit Surrender Benefit4
Benefits @ 4% p.a. Benefits @ 8% p.a.
Po Annuali Guaran Guaran Surrende Death Maturity Cash Surrende Cash Surrender Total Total Total Total Total Total Total Total
l. sed teed teed r Benefit Benefit Benefit Bonus r Benefit Bonus Benefit Survival Surviv Maturity Maturity Death Death Surrender Surrender
Ye Premiu Income Booste Benefit al Benefit @ Benefit @ Benefit @ Benefit @ Benefit Benefit
ar m r @ 4% Benefit 4% p.a. (7 8% p.a. (7 4% p.a.(6 8% p.a.(6 @4% p.a. @8% p.a.
p.a.(3 + @ 8% +Terminal + + + (5 + 9) (5 + 11)
4 + 8) p.a.(3 + Bonus, if Terminal Interim/Te Interim/Te
4 + 10) declared) Bonus, if rminal rminal
declared) Bonus, if Bonus, if
declared) declared)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
1 50,000 5,000 0 0 550,000 0 4,375 0 12,000 0 9,375 17,000 0 0 550,000 550,000 0 0
2 50,000 5,000 0 0 550,000 0 4,375 15,830 12,000 2,417 9,375 17,000 0 0 550,000 550,000 15,830 2,417
3 50,000 5,000 0 0 550,000 0 4,375 45,000 12,000 22,125 9,375 17,000 0 0 550,000 550,000 45,000 22,125
4 50,000 5,000 0 0 550,000 0 4,375 62,500 12,000 32,000 9,375 17,000 0 0 550,000 550,000 62,500 32,000
5 50,000 5,000 0 0 550,000 0 4,375 78,125 12,000 43,324 9,375 17,000 0 0 550,000 550,000 78,125 43,324
6 50,000 5,000 0 0 550,000 0 4,375 93,750 12,000 68,496 9,375 17,000 0 0 550,000 550,000 93,750 68,496
7 50,000 5,000 0 0 550,000 0 4,375 141,435 12,000 110,246 9,375 17,000 0 0 550,000 550,000 141,435 110,246
8 50,000 5,000 0 0 550,000 0 4,375 203,205 12,000 166,340 9,375 17,000 0 0 550,000 550,000 203,205 166,340
9 50,000 5,000 0 0 550,000 0 4,375 277,072 12,000 234,185 9,375 17,000 0 0 550,000 550,000 277,072 234,185
10 50,000 5,000 0 0 550,000 0 4,375 367,833 12,000 320,069 9,375 17,000 0 0 550,000 550,000 367,833 320,069
11 0 5,000 0 0 550,000 0 4,375 381,642 12,000 334,355 9,375 17,000 0 0 550,000 550,000 381,642 334,355
12 0 5,000 0 0 550,000 0 4,375 385,680 12,000 339,222 9,375 17,000 0 0 550,000 550,000 385,680 339,222
13 0 5,000 0 0 550,000 0 4,375 389,002 12,000 343,766 9,375 17,000 0 0 550,000 550,000 389,002 343,766
14 0 5,000 0 0 550,000 0 4,375 392,582 12,000 349,005 9,375 17,000 0 0 550,000 550,000 392,582 349,005
15 0 5,000 0 0 550,000 0 4,375 396,433 12,000 355,008 9,375 17,000 0 0 550,000 550,000 396,433 355,008
16 0 5,000 0 0 550,000 0 4,375 400,536 12,000 361,816 9,375 17,000 0 0 550,000 550,000 400,536 361,816
17 0 5,000 0 365,000 550,000 0 4,375 39,941 12,000 4,545 9,375 17,000 0 0 550,000 550,000 404,941 369,545
18 0 5,000 0 360,000 550,000 0 4,375 49,706 12,000 18,325 9,375 17,000 0 0 550,000 550,000 409,706 378,325
19 0 5,000 0 355,000 550,000 0 4,375 59,811 12,000 33,229 9,375 17,000 0 0 550,000 550,000 414,811 388,229
20 0 5,000 0 350,000 550,000 0 4,375 70,318 12,000 49,414 9,375 17,000 0 0 550,000 550,000 420,318 399,414
21 0 5,000 0 345,000 550,000 0 4,375 81,251 12,000 67,022 9,375 17,000 0 0 550,000 550,000 426,251 412,022
22 0 5,000 0 340,000 550,000 0 4,375 92,599 12,000 86,172 9,375 17,000 0 0 550,000 550,000 432,599 426,172
23 0 5,000 0 335,000 550,000 0 4,375 104,473 12,000 107,138 9,375 17,000 0 0 550,000 550,000 439,473 442,138
24 0 5,000 0 330,000 550,000 0 4,375 116,874 12,000 130,097 9,375 17,000 0 0 550,000 550,000 446,874 460,097
25 0 5,000 0 0 550,000 500,000 4,375 0 12,000 0 9,375 17,000 541,101 613,783 550,000 550,000 0 0
Note: Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, and
Goods & Service Tax, if any.
Important points to note:
1. The Survival Benefits are payable during the policy year when they are due as per the frequency or date chosen at inception. The payments will
continue to be paid on the due date(s) as applicable till the last policy year, provided the Life Assured is alive. The payments will stop once the policy
matures.
2. If Save the date is opted, the survival benefit values mentioned here are indicative based on the date on which this benefit illustration was generated
for this policy. The exact values will be as per the date of issuance of your policy and are specified in the Policy Schedule attached in your welcome kit.
3. The Surrender Value (benefit amount payable on policy surrender) and Death Benefit (benefit amount payable on death of the Life Assured)
mentioned above are illustrated assuming that the event occurs at the end of the respective year and after the payment of any survival benefit due at
the end of respective year. The Maturity Benefits mentioned are payable at the end of the policy term. Post payment of this benefit (whichever is the
earliest) the policy terminates and no further benefit is payable.
4. The surrender value payable will be higher of Guaranteed Surrender Value or Special Surrender Value (including any Terminal Bonus payable, if
declared) and is illustrated under 'Total Surrender Benefit' columns. The guaranteed benefit illustrated under 'Surrender Benefit' is the minimum
amount payable under both 4% and 8% gross return per annum.
5. Savings Wallet: At any point during the policy term, you will have the option to accumulate Survival Benefit instead of taking as payment and
withdraw the accumulated Survival Benefit partially or completely. If not withdrawn, any balance left will be paid out along with death, surrender or
maturity payment, whichever hapepns first. For more details, please refer to the policy document.
6. Please refer to your sales brochure and policy document for more details. In case of any discrepancy between this document and policy document,
the latter shall prevail.
7. For any further clarifications, policyholder can contact their advisor or the Company.
I, __________________________________, have explained I, ______________________________, having received the
the premiums, and benefits under the policy fully to the information with respect to the above, have understood the
prospect / policyholder. above statement before entering into the contract.
Place: Place:
Date: Signature of Agent / Intermediary / Official Date: Signature of Prospect / Policyholder
ICICI Prudential Life Insurance Company Limited.
1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
Email: lifeline@[Link]
[Link]
HOW TO READ YOUR 'BI'
The benefit Illustration provides a year-by-year summary of how your benefits will look like. ICICI Pru Gold belongs to 'Participating'
category of products. In this category of products, your benefits are partially guaranteed and partially dependent on bonuses.
Therefore, all the benefits will be shown at an assumed rate of returns of 4% and 8%. The guaranteed benefits are shown in sub-
section 'Guaranteed Benefits' and the bonus based benefits are shown under sub-section 'Non-Guaranteed Benefits'.
Here are a few pointers which will help you read the table in the Benefit Illustration better:
1 Policy year:
This refers to the number of years you stay invested or the term chosen by you. Policy year is shown in column 1.
2 Annualized premium:
This is the premium you need to pay for the premium payment duration selected by you. The annualized
premium is shown in column 2.
3 Survival benefit (Income):
This refers to the income amount paid to the life assured throughout the income term. Total Income is a combination of
'guaranteed income' and 'bonus-based income (cash bonus). The guaranteed part of income is shown in column 3. The
bonus based income is shown at 8% and 4% ARR respectively in column 10 and 8. Therefore, to refer to the total income
payable every year, please refer to column 13 (@8% ARR) and column 12(@4% ARR). In case you have opted for
'Immediate Income with Booster' plan option, over and above income you will receive a guaranteed booster every 5th
policy year. The guaranteed booster is shown in column 4.
4
Maturity benefit:
This is a lump sum payable on maturity and is a combination of 'guaranteed lump sum (sum assured on maturity)' and
'bonus-based lump sum (Terminal bonus)'. The guaranteed lump sum is shown in column 7. Total maturity benefit is shown
in column 15 (@8% ARR) and column 14 (@4% ARR).
5 Death benefit (Life cover):
This refers to the lump sum that will be paid to the nominee on death of the life assured. It is a combination of guaranteed
life cover and bonus-based cover (Interim/terminal bonus). The guaranteed life cover is shown in column 6 and total life
cover is shown in column 17 (@8% ARR) and column 16 (@4% ARR).
6
Surrender benefit:
This is the amount paid to you if you exit the plan. The final surrender value is calculated as higher of (the guaranteed
surrender value and bonus-based surrender value). The final surrender value is shown in the last two columns i.e. column
19 (@8% ARR) and column 18 (@4% ARR).
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COMP/DOC/Apr/2023/264/2914
