Lic Pension Plans vs Icici Life Investment Life Insurance 2026 | PolicyX
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At a glance

Which insurer is ahead on the figures both publish

Claim settlement ratio

Lic Pension Plans

Minimum Age- 30 year%Lic Pension Plans Minimum Age - 5 year%Icici Life Investment

Share of death claims the insurer paid

Solvency ratio

Lic Pension Plans

85 yearsLic Pension Plans 80 yearsIcici Life Investment

IRDAI minimum is 1.5

COMPANY DETAILS ✎ Edit

Lic Pension Plans

✎ Edit

Icici Life Investment

Customer rating

Customer rating

4.6 / 5

Customer rating

4.6 / 5
Life insurance plans listed

Life insurance plans listed

None listed yet

Life insurance plans listed

4 plans ❯
Annual premiums collected (2024-25)

Annual premiums collected (2024-25)

₹ Rs 1 lakh to No limit

Annual premiums collected (2024-25)

₹ Rs 50,000 to No limit
Claim settlement ratio

Claim settlement ratio

Minimum Age- 30 year% Higher

Claim settlement ratio

Minimum Age - 5 year%
Solvency ratio

Solvency ratio

85 years Higher

Solvency ratio

80 years
Pan India presence (branches)

Pan India presence (branches)

Annual, half-yearly,

Pan India presence (branches)

Annual, half-yearly,
Riders available

Riders available

10 to 30 years

Riders available

Minimum term - 6 years Maximum term - 30 years
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Plans from Lic Pension Plans and Icici Life Investment

Every plan we list from each insurer, including its term and investment plans. Switch insurer to see the other's plans.

No Lic Pension Plans plans listed yet We haven't added this insurer's plans to PolicyX yet. Read the Lic Pension Plans overview, or ask an advisor which of its plans fits you.
Investment Plan

ICICI Life Cash Advantage

The ICICI Life Cash Advantage Investment Plan is a non-linked life insurance savings plan that combines protection with guarantee… Read More

  • Guaranteed Cash Benefit
  • Life Cover
  • Policy Loan
Sum assured5/10 Years
Entry ageMinimum Age - 30 Days, Maximum Age - 60…
View plan
Investment Plan

ICICI Life Savings Suraksha

The ICICI Life Savings Suraksha Investment Plan combines savings and protection, helping individuals achieve financial goals whil… Read More

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses
Sum assuredLimited Pay (5, 7, 10, 12 years) and Re…
Entry ageMinimum age: 0 years, Maximum age: 60 y…
View plan
Investment Plan

ICICI Assured Savings

ICICI Life Assured Savings Plan combines life cover with guaranteed returns, offering annual additions of 9% to 11% to the base s… Read More

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
Sum assured5/7/8/10/12 years
Entry ageMinimum age - 0 years Maximum age - 60…
View plan
Investment Plan

ICICI Life Future Perfect

The ICICI Life Future Perfect Investment Plan is a versatile savings and protection-oriented life insurance solution designed to… Read More

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses
Sum assured5/7/10/15/20 years
Entry ageMinimum age - 91 days Maximum age - 55…
View plan
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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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