ICICI Prudential Future Perfect
Build wealth, secure dreams: The ICICI Prudential Future Perfect Plan helps you achieve a brighter future. Savings alone won't make your dreams come t...
Unique Features
- Guaranteed Additions
- Flexible PPT
- Cash Bonuses
ICICI Pru Cash Advantage is a non-linked individual life insurance sav ...Read More
A quick read on what this ICICI Prudential term plan covers and why it might be a fit for you.
ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan that offers comprehensive benefits of savings and protection. This plan provides a guaranteed monthly income for 10 years and an additional cash bonus for each policy year (if declared).
You can also avail a policy loan against ICICI Pru Cash Advantage for up to 80% of your surrender value. It is an ideal savings plan for individuals seeking a payout term immediately after the premium payment term.
ICICI Pru Cash Advantage is a diverse life insurance plan. Let's explore its benefits in detail:
A quick honest summary — the strengths and the trade-offs.
Eligibility criteria pulled straight from the policy wording.
Let's understand how the ICICI Pru Cash Advantage Plan works with a simple premium illustration.
Sanchit Jain, a 30-year-old, is looking for an investment plan to create long-term wealth for his child.
His financial advisor advised him to buy the ICICI Cash Advantage. He visited PolicyX.com.
Let's understand how the ICICI Cash Advantage Plan works for him with a premium illustration table:
| Age of Policyholder | Guaranteed Cash Benefit | Guaranteed Maturity Benefit | Bonuses | Life Cover |
| 30 years | Rs. 5,307 per month | Rs. 5.31 lakh | Rs. 10.63 lakh | Rs. 10 Lakh |
There are various benefits to buying the ICICI Pru Cash Advantage Plan. Let’s understand each of them in detail:
Key features that make ICICI Pru Cash Advantage stand out.
Guaranteed Benefit
It offers the Guaranteed Cash Benefit (GCB), equal to 1% of GMB every month for a payout term of 10 years.
Life Cover
You get life coverage throughout the entire policy term.
Loan Benefit
You can avail of loan benefits depending upon your surrender value.
Flexible Payments
It offers limited premium payment terms, including 5, 7, and 10 years.
Keep these documents handy when applying for ICICI Pru Cash Advantage.
Photo ID Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Any one of the following: Utility bill, Passport, Voter ID, Ration card.
Medical Records
Medical records of the policyholder, if requested.
Income Proof
Any one of the following: Bank statement, last three months' salary slips (for salaried individuals).
Here are the key features of the ICICI Pru Cash Advantage.
Conclusion
If you are looking for an investment plan that offers guaranteed returns for you and your family, consider ICICI Pru Cash Advantage. This plan provides guaranteed benefits.
The 7 most-asked questions about ICICI Pru Cash Advantage, answered.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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