ICICI Prudential Future Perfect Investment Plan | PolicyX
ICICI Prudential ICICI Prudential ★ 4.6

ICICI Prudential Future Perfect

ICICI Pru Future Perfect helps grow your wealth with the promise of pr ...Read More

🛡️ IRDAI Approved
4.6/5 · 919 reviews
📊 80 years solvency ratio
Minimum Age - 5 year% claim settlement ratio
🌐 Annual, half-yearly,+ pan-India

About ICICI Prudential Future Perfect

A quick read on what this ICICI Prudential term plan covers and why it might be a fit for you.

Build wealth, secure dreams: The ICICI Prudential Future Perfect Plan helps you achieve a brighter future.

Savings alone won't make your dreams come true; you need to grow your money to reach your future goals. An investment plan like ICICI Pru Future Perfect helps grow your wealth with the promise of protecting your money. It is an ideal savings and protection-oriented plan, offering dual assurances of guaranteed benefits and life cover.

In addition, the plan offers investment features that help you build a corpus with bonuses for potentially higher returns. Under the ICICI Pru Future Perfect plan, the insurer pays a cash bonus to the policyholder at the end of each financial year, if declared. You can also choose a premium payment term based on your needs.

ICICI Pru Future Perfect is a versatile savings life insurance plan. It offers a range of benefits, including:

  • Guaranteed benefits
  • Tax benefits
  • Flexibility
  • Special surrender value
  • Loan benefit
  • Life cover

Eligibility Criteria for ICICI Prudential Future Perfect

Entry age
Entry age
Minimum age - 91 days Maximum age - 55 years
Maturity age
Maturity age
Maximum maturity age - 70 years
Policy tenure
Policy tenure
10 to 30 years
Premium payment term
Premium payment term
5/7/10/15/20 years
Premium payment frequency
Premium payment frequency
Monthly, Quarterly, Half-Yearly, Annually
Sum assured
Sum assured
Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Guaranteed Surrender Value
  • Revive Policy
  • Tax Benefits

Cons

  • No pre-existing condition
  • Suicide exclusion
  • Aviation accident

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

Minimum entry age: 91 Days
Maximum entry age: 58 years
Minimum sum assured: 84
Maximum sum assured: 4 Lakhs
Maximum policy term: 25 years

Benefits of ICICI Prudential Future Perfect

There are various benefits to buying the ICICI Pru Future Perfect Plan. Let’s understand each of them in detail:

  • Death benefits: After the policyholder's unfortunate demise during the policy term, the insurance cover amount will be paid to the nominee.
  • Policy Loan: Under this policy, you can also take out a loan after the policy obtains a surrender value, but the loan amount should not exceed 80% of the surrender value.
  • Surrender Benefit: You can discontinue your policy anytime after paying premiums for two full consecutive years. Policyholders will receive either the guaranteed surrender value, including applicable bonuses and additions, or a special surrender value. Please note that if you surrender your policy before it has acquired a surrender value, no benefits will be payable.
  • Maturity benefits: Once you outlive your policy term, you shall receive a guaranteed lump sum maturity benefit.

Features of ICICI Prudential Future Perfect

Key features that make ICICI Prudential Future Perfect stand out.

Cash Bonus

Once you survive the policy term, you'll receive a lump sum maturity benefit, along with Guaranteed Additions and a cash bonus.

Guaranteed Features

The plan offers two guaranteed features: Guaranteed Maturity Benefit (GMB) and Guaranteed Additions (GA).

Flexible Premium Payment

Flexible premium payment terms allow you to pay premiums at your convenience.

Exit Benefit

You can exit your policy at any stage after paying premiums for at least two consecutive years and get Guaranteed Surrender Value.

Documents Required for ICICI Prudential Future Perfect

Keep these documents handy when applying for ICICI Prudential Future Perfect.

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

Age Proof

Age Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

Address Proof

Address Proof (either of one) - Utility bill, passport, voter ID, ration card.

Medical Records

Medical Records of the policyholder if requested.

Income Proof

Income Proof (either of one) - bank statement, last three months' salary slips (if you are salaried).

Exclusions of ICICI Pru Future Perfect Plan

  • Suicide within 12 months of the policy purchase is not covered.
  • Consumption of any intoxicants.
  • Death due to any aviation accident.
  • Death due to any adventurous sports.

Other Features of ICICI Prudential Future Perfect

Here are the key features of the ICICI Prudential Future Perfect.

Plan At a Glance

What’s Good Here What’s Missing
Guaranteed Maturity Benefit No Plan Options
Cash bonuses No High sum assured rebate
Guaranteed Death Benefit No Auto cover continuance
Guaranteed Additions No additional riders
Flexibility NA

Conclusion

ICICI Prudential Future Perfect is an ideal savings- and protection-oriented plan that helps you build wealth to achieve future goals while providing assured life cover.

For more information related to this plan, you can visit PolicyX.com, or call us at 1800-420-0269. Our insurance experts listen to your unique needs and suggest the best possible solution for you.

ICICI Prudential Future Perfect: FAQs

The 5 most-asked questions about ICICI Prudential Future Perfect, answered.

ICICI Prudential Future Perfect Plan is an ideal savings and protection-oriented plan that offers dual assurances of guaranteed benefits or life cover.
ICICI Prudential Future Perfect Plan cash bonuses consist of vested reversionary and terminal bonuses.
You can surrender your ICICI Prudential Future Perfect Plan anytime after paying premiums for two full consecutive years.
Yes, once you pay your premiums and interest, your policies will be revived to their total value.
In terms of the number of policies settled during 2022-23, ICICI Prudential Life Insurance has an impressive claim settlement ratio of 97.8%.

Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

Compare life Insurance Plans

Select a company and plan for each side to see a detailed side-by-side comparison.

Share your Valuable Feedback

Rating Icon 4

Rated by 64 customers

Was the Information Helpful?

Select Your Rating

We would like to hear from you

Let us know about your experience or any feedback that might help us serve you better in future.

Reviews and Ratings

Do you have any thoughts you'd like to share?

📞 Call Free