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ICICI ULIP Plans
ICICI ULIP Plans
ICICI ULIP Plans are an excellent option to secure your future. ICICI Prudential Life Insurance offers a wide variety ...Read More
What you get with ICICI ULIP Plans
The headline features and policy mechanics, at a glance.
Annual Premium Rs 1 lakh to No limit
Affordable premium options starting from entry-level to comprehensive whole-life protection.
Minimum Age- 14 year claim settlement ratio
Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.
70 years solvency ratio
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
Annual, half-yearly, pan-India presence
Branch offices and claim service centres across India for easy policy servicing.
ICICI ULIP Plans: Overview
ICICI ULIP Plans are an excellent option to secure your future. ICICI Prudential Life Insurance provides a wide variety of ICICI ULIP Plans. Since its inception in 2000, ICICI has been among the top players in insurance, providing smart insurance tools. ICICI Prudential Savings Plans help secure your future and build financial independence.
ICICI Prudential has been a dominant player in India's insurance sector since commencing operations in 2001. Founded on customer-centricity, ICICI Prudential offers long-term savings and protection products designed to meet diverse life stage requirements. ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited.
ICICI ULIP Plans help individuals build a financial corpus for goals like a child's marriage, education, or retirement. ICICI ULIP Plans offer the dual benefit of life cover and investment. Premiums paid are invested in various fund portfolios, typically chosen by the policyholders.
ICICI ULIP Plans address your investment needs by offering:
- Consistent savings
- Flexibility to handle the portfolio
- Life insurance cover
- Consistent growth
Benefits of ICICI ULIP Plans
ICICI ULIP Plans offer numerous benefits, including:
Consistent savings
ICICI ULIP plans are effective financial tools that foster regular savings, helping you build a strong financial corpus over time.
Flexibility to handle a portfolio
ICICI ULIP Plans offer flexibility and control over your invested wealth through features like premium redirection, fund switching, partial withdrawals, and top-ups.
Death benefits
In the event of the policyholder's unforeseen demise during the policy tenure, death benefits are paid to the registered beneficiary.
Life insurance cover
ICICI ULIP Plans provide life insurance cover along with investment options, ensuring your family's protection.
Consistent growth
ICICI ULIP plans offer the potential for significant financial corpus growth through investments in equity and debt funds.
Riders You Can Avail With ICICI ULIP Plans
| Name of the rider | Benefits |
| ICICI Prudential Accidental Death and Disability Rider | This rider offers protection against accidental death and disabilities, and can be added to your investment plan. |
Documents required
For policy purchase and claim submission. Have these ready before you start.
Photo ID Proof
Photo ID Proof: Passport, Aadhaar card, PAN card, or Driving license.
Age Proof
Age Proof: Passport, Aadhaar card, PAN card, or Driving license.
Address Proof
Address Proof: Utility bill, passport, Voter ID, or ration card.
Medical Records
Medical Records: If requested by the insurer.
Income Proof
Income Proof: Bank statement or last three months' salary slips (for salaried individuals).
How to Buy a ICICI ULIP Plans Plan?
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
- Visit the PolicyX.com website or the ICICI ULIP Plans official website to compare and choose a suitable life plan.
- Enter your personal details such as name, date of birth, gender, annual income, and smoking status to get a customised quote.
- Compare plan options — choose your sum assured, policy term, premium payment term, and any optional riders.
- Fill in the proposal form with your contact details, nominee information, and medical history accurately.
- Upload the required documents: identity proof, address proof, income proof, and recent photographs.
- Pay the first premium online via net banking, UPI, debit/credit card, or cheque.
- Complete the medical examination if required (depends on your age and sum assured).
- Receive your policy document via email and registered post after underwriting approval.
- Log in to the ICICI ULIP Plans customer portal or the PolicyX.com dashboard before your policy renewal date.
- Review your existing policy details — coverage, premium amount, and nominee information.
- Choose to continue with the same plan or upgrade your sum assured if eligible.
- Pay the renewal premium online via net banking, UPI, debit/credit card, or cheque.
- Download the renewed policy document from your registered email or the insurer portal.
- Visit the official website of ICICI Life Insurance Company.
- Hover over 'Plans', click on the ULIP plan, and choose the plan you wish to buy.
- Click the 'Buy Now' button and fill in the required details.
- Tap 'Next' and select a plan as per your requirements.
- Select your desired cover option and complete the payment. A payment confirmation will be sent to your registered email address.
What's covered — and what's not
The standard inclusions and exclusions across ICICI ULIP Plans plans. Specific plans may add benefits — always check the policy wording before purchase.
✗ Exclusions
- If a policyholder commits suicide during the first 12 months after obtaining the insurance, the nominee receives no death benefit. The nominee receives only the premiums paid up to the date of the incident or the policy's surrender value, whichever is greater.
Conclusion
ICICI ULIP Plans offer market-linked returns, helping your money grow consistently over time. Before investing, it is crucial to understand the associated risk-return ratio. For more information on ICICI Life ULIP Plans, contact PolicyX.com 24/7. Our trusted insurance experts are available to understand your unique needs and suggest the best possible solutions.
Why Choose PolicyX.com?
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanFrequently asked questions
The 10 most-asked questions about ICICI ULIP Plans, answered.
Customer satisfaction
Aggregate ratings from 930 verified PolicyX customers who bought a ICICI ULIP Plans plan.
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PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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