Icici Life Guaranteed Income For Tomorrow
vs
Lic Jeevan Shagun

Achieve your life goals with ICICI Pru Guaranteed Income for Tomorrow – secure savings, guaranteed returns, and financial security.

ICICI Pru Guaranteed Income for Tomorrow is a two-in-one protection and savings-based life insurance plan. In addition to guaranteed maturity or death benefits, the investment plan offers guaranteed benefits in the form of a lump sum or regular income. This is different from other plans. , as it offers four plan options

Each plan option is designed to serve a different life objective. Under the save-the-date feature, you can choose a particular date as per your requirement to receive guaranteed income. Under this plan, you can pay premiums for 6, 7, 8, 10, or 12 years (PPT) and receive regular income from the 2nd year onwards.

ICICI Pru Guaranteed Income for Tomorrow is a two-in-one protection life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

ICICI Pru Guaranteed Income for Tomorrow offers you a range of benefits including:

• Guaranteed Benefits
• Tax Benefits
• Flexibility

• Income plan option
• Policy revival 
• Surrender benefit

LIC Jeevan Shagun is a non-linked, participating, savings with protection single premium Money-Back plan. The policy provides high life cover in the event of the miserable death of the policyholder where the single premium paid depends on the maturity sum assured opted by the insured. On surviving till the end of a certain period and on the maturity date, a percentage of the Maturity Sum Assured is paid by LIC.

The plan was launched on 1st September, 2014 for a period of 90 days as it is a close-ended plan so one can fulfill any immediate service requirement. For new buyers looking to buy a similar LIC one time investment plan, you will find comparisons with other plans currently offered by LIC.

The single premium paid for the plan ranges accordingly on the basis of various factors like the policy term, the insured person’s age, the sum assured chosen, etc. After purchasing the policy, tax benefits are also applicable to the plan.

LIC Jeevan Shagun Plan offers you a range of benefits including:

• Death Benefits
• Survival Benefits
• Loyalty Additions

• Policy Revival
• Loan Facility