Icici Life Guaranteed Income For Tomorrow vs Lic Navjeevan

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 Navjeevan is a newly launched plan by the Life Insurance Corporation of India. It is a non-linked with profit endowment assurance plan. It is a comprehensive plan that offers financial support to the family in case of unfortunate death of the policyholder at any time before maturity and a lump sum amount after maturity would go to the survivors of the policyholder.

Under LIC Navjeevan Plan, the insured has the option, he/she can pay the premium either as Lumpsum (Single premium) or as Limited Premium with a premium payment term of 5 years. The interested one can easily buy the same through the online application process or can visit the nearest branch for the same

The plan is available for ages 90 days to 65 years with an option to choose risk sum assured from age 45 years onwards. It is an Income tax-compliant plan. It also takes care of liquidity needs with its loan facility.

LIC Navjeevan Plan offers you a range of benefits including:

• Annuity Options
• Whole life cover
• Multiple riders to choose from

• Loan facility
• Participation in profits