Icici Life Guaranteed Income For Tomorrow vs Smart Value Income Plan

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

To Save More, Invest Smartly with the Tata AIA Smart Value Income Plan.

Tata AIA Smart Value Income plan, from Tata AIA Life Insurance, is a guaranteed savings plan that helps you build wealth with multiple return options. Under various premium payment terms, you can choose between a whole life cover of up to 100 years or a limited period of 10 to 50 years. The plan offers you the flexibility to choose from the following two plan options.

Cash Bonus - This option allows you to receive a regular cash bonus (if declared) from the first month.

Accumulated Cash Bonus - This option collects the cash bonus (if declared) till the end of the policy term and promises to be payable in a lump sum at maturity.

You can choose to receive a cash bonus in hand or a Sub-Wallet and withdraw the bonus fully or partially from the wallet at any time. Additionally, at the policy inception, you will have the option to choose the cash bonus on a “Special date” under option 1 ‘Paid-in Cash’ mode. The plan also allows you to stay protected against risk with additional financial support by adding optional riders to your base policy.

Tata AIA Smart Value Income Plan offers you a range of benefits including:

• Death benefits
• Maturity benefits
• Guaranteed additions

• Cash bonuses
• Survival benefits