Icici Pru Assured Savings Insurance Plan
vs
Fixed Maturity Plan

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  • Multiple sum assured options
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Icici Pru Assured Savings Insurance Plan vs Fixed Maturity Plan

Icici Pru Assured Savings Insurance Plan

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’. There's no harm in saving some money for the future. Keep in mind that ICICI Pru presents an ICICI Pru Assured Savings Insurance Plan, a plan that gives you guaranteed benefits on survival, maturity, or ...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Icici Pru Assured Savings Insurance Plan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Flexible premium payment
  • Survival benefits
  • Maturity benefits
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum maturity age - 72 years 70 years
Premium payment term 5/7/8/10/12 years Single, Limited, Regular
Plan Entry Age Minimum age - 0 years Maximum age - 60 years 8 years
Sum assured Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs Rs. 15000- no limit
Premium payment frequency Annual / Half-yearly / Monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 20 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.12

Know More About Plans

Overview

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’.

There's no harm in saving some money for the future. Keep in mind that ICICI Pru presents an ICICI Pru Assured Savings Insurance Plan, a plan that gives you guaranteed benefits on survival, maturity, or death. You'll even receive 9%, 10%, or 11% of guaranteed addition automatically added to your base cover annually. 

Along with other benefits, the investment plan offers flexibility to choose the premium payment term (PPT) and policy term (PT) based on your needs. You can even surrender your policy at any time after paying a two-year premium and get a Special Surrender Value (SSV).

ICICI Pru Assured Savings is a versatile savings plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

ICICI Pru Assured Savings Plan offers you a range of benefits including:

why-choose
  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Special surrender value
  • Loan benefit
  • Life cover 

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.