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Icici Pru Assured Savings Insurance Plan vs Lic New Endowment

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Icici Pru Assured Savings Insurance Plan vs Lic New Endowment

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 ...

Lic New Endowment

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonuses. The policy offers a great bandwidth...

PLAN DETAILS

Icici Pru Assured Savings Insurance Plan


Lic New Endowment

Premium Including GST
Key Features
(Key features of the plan)
  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Flexible premium payment
  • Survival benefits
  • Maturity benefits
  • Death Benefits
  • Maturity Benefits
  • Survival Benefits
Plan Maturity age Maximum maturity age - 72 years Maximum Maturity Age - 75 years
Premium payment term 5/7/8/10/12 years Same as policy term
Plan Entry Age Minimum age - 0 years Maximum age - 60 years Minimum Age - 8 years Maximum Age - 55 years
Sum assured Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs Rs 1 lakh to No limit
Premium payment frequency Annual / Half-yearly / Monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 20 years Minimum term - 12 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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Know More About Plans

‘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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