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Icici Pru Assured Savings Insurance Plan vs Sbi Smart Wealth Builder

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Icici Pru Assured Savings Insurance Plan vs Sbi Smart Wealth Builder

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 ...

Sbi Smart Wealth Builder

SBI Life Smart Wealth Builder is an individual, unit-linked, and non-participating life insurance plan. It comes out with a dual benefit of insurance and investment. The plan offers a guaranteed bonus at different stages during the policy tenure. It is specifically designed for achieving life goals ...

PLAN DETAILS

Icici Pru Assured Savings Insurance Plan


Sbi Smart Wealth Builder

Premium Including GST
Key Features
(Key features of the plan)
  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal
Plan Uniqueness
  • Flexible premium payment
  • Survival benefits
  • Maturity benefits
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum maturity age - 72 years Maximum Maturity Age - 70 years
Premium payment term 5/7/8/10/12 years 5 to 30 years
Plan Entry Age Minimum age - 0 years Maximum age - 60 years Minimum Age - 7 years Maximum Age - 55 years
Sum assured Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs 10 X Annualized Premium
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 5 to 30 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age- 14 year

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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