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Icici Pru Assured Savings Insurance Plan vs Smart Life Plan

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Icici Pru Assured Savings Insurance Plan vs Smart Life 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 ...

Smart Life Plan

Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st policy year to look after immediate financial needs. Policyholders can use such bonuses to take care of their families in their absence. Kotak SmartLife Pl...

PLAN DETAILS

Icici Pru Assured Savings Insurance Plan


Smart Life Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria
Plan Uniqueness
  • Flexible premium payment
  • Survival benefits
  • Maturity benefits
  • Comprehensive Protection
  • Survival Benefit
  • Maturity benefit
Plan Maturity age Maximum maturity age - 72 years Maximum Maturity Age - 75 years
Premium payment term 5/7/8/10/12 years 6, 8, 10, 12, and 15 years
Plan Entry Age Minimum age - 0 years Maximum age - 60 years Minimum Age - 3 years Maximum Age - 55 years
Sum assured Minimum sum assured - 84,000 Maximum sum assured - 4 Lakhs Rs. 2,50,000 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 75 years less entry age of life insured
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 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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