Icici Pru Cash Advantage
vs
Bharti Axa Life Elite Advantage Plan

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  • Multiple sum assured options
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Icici Pru Cash Advantage vs Bharti Axa Life Elite Advantage Plan

Icici Pru Cash Advantage

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the same plan. This plan provides guaranteed monthly income for 10 years. It also offers an additional cash bonus for each policy year ( if declared). You ca...

Bharti Axa Life Elite Advantage Plan

Bharti Axa Elite Advantage offers its policyholders dual benefits, including death and maturity benefits. You can also choose rider benefits with this plan which helps you increase the overall coverage of your plan. This article provides you with complete details about the Elite Advantage Plan inclu...

PLAN DETAILS

Icici Pru Cash Advantage


Bharti Axa Life Elite Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Flexible premium payment term
  • Loan on policy
  • Guaranteed maturity sum
Plan Uniqueness
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Flexible premium payment terms
  • Life insurance cover
  • Maturity benefits
  • Loan on policy
Plan Maturity age Maximum Maturity Age - 75 years Maximum - 65 years
Premium payment term 5/10 Years 5,7 and, 12 years
Plan Entry Age Minimum Age - 30 Days Maximum Age - 60 Years Minimum - 6 years
Sum assured Minimum - 7 times / Maximum - 10 times the available SA Minimum- Depends on the minimum premium, Maximum- No limit
Premium payment frequency Annual / Half-yearly / Monthly Quarterly, Half-yearly, and Yearly.
Plan Sample Premium - Rs 12000
Plan Brochure Brochure URL Brochure URL
Policy tenure 15 to 20 years 10 and 12 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Overview

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the same plan. This plan provides guaranteed monthly income for 10 years. It also offers an additional cash bonus for each policy year ( if declared).

You can also avail yourself of a policy loan against ICICI Pru Cash Advantage for up to 80% of your surrender value. In short, this is a perfect saving plan for individuals who are looking for a payout term immediately after the premium payment term.

ICICI Pru Cash Advantage is a diverse insurance plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

ICICI Pru Cash Advantage Plan offers you a range of benefits including:

why-choose
  • Guaranteed Monthly Cash Payout
  • Tax Benefits
  • Flexibility
  • Life cover
  • Flexible PPT 
  • Loan benefits

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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.