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Icici Pru Cash Advantage vs Guaranteed Income Goal Plan

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Icici Pru Cash Advantage vs Guaranteed Income Goal 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...

Guaranteed Income Goal Plan

Bajaj Life Guaranteed Income Goal by Bajaj Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the regular or limite...

PLAN DETAILS

Icici Pru Cash Advantage


Guaranteed Income Goal Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
Plan Uniqueness
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Guaranteed returns
  • Choice of two variants
  • Policy Loan available
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 72 years
Premium payment term 5/10 Years 5,7,8,10,12 years
Plan Entry Age Minimum Age - 30 Days Maximum Age - 60 Years Minimum Age - 6 years Maximum Age - 60 years
Sum assured Minimum - 7 times / Maximum - 10 times the available SA 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 15 to 20 years 10,12,15,20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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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