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Icici Pru Cash Advantage vs Lic Aadhaar Shila

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Icici Pru Cash Advantage vs Lic Aadhaar Shila

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...

Lic Aadhaar Shila

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. This plan is a combination plan that offers both savings as well as protection. LIC’s Aadhaar Shila Plan is primarily for female policyholders having Aadhaar ...

PLAN DETAILS

Icici Pru Cash Advantage


Lic Aadhaar Shila

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Auto cover facility
  • Female Only Plan
  • Low premium plan.
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 70 years
Premium payment term 5/10 Years Same as the policy term
Plan Entry Age Minimum Age - 30 Days Maximum Age - 60 Years Minimum Age - 8 years Maximum Age - 55 years
Sum assured Minimum - 7 times / Maximum - 10 times the available SA Rs 75,000 to Rs 3,00,000
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 Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

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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