Icici Pru Cash Advantage
vs
Sbi Smart Platina Assure

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Icici Pru Cash Advantage vs Sbi Smart Platina Assure

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...

Sbi Smart Platina Assure

Don't save money to Save. Save Money To Invest & Fulfil your Long-term Goals. With SBI Life Smart Platina Assure, give your family an assurance that you are always there to fulfil their dreams. SBI Life Smart Platina Assure is an individual, non-participating, non-linked, and life endowment assu...

PLAN DETAILS

Icici Pru Cash Advantage


Sbi Smart Platina Assure

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Explore SBI Life Smart Platina Assure
  • Key Features of The Plan
  • Get an idea of how the plan works
Plan Uniqueness
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Loans on Policy
  • Flexible-Premium Payment Options
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 65 years
Premium payment term 5/10 Years 6, 7 years
Plan Entry Age Minimum Age - 30 Days Maximum Age - 60 Years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Minimum - 7 times / Maximum - 10 times the available SA Rs 3 lakh 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 15 to 20 years Minimum term - 12 years Maximum term - 15 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 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.