Icici Pru Cash Advantage
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Tata Aia Smart Income Plus Plan

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Icici Pru Cash Advantage vs Tata Aia Smart Income Plus 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...

Tata Aia Smart Income Plus Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for anything, and nothing seems more important than saving money for a brighter future. A plan like Tata AIA Life Smart Income Plus helps you grow wealth ...

PLAN DETAILS

Icici Pru Cash Advantage


Tata Aia Smart Income Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders
Plan Uniqueness
  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan
  • Different income plan options
  • Endowment options
  • Reduced paid-up policy automatically
Plan Maturity age Maximum Maturity Age - 75 years Min- 18 years, Max- 75 years
Premium payment term 5/10 Years 7, 10, 12 years
Plan Entry Age Minimum Age - 30 Days Maximum Age - 60 Years Min- 0 years, Max- 50 years
Sum assured Minimum - 7 times / Maximum - 10 times the available SA 11 times Annualized Premium
Premium payment frequency Annual / Half-yearly / Monthly Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - Rs. 18,000 to Rs. 49,999
Plan Brochure Brochure URL Brochure URL
Policy tenure 15 to 20 years 15 years, 21 years, and 25 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.