IN UNIT LINKED POLICIES, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER This advertisement is designed for combination of Benefits of two or more individual and separate products named ICICI Pru Elite Life II. The customer has the choice of purchasing any one or more products as per his/her need and choice and there is no compulsion whatsoever that these products are to be taken together as suggested by the Insurer and presented in this advertisement. The customer is expected to ask questions, understand and satisfy himself that this combination meets his/her specific needs better before deciding to purchase this combination. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of the individual products mentioned herein. Dream Home Dream Car Retirement Corpus Child’s Education Meeting your financial goals just got easier! With Invest for just 5 Years. Enjoy tax-free income for 20 years.
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IN UNIT LINKED POLICIES, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER This advertisement is designed for combination of Benefits of two or more individual and separate products named ICICI Pru Elite Life II. The customer has the choice of purchasing any one or more products as per his/her need and choice and there is no compulsion whatsoever that these products are to be taken together as suggested by the Insurer and presented in this advertisement. The customer is expected to ask questions, understand and satisfy himself that this combination meets his/her specific needs better before deciding to purchase this combination. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of the individual products mentioned herein.
Dream Home
Dream Car
Retirement Corpus
Child’s Education
Meeting your financial goalsjust got easier!
With
Invest for just 5 Years.Enjoy tax-free income for 20 years.
You wish the best for your family and tending to their needs is your top priority. Your child’s education, a new house, a long overdue vacation or securing your golden years, the list just keeps on increasing with time. You also want your family to be financially protected in case something unfortunate were to happen.As a responsible individual, you would be saving to fulfil these goals. However, wouldn’t it begreat if you had a second source of tax-free income to help you ensure that none of your dreams are compromised?We present "ICICI Prudential Tax-free Income Solution Elite" : A solution that offer you guaranteed Tax-free income for a period ranging from 10 to 20 years as per your choice, so that you don’t have to worry about your future expenses and are able to fulfil your financial goals without any interruption.goals without any interruption.goals without any interruption.goals without any interruption.
Key Benefits
Income
Protection
Safety Returns
Systematic investment:• Enjoy the benefits of both worlds: Initially invest in a low risk debt-oriented fund and
systematically build exposure in equity funds with potential for superior returns• Take advantage of rupee cost averaging to eliminate the need to time
your investments
Systematic withdrawal:• Receive tax-free regular income^ each year, for 20 years, starting from the age of 45• Optimize your income: During the income phase, your money will remain invested
in your chosen fund and you will get the benefit of market linked return
Protection:Get a life cover to protect your family against any eventuality
This solution is a combination of 4 ICICI Pru Elite Life II (a unit linked insurance plan) plans.These products are also available without this combination solution.
^Systematic income is available only if you opt for the settlement option at the time of maturity of each Policy. Maturity Benefit you receive will be tax-free subject to conditions under Section 10(10D) and prevailing tax laws.
The premium amounts shown here are inclusive of service tax & other applicable cesses. Tax rates are subject to change from time to time and shall be levied in addition to the above mentioned premium amounts.
The linked insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year. Please refer to the individual product brochures for terms and conditions on withdrawal/surrender after completion of five years.
In this solution, Anil will purchase 4 ICICI Pru Elite Life II plans.
Plan Product
ICICI Pru Elite Life II
ICICI Pru Elite Life II
ICICI Pru Elite Life II
ICICI Pru Elite Life II
5
5
5
5
10 ` 2,00,000
` 2,10,000
` 2,20,000
` 2,30,000
` 20,00,000
` 21,00,000
` 22,00,000
` 28,75,000
15
20
25
1
2
3
4
Premium payment
term(years)
Policy term(years)
Annual premium
Sum Assured
^Systematic income is available only if you opt for the settlement option at the time of maturity of each Policy. Maturity
Income:Avail the option to enjoy tax-free regular income^ for a period of 20 years
Returns:Enjoy market linked returns to build your desired corpus for retirement
Safety:Systematically invest in your chosen equity fund to protect your investments against market volatility and take advantage of rupee cost averaging
In this phase, you can avail the settlement option for a period of 5 years at the maturity of each ICICI Pru Elite Life II plan. This will provide you with regular income for a period of 20 years.
Benefits of Systematic Income
Year4% assumed rate of return 8% assumed rate of return
Maturity benefit as lump sum
Maturity benefit through
settlement option
Maturity benefit as lump sum
Maturity benefitthrough
settlement option10
11
12
13
14
15
16
17
18
19
20
21
22
` 11,20,707
0
0
0
0
` 13,59,507
0
0
0
0
` 16,44,461
0
0
0
` 2,24,141
` 2,29,515
` 2,35,018
` 2,40,653
` 2,46,423
` 2,71,901
` 2,78,420
` 2,85,096
` 2,91,932
` 2,98,932
` 3,28,892
` 3,36,778
` 15,29,329
0
0
0
0
` 22,66,187
0
0
0
0
` 33,58,172
0
0
0
` 3,05,866
` 3,25,246
` 3,45,854
` 3,67,768
` 3,91,070
` 4,53,237
` 4,81,954
` 5,12,491
` 5,44,963
` 5,79,492
` 6,71,634
` 7,14,189
Systematic investment of money
This solution allows you to invest in equity in a systematic manner. In this solution, initially your premiums will be invested in a debt-oriented fund. Every month, a proportion of your money will be transferred to an equity fund of your choice automatically. This will offer you two unique benefits:
1. Minimize the impact of the short term market volatility while transferring the investments from debt to equity funds.
2. Eliminates the need to time the market and also provides the benefit of rupee-cost-averaging.
Year4% assumed rate of return 8% assumed rate of return
Maturity benefit as lump sum
Maturity benefit through
settlement option
Maturity benefit as lump sum
Maturity benefit through
settlement option23
24
25
26
27
28
29
30
0
0
` 18,79,489
0
0
0
0
0
` 3,44,853
` 3,53,122
` 3,61,589
` 3,75,898
` 3,84,911
` 3,94,140
` 4,03,590
` 4,13,267
` 7,59,441
` 8,07,560
` 8,58,728
` 9,74,270
` 10,36,001
` 11,01,643
` 11,71,444
` 12,45,668
0
0
` 48,71,350
0
0
0
0
0
The total amount you pay over 5 years is `43,00,000. Total amount you receive, @ 8% ARR* `1,36,48,519 |@ 4% ARR* `62,99,075 over 20 years.
In the unfortunate event of your death, nominee will receive the death benefit. T&C 7
*ARR stands for Assumed Rate of ReturnThe above illustration is for 35 year old male with Tax-Free Income for 20 Years starting from the age of 45 years.For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits of what I might get back, as the value of my policy depends on a number of factors including future investment performance.
Premium of ` 8,60,000 p.a.
First payout @ 8% ARR* `3,05,866First payout @ 4% ARR* `2,24,141
Last payout @ 8% ARR* `12,45,668Last payout @ 4% ARR* `4,13,267
40 years
35 years
45 years
64 years
Terms and Conditions
1. This combination solution comprises a set of policies across one or more products of the company. These products are also available individually with the Company and it is not mandatory for customer to apply for this combination only. The customer is requested to go through the individual benefit illustrations of the products in the solution.
2. This solution is a combination of multiple ICICI Pru Elite Life II plans. This product is also available without this combination solution.
3. The benefit of this combination solution shall be as per respective product policy T&C and shall become payable only if you continue to pay premiums for the entire policy term / premium payment term, as the case may be.
4. Systematic income is available only if you opt for settlement option at the time of maturity of each policy.
5. The individual product under this solution has certain product features like Maturity Benefit etc. which offer options beyond the ones assumed in the benefit illustrations shown here. Your choice with respect to these will not be restricted to what has been shown here and you will be able to choose from all the options available at the time of purchase of the respective products.
6. Service tax and applicable cess at applicable rates will be deducted by way of cancellation of units from fund value. The tax laws are subject to amendments from time to time.
7. In the unfortunate event of death of the Life Assured during the term of the policy Sum Assured will be payable to the Nominee. Death benefit would get reduce on account of maturity of individual policy. For more details, please refer the detailed benefit illustration.
Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values and the customer shall be responsible for his/her decision. The names of the Company, Product names or fund options do not indicate their quality or future guidance on returns. Funds do not offer guaranteed or assured returns. Investments are subject to market risk.ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837.© 2016, ICICI Prudential Life Insurance Company Limited. Registered Address: - ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, term & conditions please read sales brochure carefully before concluding the sale. Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India). Trade Logo displayed above belongs to ICICI Bank Limited & Prudential IP Services Limited and used by ICICI Prudential Life Insurance Company Limited under license. Tax benefits under the policy are subject to conditions under the provisions of the Income Tax Act, 1961. Service tax & applicable cesses will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time. ICICI Pru Elite Life II (UIN: 105L141V01), SFIN: Opportunities Fund (ULIF 086 24/11/09 LOpport 105), Multi Cap Growth Fund ( ULIF 085 24/11/09 LMCapGro 105), Bluechip Fund (ULIF 087 24/11/09 LBluChip 105), Maximiser V (ULIF 114 15/03/11 LMaximis5 105), Multi Cap Balanced Fund (ULIF 088 24/11/09 LMCapBal 105), Income Fund (ULIF 089 24/11/09 LIncome 105) and Money Market Fund (ULIF 090 24/11/09 LMoneyMkt 105) Advt No.:L/II/1118/2016-17.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS IRDAI clarifies to public that• IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.• IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
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