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Monday, January 24, 2011

ICICI PRUDENTIAL CASH BACK POLICY

ICICI PRUDENTIAL CASH BACK POLICY :
ICICI Prudential Life Insurance Company is introduced a new one policy that is ICICI Prudential Cash Back Policy.

ABOUT POLICY :
This policy is fixed term policy of 15 to 20 years, which premiums are payable by you throughout the term of the policy. In turn survivial benefits payments are made to you at regular intervals, to provide you with liquidity. Fully sum assured, along with the guaranteed additions at the rate of 3.5% compounded annually for the first 4 years and the vested bonouses would be payable on death, irrespective of the survivial benefits paid.

In your life, you always look forward to certain milestones. It may be the birth of a childrens in your family, the education of your childrens or purchasing a new home. These milestones have financial liabilities attached to them. What you require is an insurance plan that not only provides your family with adequate cover against any unfortunate event happenings with your life. But also provide you with liquidity to take care of financial requirements at these milestrones. Keeping this in mind, ICICI Prudential Life Insurance Company Limited, offers you in a single plan that combines the triple benefit of protection, savings and liquidity.

The policy have minimum entry 16 years to maximum 55 years, minimum maturity age limit is 31 years to maximum 70 years, policy terms are minimum 15 to maximum 20 years. Minimum per annum premium is 6,000 to maximum is un limited. Minimum Sum assured is 75,000 to maximum sum assured is no limit. Payments modes are yearly, half yearly and monthly system.

How does Policy works :
The survival benefits are payable are as per the rules. and On the death of the Life assured, the beneficiary will get the full sum assured, the guaranteed bonuses and the vested bonuses, irrespective of the survival benefits already paid.

For protection to your family against any unfortunate health hazards or eventuality, we offer you the following riders at a nominal extra cost with this plan.
Critical Illness Riders, Accident and Disability Benefits and Accident Benefit Riders.

Loan Against the Policy :
No available loan against this policy.

Conditions and exclusions are applicable :
Suicide : If the Life assured commits suicide whether sane or insane, within one year from the date of commencement of this policy, the policy shall be void and the premiums paid will be refunded after deducting the expenses incurred by the company for the issue of the policy date.

Contact :
For more details of this policy please contact to your nearest ICICI Prudential Life Insurance Company Limited or visit the website at www.iciciprulife.com for further details.

If you are decided to purchase this policy please contact +91-98860-43598.

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