ICICI Pru Signature
This is a unit linked insurance plan. In this policy, the investment risk associated with investment portfolio is borne by the Policyholder. Unit linked insurance products (ULIP) do not offer any liquidity during the first 5 years of the contract. The insured person will not be able to surrender / withdraw funds invested or wholly or partially invested in unit linked insurance products by the end of the fifth year.
Key benefits of ICICI Pru Signature
• Financial Protection: Life Cover for the entire policy term so that your family is financially secured even in your absence.
• Return of Charges: No Premium allocation charges. Return of mortality charge and policy administration charges at maturity. +
• Investment Flexibility: Choice of 4 portfolio strategies and 13 funds across equity, balanced and debt to suit your investment needs. Also enjoy the flexibility to opt for Change in Portfolio Strategy (CIPS).
• Unlimited Free Switches: Switch between the funds as many times for Fixed Portfolio Strategy, completely free of cost.5
• Wealth Boosters: Get rewarded with Wealth Boosters2 at regular intervals by just staying invested in the plan.
• Money at regular intervals: Get money at regular intervals to fund your different life goals with Systematic Withdrawal Plan3. Get Partial Withdrawals without any penalty or reduction in life cover.
• Tax Benefits*: Get tax-free maturity amount subject to Sec 10(10D) and tax benefits on premium paid under Sec 80 C.
https://www.iciciprulife.com/content/dam/icicipru/brochures/IPru-Signature-Online-Brochure.pdf,
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