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Hi DEAR SIR,
Congratulations on taking the first step towards
securing your retirement through a plan designed
to give you a lifelong guaranteed income
Annuity starts
Age 67 78 80
Years
You get:
The dates and ages mentioned in the illustration throughout the document are only indicative.
Tax benefits as per prevailing tax laws.
Detailed break-up of premium amount
Instalment Premium
` 1,00,000/- ` 4,501/- ` 1,04,501/- Section 80C
for 1st year
Instalment Premium
` 1,00,000/- ` 2,251/- ` 1,02,251/- Section 80C
from 2nd year onwards
` 2.50 Lakh Cr
24 hrs claim settlement
Assets under management as on
Quick claim settlement
March 31, 2023
process available
Tax Saving
Get tax benefits on
premium paid
ICICI Prudential Life Insurance Company. IRDAI Regn No. 105. CIN:L66010MH2000PLC127837.
ICICI Prudential Life Insurance Company Limited. Registered Address:1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. ICICI Pru Guaranteed
Pension Plan Flexi UIN: 105N187V04. For more details on the risk factors, term & conditions please read the policy document. COMP/DOC/Mar/2022/223/7706.
Benefit Illustration Of ICICI Pru Guaranteed Pension Plan
Flexi
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy
Policy Details
Policy Option (Plan option selected Single Life With Return of Premium Annuity as per frequency chosen by you : Rs. 118,729
by You) :
Guaranteed Additions (GA) option GA II Frequency of annuity payments : Yearly
chosen by You :
Annuity payable in a year : Rs. 118,729
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST and Cesses, if any 100,000 - 100,000
Instalment Premium with first year GST and Cesses, if any 104,501 - 104,501
Instalment Premium with GST and Cesses, if any from 2nd year 102,251 - 102,251
onwards
Benefit Details
Policy Year Age of the Primary Annualized Guaranteed Benefits Non-Guaranteed Surrender Value
Annuitant at Premium (Rs.) Benefits payable
beginning of policy
year
Annuity payments Accrued Death Minimum Special Surrender
(Rs.) Guaranteed Benefit(Benefit Guaranteed Value (Rs.)
Additions (Rs.) amount payable Surrender Value
on death of last (Rs.)
surviving
Annuitant) (Rs.)
1 67 100,000 0 6,000 106,000 0 0 0
2 68 100,000 0 18,000 218,000 60,000 89,162 89,162
3 69 100,000 0 36,000 336,000 105,000 146,068 146,068
4 70 100,000 0 60,000 460,000 200,000 212,713 212,713
5 71 100,000 0 90,000 590,000 250,000 290,344 290,344
6 72 100,000 0 126,000 726,000 300,000 380,536 380,536
7 73 100,000 0 168,000 868,000 350,000 484,823 484,823
8 74 100,000 0 216,000 1,016,000 480,000 605,152 605,152
9 75 100,000 0 270,000 1,170,000 630,000 743,436 743,436
10 76 100,000 0 330,000 1,330,000 800,000 902,126 902,126
11 77 100,000 0 396,000 1,496,000 990,000 1,083,736 1,083,736
12 78 100,000 0 468,000 1,668,000 1,080,000 1,235,507 1,235,507
13 79 0 118,729 468,000 1,668,000 0 1,232,200 1,232,200
14 80 0 118,729 468,000 1,549,271 0 1,229,252 1,229,252
15 81 0 118,729 468,000 1,430,542 0 1,225,477 1,225,477
16 82 0 118,729 468,000 1,311,813 0 1,222,062 1,222,062
17 83 0 118,729 468,000 1,200,000 0 1,217,580 1,200,000
18 84 0 118,729 468,000 1,200,000 0 1,214,525 1,200,000
19 85 0 118,729 468,000 1,200,000 0 1,210,163 1,200,000
20 86 0 118,729 468,000 1,200,000 0 1,205,800 1,200,000
21 87 0 118,729 468,000 1,200,000 0 1,202,266 1,200,000
22 88 0 118,729 468,000 1,200,000 0 1,197,303 1,197,303
23 89 0 118,729 468,000 1,200,000 0 1,193,048 1,193,048
24 90 0 118,729 468,000 1,200,000 0 1,189,381 1,189,381
25 91 0 118,729 468,000 1,200,000 0 1,184,993 1,184,993
26 92 0 118,729 468,000 1,200,000 0 1,180,953 1,180,953
27 93 0 118,729 468,000 1,200,000 0 1,176,072 1,176,072
28 94 0 118,729 468,000 1,200,000 0 1,171,419 1,171,419
29 95 0 118,729 468,000 1,200,000 0 1,166,873 1,166,873
30 96 0 118,729 468,000 1,200,000 0 1,162,315 1,162,315
31 97 0 118,729 468,000 1,200,000 0 1,157,744 1,157,744
32 98 0 118,729 468,000 1,200,000 0 1,151,972 1,151,972
33 99 0 118,729 468,000 1,200,000 0 1,147,256 1,147,256
34 100 0 118,729 468,000 1,200,000 0 1,142,286 1,142,286
Annuity will be payable for as long as either of the Annuitants are alive.
Note: Annualised Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any,
Goods and Service Tax and Cesses, if any.
Place: Place:
Date: Signature of Agent / Intermediary / Official Date: Signature of Prospect / Policyholder