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What is smart kid plan?

What is smart kid plan?

ICICI Prudential Smart Kid Premier is a unit linked insurance plan (ULIP) for the benefit of a child, where the parent is the Life Insured. Thus, the Fund Value is paid out on the policy maturity irrespective of whether the parent is alive or not. This plan can also cover both the parents.

What is Icici saving Suraksha plan?

ICICI Prudential Savings Suraksha Plan is a traditional savings plan providing future financial security by way of savings and life insurance protection. Best Investment Plans. Save Upto ₹46,800 in tax under Sec 80C. Inbuilt Life Cover. Tax Free Returns Unlike FD.

Which of the following products offered by Icici follows the policy of 5 pay 10 stay?

ICICI Pru Assured Savings Insurance Plan Provides 10 times of the Annual Premium as life cover. Provides five pay options and one can start it with the minimum premium of Rs. 30, 000 per annum. With five pay options, the plan offers a term of 10 years.

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Where can I find surrender value of Icici Prudential policy?

The Surrender Value payable is calculated as below. Depending on the year of policy discontinuance, the Surrender Value may be zero. For Five Pay, Surrender Value= Surrender Value Factor X Annual premium. For One Pay, Surrender Value= Surrender Value Factor X Single premium iii.

What is the best policy for child?

Best Child Insurance Plans in India

Child Plans Entry Age Maximum Maturity Age
Exide Life Mera Aashirvad Plan 21-50 years 65 years
Future Generali Assured Education Plan (Child Education Plan) 21-50 years 67 years
HDFC SL YoungStar Super Premium 18-65 years 75 years
ICICI Pru Smart kid Assure plan 20-54 years 64 years

How can I surrender my Icici smart kid policy?

To surrender your policy, you can visit any of our branches with the following documents:

  1. Surrender form.
  2. Policy document.
  3. A signed copy of the photo identity proof of the policy-holder, i.e. PAN card, Aadhaar card etc.
  4. Cancelled cheque of the bank account in which you wish to receive the surrender amount.
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What is Icici Pru cash advantage?

ICICI Prudential introduces ICICI Pru Cash Advantage, a unique savings and protection oriented plan which offers you a guaranteed amount every month for 10 years, a guaranteed lump sum at maturity, along with bonuses and life cover that provides financial security to your family in case of your death.