How can I know my Icici Prudential policy surrender value?

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.

Who is the reinsurer of Icici Prudential Life Insurance?

ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.

How can I revive my Icici Prudential policy online?

The process to revive your life insurance policy if you have not paid your premium for more than 6 months:

1. Pay the due amount and submit a Personal Health Declaration form at the nearest ICICI Pru Life branch.
2. Click here to download Personal Health Declaration form for the life policy.

What is Icici Prudential surrender?

Surrender is a mid-term termination of your life insurance policy. If you surrender your policy your life insurance cover will end and all your policy benefits will stop. On surrender of your policy your policy value will be paid to you as per the policy terms.

How do I claim maturity of Icici Prudential Life Insurance?

Step 1 – Insurance Claim Reporting

1. Submit Online. Submit your claim online.
2. Call ClaimCare. Call our 24X7 ClaimCare team on 1-860-266-7766.
3. Visit Branch. Visit your nearest ICICI Prudential Life Insurance branch.
4. E-mail Claim or Send SMS.
5. Direct Mail.

What is guaranteed insurance plan?

Guaranteed life insurance plans are products that offer guaranteed returns on savings, in addition to a life cover to secure the financial future of loved ones. A host of guaranteed savings products today offer the choice of opting for riders such as health or additional term cover to enhance protection.

Can we withdraw money from lapsed life insurance policy?

Insurance policies like ULIPs allow you to make partial withdrawals once the mandatory 5-year lock-in period is over. However, you should be careful while making withdrawals to make sure that the policy doesn’t lapse.

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