A Unit Linked Non-Participating Individual Life Insurance Plan

ICICI Pru Guaranteed Wealth Protector is plan that offers the potential for high returns, by investing a portion of your money in equity, while also providing the dual assurances of capital guarantee and life cover¹.

Your funds will be managed using the Guaranteed Wealth Protector Strategy. Under this strategy your monies will be allocated to an equity oriented fund and a debt oriented fund. At the start of the policy, a higher portion of your money will be invested in the equity oriented fund. Over time the allocation to the debt oriented fund will be increased in order to manage the guarantee. The allocation between the equity oriented fund and the debt oriented fund will be rebalanced periodically throughout the policy term. This regular reallocation will in turn determine the returns generated under the policy.

• Life Cover¹ for the entire policy term so that your family is financially secured even in your absence
• Protect your savings from market downturns through an Assured Benefit
• Pay premium just once or for a limited period of 5 or 7 years.
• Get rewarded with Loyalty Additions and Wealth Booster.
• Get tax benefits² on premiums paid and benefits received, as per prevailing tax laws

Benefits in detail

• Death Benefit
  In the unfortunate event of death of the Life Assured during the term of the policy, provided the monies are not in the Discontinuance Policy (DP) fund, the following will be payable:
  Death Benefit = A or B or C whichever is highest
  Where,
  A = Sum Assured, including Top-up Sum Assured, if any
  B = Minimum Death Benefit
  C = Fund Value including the Top-up Fund Value, if any
  Minimum Death Benefit will be 105% of the total premiums paid.
  
  Maturity Benefit
  On maturity of the policy, you will receive A or B, whichever is higher. Where,
  A = Fund Value including Loyalty Additions and Wealth Booster
  B = Assured Benefit
  
  Assured benefit for the policy will be as follows:
  
  • In case of One Pay, 101% of the Single Premium
  • In case of Five Pay & Seven Pay, 101% of the sum of all premiums paid
  
  Assured Benefit is applicable only on maturity of the policy and does not apply on death or surrender


• Loyalty Additions
  Loyalty Additions will be allocated as extra units at the end of every policy year, starting from the end of the sixth policy year, provided monies are not in DP Fund. Each Loyalty Addition will be equal to 0.25% of the average of the Fund Values on the last business day of the last eight policy quarters.
  
• Wealth Booster
  A Wealth Booster will be allocated as extra units at the end of the policy term. Wealth Booster will be a percentage of the average of Fund on the last business day of the last eight policy quarters as shown in the table below.
  
  

  Premium Payment Option	Wealth Booster
  One Pay	1.50%
  Five Pay and Seven Pay	3.25%