IN ULIPS, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

This is a unit linked insurance plan. In this policy, the investment risk in investment portfolio is borne
by the Policyholder. Unit linked Insurance products do not offer any liquidity during the first five years
of the contract. The Policyholder will not be able to surrender/withdraw the monies invested in unit
linked insurance products completely or partially till the end of the fifth year.

Presenting ICICI Pru Signature - a

savings and protection oriented unit
linked insurance plan, designed for the
preferred customer like you. Along with
a life cover to secure your family in
case you are not around, this plan offers
flexible investment options to help you
achieve your goals.
 What makes ICICI PruSignature special

Life Cover for the entire policy term Return of all Premium Allocation
so that your family is financially charges more than once throughout
secured even in your absence the policy term

Wealth Boosters at the end of every

Value Benefit in year 2 and year 6 to
5 years starting from the end of 10th
reward higher contributions
policy year

Flexible options: Choice of Enjoy policy benefits till 99 years

4 portfolio strategies and wide range
of age with Whole Life policy
of funds across equity, balanced and
term option
debt to suit your investment needs

Systematic withdrawal plan to Tax benefits may be applicable on

withdraw money regularly from premiums paid and benefits received
your policy as per prevailing tax lawsT&C2
 ICICI Pru Signature plan options

Higher the premium, higher are the benefits

For more details on Life cover, refer section “Death Benefit” under “Benefits in detail”.

Plan Annualised Premium Benefits

Return of all premium allocation charges +
Advantage ` 1,00,000 – 4,99,999
Wealth Boosters
Return of all premium allocation charges +
Premier ` 5,00,000 – 9,99,999
Wealth Boosters + Value Benefit in year 2
Return of all premium allocation charges + Wealth Boosters
Exclusive ` 10,00,000 and above
+ Value Benefit in year 2 + Value Benefit in year 6

Return of Premium Allocation Charges

The total of Premium Allocation Charges (excluding Top-up premium allocation charges) deducted in the policy net of taxes will be
added back to the Fund Value at the end of 10th policy year. The same amount will be added again at the end of every 5th policy year
thereafter. So, longer you stay with us, the more we add to your corpus!

Wealth Boosters

We will contribute to your wealth creation by allocating extra units to your policy at the end of every 5th policy year starting from the
end of 10th policy year till the end of your policy term.
 Value Benefit

Investing is about creating value and to help create more value on your investment we reward you with Value Benefit based on your
plan option.
It is 5% of the annual premium and will be added to the fund value as extra units on receipt of 2nd year’s premium for Premier Plan
and on receipt of 2nd year and 6th year’s premiums for Exclusive Plan. For non-annual modes of premium payment, value benefit will
be added as and when modal premiums are received for Premier and Exclusive plan option.

Plan option
Policy Year
Premier Exclusive
2 5% 5%
6 - 5%

Value Benefit in 6th policy year is not applicable for premium payment term of 5 years.
Value Benefit is not applicable for Single Pay policies and on top-up premiums.
All these additions will be allocated among the funds in the same proportion as the value of total units held in each fund at the time
of allocation.

Start your wealth creation journey with 4 simple steps

• Decide the plan option, level of life cover, premium amount, premium payment option and policy term to match your financial
protection and savings needs
• Choose the Portfolio Strategy and funds you want to invest in
• In case of your unfortunate death during the policy term, your nominee/ legal heir will receive the death benefit
• On maturity of the policy, get maturity benefit as a lump sum or as periodic payouts through settlement option
 ICICI Pru Signature at a glance

Premium payment term (PPT)

Premium payment option Premium payment term Policy Term (in years)
Single Pay Single Premium (SP) 10 to 30
Limited Pay 5, 7 and 10 years 10 to 30
Regular Pay Same as policy term 10 to 30

For Whole Life option, Limited Pay: 7, 10 and 15 years

Minimum/Maximum Policy terms in years

Limited Pay/ Regular Pay

Policy Terms (in years)

Age at entry (last birthday)
PPT = 5 years PPT = 7 years and higher
0 to 41 years 10 to 30 years 10 to 30 years, Whole Life
42 to 50 years 10 to 25 years 10 to 25 years, Whole Life
51 to 53 years 10 to 20 years 10 to 20 years, Whole Life
54 to 56 years 10 years 10 to 15 years, Whole Life
57 to 58 years 10 years* 10 years, Whole Life
59 to 65 years - 10 years, Whole Life

*Minimum Annual Premium is ` 5 Lakhs

For Whole Life policy term option, policy term will be equal to 99 minus Age at entry
 Single Pay:

Age at entry Policy Terms (in years)

(last birthday) For Sum Assured multiple of 1.25 times of SP For Sum Assured multiple of 10 times of SP
0 to 27 years 10 to 30 10 to 30
28 to 30 years 10 to 30 10 to 25
31 to 33 years 10 to 30 10 to 20
34 to 36 years 10 to 30 10 to 15
37 to 39 years 10 to 30 10
40 to70 years 10 to 30 -
Above maximum policy terms are subject to the maximum age at maturity of 80 years

Single Pay: ` 2,00,000 p.a. - Unlimited

Minimum / Maximum premium
Limited/Regular Pay: ` 1,00,000 p.a. – Unlimited

Premium payment modes Single, Yearly, Half-Yearly and Monthly

Sum Assured

Single Pay:

Age at entry Minimum Sum Assured Maximum Sum Assured

0 to 39 years 1.25 X Single Premium 10 X Single Premium
40 years and above 1.25 X Single Premium 1.25 X Single Premium

Note: Sum Assured multiples in between the minimum and maximum limits are not available in Single Pay option

Limited and Regular Pay

For policies other than Whole Life:

Minimum Sum Assured : 7 X Annualised premium

Maximum Sum Assured : As per maximum Sum Assured multiples
 Maximum Sum Assured multiples (of Annualised Premium):

Age at entry (in years) Base Plan only Base Plan + ICICI PruAccidental Death Rider
Upto 17 15 -
18 to 36 20 20
37 to 41 15 15
42 to 46 12.5 12.5
47 to 55 10 10
56 to 60 10 -
61 to 65 7 -
For Whole Life option:
Age at entry (in years) Minimum Sum Assured Maximum Sum Assured
Higher of (10 X Annualised Premium and
0 - 44 7 X Annualised Premium ( (70- Age at entry) X 0.5 X Annualised Premium)
45 - 57 7 X Annualised Premium 10 X Annualised Premium
58 - 65 7 X Annualised Premium 7 X Annualised Premium

Minimum entry age: 0 years

Maximum entry age:
Age at entry Single Pay: 70 years, Limited/ Regular Pay: 65 years
For minor lives, life cover commences from the date of commencement of the policy. In
case of minor life assured, the policy does not vest in the name of the life assured when
he / she turns major during the policy term.
For policies other than Whole Life: Minimum maturity age: 18 years
Maximum maturity age: Single Pay: 80 years,
Age at maturity Limited / Regular Pay: 75 years

For Whole Life option: Maturity age: 99 years

• Please note that by opting for higher sum assured multiples, your policy will be more protection oriented and may result in faster depletion
of your fund value, especially at higher ages.
• Plan your life goals with Whole Life policy term option. You can withdraw funds at various intervals to fund different goals such as
children’s education, dream house or additional money for day-to-day expenses. You can also use Systematic Withdrawals to plan regular
payouts in your post retirement years.
 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 to the Nominee, or in the absence of a Nominee, the Legal heir.
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 including Top-up premiums, if any received up to the date of death.

Maturity Benefit

On maturity of the policy, you will receive the Fund Value including the Top-up Fund Value, if any. You have the option to receive the
Maturity Benefit either as a lump sum or as a structured payout using Settlement Option.

Wealth Boosters

We will contribute to your wealth creation by allocating extra units to your policy at the end of every 5th policy year starting from the
end of 10th policy year till the end of your policy term as below:

Wealth Booster
Premium payment term End of every 5 years
End of 10th year
starting from 15th year
5 years 0% 1.00%
7 years 0.50% 1.75%
10 years and above 1.50% 2.75%
Single Pay 1.50% 1.50%
Wealth Boosters will be a percentage of the average Fund Values including Top-up Fund Value, if any, on the last business day of the
last eight policy quarters.
If the premium payment is discontinued anytime after 5 years but before 7 years, premium payment term of 5 years will be
considered for the purpose of deciding Wealth Boosters to be paid for the rest of the policy term as per the table above. If premium
payment is discontinued anytime after 7 years but before 10 years, premium payment term of 7 years will be considered for the
purpose of deciding Wealth Boosters to be paid for the rest of the policy term as per the table above.
Allocation of Wealth Boosters to the fund is guaranteed and shall not be revoked by the Company under any circumstances.

Partial Withdrawal Benefit

This facility is designed to help you provide liquidity so that any immediate financial need can be met. You can avail this any time after
the completion of five policy years, provided the monies are not in the Discontinued Policy (DP) fund. You can make unlimited number
of partial withdrawals as long as the total amount of partial withdrawals in a year does not exceed 20% of the Fund Value in a policy
year. The partial withdrawals are free of cost.
The following conditions apply on partial withdrawals:
• Partial withdrawals are allowed only after the first five policy years and on payment of all premiums for the first five policy years.
• Partial withdrawals are allowed only if the Life Assured is at least 18 years of age.
• For the purpose of partial withdrawals, lock in period for the Top-up premiums will be five years or any such limit prescribed by
IRDAI from time to time.
• Partial withdrawals will be made first from the Top-up Fund Value which has completed the lock in period, as long as it supports
the partial withdrawal, and then from the Fund Value built up from the base premium(s).
• For Limited and Regular Pay policies, partial withdrawal will be allowed till the Fund Value reaches two times of the annual premium.T&C10
• The minimum value of each partial withdrawal is ` 2,000.
Systematic Withdrawal Plan (SWP): Under Partial Withdrawal facility, you can choose to opt for Systematic Withdrawal Plan
(SWP). This facility allows you to withdraw a pre-determined percentage of your fund value regularly. This can help you to meet
specific needs such as child’s education or money for day-to-day expenses during, retirement.
• Systematic Withdrawal Plan is allowed only after the first five policy years.
• The payouts may be taken monthly, quarterly, half-yearly or yearly, on a specified date and are payable in advance. This specified
date can be 1st or 15th of a month. The first payout is made on the withdrawal start date specified by you.
• This facility can be opted at policy inception or anytime during the policy term. You may modify or opt-out of the facility by
notifying us.
• All conditions applicable for partial withdrawals such as minimum and maximum withdrawal amount, age, etc. will be applicable
for Systematic Withdrawal Plan as well. Both SWP and partial withdrawal can be availed simultaneously.
• For example, if you choose 6% p.a. of the fund value to be withdrawn yearly, then an amount equal to 6% of the fund value would
be paid on the chosen date every year.

Settlement Option

You have an option to receive the Maturity Benefit as a structured payout using Settlement Option.

• With this facility, you can opt to get payments on a yearly, half yearly, quarterly or monthly (through ECS) basis, over a period of
one to five years, post maturity.
• The first payout of the settlement option will be made on the date of maturity.
• At any time during the settlement period, you have the option to withdraw the entire Fund Value.
• During the settlement period, the investment risk in the investment portfolio is borne by you.
• Only the Fund Management Charge and mortality charge, if any, would be levied during the settlement period.
• No ‘Return of Premium Allocation Charges’, Wealth Boosters or Value Benefit will be added during this period.
• You may avail facility of switches as per the terms and conditions of the policy. Partial withdrawals and CIPS are not allowed
during the settlement period.
• Rider cover shall not be available during the settlement period.
• In the event of death of the Life Assured during the settlement period, Death Benefit payable to the nominee as lump sum will be:
Death Benefit during the settlement period = A or B whichever is highest
Where,
A = Fund Value including Top-up Fund Value, if any
B = 105% of total premiums paid
On payment of Death Benefit, the policy will terminate and all rights, benefits and interests under the policy will be extinguished.
• On payment of last instalment of the settlement option, the policy will terminate and all rights, benefits and interests under the
policy will be extinguished.

Unlimited free switches between funds for Fixed Portfolio Strategy:

If you choose the Fixed Portfolio strategy, you can switch units from one fund to another depending on your financial priorities and
investment outlook as many times as you want. This benefit is available to you without any charge. The minimum switch amount is
` 2,000. Switches are not applicable for other portfolio strategies.

Change in Portfolio Strategy (CIPS)

You can change your portfolio strategy up to four times in a policy year. This facility is provided free of cost. Any unutilized CIPS
cannot be carried forward to the next policy year.

Premium Redirection

This feature is applicable only if you have opted for the Fixed Portfolio Strategy and provided monies are not in DP Fund. If you have
selected Fixed Portfolio Strategy, at policy inception you specify the funds and the proportion in which the premiums are to be
invested in the funds. At the time of payment of subsequent premiums, the split may be changed without any charge. This will not
count as a switch. This benefit is not applicable for the Single Pay option.
 Top-up

You can invest any surplus money as Top-up premium, over and above the base premium(s), into the policy.
The following conditions apply on Top-ups:
• The minimum Top-up premium is ` 2,000.
• Your Sum Assured will increase by Top-up Sum Assured when you avail of a Top-up. Limits on Top-up Sum Assured multiples are
the same as those applicable for the Single Pay premium payment option and are based on the age of the life assured at the time
of paying the Top-up premium.
• Top-up premiums can be paid any time except during the last five years of the policy term, subject to underwriting, as long as all
due premiums have been paid.
• A lock-in period of five years would apply for each Top-up premium for the purpose of partial withdrawals only.
• At any point during the term of the policy, the total Top-up premiums paid cannot exceed the sum of base premium(s) paid till
that time.
• The maximum number of top-ups allowed during the policy term is 99.

Increase/Decrease in Sum Assured

You can choose to increase or decrease your Sum Assured during the policy term provided all due premiums till date have been paid.
• Increase or decrease in Sum Assured will not change the premium payable under the policy.
• An increase in Sum Assured is allowed, subject to underwriting, before the policy anniversary on which the life assured is aged
60 years completed birthday.
• Decrease in Sum Assured is allowed up to the minimum allowed under the policy.
• Such increases or decreases would be subject to maximum Sum Assured multiple limits. Any medical cost for this purpose would
be borne by you and will be levied by redemption of units.

Increase/Decrease in Premium Payment Term

• Provided all due premiums have been paid, you can choose to increase or decrease the Premium Payment Term by notifying the
Company.
• Increase or decrease in Premium Payment Term is allowed subject to the Premium Payment Terms allowed under the policy.
• Increase or Decrease in Premium Payment Term must always be in multiples of one year.
• Decrease in Premium Payment Term will be allowed up to 7 years only.
This benefit is not applicable for the Single Pay option.
 Increase/Decrease in Policy Term

• You can choose to increase or decrease your policy term by notifying the Company.
• Increase or decrease in terms is allowed subject to the Policy terms allowed under the policy.
• An increase in policy term is allowed, subject to underwriting.

Benefits of staying invested for the long term

Lower reduction in yield:

The longer you stay invested in your ICICI PruSignature policy, the better can be the expected returns. The table below shows the
Reduction in Yield (RIY) at 8% investment return for premium paying term of 7 years with 100% of investment in Maximiser V fund.
The lower the RIY, the better it is for you.

RIY in ICICI Pru RIY in ICICI Pru RIY in ICICI Pru

At the RIY stipulated
Signature - Advantage Signature - Premier Signature - Exclusive
end of year by IRDAI#
(Annual premium: 3 lakhs) (Annual premium: 5 lakhs) (Annual premium: 10 lakhs)
10 3.00% 2.04% 1.76% 1.55%
15 2.25% 1.52% 1.33% 1.19%
30 2.25% 1.19% 1.09% 1.01%

The RIY has been calculated after applying all the charges (except Goods & ServicesTax, mortality charges and rider charges, if any).
#
RIY stipulated is as per IRDA (Linked Insurance Products) Regulation, 2013.
 Choice of four portfolio strategies

1 Target Asset Allocation Strategy

This strategy enables you to choose an asset allocation that is best suited to your risk appetite and maintains it throughout the
policy term.
You can allocate your premiums between any two funds available with this policy, in the proportion of your choice. Your portfolio will
be rebalanced every quarter to ensure that this asset allocation is maintained.
The re-balancing of units shall be done on the last day of each Policy quarter. You can avail this option at inception or at any time later
during the Policy Term.

2 Trigger Portfolio Strategy 2

For an investor, maintaining a pre-defined asset allocation is a dynamic process and is a function of constantly changing markets. The
Trigger Portfolio Strategy 2 enables you to take advantage of substantial equity market swings and invest on the principle of “buy low,
sell high”.
Under this strategy, your investments will initially be distributed between two funds Multi Cap Growth Fund, an equity oriented fund,
and Income Fund, a debt oriented fund in a 75%: 25% proportion. The fund allocation may subsequently get altered due to market
movements. We will re-balance funds in the portfolio based on a pre-defined trigger event.
Working of the strategy:
• The trigger event is defined as a 10% upward or downward movement in NAV of Multi Cap Growth Fund, since the previous
rebalancing. For determining the first trigger event, the movement of 10% in NAV of Multi Cap Growth Fund will be measured
vis-à-vis the NAV at the inception of your strategy.
• On the occurrence of the trigger event, any fund value in Multi Cap Growth Fund which is in excess of three times the Income
Fund, fund value is considered as gains and is transferred to the liquid fund - Money Market Fund by cancellation of appropriate
units from the Multi Cap Growth Fund. This ensures that gains are capitalized, while maintaining the asset allocation between
Multi Cap Growth Fund and Income Fund at 75%:25%
• In case there are no gains to be capitalized, funds in Multi Cap Growth Fund, Income Fund and Money Market Fund are
redistributed in Multi Cap Growth Fund and Income Fund in 75:25 proportion.
 3 Fixed Portfolio Strategy

This strategy enables you to manage your investments actively. Under this strategy, you can choose to invest your monies in any of
the following fund options in proportions of your choice. You can switch monies amongst these funds using the switch option.
The details of the funds are given in the table below:

Potential Risk-
Fund Name and Its Objective Asset Allocation % (Min) % (Max) Reward Profile
Equity and Equity
Focus 50 Fund: To provide long-term capital 90% 100%
Related Securities
appreciation from equity portfolio invested
Debt 0% 10% High
predominantly in top 50 stocks.
SFIN: ULIF 142 04/02/19 FocusFifty 105 Money Market and Cash 0% 10%

Opportunities Fund: To generate superior long-term Equity and Equity

returns from a diversified portfolio of equity and 80% 100%
Related Securities
equity related instruments of companies operating in
four important types of industries viz., Resources, High
Debt 0% 20%
Investment-related, Consumption-related and Human
Capital leveraged industries.
SFIN: ULIF 086 24/11/09 LOpport 105 Money Market and Cash 0% 20%

Value Enhancer Fund: To achieve long-term capital Equity and Equity

appreciation through investments primarily in equity 85% 100%
Related Securities
and equity-related instruments in sectors that are High
emerging or witnessing a inflection in growth trajectory. Debt 0% 15%
SFIN: ULIF 139 24/11/17 VEF 105
Money Market and Cash 0% 15%
Multi Cap Growth Fund: To generate superior Equity and Equity
80% 100%
long-term returns from a diversified portfolio of equity Related Securities
and equity related instruments of large, mid and small High
Debt 0% 20%
cap companies.
SFIN: ULIF 085 24/11/09 LMCapGro 105 Money Market and Cash 0% 20%
Equity and Equity
Bluechip Fund: To provide long-term capital 80% 100%
Related Securities
appreciation from equity portfolio predominantly
Debt 0% 20% High
invested in large cap stocks.
SFIN: ULIF 087 24/11/09 LBluChip 105 Money Market and Cash 0% 20%
 Potential Risk-
Fund Name and Its Objective Asset Allocation % (Min) % (Max) Reward Profile
India Growth Fund: To generate superior long-term
capital appreciation by investing at least 80% in a Equity and Equity
80% 100%
diversified portfolio of equity and equity related Related Securities
securities of companies whose growth is propelled by
High
India’s rising power in domestic consumption and
Debt 0% 20%
services sectors such as Automobiles, Retail,
Information Technology, Services and Energy.
SFIN: ULIF 141 04/02/19 IndiaGrwth 105 Money Market and Cash 0% 20%

Equity and Equity

Maximiser V: To achieve long-term capital appreciation 75% 100%
Related Securities
through investments primarily in equity and
Debt 0% 25% High
equity-related instruments of large and mid cap stocks.
SFIN: ULIF 114 15/03/11 LMaximis5 105 Money Market and Cash 0% 25%
Maximise India Fund: To offer long term wealth Equity and Equity
80% 100%
maximization by managing a diversified equity portfolio, Related Securities
predominantly comprising of companies in NIFTY 50 & High
Debt 0% 20%
NIFTY Junior indices.
SFIN: ULIF 136 11/20/14 MIF 105 Money Market and Cash 0% 20%

Multi Cap Balanced Fund: To achieve a balance Equity and Equity

0% 60%
between capital appreciation and stable returns by Related Securities
investing in a mix of equity and equity related
Debt 20% 70% Moderate
instruments of large, mid and small cap companies and
debt and debt related instruments.
SFIN: ULIF 088 24/11/09 LMCapBal 105 Money Market and Cash 0% 50%

Active Asset Allocation Balanced Fund: To provide Equity and Equity

capital appreciation by investing in a suitable mix of 30% 70%
Related Securities
cash, debt and equities. The investment strategy will
Moderate
involve a flexible policy for allocating assets among Debt 30% 70%
equities, bonds and cash.
SFIN: ULIF 138 15/02/17 AAABF 105 Money Market and Cash 0% 40%
 Potential Risk-
Fund Name and Its Objective Asset Allocation % (Min) % (Max) Reward Profile

Secure Opportunities Fund: To provide accumulation

of income through investment in various fixed income Debt 60% 100%
securities. The fund seeks to provide capital
Low
appreciation while maintaining a suitable balance
between return, safety and liquidity. Money Market and Cash 0% 40%
SFIN: ULIF 140 24/11/17 SOF 105

Income Fund: To provide accumulation of income

through investment in various fixed income securities. Debt 40% 100%
The fund seeks to provide capital appreciation while
Low
maintaining a suitable balance between return, safety
and liquidity. Money Market and Cash 0% 60%
SFIN: ULIF 089 24/11/09 LIncome 105

Money Market Fund: To provide suitable returns

Debt 0% 50%
through low risk investments in debt and money
market instruments while attempting to protect the Low
capital deployed in the fund.
Money Market and Cash 50% 100%
SFIN: ULIF 090 24/11/09 LMoneyMkt 105

Within the Fixed Portfolio Strategy you also have the option to select Automatic Transfer Strategy (ATS). If this is chosen you can
invest all or some part of your investment in Money Market Fund or Income Fund and transfer a fixed amount in regular monthly
instalments into any one of the following funds: Bluechip Fund, Maximiser V, Multi Cap Growth Fund, Maximise India Fund, Value
Enhancer Fund, Opportunities Fund, Focus 50 Fund or India Growth Fund. There would be no additional charges for ATS. The following
conditions apply to ATS.
• The minimum transfer amount under ATS is ` 2,000.
• This transfer will be done in equal instalments in not more than 12 monthly instalments.
• ATS would be executed by redeeming the required number of units from fund chosen at the applicable unit value and allocating
new units in the destination fund at the applicable unit value.
• At inception, you can opt for a transfer date of either the first or fifteenth of every month. If the date is not mentioned the funds
will be switched on the first day of every month. If the first or the fifteenth of the month is a non-valuation date, then the next
working day’s NAV would be applicable.
Once selected, ATS will be renewed and would be regularly processed for the entire term of the policy or until the Company is notified,
through a written communication, to discontinue the same.
 4 Lifecycle based Portfolio Strategy 2

Your financial needs are not static and keep changing with your life stage. It is, therefore, necessary that your policy adapts to your
changing needs. This need is fulfilled by the LifeCycle based Portfolio Strategy 2.

Key features of this strategy

• Age based portfolio management

At Policy inception, your investments are distributed between two funds, Multi Cap Growth Fund and Income Fund, based on your
age. As you move from one age band to another, your funds are re-distributed based on your age. The age wise portfolio
distribution is shown in the table.
Asset allocation details at Policy inception and during the Policy term

Age of Life Assured (years) Multi Cap Growth Fund Income Fund
Up to 25 80% 20%
26 – 35 75% 25%
36 – 45 65% 35%
46 – 55 55% 45%
56 – 65 45% 55%
66 + 35% 65%

• Quarterly rebalancing

On a quarterly basis, units shall be rebalanced as necessary to achieve the above proportions of the Fund Value in the Multi Cap
Growth Fund and Income Fund. The re-balancing of units shall be done on the last day of each Policy quarter. The above
proportions shall apply until the last ten quarters of the Policy are remaining.

• Safety as you approach maturity

As your Policy nears its maturity date, you need to ensure that short-term market volatility does not affect your accumulated
savings. In order to achieve this, your investments in Multi Cap Growth Fund will be systematically transferred to Income Fund in
ten instalments in the last ten quarters of your Policy.
The Policyholder can only have his funds in one of the Portfolio Strategies.
 Illustration

Age at entry: 35 years

Premium payment option: Limited Pay Premium payment mode: Annual
Amount of instalment premium: ` 2,00,000 Sum Assured: ` 20,00,000
Premium payment term: 7 years Policy term: 15 years

Assumed investment returns 8% p.a. 4% p.a.

Fund Value at Maturity ` 28,22,869 ` 18,02,758

Age at entry: 45 years

Premium payment option: Limited Pay Premium payment mode: Annual
Amount of instalment premium: ` 5,00,000 Sum Assured: ` 50,00,000
Premium payment term: 10 years Policy term: Whole Life (54 years)

Fund Value at 8% p.a. Fund Value at 4% p.a.

Age Completed Policy Year
assumed investment returns assumed investment returns
65 20 1,36,47,956 76, 99,224
85 40 5,23,81,362 1,44,54,696
99 54 13,00,50,198 2,14,72,771

The above illustrations are for a healthy male life with 100% of his investments in Maximiser V. The above are illustrative maturity
values, net of all charges, Goods & Services Tax and cesses, if any. Since your policy offers variable returns, the given illustration
shows different rates of assumed future investment returns. The returns shown in the benefit illustration are not guaranteed and they
are not the upper or lower limits of what you might get back, as the value of your policy depends on a number of factors including
future investment performance.
 Secure your family under
Married Woman’s Property Act (MWPA)

Through this feature, you have an option to secure the corpus for the benefit of your wife and children as the funds under the policy cannot
be attached by creditors and claimants*.
Under section 6 of the Married Woman’s Property Act, 1874, a married man can take an insurance policy on his own life, and express it
to be for the benefit of his wife and children. When such intent is expressed on the face of the policy, it shall be deemed to be a trust for
the benefit of the named beneficiaries and it shall not be subject to the control of the husband, or his creditors, or form part of his estate.
*Unless taken otherwise with the intent to defraud creditors. In case of any third party claim in the Courts of India with regards the
insurance proceeds, the amount shall be subject to the judiciary directions.
Please seek professional legal advice for the applicability of this provision.

Additional protection through riders

Avail Additional protection through ICICI Pru Unit Linked Accidental Death Rider (UIN: 105A025V01)
Under this rider, Accidental Death Rider Sum Assured will be payable in addition to death benefit if death is due to accident. The
maximum cover ceasing age of this rider is 65 years and hence, the rider cover will be available till age 65 or base policy term,
whichever is earlier. For more details on rider charges and terms and conditions, please refer to rider brochure.

Charges under the policy

Premium Allocation Charge

Premium Allocation Charge depends on the premium payment option and the premium payment mode chosen. It is deducted from
the premium amount at the time of premium payment and units are allocated in the chosen funds thereafter. This charge is expressed
as a percentage of premium.

• Single Pay: 3% • Limited Pay and Regular Pay:

For annual mode of premium payment

Year 1-7 Year 8-9 Year 10 Thereafter

5% 2% 1% 0%

For other than annual mode of premium payment

Year 1 Year 2 Year 3 - 7 Year 8 - 9 Year 10 Thereafter

5% 3.75% 3.5% 2% 1% 0%

Allocation charge of 2% is applicable on top-ups.

The total of Premium Allocation Charges(excluding Top-up premium allocation charges) deducted in the policy net of taxes will be
added back to the Fund Value at the end of 10th policy year. The same amount will be added again to the Fund Value at the end of
every 5th policy year thereafter.

For example, these additions for an annual mode of premium payment will be:

Premium Payment Term Addition as a % of one Annualised Premium

5 years 25%
7 years 35%
10 years and above 40%

Fund Management Charge (FMC)

The following fund management charges will be applicable and will be adjusted from the NAV on a daily basis. This charge will be a
percentage of the Fund Value.
Fund FMC p.a. Fund FMC p.a.
Focus 50 Fund 1.35% Multi Cap Balanced Fund 1.35%
India Growth Fund 1.35% Maximise India Fund 1.35%
Maximiser V 1.35% Active Asset Allocation Balanced Fund 1.35%
Opportunities Fund 1.35% Secure Opportunities Fund 1.35%
Multi Cap Growth Fund 1.35% Income Fund 1.35%
Value Enhancer Fund 1.35% Money Market Fund 0.75%
Bluechip Fund 1.35%

If the monies are in the Discontinued Policy Fund (DP Fund), a Fund Management Charge of 0.50% p.a. will apply.
Policy Administration Charge

Policy Administration Charge will be levied every month by redemption of units, subject to a maximum of ` 500 per month
(` 6,000 p.a.)

• Single Pay:
` 60 p.m. (` 720 p.a.) for the first five policy years

• Limited Pay & Regular Pay:

Policy administration charge (% of Annual Premium Payable) :0.183% p.m. (2.196% p.a.)
Policy administration charge will be charged throughout the policy term.

Mortality Charges

Mortality charges will be levied every month by redemption of units based on the Sum at Risk.
Sum at Risk = Highest of,

• Sum Assured, including Top-up Sum Assured, if any

• Fund Value (including Top-up Fund Value, if any),
• Minimum Death Benefit

Less
• Fund Value (including Top-up Fund Value, if any)

Indicative annual charges per thousand life cover for a healthy male and female life are as shown below:

Age (yrs) 30 40 50 60
Male (`) 1.06 1.81 4.95 11.54
Female (`) 1.02 1.55 3.99 9.95
Discontinuance Charges

Discontinuance Charges are described below.

Single Pay:

Where the policy is Discontinuance Charge

discontinued in the policy year Single premium ≤ ` 3,00,000 Single premium > ` 3,00,000
Lower of 2% of (SP or FV), Lower of 1% (SP or FV),
1 subject to a maximum of ` 3,000 subject to a maximum of ` 6,000
Lower of 1.5% of (SP or FV), Lower of 0.70% of (SP or FV),
2
subject to a maximum of ` 2,000 subject to a maximum of ` 5,000
Lower of 1% of (SP or FV), Lower of 0.50% of (SP or FV),
3
subject to a maximum of ` 1,500 subject to a maximum of ` 4,000
Lower of 0.50% of (SP or FV), Lower of 0.35% of (SP or FV),
4
subject to a maximum of ` 1,000 subject to a maximum of ` 2,000
5 and onwards NIL NIL

Limited Pay and Regular Pay:

Where the policy is

Discontinuance charge
discontinued in the policy year
1 Lower of 6% (AP or FV), subject to a maximum of ` 6,000
2 Lower of 4% of (AP or FV), subject to a maximum of ` 5,000
3 Lower of 3% of (AP or FV), subject to a maximum of ` 4,000
4 Lower of 2% of (AP or FV), subject to a maximum of ` 2,000
5 and onwards NIL

Where AP is Annual Premium, SP is Single Premium and FV is the total Fund Value on the Date of Discontinuance.
No Discontinuance Charge is applicable for Top-up premiums.
 Non Forfeiture Benefits:

1 Surrender

During the first five policy years, on receipt of intimation that you wish to surrender the policy, the Fund Value including Top-up Fund
Value, if any, after deduction of applicable Discontinuance Charge, shall be transferred to the Discontinued Policy Fund (DP Fund).
You or your nominee, as the case may be, will be entitled to receive the Discontinued Policy Fund Value, on the earlier of death or the
expiry of the lock-in period. Currently the lock-in period is five years from policy inception.
On surrender after completion of the fifth policy year, you will be entitled to the Fund Value including Top-up Fund Value, if any.

2 Premium Discontinuance:

i. Premium discontinuance during the first five policy years:

In case of discontinuance of policy due to non-payment of premiums during the first five policy years, upon the expiry of grace
period, the Fund Value including Top-up Fund Value, if any, shall be credited to the DP Fund after deduction of applicable
discontinuance charges and the risk cover and rider cover, if any, shall cease. It will continue to remain in the DP fund till the policy
is revived by paying due premiums.
We will communicate the status of the policy to you within three months of first unpaid premium providing you the option to
revive the policy within the revival period. The revival period is three years from date of first unpaid premium.
i. If you opt to revive but do not revive the policy during the revival period, the monies will remain in the DP fund till the end of
the revival period or the lock in period, whichever is later, after which the monies will be paid out and thereafter the policy shall
terminate and all rights, benefits and interests will stand extinguished.
ii. If you do not exercise the option to revive the policy, the monies will remain in the DP fund and will be paid out at the end of
lock-in period and thereafter the policy shall terminate and all rights, benefits and interests will stand extinguished.
iii. However, you have an option to surrender the policy anytime and monies in the DP fund will be paid out at the end of lock-in
period or date of surrender whichever is later.
ii. Premium discontinuance after the first five policy years:

In case of discontinuance of policy due to non-payment of premium after the first five policy years, upon expiry of the grace period,
the policy will be converted into a reduced paid-up policy with paid-up sum assured. The rider cover, if any, shall cease.
Reduced paid-up Sum Assured = Original Sum Assured X (Total number of premiums paid till the date of discontinuance/ Original
number of premiums payable).
All charges as per terms and conditions of the policy shall be deducted during the revival period. However, the mortality charges shall
be deducted based on the reduced paid up sum assured only, unless you choose option 3 as detailed below, in which case mortality
charges shall be deducted as per the Original Sum Assured.
We will communicate the status of the policy to you within three months of first unpaid premium providing you the following options
to exercise:

1. Revive the policy within the revival period of three years

2. Complete withdrawal of the policy
3. Continue the policy till the revival period with Original Sum Assured.
If you choose option 1 and do not revive the policy during the revival period, the Fund Value, including the Top-up Fund Value, if any,
will be paid to you at the end of the revival period or maturity, whichever is earlier, and the policy shall terminate and all rights,
benefits and interests will stand extinguished.
If you choose option 2, the policy will be surrendered and the Fund Value, including the Top-up Fund Value, if any, will be paid to you.
On payment of surrender value, the policy shall terminate and all rights, benefits and interests will stand extinguished.
If you choose option 3, the policy will continue with Original Sum Assured till the end of the revival period or maturity, whichever is
earlier. This may cause rapid depletion of the fund value as there will be no payment of premiums in future. The Fund Value, including
the Top-up Fund Value, if any, shall be paid to you at the end of the revival period or maturity, whichever is earlier, and the policy shall
terminate and all rights, benefits and interests will stand extinguished. For a Whole Life policy, the option to continue with Original
Sum Assured is not available if premiums have been paid for less than 7 years.
If you do not choose any of these options, the policy shall continue to be in reduced paid up status. At the end of the revival period
or maturity, whichever is earlier, the Fund Value, including the Top-up Fund Value, if any, shall be paid to you and the policy shall
terminate and all rights, benefits and interests will stand extinguished.
You will have an option to surrender the policy anytime. On surrender, the Fund Value, including the Top-up Fund Value, if any, shall
be paid to you and the policy shall terminate and all rights, benefits and interests will stand extinguished.
Treatment of the policy while monies are in the DP Fund
While monies are in the DP Fund:
• Risk Cover and Minimum Death Benefit will not apply
• A Fund Management Charge of 0.50% p.a. of the DP Fund will be made. No other charges will apply.
• From the date monies enter the DP Fund till the date they leave the DP Fund, a minimum guaranteed interest rate declared by
IRDAI from time to time will apply. The current minimum guaranteed interest rate applicable to the DP Fund is 4% p.a.

3 Policy revival

The revival period is three years from the date of first unpaid premium. Revival will be based on the prevailing Board approved
underwriting guidelines.
In case of revival of a policy, We shall:
1. Collect from You, all due and unpaid premiums without charging any interest or fee,
2. Levy policy administration charge and premium allocation charges as applicable during the discontinuance period. No other
charges shall be levied,
3. Shall add back to the fund, the discontinuance charges deducted, if any, at the time of discontinuance of the policy
For the purpose of revival the following conditions are applicable:
a. You, at your own expense, shall furnish satisfactory evidence of health of the Life Assured, as required by us;
b. Revival of the policy may be on terms different from those applicable to the policy before the premiums were discontinued;
On payment of overdue premiums before the end of revival period, the policy will be revived. On revival, the policy will continue with
benefits and charges, as per the terms and conditions of the policy. You shall have an option to revive the policy without or with rider,
if any. Monies will be invested in the segregated fund(s) chosen by You at the NAV as on the date of such revival.
Revival will take effect only on it being specifically communicated by us to you.
 Terms and Conditions

1 Freelook period: You have an option to review the Policy following receipt 6 The Company will not provide loans under this policy.
of Policy Document. If you are not satisfied with the terms and conditions
of this policy, please return the policy document to the Company with 7 Suicide Clause: If the Life Assured, whether sane or insane, commits
reasons for cancellation within: suicide within 12 months from the date of commencement of the policy
or from the date of policy revival, only the Fund Value, including Top- up
i. 15 days from the date it is received, if the policy is purchased through Fund Value, if any, as available on the date of intimation of death, would be
solicitation in person. payable to the Claimant. Any charges other than Fund Management
Charges and guarantee charges, if any, recovered subsequent to the date
ii. 30 days from the date it is received, in case of electronic policies or if of death shall be added back to the fund value as available on the date of
your Policy is purchased through voice mode, which includes intimation of death.
telephone-calling, Short Messaging Service (SMS), Physical mode
which includes direct postal mail and newspaper & magazine inserts If the Life Assured, whether sane or insane, commits suicide within 12
and solicitation through any means of communication other than months from the effective date of increase in Sum Assured, then the
in person. amount of increase shall not be considered in the calculation of the death
benefit.
On cancellation of the policy during the free look period, you shall be
entitled to an amount which shall be equal to non-allocated premium plus 8 Foreclosure of the policy: For Limited Pay and Regular Pay policies, after
charges levied by cancellation of units plus Fund Value at the date of five policy years have elapsed and at least five premiums have been paid,
cancellation less proportionate risk premium for the period of cover, stamp if the Fund Value including Top-up Fund Value, if any, becomes nil, then the
duty expenses under the policy and expenses borne by us on medical policy will terminate and no benefits will be payable. For Single Pay
examination, if any in accordance with the IRDAI (Protection Of policies, after five policy years have elapsed and provided the monies are
Policyholders’ Interests) Regulations 2017. not in the DP fund, if the Fund Value including Top-up Fund Value, if any,
becomes nil, the policy will terminate and no benefits will be payable. On
The policy will terminate on payment of this amount and all rights, benefits termination or foreclosure of the policy all rights, benefits and interest
and interests under this policy will stand extinguished. under the policy shall be extinguished. A policy cannot be foreclosed
before completion of five policy years.
2 Tax benefits under the policy are subject to conditions under Section 80C,
10(10D) and other provisions of the Income Tax Act, 1961. Goods and 9 Unit Pricing: The NAV for different Segregated Funds shall be declared on
Services Tax and cesses, if any will be charged extra by redemption of all business days (as defined in Investment Regulations).
units, as per applicable rates. Tax laws are subject to amendments from
time to time. The NAV of each Segregated Fund shall be computed as set out below or
by any other method as may be prescribed by regulation:
3 Increase or decrease in premium is not allowed.
[Market Value of investment held by the fund plus Value of Current Assets
4 Grace Period: The grace period for payment of premium is 15 days for less Value of Current Liabilities and provisions]
monthly mode of premium payment and 30 days for other modes of
premium payment. Divided by,

5 Date of Discontinuance of the policy is the date on which the Company Number of units existing under the Fund at valuation date, before any new
receives intimation from the Policyholder about discontinuance of the units are created or redeemed
policy or surrender of the policy, or on the expiry of the grace period,
whichever is earlier. The policy remains in force till the date of 10 Assets are valued daily on a mark to market basis.
discontinuance of the policy.
11 Policyholder through a secured login can access the value of policy wise 18 Force Majeure: The Company will value the funds on each day that the
units held by him in the format as per Form D02 prescribed under IRDAI financial markets are open. However, the company may value the funds
Investment Regulations, 2016. less frequently in extreme circumstances external to the Company where
the value of the asset is too uncertain. In such circumstances the
12 If premiums for the second year onwards are received by outstation company may defer the valuation of assets for up to 30 days until the
cheques, the NAV of the clearance date or due date, whichever is later, company feels that certainty to the value of assets has been resumed. The
will be allocated. Transaction requests (including renewal premiums by deferment of the valuation of the assets will be with prior approval
way of local cheques, demand draft, switches, etc.) received before the from IRDAI.
cut-off time will be allocated the same day's NAV and those received after
the cut-off time will be allocated the next day's NAV. The cut-off time will The Company will make investments as per the fund mandates detailed in
be as per IRDAI guidelines from time to time, which is currently 3:00 p.m. the Fixed Portfolio Strategy section. However, the company reserves the
right to change the exposure of all/any fund to money market to 100% in
13 All renewal premiums received in advance will be allocated units at the extreme situation external to the Company keeping in view market
NAV prevailing on the date on which such premiums become due. conditions/political situations/economic situations/war like situations/
However, the status of the premium received in advance shall be terror situations. The same will be put back as per the base mandate once
communicated to the Policyholder. the situation has corrected.

14 Nomination: Nomination shall be as per Section 39 of the Insurance Act, Some examples of such circumstances in above sections are:
1938 as amended from time to time. For more details on this section,
please refer to our website. • When one or more stock exchanges which provide basis for valuation
for substantial portion of the assets of the fund are closed otherwise
15 Assignment: Assignment shall be as per Section 38 of the Insurance Act, than for ordinary holiday.
1938 as amended from time to time. For more details on this section,
please refer to our website. • When as a result of political, economic, monetary or any circumstances
out of the control of the company, the disposal of the assets of the
16 Section 41: In accordance with Section 41 of the Insurance Act, 1938, as fund are not reasonable or would not reasonably be practicable
amended from time to time no person shall allow or offer to allow, either without being detrimental to the interests of the remaining
directly or indirectly, as an inducement to any person to take or renew or policyholders.
continue an insurance in respect of any kind of risk relating to lives or
property in India, any rebate of the whole or part of the commission • During periods of extreme market volatility during which surrenders
payable or any rebate of the premium shown on the policy, nor shall any and switches would be detrimental to the interests of the remaining
person taking out or renewing or continuing a policy accept any rebate, policyholders.
except such rebate as may be allowed in accordance with the published
prospectuses or tables of the insurer. • In the case of natural calamities/strikes/war/civil unrest and riots

Provided that acceptance by an insurance agent of commission in • In the event of any unforeseen accident beyond Company’s control or
connection with a policy of life insurance taken out by himself on his own Act of God or disaster that effects the normal functioning of
life shall not be deemed to be acceptance of a rebate of premium within the company.
the meaning of this sub section if at the time of such acceptance the
insurance agent satisfies the prescribed conditions establishing that he is • If so directed by IRDAI
a bona fide insurance agent employed by the insurer.
The policyholder will be notified of such a situation if it arises.
Any person making default in complying with the provisions of this section
shall be punishable with fine which may extend to ten lakh rupees.

17 Fraud and Misrepresentation: Treatment will be as per Section 45 of the

Insurance Act, 1938 as amended from time to time.
 Revision of Charges

The Company reserves the right to revise the following charges at any time during the term of the policy. Any revision will apply with
prospective effect, subject to prior approval from IRDAI and if so permitted by the then prevailing rules, after giving a written notice
to the Policyholders. The following limits are applicable:
• Fund Management Charge may be increased up to the maximum allowable as per applicable regulation.
• Policy Administration Charge may be increased to a maximum of ` 500 per month, subject to the maximum permitted by IRDAI,
currently a maximum of ` 6,000 p.a. applies.
• Switching charge may be increased to a maximum of ` 200 per switch.
Any Policyholder who does not agree with an increase, shall be allowed to surrender the policy and no discontinuance charge will be
applicable on surrender of such policies.
The Premium Allocation Charges, Discontinuance Charges and Mortality Charges are guaranteed for the term of the policy.

Risks of investment in the Units of the Funds

The policyholder should be aware that the investment in the units is subject to the following risks:
• ICICI PruSignature is a Unit-Linked Insurance Policy (ULIP) and is different from traditional products. Investments in ULIPs are
subject to investment risks.
• ICICI Prudential Life Insurance Company Limited, ICICI PruSignature, Advantage, Premier, Exclusive, Opportunities Fund, Multi Cap
Growth Fund, Bluechip Fund, Maximiser V, Value Enhancer Fund, Multi Cap Balanced Fund, Income Fund, Maximise India Fund,
Active Asset Allocation Balanced Fund, Focus 50 Fund, India Growth Fund, Secure Opportunities Fund and Money Market Fund
are only names of the Company, policy and funds respectively and do not in any way indicate the quality of the policy, the funds
or their future prospects or returns.
• The investments in the funds are subject to market and other risks and there can be no assurance that the objectives of the funds
will be achieved.
• The premium paid in unit linked insurance policies are subject to investment risks associated with capital markets and debt
markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market
and the insured is responsible for his/her decisions.
• The past performance of other funds of the Company is not necessarily indicative of the future performance of these funds.
• The funds do not offer a guaranteed or assured return.
• For further details, refer to the Policy Document and detailed benefit illustration.
 About ICICI Prudential Life Insurance

ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank Limited and Prudential Corporation
Holdings Limited, a part of the Prudential group. ICICI Prudential began its operations in Fiscal 2001 after receiving
approval from Insurance Regulatory Development Authority of India (IRDAI) in November 2000.
ICICI Prudential Life Insurance has maintained its focus on offering a wide range of products that meet the needs of the
Indian customer at every step in life.

For more information:

Customers calling from any where in India, please dial 1860 266 7766
Do not prefix this number with “+” or “91” or “00” (local charges apply)
Customers calling us from outside India, please dial +91 22 6193 0777

Call Centre Timings: 10.00 am to 7.00 pm

Monday to Saturday, except National Holidays.
To know more, please visit www.iciciprulife.com

ICICI Prudential Life Insurance Company Limited. IRDAI Regn. No. 105. CIN: L66010MH2000PLC127837.

ICICI Prudential Life Insurance Company Limited. Registered Office: ICICI Prudential Life Insurance Company Limited, ICICI PruLife Towers, 1089, Appasaheb
Marathe Marg, Prabhadevi, Mumbai - 400 025. This product brochure is indicative of the terms, conditions, warranties, and exceptions contained in the
insurance policy. For further details, please refer to the policy document. In the event of conflict, if any, between the contents of this brochure and those
contained in the policy document, the terms and conditions contained in the policy document shall prevail. ICICI PruSignature Form No. UW2 and UW3, UIN:
105L177V02, Advt. No.: L/II/0594/2019-20.

BEWARE OF SPURIOUS / FRAUD PHONECALLS!

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.
Public receiving such phone calls are requested to lodge a police complaint.