It’s good to have dreams...

A plan to achieve them makes it even better!

 Life has many important milestones: your first car, your house, your marriage, your child’s
education, your dream vacation, etc. It would be one’s dream to achieve them all with certainty.
However, this would need careful planning.
With ICICI Pru Future Secure, a participating endowment life insurance plan, we bring
you a solution which lets you save regularly to meet the specific goals in life while protecting
your family from financial hardships in case of your untimely demise. This plan knits together

savings and protection for you and your family and helps you ensure a secure future for them.

Key Benefits
Life cover for the term of the policy chosen by you

Wealth creation through regular bonus additions declared at

the end of each financial year

Maturity benefit of Sum Assured plus vested reversionary

bonuses and terminal bonus, if any

Enhanced coverage through riders – Accident and Disability

Benefit Rider, Critical Illness Rider and an Income Benefit Rider

Tax benefits on the premiums paid and benefits received under

the policy, as per the prevailing Income Tax laws T&C3

 Premium Illustration
ICICI Pru Future Secure at a glance
The table below shows the yearly premiums for a healthy male life
Min / Max Entry Age 0 / 60 years
(exclusive of service tax and cess T&C3) for Rs. 1,00,000 Sum Assured at
Min / Max Maturity Age 18 / 70 years
different ages:
Min / Max Policy Term 10 / 30 years

Minimum Sum Assured Rs. 1,00,000 Age last Term

T&C3
birthday
Minimum Premium Rs. 6,000 per anuum
(years) 10 years 15 years 20 years
Payment Modes Monthly, Half yearly or Yearly
30 13,421 8,273 N/A
15 days for monthly mode, 30 days for 40 13,487 8,370 6,133
Grace period
yearly and half yearly modes of payment
50 13,710 8,669 6,536

Benefit Illustration
The below illustration highlights estimated benefits that would be
available to an individual on survival till the end of the policy term.

Age at entry: 30 years Sum Assured: Rs. 1,00,000

Term: 10 years Premium paying mode: Yearly
Premium: Rs. 13,421
Returns Returns
Benefits
(@ 6% per annum) (@ 10% per annum)
Guaranteed Sum Assured
Rs. 1,00,000 Rs. 1,00,000
(Conditions apply)T&C9
Estimated vested bonus Rs. 19,400 Rs. 41,500
Estimated terminal bonus Rs. 21,097 Rs. 26,403
Estimated maturity amount Rs. 140,497 Rs. 167,903

“Some benefits are guaranteed and some benefits are variable with
returns based on the future investment performance of the Company. If
your policy offers guaranteed returns then these will be clearly marked
“guaranteed” in the Benefit Illustration on this page. If your policy offers
variable returns then the illustrations on this page will show two different
rates of assumed future investment returns. These assumed rates of return
are not guaranteed and they are not upper or lower limits of what you
might get back as the value of your policy is dependent on a number of
factors including future investment performance.”
Rider Benefits Benefits in Detail
Critical Illness Benefit Rider (Accelerated) (UIN: Maturity Benefit
105B002V01): This rider provides protection in case of 9 critical On survival of the Life Assured and subject to the Policy being in force at
illnesses, namely: Cancer, Coronary Artery Bypass Graft (CABG), Heart the end of the policy term, Maturity Benefit equivalent to the Sum
attack, Kidney failure, Major organ transplant, Stroke, Paralysis, Aorta
Assured plus vested reversionary bonuses and terminal bonus, if any,
surgery and Heart valve replacement surgery. The Sum Assured under
shall become payable.
the rider will be equal to the base Sum Assured and is payable only on
survival for 28 days post the diagnosis of a critical illness.
Death Benefit
In case of a claim on the rider, the Sum Assured, along with the vested Subject to the Policy being in force, in the unfortunate event of death of
bonuses, will be paid and the policy shall terminate. the Life Assured during the term of the policy, the nominee shall receive
an amount equal to the Sum Assured plus vested reversionary bonuses,
Accident & Disability Benefit Rider (UIN: 105B001V01):
On death of the Life Assured due to an accident, the nominee will receive interim bonus and terminal bonus, if any.
an additional Sum Assured as covered under this rider in addition to the
Base Sum Assured. In case of accidental death while travelling by mass In case the Life Assured is below 7 years of age at the time of death, only
surface transport, the nominee will get twice the Sum Assured of the the premiums paid excluding extra premiums and premiums for rider
rider. In case of total and permanent disability due to an accident, 10% of benefits will be returned, without interest.
the rider Sum Assured is paid out every year for 10 years.

Income Benefit Rider (UIN: 105B009V01): In case of death

What other benefits do I get?
of the Life Assured during the term of the policy, 10% of the rider Sum
Loans
Assured will be paid to the nominee every year for the remaining years till
You can avail of loans under this policy after the completion of three policy
the end of the term of the policy. However, no benefits will be payable if
years provided you have paid premiums for the first three policy years and
the Life Assured, whether sane or insane, commits suicide within one
the policy has attained a Surrender Value. Loan of up to 80% of the
year from the date of issue of the policy T&C1.
Surrender Value can be availed.
Please note: In case of a rider claim, the rider benefit shall be paid out. The policy will be foreclosed in case the outstanding policy loan with
The rider cover will cease to exist and the rider premium will cease to be
accrued interest exceeds the surrender value.
payable. The base policy and any other rider will continue, with benefits
and premiums as applicable. The benefit under any rider is payable only
Large Sum Assured discount:
on the occurrence of the specified event while the policy is not lapsed.
Large Sum Assured discounts on the premium, excluding extra premium
Please read the sales brochures of respective riders for details. and premiums paid towards rider benefits, if any, will be given as follows:
 Assured (Paid-up Sum Assured), as indicated below
Sum Assured (Rs.) Rebate (in Rs.) per thousand

Less than 2 lacs Nil

Paid-up Sum Assured = Sum Assured X (Total number of premiums paid/

2 lacs to less than 3 lacs 3.5

Total number of premiums payable)

3 lacs to less than 5 lacs 4.7 Bonuses already vested to the policy will be added to this amount. The
5 lacs to less than 10 lacs 5.7 policy will however not be eligible for any future bonuses.
Greater than or equal to 10 lacs 6.4
The rider benefits will cease to be payable in case of a paid-up policy.
Modal loading:
For more details on Paid-up and Surrender Values, please refer to the
For premium paying frequency other than yearly, a modal loading will be policy document.
levied on the premium including any extra premium. These are as follows:

Revival of the policy

Mode Percentage (%) of premium
A policy, which has lapsed for non-payment of premium within the days of
Monthly 4.5% grace, may be revived subject to the following conditions:
Half yearly 2.5%

Yearly Nil The application for revival is made within 2 years from the due date of
the first unpaid premium and before the date of maturity of the policy.
What happens if I discontinue my policy?
Revival will be based on the revival norms then applicable.
Your policy will acquire a Surrender Value on payment of premium for at The Policyholder furnishes, at his own expense, satisfactory evidence
least 3 policy years. of health of the Life Assured, as required by the Company.
The arrears of premiums together with interest, at such rate as the
The Guaranteed Surrender Value will be equal to 35% of the base policy
Company may declare from time to time, for late payment of
premiums paid less the first year’s premium. Any extra premiums paid
premiums are paid.
and premiums paid towards riders shall be excluded. A discounted value
The revival of the policy may be on terms different from those
of the bonuses allocated will also be added.
applicable to the policy before it lapsed; and
The actual Surrender Value payable will depend on Sum Assured, vested
The revival will take effect only if it is specifically communicated by the
reversionary bonus, policy term and the number of premiums paid.
Company to the Life Assured or the applicant.

If the policy has acquired a Surrender Value and no future premiums are Any change in revival conditions will be subject to prior approval from
paid, the policy may continue as a ‘Paid-up’ policy for a reduced Sum IRDA and will be disclosed to policyholders.
Terms & Conditions Act, 1938) for the purpose of payment of the monies secured by the
policy in the event of his death. Where the nominee is a minor, he may
1. Suicide clause: If the Life Assured whether sane or insane,
also appoint an appointee i.e. a person to receive the money during the
commits suicide within one year from the date of issue of this policy,
minority of the nominee. Any change of nomination, which may be
the policy shall be void and no benefits shall be payable. Where the
effected before the termination of the policy shall also be
policy is revived, the surrender value shall become payable if the Life
communicated to the Company.
Assured, whether sane or insane, commits suicide within one year
The Company does not express itself upon the validity of or accept any
from the date of reinstatement of the policy.
responsibility for the assignment or nomination in recording the
2. Freelook period: If you are not satisfied with the terms and
assignment or registering the nomination or change in nomination.
conditions of this policy, please return the policy document to the
Company for cancellation within 6. Assignment Requirements: The product shall comply with
Section 38 of the Insurance Act. An assignment of the policy (under
15 days from the date you received it, if your policy is not sourced
Section 38 of the Insurance Act, 1938) may be made by an
through Distance marketing*
endorsement upon the policy itself or by a separate instrument signed
30 days from the date you received it, if your policy is sourced through in either case by the assignor specifically stating the fact of
Distance Marketing* assignment and duly attested. The first assignment may be only made
On cancellation of the policy during the freelook period, we will return by the Policyholder. Such assignment shall be effective, as against the
the premium paid subject to the deduction of: Company, from and upon the service of a written notice upon the
a) Stamp duty under the policy Company and the Company recording the assignment in its books.
b) Expenses borne by the Company on medical examination, if any Assignment will not be permitted where policy is under the Married
The policy will terminate on payment of this amount and all rights, Women’s Property Act, 1874.
benefits and interests under this policy will stand extinguished. 7. Section 41: In accordance with Section 41 of the Insurance Act,
*Distance marketing: Distance marketing includes every activity of 1938, no person shall allow or offer to allow, either directly or
solicitation (including lead generation) and sale of insurance products indirectly, as an inducement to any person to take or renew or continue
through the following modes: (i) Voice mode, which includes an insurance in respect of any kind of risk relating to lives or property in
telephone-calling (ii) Short Messaging service (SMS) (iii) Electronic India, any rebate of the whole or part of the commission payable or any
mode which includes e-mail, internet and interactive television (DTH) rebate of the premium shown on the policy, nor shall any person taking
(iv) Physical mode which includes direct postal mail and newspaper & out or renewing or continuing a policy accept any rebate, except such
magazine inserts and (v) Solicitation through any means of rebate as may be allowed in accordance with the published
communication other than in person. prospectuses or tables of the insurer.
3. Tax benefits: Tax benefits under the policy will be as per the Provided that acceptance by an insurance agent of commission in
prevailing Income Tax laws. Service tax and cess will be charged connection with a policy of life insurance taken out by himself on his
extra, as per applicable rates. The tax laws are subject to own life shall not be deemed to be acceptance of a rebate of premium
amendments from time to time. within the meaning of this sub section if at the time of such
acceptance the insurance agent satisfies the prescribed conditions
4. Sum Assured and policy term chosen at inception of the policy cannot
be changed. establishing that he is a bona fide insurance agent employed by the
insurer.
5. Nomination Requirements: The product shall comply with
Section 39 of the Insurance Act. The Life Assured, where he is the Any person making default in complying with the provisions of this
holder of the policy, may, at any time before the Maturity / Termination section shall be punishable with fine which may extend to five hundred
date of policy, make a nomination (under Section 39 of the Insurance rupees.
8. Section 45: No policy of life insurance effected before the policyholder and that the policyholder knew at the time of making it
commencement of this Act shall after the expiry of two years from that the statement was false or that it suppressed facts which it was
the date of commencement of this Act and no policy of life insurance material to disclose.
effected after the coming into force of this Act shall, after the expiry of Provided that nothing in this section shall prevent the insurer from
two years from the date on which it was effected be called in calling for proof of age at any time if he is entitled to do so, and no
question by an insurer on the ground that statement made in the
policy shall be deemed to be called in question merely because the
proposal or in any report of a medical officer, or referee, or friend of the
terms of the policy are adjusted on subsequent proof that the age of
insured, or in any other document leading to the issue of the policy,
the life insured was incorrectly stated in the proposal.
was inaccurate or false, unless the insurer shows that such
statement was on a material matter or suppressed facts which it was 9. Guaranteed benefit is available only if all due premiums have been paid
material to disclose and that it was fraudulently made by the and policy is in force

About ICICI Prudential Life Insurance

ICICI Prudential Life Insurance Company Limited, a joint venture between ICICI Bank and Prudential plc is one of the first companies to commence
operations when the industry was opened in 2000. Since inception, it has written over 13 million policies and has over 1,27,000 advisors and several
corporate distribution partners.

Registered Office: ICICI Prudential Life Insurance Company Limited, ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025.
Insurance is the subject matter of the solicitation. For more details on the risk factors, term and conditions please read sales brochure carefully before
concluding the sale. The product brochure is indicative of terms & conditions, warranties & exceptions contained in the insurance policy. The information
contained here must be read in conjunction with the Policy document. In the event of conflict, if any between the terms & conditions contained in this brochure
and those contained in the policy documents, the terms & conditions contained in the Policy Document shallVer.prevail. Tax benefits
No. 02/Premier under the policy are18
Life Pension/JAS/Repro/w.e.f. subject to
Apr 2008
conditions under section 80C and 10(10D) of the Income Tax Act, 1961. Service tax and education cess will be charged extra as per applicable rates and company
policy from time to time. The tax laws are subject to amendments from time to time. © 2010, ICICI Prudential Life Insurance Co. Ltd. Reg No: 105. ICICI Pru Future
Secure Form No. E03 UIN - 105N117V01Advt. No.: L/IC/50/2012-13.