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ICICI LIFE GUARD PLAN



LIFE GUARD PLAN
Protect your family with ICICI Prudential's LifeGuard. LifeGuard acts as a shield that safeguards your loved ones from financial insecurity, at all times.

A cost-effective plan, LifeGuard comes in two variants: LifeGuard with Return of Premium (life cover with maturity benefit), and LifeGuard Single Premium (premium at policy inception, cover till policy matures). Invest in a plan that best suits your requirements and guarantee your family lifelong comfort and security.


    Policy at a Glance:

Plan Minimum Sum Assured Policy Term Premium*Installments
LifeGuardwith Return of Premium(UIN105N006V02) Rs 5 Lakhs Between 10 & 30 years Monthly, half-yearly or annually
LifeGuard Single Premium(UIN105N007V02) Rs 2.5 Lakhs Between 3 & 15 years Single Premium plan
    Key Benefits:

  • LifeGuard offers a choice of 2 life insurance plans: LifeGuard with Return of Premium and LifeGuard Single Premium. Take a look at the features and benefits of the plans:
  • Death benefit: Provide for your beneficiary to receive the Sum Assured should something happen to you.
  • Extended life cover: Invest in LifeGuard with Return of Premium plan and safeguard your family with an additional cover—at 50% of the original Sum Assured—for 5 years after your policy terminates.
  • Additional riders: Protect your family from accidents and disability by adding on the Accident and Disability Benefit Rider (ADBR) and the Waiver of Premium Rider (WOPR).
  • ADBR: The rider benefit amount will be paid to your family in the event of death or disability due to an accident.
  • WOPR: In the case of total and permanent disability due to an accident, all further premiums will be waived and policy benefits will continue.
  • Tax benefits: Receive tax deductions on premiums paid (u/s 80 C). Enjoy tax exemptions on maturity proceeds and death benefits [u/s 10 (10 D)] as per prevailing Income Tax laws.
  • Maturity benefit: Invest in LifeGuard with Return of Premium plan and receive all the premiums you have paid, when your policy matures.

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