Features of ICICI Pru Lakshya

ICICI Pru Lakshya Wealth is a savings and protection plan which gives
you capital protection, guaranteed benefits, life cover and a potential to
grow your savings with Regular additions and terminal bonus. Read on
to know more about the benefits of this policy.

How does this plan work?

Your ICICI Pru Lakshya plan is customized as per your age, premium amount, payment term and policy term,
chosen by you.

Step 1: Step 2: Step 3:

Pay premiums as per Your policy grows with A Maturity Benefit is
your chosen Premium Guaranteed benefits accumulated at the end of
Payment Term and Bonuses the policy term to be taken as
a lumpsum.

You get a life insurance cover throughout the policy term

What you need to For this plan to work for you..

do for this plan to Pay your premium of ` 1,20,000/-
10,00,00,000/- every year
6 months for 10
10 years. Stay invested
work for you? till the end of policy term, i.e Aug
Mar 2037
2020.

What are benefits of this policy?

1. Guaranteed capital protection in the form of Sum Assured on Maturity: A lump sum amount of
`
` 12,00,000/-
10,00,00,000/- which is the sum of total premiums paid by you during the policy term will be paid as
part of your maturity benefit in Aug
Mar 2037
2020.

2. Guaranteed Value Benefits: On policy maturity you will receive Guaranteed Value benefits of
` `

` 2,13,000/-
10,00,00,000/-. The details of the Guaranteed Value Benefits are mentioned in your Policy schedule

3. Bonus: Depending on the performance of the company, you may also receive a bonus in the form of
regular addition on your policy every year and terminal bonus on maturity.This will further enhance
your Maturity Benefit.
 4. Maturity Benefit: At the end of your policy term, i.e. in Aug 2037, you will receive a Maturity Benefit which
Mar 2030
comprises your Sum assured on Maturity, Guaranteed Value Benefits and Regular additions and Terminal Bonus
that may be declared during the term of your policy. Since Regular additions and Terminal Bonus are dependent
on the performance of the company, we are showing two different rate of returns and the corresponding
amounts, you are likely to get in the table below.
10,00,00,000/-
Sum Assured on Maturity (A) ` 12,00,000/-
10,00,00,000/-
Total Guaranteed Value Benefits (B) ` 2,13,000/-
10,00,00,000/-
Total Guaranteed Benefit on Maturity (A+B) ` 14,13,000/-
Benefits at 8% ARR* Benefits at 4% ARR*
Estimated RA & TB amounts (C) 10,00,00,000/- 10,00,00,000/-
` 8,33,670/- ` 1,97,820/-
10,00,00,000/- 10,00,00,000/-
Estimated Maturity Benefit (A+B+C) ` 22,46,670/- ` 16,10,820/-
*Assumed Rate of Return. RA = Regular additions TB = Terminal Bonus

As per the features of this policy, the Maturity Benefit you receive will be tax-free subject to conditions under
Section 10(10D) and prevailing tax laws.
5. Life Insurance Benefit: If the person whose life is covered by this policy passes away, during the `
term of the policy, a lump-sum amount will be paid out to the person specified by you (known as the
Nominee) in your policy.
The amount which will be paid out will be the maximum of the following:
Sum Assured on Death of ` 12,00,000/- along with applicable bonuses, that have been added to
the policy.
105% of total premium received as on the date of death.
10,00,00,000/-

The Nominee can choose to receive this amount in the form of regular instalments over a fixed period.
The Nominee or any other family member can initiate the process of receiving this amount by visiting
www.iciciprulife.com/claims.

What happens if I cannot pay premiums for the complete premium payment term?

It is in your best interest that you pay premiums till Aug

Mar 2032
2020 and stay invested till Aug 2037, in this
Feb 2030
policy so that you enjoy all the benefits of this policy. `
`

If you stop paying premiums after paying for at least two full years, your policy will continue with
reduced benefits else you will not be eligible for any benefit. For more details refer Part C and Part D
of your Policy Document.

“The values appearing in this feature document are based on the information provided and the type of cover sought by you in the duly filed proposal
form. It is pertinent to note that any change affected by you in the details provided in the proposal form may lead to a change in the benefits or premium
payable under this policy.” COMP/DOC/Jul/2020/107/3944

IRDAI Reg No: 105. CIN: L66010MH2000PLC127837. ICICI Prudential Life Insurance Co. Ltd. Registered Address: 1089, Appasaheb Marathe Marg,
Prabhadevi, Mumbai-400025. UIN 105N179V01. COMP/DOC/Dec/2019/3012/3032.
 Benefit Illustration of ICICI Pru Lakshya
Prepared For : Mr.

Name of the Prospect / Policyholder : Mr. Name of the Product : ICICI Pru Lakshya
Age of the Policyholder : 02-Mar-1982 (40 Years) Tag Line : Non-Linked Par Product- Life
Gender of the Policyholder : MALE
Name of the Life Assured : Mr. Unique Identification Number : 105N179V01
Age of the Life Assured : 02-Mar-2016 (6 Years) GST Rate and Cesses, if any for : 4.5 %
Year 1
Gender of Life Assured : Male GST Rate and Cesses, if any for : 2.25 %
Year 2 Onwards
Policy Term : 15 years Sales Channel : Broker
Premium Payment Term : 10 years
Amount of Instalment Premium : Rs. 120,000
Mode of payment of Premium : Yearly

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4%
p.a.

Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance
business. If your policy offers guaranteed benefits these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers
variable benefits then the illustrations on this page will show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. These
assumed rates of return are not guaranteed and they are not the 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.

Policy Details
Policy Option Wealth Sum Assured at Maturity Rs. 1,200,000
Bonus Type Simple Sum Assured on Death (at inception of the policy) Rs. 1,200,000

Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST and Cesses, if any 120,000 - 120,000
Instalment Premium with First Year GST and Cesses, if any 125,401 - 125,401
Instalment Premium with GST and Cesses, if any 2nd Year 122,701 - 122,701
Onwards

Statement of various benefits over the duration of the policy with assumed gross interest rate as mentioned.
Benefit summary
Benefits @ 4% Benefits @ 8%
Sum Assured on Maturity 1,200,000 1,200,000
Start Early 141,000 141,000
Guaranteed Value Stay More 0 0
Benefits (GVBs) Save More 72,000 72,000
She Benefit 0 0
Total Guaranteed Benefit on Maturity (A) 1,413,000 1,413,000
Estimated accumulated Regular Additions (B) 0 339,120
Estimated Terminal Bonus (C) 197,820 494,550
Estimated Total Maturity Amount (A+B+C) 1,610,820 2,246,670
 Benefit details
Guaranteed Benefits Non-guaranteed benefits Non-guaranteed benefits @ 8% Total Benefits including guaranteed and non-
@ 4% guaranteed benefits
Maturity Benefit Death Benefit
Pol Single / GVB* Su Surrender Death Maturity Bo Ac Ca Surrender Bonuses Acc. RA Ca Surrender Total Total Total Death Total Death
icy Annualis rvi Benefit Benefit Benefit, nu c. sh Benefit in the sh Benefit Maturity Maturity Benefit @ Benefit @
Ye ed val incl GVBs se RA Bo form of Bo Benefit @ Benefit @ 4% 8%
ar Premium Be s nu RA nu 4% 8% (6+9+10+T (6+13+14+T
nef in s s (7+9+TB, if (7+13+TB, B, if any ) B, if any )
it the any) if any )
for
m
of
RA
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
1 120000 0 NA 0 1200000 0 0 0 NA 0 22608 22608 NA 0 0 0 1200000 1222608
2 120000 0 NA 72000 1200000 0 0 0 NA 72000 22608 45216 NA 79415 0 0 1200000 1245216
3 120000 0 NA 126000 1200000 0 0 0 NA 126000 22608 67824 NA 138778 0 0 1200000 1267824
4 120000 0 NA 240000 1200000 0 0 0 NA 240000 22608 90432 NA 259579 0 0 1200000 1290432
5 120000 0 NA 300000 1200000 0 0 0 NA 522240 22608 113040 NA 543070 0 0 1200000 1313040
6 120000 0 NA 360000 1200000 0 0 0 NA 662609 22608 135648 NA 706945 0 0 1200000 1335648
7 120000 0 NA 420000 1200000 0 0 0 NA 808322 22608 158256 NA 882573 0 0 1200000 1358256
8 120000 0 NA 537600 1200000 0 0 0 NA 959610 22608 180864 NA 1070876 0 0 1200000 1380864
9 120000 0 NA 658800 1200000 0 0 0 NA 1116717 22608 203472 NA 1272853 0 0 1200000 1403472
10 120000 0 NA 804000 1260000 0 0 0 NA 1279843 22608 226080 NA 1489528 0 0 1310292 1567334
11 0 0 NA 876000 1260000 0 0 0 NA 1326637 22608 248688 NA 1595455 0 0 1351343 1667433
12 0 0 NA 948000 1260000 0 0 0 NA 1375198 22608 271296 NA 1709224 0 0 1394017 1774889
13 0 0 NA 1008000 1260000 0 0 0 NA 1425593 22608 293904 NA 1831435 0 0 1438381 1890276
14 0 0 NA 1080000 1260000 0 0 0 NA 1477893 22608 316512 NA 1962736 0 0 1484499 2014216
15 0 213000 NA 1080000 1260000 1413000 0 0 NA 1527649 22608 339120 NA 2092066 1610820 2246670 1532443 2147377

Notes: Annualized Premium excludes underwriting extra premium, frequency loadings on premiums, the premiums paid towards the riders, if any, Goods &
Service Tax and Cesses, if any. Refer Sales Literature for explanation of terms used in this illustration
GVB - Guaranteed Value Benefits ;TB- Terminal Bonus; RA- Regular Addition; Acc. RA- Accumulated Regular Addition

The interest rates applicable for arriving at the income payouts for the chosen period shall be equal to the yields corresponding to the respective Government
Securities less a spread of 25 basis points. For income period of 5 years and 10 years, 5 year Government Security will be used and for 15 years, 10 year
Government Security will be used to arrive at the applicable interest rate.

Disclaimers
===========

1. ICICI Pru Lakshya is a savings and protection oriented plan.

2. ICICI Pru Lakshya is only the name of the policy and does not in any way indicate the quality of the policy, its future
prospects or returns.
3. The above illustration is applicable to a standard life (from medical, life style and occupation point of view).
4. The main objective of the illustration is that the policyholder is able to understand the features of the product and the
nature of benefits under different circumstances with some level of quantification.
5. Once regular addition is declared in any year and added to the policy, the regular addition so added is guaranteed.
6. The Guaranteed surrender benefit shown above reflects the guaranteed surrender value excluding the guaranteed
surrender value of accrued regular additions. The Non guaranteed surrender benefit shown above reflects the special
surrender value.
7. The policy will acquire a surrender value after payment of two full years' premium. The surrender value payable will be
Guaranteed Surrender Value plus guaranteed surrender value of accrued regular additions, if any, at the point of
surrender or Special Surrender Value, whichever is higher.The displayed Special Surrender Values are not
guaranteed and only indicative. These may change from time to time subject to approval from IRDAI. The policyholder
is advised to check the Special surrender value payable with the company before surrendering.
8. The surrender values are illustrated assuming that all the instalment premiums payable in a policy year are paid and
that the event occurs at the end of the policy year. The surrender values will be lower than those illustrated above if
surrender takes place before the end of the policy year or if all the instalment premiums payable in that policy year
have not been paid.
9. Regular Additions are indicative given gross returns of 4% and 8% and are at the discretion of the Company. Regular
Additions will vary depending on the performance of the participating fund. They may also vary at a policy level and
reflect your sum assured, premium payment term, policy term and age.
10. For the purpose of illustrations we have assumed 4% and 8% as the lower and the higher rates of investment returns
respectively, in the calculations. These are in accordance with the guidelines issued by IRDAI and in no way signify
our expectations of investment returns. The actual investment return may be higher or lower than the above rates.
11. The investment returns assumed should not be construed to be the range within which investment returns will fall.
12. All benefits shown in Benefit Summary are payable at the end of the year.
13. All benefits shown above assume no encashment of regular additions. This is applicable except where Indicative
Cashback and Annual Income Table is illustrated.
14. The loan amount available will be 80% of the surrender value.
15. In case of any conflict between this benefit illustration and your policy document, the latter shall prevail.
 16. The above information must be read in conjunction with the sales brochure and policy document.
17. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek
professional advice for applicability of tax benefit on premiums paid and benefits received.
18. GST and Cesses, if any, shown above will be charged extra as per applicable rates. Tax laws are subject to
amendments from time to time.
19. For any further clarifications, policyholder can contact the advisor / FSC or e-mail us on lifeline@iciciprulife.com

I __________________________________(Name), have I ______________________________(Name), having received the

explained the premiums, and benefits under the product information with respect to the above, have understood the
fully to the prospect / policyholder have understood the above statement before entering into the contract.
above statement before entering into the contract.

Company Seal:
Place: Place:
Date: Signature of Agent / Intermediary / Official Date: Signature of Prospect / Policyholder

ICICI Prudential Life Insurance Company Limited.

1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
Email: lifeline@iciciprulife.com
www.iciciprulife.com