By the time your child is 18, education costs may rise up to 10 times: } Are you prepared? i Get < 30 lakhs" for your child's future. icicl Prudential i id Sma Solution ro ere souis NE cee fescue Money for key Aras This solution is aimed at parents saving for their child's education. In this solution, ‘you purchase an ICICI Pru Smart Life policy with parent as the life assured and child as the nominee. \ i =AAs responsible parents - you would not lke to compromise your child's career, irrespective of the rising cost of education. You need an investment plan that is designed to provide money at key educational milestones. Moreover is not vulnerable to unfortunate incidents. With this objective in mind, we present ICICI Prudential Smart Kid Solution, that gives you multiple choices to invest for your child's future and a Smart Benefit which ensures that the wealth accumulation continues even if you are not around. This solution allows you to withdraw money to meet expenses at key educational milestones of your child any time after 5 policy years. Regular savings towards your child's education corpus with the ‘opportunity to invest in a diverse suite of 8 funds. Comprehensive protection to secure your financial goa: Inthe unfortunate event of your death, your child will receive: a. Lump sum payment of Sum Assured - to take care of the child's day to day needs, ‘Smart Benefit, through which all future premiums will be paid by the Company. ‘At maturity, your nominee will receive the fund value, to take care of the educational milestone as planned by you. Liquidity at key educational milestones through partial withdrawals. Flexibility to choose the policy term so that you receive the policy benefits when required. Loyalty benefits: Grow your corpus with Loyalty Additions and Wealth Boosters by paying the due premiums and staying invested in the policy over the long term. ‘Tax benefits on premiums paid and benefits received as per the prevailing tax laws ™*!Raj is working as a manager in an MINC and is the sole eaming member of the family. He is a proud father and Wants to provide the best education to his 6 year old daughter, Rita. He realizes that his responsibilities are not merely ensuring basic education, but an all-round development including nurturing hobbies, extra-curricular activities, sports, exposure to the world and new technologies, etc. He wants to accumulate & 30 Lakh in the next 15 years for Rita's higher education with liquidity to fund interim educational requirements. He invests in ICICI Prudential Smart Kid solution. By regularly investing in this policy, he will be able to accumulate an education corpus for Rita by the time she tums 21 Unfortunately, a five years later a road accident claims Raj life. On Raj's death, the company pays a lump sum amount which takes care of Rita's intermediate educational needs. The Company also pays all 10 (pending policy years) future premium instalments towards his policy. At the end of the policy term, Rita gets the corpus she needs for her higher education. Even in Raj’s absence, his dream for his daughter becomes a reality! MRP LA IE Nee cme COR cc beret er aera Cr ea sd All future premiums are waived. The Cee eee cua) Cee ak sta fiatitotetettetete tel CR ee Gehan eon policy maturity, just as Rej had planned ‘The maturity value at 4% grovith scenario will be € 21.82 lakhT==Death Benefit On death of the Life Assured the benefit will comprise of two parts: 1, Lump sum benefit, which is higher of: a. Sum Assured including Top-up Sum Assured b. Minimum Death Benefit Minimum Death Benefit = 105% of the total premiums paid including Top-up premiums, if any. 2. Smart Benefit: Under this benefit, for Regular Pay policies, following the date of death of the life assured, provided all due premiums have been paid, units equivalent to the installment premium willbe allocated by the Company on the subsequent premium due dates, This benefit is not applicable for the One Pay option. Maturity Benefit On maturity of the policy, you will receive the Fund Value including the Top-up Fund Value, if any. This is paid irrespective of the survival of the life assured till the maturity date, This can be availed in any of the following forms: + Asalump sum + Asa structured payout (using Settlement Option) Loyalty Additions™=> | 6° policy year onwards, you will get rewarded for paying your premiums regularly ‘+ This is in the form of extra units at the end of every policy year + Each Loyalty Addition will be equal to 0.25% of the average of the Fund Values + You get an additional Loyalty Addition of 0.25% every year from the end of year 6 if all premiums for that year have been paidWealth Boosters™* ‘Wealth Boosters will be allocated as extra units at the end of every 5° policy year starting from the end of the 10" policy year + Each Wealth Booster will be 3.25% for Regular Pay policies and 1.5% for Single Pay policies of the average of the Fund Values + So, for a 25 year Policy Term, Wealth Boosters will be allocated 4 times, Partial Withdrawals + You can withdraw money at key educational milestones after completion of five policy years. + You can make unlimited number of partial withdrawals, however the total amount of partial withdrawals in a year should not exceed 20% of the Fund Value. + Partial withdrawals will not reduce the Sum Assured or the Minimum Death Benefit. + Partial Withdrawals are free of cost. Benefits of staying invested for the long term Lower reduction in yield ‘The longer you stay invested in your ICICI Pru Smart Life policy, the better the expected returns can be. The table below illustrates the Reduction in Yield (RIY) @ 8% investment retum for the example mentioned above. The lower the RIV, the better itis for you. RIY in ICICI Pru Smart Life ~ Regular Pay, Pao ee er Te 4.00% 3.95% 3.00% 1.69% 2.25% 1.11% 2.25% 0.86% Se ee ey Cr eee eu Lee eto Se Ren net ot needICICI Prudential Smart Kid Solution at a glance (Ga) hater nent Regular Pay Option One Pay Option in/Max age at Maturity Regular Pay Option One Pay Option Min/Max Policy Term Regular Pay Option One Pay Option @) Min/Max Premium Paying Term Regular Pay Option One Pay Option () Minimum Premium aa tr ya ta ayICICI Prudential Smart Kid Solution at a glance (3) Maximum Premium Regular Pay Option One Pay Option (i) Premium Payment Madies Regular Pay Option One Pay Option @) Min/Max Sum Assured Tax Benefits Premium and any benefit amount received under this policy will be eligible for tax benefit as per the prevailing Income Tax laws ™".Charges under the Policy y/ 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. * One Pay — 3% * Regular Pay: Pear) Annual Half-yearly / Monthly 4% Al Top-up premiums are subject to an allocation charge of 2%. Mortality Charges Mortality charge will be calculated based on the Sum at Risk. Sum at Risk includes the lump sum benefit and the present value of future premiums. ro Fund Management Charge (FMC) ‘The following fund management charges will be applicable and will ke adjusted from the NAV on. a daily basis. This charge willbe a percentage of the Fund Value. Maximiser V 1.35% Opportunities Fund 1.35% Muiti Cap Growth Fund 1.35% Bluechip Fund 1.35 Maximise India Fund 1.35% Multi Cap Balanced Fund 1.35% Income Fund 1.35% ey Market Fund 0.75%The policy administration charge will be levied every month by redemption of units subject to a maximum of € 500 per month (¥ 6,000 p.a\} One Pay: ® 60 p.m. (¥ 720 p.a.) for the first five policy years. No changes after five years. Regular Pay: 0.21% p.m. (2.52% p.2.) of Annual Premium, for the entire policy term enue is discontinued in Dee Coca eos Pe eee Dery Cece AP: Annualised Pramium; SP: Single Premium FV: Fund Value excluding Top-up Fund Value, it any, onthe Date of Discontinuance. No Dicoontinuanoe Charge ie apploable for Top-up premiumsTerms and Co Tax benefits under the policy will be as per the prevailing Income Tax laws. Service tax and Pees Rca Cu mee Casa ences Sec rune nd em ager Gera oles ony Veen ee assured ratio of less than 1:10 and where death benefit at any time is less than 10 times eC Ree ee Rea he Re en eee om cc een ROR Ces Tax benefits under the policy are subject to conditions under Sec.10 (10D) and Sec. 80¢ UCR RC RS RRC Ue ie) eee Re ec Pe erm ee ee eee cr Cktes Ree Te ieee un rc eRe Re eRe eee en Rae acc ee Pema neues eas MCS Came me Mae Ue eee ery Fe ee Rh Cae hm) the last business day of the last eight policy quarters. It will be allocated among the funds in the same proportion as the value of total units OMe Ree co The allocation of Loyalty Addition units is guaranteed and shall not be revoked by the Company under any circumstances. Pes PRU eT ee ce ore nue ec mR including Top-up Fund Value, if any, on the last business day of the last eight policy recs It will be allocated among the funds in the same proportion as the value of total units DT RRR ee UR uote LE The allocation of Wealth Booster units is guaranteed and shall not be revoked by the Cone eee 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 Linked Insurance Products completely or partially till the end of the fifth year.Terms and Co Surrender: On surrender after completion of five years, the surrender value will be the Fund Vee eR eh ne ne SUT ee ea CM RC Ce COR eee and the charges and benefits related to Surrender, Premium Discontinuance, Revival etc., please read the sales brochure carefully before concluding the sale. During the settlement period, the investment risk in the investment portfolio is borne by SOMO Ua eu eune een Se vere aku car a OPA cme em Ri en Cece es and rider cover shall cease on the original date of maturity. Switches and Partial MO eeu ne ibaa aie Dene Re me Ne me ee if any, will remain invested in the respective funds and portfolio strategies as on date of CURLS CMU a ere CeCe lm ol ela eC eee allowed. The Nominee will not be eligible for making partial withdrawals, paying top up premiums, performing switches, renewing Automatic Transfer Strategy (ATS), redirecting premium, effecting a change in portfolio strategy, opting for settlement option, decreasing premium payment term, decreasing Sum Assured, or decreasing policy term. A discount in the premium allocation charge option is given to customers who buy directly oe esc) CMa eee a b. For Single Pay policies: 0.5%ICICI Prudential ____ Smart Kid | @VICICI PRUDENTIAL? Solution EERE eC er mG mm On GPS Pa alsa eee mes Ena eer Bee gcc SOR ee ee eee een ey Cee eo sa Linked Insurance Products do not offer any liquidity during the first five years of the contract. The Policyholder will not be Deen ee sete ess ee eee ‘year. The lock-in period in this products five years. On surrender efter completion of five years, the surrender value willbe the Fund Value including Top up Fund Value, if any, which can be utilized as per product terms and conditions. Unlike traditional products, unt linked insurance products ere subject to market risk, which effect the Net Asset Velues end the customer shall be responsible for hisher decision, The names of the Company, product names or fund options do not indicate their quality or future guidence on returns. Funds do net offer guaranteed or assured returns, CPO RoE Mem eee tes eam RCD Oe aes Marg, Prabhadevi, Mumbai - 400025. Insurance is the subject matter of the solicitation. For more details on risk fectors, tems and conditions, please read the sales brochure carefully before concluding a sale. Cell us on 1-860-266-7786 eS ROR eee eee) ‘above belongs to M/s ICICI Bank Ltd & Prudential IP services Ltd which shall be used by ICICI Prudential Life Insurance Company Ltd under Registered License No.: 105. ICICI Pru Smart Life UIN: 105L145VO1. Advt. No.: W//569/2015-16. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS Te + IADAI rts officals do not involve in activities ike sale of any knd of insurance o financial products nor invest premiums. + IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along Sree te ae