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Get The Best ULIP Plan From ICICI Prudential!

Unit Linked Insurance Plan (ULIP) is a life insurance policy which provides a combination of risk cover and investment. Unlike any other insurance plan, ULIP gives the respective person both, investment and insurance under one single integrated plan. 

ULIP offers investors options that invest in equity and debt. An aggressive investor can pick equity oriented fund option whereas a conservative one can go with debt option.

ULIP calculator

A ULIP calculator is a tool that allows an investor to calculate the premiums and check the returns on his/her ULIP plan. While using a ULIP calculator, it is very important that you keep important details along with you such as your premium payment, type of und, the amount you want to invest, etc. Using this tool is quite simple and hassle-free. 

ICICI Prudential Life time Classic

ICICI Prudential Life Time Classic is an online ULIP plan that offers its customers the potential to grow their money. It also ensures financial protection of the investor’s family, in the event of investor’s unfortunate demise. 


Factor Minimum Maximum
Age (as on last birthday) 0 Years 65 Years (limited/regular Pay), 75 Years (Single Pay)
Age at Maturity 18 Years 75 Years (limited/regular Pay), 80 Years (Single Pay)
Policy Tenure Single Pay: 5 To 30 Years Limited & Regular Pay: 10, 15 To 25 Years
Premium Paying Term (PPT) Single/Regular/Limited Pay (5 To 10 Years)
Premium Paying Mode Single, Annually, Semi-Annually & Monthly No Limit
Basic Sum Assured Single Pay- 1.25 Times The Single Premium Regular & Limited Pay- For Age At Entry Up To 44 Years- Higher Of (10 Times The Annualized Premium Or 0.5 * Policy Term * Annualized Premium) For Age At Entry 45 Years & Above- Higher Of (7 Times The Annualized Premium Or 0.25 * Policy Term * Annualized Premium) Single Pay- 10 Times The Single Premium (0 To 38 Years), 1.25 Times The Single Premium (39 Years & Above) Regular & Limited Pay- Depending On Maximum Sum Assured Multiples
Freelook Period 15 Days/30 Days (for Distance Marketing Channel) From The Receipt Of The Policy
Grace Period 30 Days (15 Days For Monthly Mode)
Plan Type Online
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Savings – The most significant benefit of investing in a ULIP plan is it helps one inculcate the habit of savings. This indirectly helps the person in planning for a stable financial future.

Protection – A ULIP plan gives the benefit of protective life cover. This ensures your family’s security in the case of your absence.

Tax Benefit – The investment that is made in a ULIP plan is eligible for tax savings under Section 80C of the Income Tax Act, 1961. 

Growth – Investing in a ULIP helps one in growing financially. It also helps in achieving life-goals such as buying a car, house, funding your child’s education and more.

So, what are you waiting for? The earlier you start investing in a ULIP plan, the earlier you’ll be able to achieve your goals. 

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