Life is unpredictable, but you can be prepared. ICICI Protect N Gain offers a unique insurance plan designed to tackle two crucial aspects of financial security: safeguarding your loved ones and growing your wealth. Let's delve into what makes this plan a compelling choice.
Dual Benefit: Protection & Growth
ICICI Protect N Gain goes beyond traditional insurance. It functions as a Unit Linked Insurance Plan (ULIP). This translates to:
Life Cover: Your family receives a pre-determined sum (sum assured) in case of your unfortunate demise. This financial cushion helps them navigate difficult times.
Market-Linked Returns: A portion of your premium is invested in market-linked funds, with the potential for growth over the long term. This can fuel your long-term goals like retirement or your child's education.
Key Features to Consider
Flexibility: Choose a policy term and sum assured that aligns with your needs and budget.
Maturity Benefit: Upon policy maturity, receive the accumulated fund value along with any bonuses.
Maturity Booster: ICICI offers a maturity booster benefit for continuing the policy till maturity, potentially increasing the final payout.
Systematic Withdrawal Plan (SWP): Access your invested funds regularly through SWP to meet your financial milestones.
Tax Benefits: ULIPs offer potential tax benefits on premiums paid, maturity proceeds, and withdrawals under current tax laws (subject to change).
Tailored Protection (Optional Riders)
Enhance your coverage with optional riders like:
Accidental Death Benefit: Provides additional payout in case of accidental death.
Accidental Disability Benefit: Offers financial support in case of permanent disability due to an accident.
Why Choose ICICI Protect N Gain?
One-Stop Solution: Fulfills both your protection and investment needs with a single plan.
Peace of Mind: Provides a safety net for your family's financial future.
Potential for Growth: Market-linked investments offer the chance to grow your wealth.
Flexibility: Tailor the plan to your specific requirements.
Remember:
- ULIPs involve market risks. Investment returns are not guaranteed.
- Carefully consider your risk appetite and financial goals before investing.
Take Control of Your Future
ICICI Protect N Gain empowers you to secure your loved ones while building a brighter financial future.
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