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Disclaimers:
Terms and Conditions:
1. Annuity amount is calculated based on age at entry, purchase price, annuity option chosen and mode of annuity payment.
2. Annuity rates are reviewed every calendar month and may be revised. Once the annuity is bought, the rates remain constant and will not change
3. No surrender permitted under this plan
Advt No.W/II/238/2013-14.Click to view disclaimer.
Annuity Options for Immediate Annuity are as follows.
1. Life Annuity: Annuity for Life
2. Life Annuity with Return of Purchase Price: Life Annuity for annuitant with return of purchase price on death to the beneficiary.
3. Joint Life, Last Survivor without Return of Purchase Price : The annuity is first paid to the annuitant. After the death of the annuitant, the spouse receives a pension, which is an amount equal to the annuity paid to the annuitant.
4. Joint Life, Last Survivor with Return of Purchase Price: The annuity is first paid to the annuitant. After the death of the annuitant, the spouse receives a pension which is an amount that is equal to the annuity paid to the annuitant. After the death of the last survivor, the purchase price is returned to the nominee.
5. Life Annuity guaranteed for 5/10/15 years and thereafter: Guaranteed annuity is paid for the chosen term (5/10/15) and after that, the annuity continues as long as the annuitant is alive.
For more details on Annuity Options, please download the product brochure
Terms and Conditions:
1. Annuity amount is calculated based on age at entry, purchase price, annuity option chosen and mode of annuity payment.
2. Annuity rates are reviewed every calendar month and may be revised. Once the annuity is bought, the rates remain constant and will not change
3. No surrender permitted under this plan
As per prevailing law, the service tax (including education cess) rate is 3.09% on premium.
© 2014, ICICI Prudential Life Insurance Co. Ltd. Registered Address: ICICI Prulife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Reg No: - 105. CIN: U66010MH2000PLC127837 Insurance is the subject matter of solicitation. For more details on the risk factors, terms and conditions please read the sales brochure carefully before concluding the sale. UIN of ICICI Pru Immediate Annuity-105N009V06 Tax benefits under the policy are subject to conditions under Sec. 80C of the Income Tax Act, 1961. Service tax and education cess will be charged extra as per applicable rates. Tax laws are subject to amendments from time to time. Advt No.:W/II/239/2013-14