1. Life Insurance Cover is the benefit payable on death of the Life Assured during the policy Maturity

2. Guaranteed Benefits will be payable subject to all due premiums being paid. Guaranteed income will start based on the income start year chosen by you. In case policyholder has not opted for Instant CashBack Feature, income can start from first year.

3. Instant CashBack Benefit amount is paid within one working day of realisation of the first year's premium by the company post issuance of the policy.

4. Policyholder can select yearly, half-yearly or monthly premium payment frequency under this policy. The Instant CashBack Benefit is available only to policies where the policyholder chooses to pay premiums with yearly premium payment frequency.

5. Level Guaranteed Income and Increasing Guaranteed Income are income options available under ICICI Pru GIFT Select. Under Level Guaranteed Income option, the Guaranteed Income will remain constant throughout the income period. If Increasing Guaranteed Income option is selected, the Guaranteed Income shall increase by 5% every policy year on compounding basis.

6. Maturity Benefit shall be payable at the completion of the policy term. The Guaranteed Maturity Benefit shall be expressed as a percentage of the sum of Annualized Premium payable under the policy, where the percentage shall be as chosen by the policyholder at inception of the policy.

7. If you opt for “Low Cover Income Booster” the sum assured on death will be lower and your guaranteed income will be increased.

8. Flexi Save Option provides an option to the policyholder to accumulate the accrued Guaranteed Income benefit with the company instead of receipt in cash. The balance of such unpaid Guaranteed Income benefit payouts will be accumulated with daily accrual of a loyalty addition at the Reverse Repo Rate published by Reserve Bank of India (RBI).

ICICI Prudential Life Insurance Company Limited. Registered Office: ICICI Prudential Life Insurance Company Limited, ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. This product brochure is indicative of the terms, conditions, warranties, and exceptions contained in the insurance policy. For further details, please refer to the policy document. In the event of conflict, if any, between the contents of this brochure and those contained in the policy document, the terms and conditions contained in the policy document shall prevail. ICICI Pru GIFT Select, UIN: 105N223V01. Advt. No.: W/II/1768/2024-25

The plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance. INDUSIND Bank Limited (CA Registration No:CA0001) is the Corporate Agent of ICICI Prudential Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune – 411001. Participation by the Bank’s clients in the insurance products is purely on voluntary basis. Call us on: 1860 267 7777