Protection Plans:
- Life Guard (Traditional)
- Save'n Protect (Traditional)
- CashBak (Traditional)
- Home Assure (Traditional)
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ICICI
Prudential's CashBak is a fixed-term insurance plan that provides
you with funds at regular intervals. The plan also keeps your family
financially secure should an untoward event ever occur. Read more
about the features
and benefits of CashBak.
CashBak at a glance
| Minimum / Maximum Entry Age |
16 Years and 55 Years |
| Minimum Sum Assured |
Rs. 75,000 |
| Liquidity years for CashBak 15 Years |
3rd, 6th, 9th and 12th year |
| Liquidity years for CashBak 20 Years |
4th, 8th, 12th and 16th years |
| Maturity Benefit |
50% of Sum Assured + Guaranteed Additions and
Vested bonuses. |
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| Features
and benefits of CashBak:
CashBak is a fixed-term insurance plan that you can invest in for
either 15 or 20 years, depending on your financial goals and
objectives. Take a look at the features and benefits of this plan:
Guaranteed additions: Receive additional sums at
the rate of 3.5% compounded annually on the Sum Assured, for the
first four years.
Liquidity benefit: Receive a percentage of the
basic Sum Assured at the end of year 3, 6, 9 and 12, if you choose a
15-year plan. If you choose a 20-year plan, receive payouts at the
end of year 4, 8, 12 and 16.
Death benefit: Should something happen to you, your
nominee will receive the Sum Assured along with guaranteed additions
for the first 4 years, along with vested bonuses, irrespective of
the survival benefits already paid.
Maturity benefit: Receive 50% of the Sum Assured
along with guaranteed additions, for the first 4 years, and vested
bonuses (if any).
Tax benefits: Enjoy tax savings on your premiums
(under u/s 80 C) and tax exemptions on your death and maturity
benefits [under u/s 10 (10 D)].
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VOTE
FOR YOUR CHOICE
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