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  • ICICI Prudential Life Children Plans

     4.0 / 5.0   by 787 users
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    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    Responsiveness

    ICICI Prudential Life is a customer-oriented establishment which specialises in providing protection and savings products on a long-term basis to its investors. The multiple financial products are offered based on the variety of life stage requirements of customers. ICICI Prudential Life has offers multiple initiatives generating cost-effective instruments, first-rate services, and hassle-free claim settlements to their customers.

    ICICI Prudential Life offers multiple investment options ranging from term life insurance plans and savings plans to retirement plans, unit-linked insurance plans, rural plans, group plans, and children-specific plans.

    Child Education Insurance Plans

    As the name suggests, child education insurance plans essentially provide the elements of savings and protection in order to secure one’s children’s future. The plans falling under this category fundamentally help parents save a portion of their income for their children’s education and other important necessities.

    ICICI Pru Smart Life

    This plan specialises in securing a child’s future even during a time when the parents might not be around. When a parent has decided to spend his/her hard-earned money on providing the best education for his/her children, how does he/she ensure that the child continues their education during an unfortunate event? With ICICI Pru Smart Life one can easily ensure that one’s family continues to receive all the facilities on a long-term basis.

    Following are a few reasons why ICICI Pru Smart Life is a reasonable plan to secure your child’s future:

    • The plan invests in debt and equity funds on a long-term basis thereby generating higher returns for its investors along with the opportunity to grow one’s savings. The combination that ICICI Pru Smart Life offers basically helps investors get through testing times like inflation while still being capable of protecting their investments.
    • The plan offers two strategies/modes that people can choose from. Either they can choose to manage their investments on their own by means of the Fixed Portfolio Strategy wherein the investor can gauge his/her risk appetite and invest in debt and equity funds accordingly. The other strategy known as the Life-Cycle Based Portfolio Strategy essentially involves fund experts (of ICICI Prudential Life) managing investors’ investments strategically in order to create a ideal harmony between debt and equity funds. This is also dependent on the age of the investor.
    • ICICI Pru Smart Life is well-known for being able to offer protection to its investors. In case of an unforeseen event, the plan gives a lump sum payout to the family of the investor. This amount is important as it helps the family get through difficult times by minimising the financial burden.
    • To enhance one’s existing investments and provide rewards to long-term customers, ICICI Prudential Life offers the component of ‘Loyalty Additions’ which assists in wealth creation without the investor having to spend anything from his/her pocket.
    • The organisation is also known for adding ‘Wealth Boosters’ to the savings of investors. This feature does not require any additional investment from the investor’s pocket.
    • Depending on the financial requirements of the investor, he/she will be authorised to withdraw a portion of the money from their savings. However, this can be accomplished only once the policy has been in existence for at least six years.
    • With the ICICI Pru Smart Life plan, one can easily lessen their taxable income by making investments upto Rs.1.5 lakh under Section 80C of the Income Tax Act, 1961. The shift of investment from debt to equity and vice versa will also not attract any tax.

    ICICI Pru Future Perfect Plan

    This plan incorporates the elements of both savings and insurance to provide its investor guaranteed benefits coupled with additional bonus. This plan is considered to be one of the most cost-effective investment options to secure one’s child’s future. The returns generated under this plan are higher and one can easily secure the future of one’s child through financial protection from a life cover.

    What are the Plan’s Benefits?

    The plan offers the following benefits:

    • ICICI Pru Future Perfect offers two guaranteed features under its head - Guaranteed Additions & Guaranteed Maturity Benefit, which not only help in capital growth but also help protect one's investments.
    • There are bonuses (reversionary bonuses, interim bonus, and terminal bonus) offered under ICICI Pru Future Perfect. These bonus amounts help enhance one’s investment by helping it grow further.
    • The payment of premiums under this plan along with maturity proceeds is tax free as per sections 80C and 10(10D) of the Income Tax Act, 1961, respectively.
    • The plan offers a loan facility which means any investor will be qualified to get a loan which will be upto 80% of the plan’s surrender value.
    • While offering protection to its investors, ICICI Pru Future Perfect also guarantees a lump sum payment to the family of the investor in case of an unforeseen event.

    The Claims Procedure:

    Claim settlement by ICICI Prudential is done in three simple steps:

    • The investor must first report the claim. This can be accomplished either online or by physically visiting any ICICI Prudential branch.
    • ICICI has a designated team for handling claims. They assess the claims request and inform the investor in case of any discrepancy or any extra document required.
    • Once all the documents are submitted, the claim amount is released by ICICI Prudential Life.

    Before investing in any of the plans mentioned above, it is advisable to read the terms and conditions pertaining to the same.

    ICICI Prudential Life Children Plans Reviews

  • Page 1 of 40 1 2 3 4 5
    • ICICI Prudential Life Insurance
      "Worst Policy Provider. Dont Trust them"
      0.5 0.5/5 "Unacceptable"
      one of the unethical and non trusted brand. don't go with icici policy there are lots of hidden clause which these guys hide from you. please avoid going for icici pru policy. I have avail policy in month of January they have hide lots of bad things about policy.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 17, 2018
    • ICICI Prudential Life Insurance
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I've a life insurance policy with the ICICI Prudential Insurance for a while. Their services are good. I am paying the premium regularly. So far there hasn't been any issues with their services so far.
      Was this review helpful? 1
      , bangalore
      Reviewed on Sep 11, 2018
    • ICICI Prudential Life Insurance
      "Good insurance policy"
      0.5 4.0/5 "Great!"
      I have taken the life insurance policy in icici , its been started before 1 year and they are good at the time of processing and given complete information, with good benefits, over all the service and the product also was fine with them so without any issue its going well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 27, 2018
    • ICICI Prudential Life Insurance
      "Good service"
      0.5 3.0/5 "Satisfactory"
      Icici prudential life insurance which is recently taken and for this also all the procedures and process were done from the agent itself with our connect, so even this was also a good and smooth process, where i did not face any difficulty to get them, thats good experience with icici.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Aug 22, 2018
    • ICICI Prudential Life Insurance
      "Satisfied with the service"
      0.5 4.0/5 "Great!"
      My life insurance is with ICICI Prudential. The tenure is for ten years. The premium is of 2555 which is paid on a monthly basis. The deduction happens through ECS. The customer services are good. The sum assured and the plan benefits are good too.
      Was this review helpful? 1
      , dibrugarh
      Reviewed on Aug 11, 2018
    • ICICI Prudential Life Insurance
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken this insurance policy almost seven years back and it had been a very good experience with them so far. The premiums had been paying online and the payment methods has been simple and i had been making the payments annually. The policy coverage and the plan benefits with the card also had been good as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 31, 2018
    • ICICI Prudential Life Insurance
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      It has been a very good experience with them and i had not made any claims till now. The insurance policy will cover all the metal parts and i had been paying the premium annually. I had been making the premiums directly and there has not been any issues faced so far.
      Was this review helpful? 1
      , noida
      Reviewed on Jul 29, 2018
    • ICICI Prudential Life Insurance
      "The Service needs Improvements"
      0.5 3.0/5 "Satisfactory"
      I've a life insurance policy with the ICICI Prudential. I am paying a premium of 25000 per year, the rate of interest is very low and so is the returns. The service certainly needs proper improvements considering the returns and interest rate.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jul 26, 2018
    • ICICI Prudential Life Insurance
      "Everyone should have this policy"
      0.5 5.0/5 "Blown Away!"
      I have taken this life insurance policy 13 years. They will provide the sum assured amount of 10 lakhs. Tax benefitable policy. There is a death coverage and accidental coverage is applicable. I used to pay the premium amount of Rs. 18000. I will do the payment through online. The policy will get matured in the year of 2025.
      Was this review helpful? 1
      , pune
      Reviewed on Jul 26, 2018
    • ICICI Prudential Life Insurance
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken this insurance policy very long time back. The sum assured with them had been good and the premium i pay every month is around 3000 and i had been making the payments online. It has been a hassle free experience with them. Their customer support and the staff responses had been good so far.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 20, 2018
    • ICICI Prudential Life Insurance
      "Poor policy"
      0.5 2.0/5 "Expected more"
      I have taken life insurance from Icici Prudential from 2014 . I have choose the tenure period of 20 years . Am paying the premium amount of rs 60000. Am not satisfied with premium amount which is quiet high . Its an average policy i don't recommend. Where i cant able to pre close policy.
      Was this review helpful? 2
      , greater noida
      Reviewed on Jul 10, 2018
    • ICICI Prudential Life Insurance
      "Promising Features"
      0.5 4.0/5 "Great!"
      I've a life insurance policy with the ICICI Prudential and I pay a premium of 4000 Per year.. There is no limit for the claim amount. It offers 10 Lac coverage for cardiac and cancer treatment as well . Considering the features and the low premium it is a promising policy to have.
      Was this review helpful? 0
      , pune
      Reviewed on Jul 02, 2018
    • ICICI Prudential Life Insurance
      "Better"
      0.5 3.5/5 "Pretty good"
      I am having the life insurance policy with the ICICI prudential life insurance company. I would like to say that the response is good one for me with them and there are no issues with the ICICI prudential life insurance company as such.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 29, 2018
    • ICICI Prudential Life Insurance
      "Best"
      0.5 3.0/5 "Satisfactory"
      I have taken the ICICI prudential life insurance company and the customer service is okay one for me with them. I would like to say that the response is also good one with the ICICI prudential life insurance company.
      Was this review helpful? 0
      , hubli
      Reviewed on Jun 28, 2018
    • ICICI Prudential Life Insurance
      "Good Service so far"
      0.5 5.0/5 "Blown Away!"
      I've been using the ICICI Prudential Life insurance policy for a while. I am paying a premium of 50000 Per year. After 5 years I'll be receiving money back and bonus amount. The premium gets Automatically debited from the account via ECS. Their Chat support and phone support is good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 27, 2018
    • ICICI Prudential Life Insurance
      "Better"
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the ICICI prudential life insurance company. Customer service is very good one and the plan benefits are fine because I am looking for tax saving purpose and everything is good one with them.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 26, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 4.5/5 "Excellent!"
      With ICICI PRUDENTIAL i hold a life insurance and the annual premium is 5000. The maturity period is for 3 years and after 43 years i have to renew the policy. They do have accidental coverage benefits.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 25, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The tenuity period is for 10 years. I have been using since 2016 and i am happy by using the life insurance. The payment i do through the on line for monthly once. Apart from that the documentation i have done through the physically at my doorsteps.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jun 20, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      jeevan suraksha i am using since 4 years. Payment i do half yearly once through the on line. Policy coverage is for 2 lakhs and the tenuity is for 15 years and it is a short term. This is for my complete family covers. It is a good insurance that i am holding for my family.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 17, 2018
    • ICICI Prudential Life Insurance
      "Value for money"
      0.5 4.0/5 "Great!"
      I am using ICICI prudential life insurance company from the last three to five years of time. I would like to say that the coverage value is an average one and the customer service is fine one too with the ICICI prudential life insurance company.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 14, 2018
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