ICICI Prudential GSIP is a traditional plan with limited premium pay option and bonus facility; The plan Offers Guaranteed Maturity Benefit. Can you tell me what kind of compounded anuualised returns I can expect from GSIP of ICICI Pru Life? I was made to purchase this policy by. I had taken three plans of “ICICI Pru Guaranteed Savings Insurance Plan” with a premium of 18k, .. I have also Taken GSIP during Feb,

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The Policy will acquire surrender value only after completion of three Policy years and subject to payment of premiums for three full Policy years. All other features were the same as earlier.

A OneInsure representative will call you shortly. This is also part of what they consider the guaranteed payment. So, how much is the insurance cover?

How do I go about it? If you stay for 15 year you will get between lakhs.

ICICI Pru Guaranteed Savings insurance Plan

If he promises 4. I have shared how to do that in this video, just look at and find out what is the IRR for your policywhich the actual true indicator of returns. If i discontinue in the middle I have iicici huge money.

As I wanted to restructure the home loan, they are able to talk and convince me on the same. Could you please register your concern on the updated link below: No benefit shall become payable under the Policy if premiums are not paid for three policy years. This site uses Akismet to reduce spam. gsipp


In regards to your concern pertaining to the icicj, please note that the policy will icixi a surrender value on payment of premium for at least 3 policy years. Leave a Reply Cancel reply Your email address will not be published. If you quit now, you will not even get what you have put.

Please advice me if you can. I took one policy but latter i thought nothing is good in this. This plan has been discountinued Executive says: What about the last 2 yr premiums. May 16, fsip It means after I will complete my 15 years from the plan has been effective I just want to know can I withdraw whole amount which comes to once I completed my 7 successfull years Or do the deduct any amount from my policy.

If you surrender after 3 yrs … the caluclation is as follows.

This is plant to loot common people in the name icicj insurance. You can approach a manager at higher post if you feel that you are not geting a good service. The RA shall be calculated as percentage of the SA.

March 6, at 3: I am aware that this authorization will override my registry under NDNC. If withdrawn after premium paying term i.

Does the above statement mean that I get the money as illustrated after 7 years or beginning of eighth year if i withdraw from plan. The non-guaranteed surrender value will be calculated as the present value of the PUSA, discounted at the GRY at the Review Date immediately preceding the date of surrender plus 2 percent per annum.


Sorry but the returns dont get calculated like this for a policy which has premiums paid each year. March 3, at 6: This plan falls under Section 80C tax saving schemes which means the premium payable will be applicable for deduction from your taxable salary under section 80C. I have already deposited a high value cheque for this scheme and if income tax angle is not clear, it makes no sense to invest there for long term.

Alternatively, you may also post your concern along with your policy details on https: The best answer you can get only from the agent you invested through or just contact the company. I am international CFA Level -1 certified too. Hi All, I have also fall into this trap. In case the 7th is not a working day, the GRY of the next working day shall be considered for this purpose Premium discontinue surrender value on payment of premium for at least 3 policy years.

They never sent me ant insurance policies.

ICICI Guaranteed Savings Insurance Plan Review – OneMint

All these schemes are beneficial only the Insurance Companies. What would be other investment products for me? Any one Pls let me know in details. Also, I am aware that policy surrender would result in premium lapse.