Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80C by purchasing a Life Insurance Today View Plan

Everything You Need To Know About ICICI Pru GIFT

Updated On Nov 12, 2021

ICICI Prudential Life Insurance has announced the 'ICICI Pru Guaranteed Income for Tomorrow' (GIFT), a new goal-based savings product that provides policyholders with a guaranteed income to help them fulfil their long-term financial goals. This non-participating savings strategy can minimise the volatility of future income streams greatly. The family's financial security is ensured by the life insurance policy, which is essential for a sound financial plan. GIFT is a life insurance plan that emphasises safety and savings while also offering guaranteed benefits to help people achieve their life goals.

ICICI Pru Guaranteed Income For Tomorrow Plan features

The following are the main features of ICICI Pru Guaranteed Income For Tomorrow:

  • Benefits are guaranteed in the form of a lump sum or a monthly payment.
  • You have the option of obtaining guaranteed income starting in the second year.
  • Life insurance protects your loved ones financially in the case of your death.
  • Current tax legislation provides tax advantages on premiums paid and benefits acquired.
  • Possibility of taking out a loan against your insurance policy

Goal-Based Savings Products from ICICI Prudential Life Insurance

There are three types of this goal-based savings product:

  • Income

The maturity benefit can be received as Guaranteed Income for a period of 5, 7, or 10 years, depending on the policyholder's preference. This option, for example, may be ideal for clients who are planning their child's education since the variable premium payment and income period options allow income to be matched to educational goals. This plan option allows you to pay premiums for 5, 7, or 10 years (PPT) and get Guaranteed Income for 5, 7, or 10 years. Your policy's term is PPT+1, and you're covered for life throughout the period.

  • Early Earnings

Guaranteed Early Money is a unique feature of this version that allows clients to start receiving revenue as early as the second year of the policy. Because of the Guaranteed Early Income option, customers no longer have to wait until the insurance policy expires to receive monthly income. Customers may benefit from this choice as their money increases. This plan choice allows you to pay premiums for 7 or 10 years (PPT), and you will start receiving monthly income in the second year. Your policy's term is PPT+1, and you're covered for life throughout the period. The income you get after the policy period has expired is known as Guaranteed Money.

  • One-time payment/lump sum

Customers who choose this option must pay the premium just once throughout the buying process and choose the policy length after which they wish to get the Guaranteed lump sum benefit. Guaranteed returns and life insurance are also available to customers. Another distinctive feature of ICICI Pru Guaranteed Income for Tomorrow is the "Save The Date" tool. This tool may be used to help people remember important dates in their lives. Individuals might, for example, choose to start receiving money on special occasions such as their wedding anniversary, spouse's birthday, and so on.


The ICICI Pru Guaranteed Income for Tomorrow plan may be the perfect option for you if you're looking for a life insurance plan that would provide you with security and guaranteed benefits throughout your life. You may live your life worry-free knowing that you have a variety of plan alternatives to protect your loved ones. This plan also helps you achieve various life goals such as parenthood, marriage, education, and so on. Let's go through the basic principles of this technique before we get into the details. As a result, we offer the ICICI Pru Guaranteed Income For Tomorrow product.

Also read: 

All About Reliance Super Money Back Plan

Why is Money Back Insurance Plan a Must Buy?

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers
Find the right life insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.
Find the right life insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.