ICICI Prudential Retirement Income Solution

It's like your income never stops

Presentation for Mr. Mr Ramprakash K

Mr. Mr Ramprakash K, a comfortable retirement life is one of the most important goals of your life and requires disciplined financial planning. Ordinary savings can get frittered away due to unforeseen expenses. So you need a retirement solution which will help you build a retirement corpus, provide you and your spouse regular income and help to to leave a legacy for your child. Keeping this in mind, we have designed "ICICI Prudential Retirement Income Solution" which is an ideal solution for you to get regular income for yourself and your spouse for whole of life along with leaving a corpus for your child. This solution is a combination of ICICI Pru Guaranteed Savings Insurance Plan ( a non linked insurance plan) and ICICI Pru Immediate Annuity plan (a non linked insurance plan). ICICI Prudential Retirement Income Solution offers the following benefits:

Savings Income Legacy

Build a desired corpus for your retirement Avail the option to enjoy regular income for you and your spouse for whole of life Leave a lump sum for your child

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This solution works in two phases:

Investment phase
In this phase, you will purchase an ICICI Pru Guaranteed Savings Insurance Plan. Premiums payable Year 1 to 7 Rs.200000 p.a.
Rs 2962737 @ 8% ARR* Rs. 2369114 @ 6% ARR*

Pay premium of Rs 200000 p.a. for 7 years

33

40

Maturity benefit1 to be paid after 15 years

48

*ARR stands for assumed rate of return.

Income phase
In this phase, you have the option to use the maturity payout of ICICI Pru Guaranteed Savings Insurance Plan to purchase ICICI Pru Immediate Annuity with "Joint Life, Last Survivor with Return of Premium" annuity option.
Benefits Assumed rate of return 8% 6% ICICI Pru Immediate Maturity benefit of ICICI Pru Guaranteed Savings Insurance Plan to be used to purchase ICICI Pru Immediate Annuity Rs. 2962737 Rs. 2369114
Income of Rs. 224564 p.a. for you and your spouse Income of Rs.224564 p.a. continues for your spouse

Annual income2 from year 16 Rs. 224564 Rs. 179570

Lump sum payout to nominee on death of the last surviving partner Rs. 2962737 Rs. 2369114

Nominee gets lump sum of Rs 2962737

48

Lump sum premium of Rs. 2962737

Death of policyholder

Death of spouse

*Guaranteed benefits are available only if all premiums are paid as per the premium paying term and the policy is in-force till the completion of entire policy term opted

1 If your policy offers guaranteed returns, then these will be clearly marked "guaranteed" in the Benefit Illustration. Since your policy offers variable returns, the given illustration shows two different rates of assumed future investment returns. The returns shown above are not guaranteed and they are not the upper or lower limits of what you might get back, as the maturity value of your policy depends on a number of factors including future investment performance. 2 The annuity amount is calculated as per the annuity rate applicable as on 04/08/2012. The annuity amounts are calculated assuming your and your spouse's age to be 33 and 29 years. Annuity rates are not guaranteed and hence subject to change from time to time. Your actual annuity amount will depend on the prevailing annuity rates at the time of purchase of ICICI Pru Immediate Annuity Plan. Tax benefits on premiums paid and benefits received will be applicable as per the prevailing tax laws.

For the purpose of illustration, we have combined the premiums payable and benefits that you may receive under each plan of this solution. These products are also available without combination. To know the details of this solution, please go through the "Terms and conditions" mentioned in the "Customer Declaration" section and the benefit illustrations of individual products as provided to you.

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Solution Benefit Illustration

Premiums payable Year 1 to 7
Benefits Assumed rate of return 8% 6% Maturity benefit at the end of year 15 2962737 2369114 Annual income from year 16 224564 179570 Lump sum payout to nominee on death of the last surviving partner 2962737 2369114

Rs.200000 p.a.

Assumed rate of return of 6 % Estimated Death Annual income Annual Guaranteed Estimated Year Age through ICICI Pru Premium Death benefit benefit through Surrender ICICI Pru Immediate Value Immediate Annuity Annuity 1 33 200000 2000000 0 0 0 2 34 200000 2000000 0 0 0 3 35 200000 2000000 0 259712 0 4 36 200000 2000000 0 384279 0 5 37 200000 2000000 0 532673 0 6 38 200000 2000000 0 708353 0 7 39 200000 2000000 0 915215 0 8 40 0 2000000 0 1012939 0 9 41 0 2000000 0 1120442 0 10 42 0 2000000 0 1238661 0 11 43 0 2078299 0 1368626 0 12 44 0 2182214 0 1511457 0 13 45 0 2291325 0 1668381 0 14 46 0 2405891 0 1840741 0 15 47 0 2526185 0 0 0 15+ 47+ 0 2369114 179570

Assumed rate of return of 8 % Estimated Death Annual income Estimated benefit through through ICICI Pru surrender ICICI Pru Immediate value Immediate Annuity Annuity 0 0 0 0 0 0 0 214120 0 0 325258 0 0 462652 0 0 631057 0 0 835981 0 0 948316 0 0 1074758 0 0 1217006 0 0 1376955 0 0 1556724 0 0 1758678 0 0 1985455 0 0 0 0 2962737 224564

* The annuity amount is calculated as per the annuity rate applicable as on 04/08/2012. The annuity amounts are calculated assuming your and your spouse's age to be 33 and 29years. . Annuity rates are not guaranteed and hence subject to change from time to time. Your actual annuity amount will depend on the prevailing annuity rates at the time of purchase of ICICI Pru Immediate Annuity Plan. Tax benefits on premiums paid and benefits received will be applicable as per the prevailing tax laws. Since your policy offers variable returns, the given illustration shows two different rates of assumed future investment returns The returns shown above are not guaranteed and they are not the upper or lower limits of what you might get back, as the maturity value of your policy depends on a number of factors including future investment performance. The above information must be read in conjunction with the sales brochures and policy documents To know the details of each plan of this combination solution, please go through the benefit illustration of individual products as provided to you.

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ICICI Prudential Retirement Income Solution Customer Declaration for Mr. Mr Ramprakash K

Product Name ICICI Pru Guaranteed Savings Insurance Plan

Policy Term 15

Premium Payment term 7

Premium Payment mode Annual

Modal Premium 200000

Annual Premium 200000

Sum Assured 1400000

ICICI Pru Immediate Annuity to be purchased at the maturity of the ICICI Pru Guarantee Savings Insurance Plan, i.e. after 15 years.

I understand that:
This combination solution comprises of set of policies across one or more products of the company. I have been made aware that these products are also available individually with the Company and it is not mandatory for me to apply for this combination only. This is not a product brochure. I have separately gone through the product brochure of ICICI Pru Guaranteed Savings Insurance Plan (UIN: 105N114V02) and ICICI Pru Immediate Annuity (UIN: 105N009V02) provided to me and have taken the decision to opt for this combination solution after having fully understood the risk factors, product terms and conditions as briefly indicated below: ICICI Pru Guaranteed Savings Insurance Plan: Regular Additions, Maturity Additions, premium discontinuation, Surrender policy revival. etc. Tax benefits on premiums paid and benefits received will be applicable as per the prevailing tax laws. For the purpose of illustrations, the Company has assumed 6% and 8% as the rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits of what I might get back, as the value of my policy depends on a number of factors including future investment performance. The benefit of this combination solution shall become payable only if I continue to pay premiums for the entire policy term / premium payment term, as the case may be. The regular income benefit through ICICI Pru Immediate Annuity plan will be applicable subject to the following conditions. It shall be my sole responsibility to approach the Company after maturity of ICICI Pru Guaranteed Savings Insurance Plan and utilize its maturity benefit to purchase ICICI Pru Immediate Annuity or any other similar product as may be available with the Company at that point of time. Annuity rates are not guaranteed and hence are subject to change from time to time. The actual annuity amount will depend on the prevailing annuity rates at the time of purchase of ICICI Pru Immediate Annuity plan. I shall have the flexibility to choose any of the annuity options offered by the Company at the time of vesting of the product. I Mr Ramprakash K, hereby confirm that I have understood the combination solution features explained to me.This combination solution consists of the products detailed herein in the above table.I understand that in order to get the benefits mentioned in the (combined benefit illustration), I shall have to purchase ICICI Pru Immediate Annuity or similar product separately, subject to availability,at a future date.
Date:............. ................................ Customer's signature

The names of the Company, Product names or fund options do not indicate their quality or future guidance on returns. Funds do not offer guaranteed or assured returns. Investments are subject to market risk E 2012, ICICI Prudential Life Insurance Co. Ltd Registered Address: - ICICI Pru Life Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. Reg No: - 105. Insurance is the subject matter of the solicitation. For more details on the risk factors, term and conditions please read sales brochure carefully before concluding the sale.

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