ICICI Pru Lakshya Wealth

The life-goals and aspirations of people evolve over a period.  In the rapidly changing lifestyle, bigger goals like child's education, wedding, owning an asset, financial liquidity, and provisions for a contented retired life need a financial strategy to balance protection and savings in tune with the emerging trends. The ICICI Pru Lakshya Wealth helps the individual to adapt to achieve the milestones and give room to the family to realize their dreams.

Read more
Best Investment Plans
  • Save Upto ₹46,800 in tax under Sec 80C

  • Inbuilt Life Cover

  • Tax Free Returns Unlike FD+

Buy Online & Get upto 4% extra#
Get Guaranteed returns along with life cover
invest in 100% Guaranteed Return Plans Tax benefits under sec 80C & No Tax on returns*
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs
Get Updates on WhatsApp
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

The ICICI Pru Lakshya Wealth Policy is a conventional participating life insurance product with in-built flexibility, and enough features loaded to meet the financial needs while protecting throughout the policy term. 

Eligibility Criteria of ICICI Pru Lakshya Wealth

The following are the eligibility criteria of the policy.

Parameters Description
Policy Tenure Limited Pay 5 and 7: 12, 15, 20, 25, and 30 years Limited Pay 10 and 12  : 15, 20, 25, and 30 years
Premium Paying Term(PPT)  Limited Pay: 5, 7, 10, and 12  years
Premium Paying Mode Limited Pay: Yearly, Half-yearly,   or Monthly
Entry Age  Minimum: 0 years Maximum: 70 years minus the Policy Term (Depends on the PPT and the Policy Term)
Maturity Age  18 -70 years
Grace Period  30 days; 15 days for monthly mode of payment 
Sum Assured (on death) Higher of (10 X Annualized Premium or PPT X Annualized Premium)
Liquidity Loan facility is available under this policy once policy acquires surrender value. 

Benefits of ICICI Pru Lakshya Wealth

According to the ICICI Pru Lakshya Wealth Reviews, the policy delivers a host of advantages that helps wealth grow and ensures capital safety. 

  1. Death Benefit

    On death within the policy term, the nominee is paid Death Sum Assured inclusive of accrued additions, provided the ICICI Pru Lakshya Wealth Policy status is active. 

  2. Maturity Benefit

    On survival, the Maturity Sum Assured is paid at the end of the policy term. It includes the accrued regular additions and Guaranteed Value Benefits (GVB). The policy terminates on payment of the above-described benefits.

  3. Guaranteed Value Benefits

    They are designed to enhance the maturity benefits by adding on accounts of the 4S-Start early, Stay More, Save More, and SHE or women policyholders. 

  4. Tax Benefit

    The premium paid and the benefits received during a financial year enjoys tax-exemption under Sections 80C and 10(10D) of the Income Tax Act, 1961. 

*Tax benefit is subject to changes in tax laws

Premium for ICICI Pru Lakshya Wealth

The ICICI Pru Lakshya Wealth premium payment option is Limited Pay only.  Accordingly, the sample indicative, annual premium payable based on PPT and the policy term is:

Limited Pay 5:

  • Policy Term 12 years; Rs. 50000
  • Policy Term 15, 20, 25, and 30 years: Rs.40000

Limited Pay 7: 

  • Policy Term 12 years; Rs. 30000
  • Policy Term 15, 20, 25, and 30 years: Rs.30000

Limited Pay 10/12: 

  • Policy Term 15 years; Rs. 24000
  • Policy Term  20, 25, and 30 years: Rs.12000

*Standard T&C Apply

Documents Required to Purchase ICICI Pru Lakshya Wealth

  • ID Proof
  • Age Proof
  • Address Proof
  • Income Proof
  • Bank account Proof
  • Recent Photograph

How to Buy this Plan Online?

The online ICICI Pru Lakshya Wealth purchase option is open to the applicant. As a first step, the applicant can check the premium amount with a suitable plan model using the ICICI Pru Lakshya Wealth calculator. The other steps are simple:

  • Choose the Sum Assured. 
  • Select the Policy Payment Term, Policy Term and finally, the Premium Payment frequency. 
  • Get a quote for the modelled plan.
  • Pay the amount to complete the purchase. 

Exclusions of ICICI Pru Lakshya Wealth

In case of death by suicide of the policyholder within 12 months of the commencement of the policy or its revival, the liability of the insurer is restricted to 80% of the paid premium or the policy Surrender Value as on the insured's death date( whichever is greater). 


*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Investment Plan
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Invest More Get More!
You Get
₹1 Crores*
You Invest
You Get
₹80 Lakhs*
You Invest
You Get
₹50 Lakhs*
You Invest
Average Rating
(Based on 0 Reviews)
Investment Plan 3

Investment plans articles

Recent Articles
Popular Articles
Lumpsum Investment

21 May 2024

Investments are broadly classified into two categories: the SIP
Read more
Government Bonds

09 May 2024

Government bonds are debt securities issued by a government to
Read more
Monthly Investment Plan

07 May 2024

Monthly Investment Plans are financial products where investors
Read more
SBI NRI Account

07 Feb 2024

The State Bank of India (SBI) NRI account is designed for
Read more
How Thanks giving and Black Friday Affect The Indian Stock Market?

23 Nov 2023

Black Friday and Thanksgiving mark the beginning of the holiday
Read more
20 Best Investment Options in India in 2024
Investing in the best investment options in India helps to maximize your returns and fulfill your immediate and
Read more
Best NRE Savings Accounts for NRIs in 2024
India is a growing economy and is getting a lot of global recognition these days. It has shown immense growth in
Read more
Short Term Investments Options
Short-term investments are financial assets that can be easily converted to cash within a short period, ranging
Read more
How to Change Mobile Number in Post Office Account Online?
Indian Post Payment Bank (IPPB) is the banking division of the Department of Post (Ministry of Communications)
Read more
Post Office Senior Citizen Savings Scheme (SCSS) 2024
The Post Office Senior Citizen Savings Scheme (SCSS) is a government- backed scheme designed specifically for
Read more

Download the Policybazaar app
to manage all your insurance needs.