ICICI Pru Sukh Samruddhi

ICICI Pru Sukh Samruddhi is a recently launched savings-oriented plan that offers the double benefits of growth potential and guaranteed benefits to the policyholders. In addition to this, the plan comes with a life coverage benefit during the policy tenure, and provides financial security to the family during unforeseen circumstances. 

Read more
Get ₹1 Cr. Life Cover at just ₹449/month+
Why ICICI Prudential Life Insurance? Know More
Coverage till 99 years!
Waiver of Premium on Disability
100% Cover Payout on Terminal Illness
34 Critical Illness Benefit Option
Guaranteed 1 Day Claim Settlement
Save upto ₹54,600 on Taxes

Why ICICI Prudential Life Insurance?

  • Coverage till 99 years!

    Financially secure & leave a legacy for family in your absence with life cover up to 99 Years at affordable premiums

  • Waiver of Premium on Permanent disability

    In case of disability due to accident, burden of paying your future premiums get waived off while your policy cover stays intact

  • 100% Cover Payout on Terminal Illness

    In case you’re diagnosed with a Terminal illness, you get 100% of your cover amount immediately

  • 34 Critical Illness Benefit Option

    This option benefit gives you complete cover amount right after the first diagnosis of 34 Critical Illnesses like cancer, heart attack and kidney failure

  • Guaranteed 1 Day Claim Settlement

    With ClaimsForSure, claims are settled within 24 hours for hassle free experience in those difficult times

  • Save upto ₹54,600 on Taxes

    Premium paid and benefits received are eligible for tax benefits U/S. 80C and 10(10D).

+Tax benefit is subject to changes in tax laws.

++All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Get ₹1 Cr. Life Cover at just ₹449/month+
View plans
Please wait. We Are Processing..
Get Updates on WhatsApp
By clicking on "View plans" you agree to our Privacy Policy and Terms of use

Key Features of ICICI Pru Sukh Samruddhi

Take a look at the key features of Sukh Samruddhi plan offered by ICICI Prudential Life Insurance Company , that makes it one of the best choices if you are looking to build a financially strong future:

  1. ICICI Sukh Samruddhi allows the policyholder to customize their plan with the 2 plan option-

    • Lump sum option, wherein at the time of maturity, the beneficiary will receive a lump sum amount.

    • Income option, wherein at the time of maturity, the beneficiary will receive a lump sum on maturity along with the regular Guaranteed Income, once the premium payment term is completed.

  2. Plan offers a higher maturity benefit to female customers

  3. The plan allows you to build a financial corpus to fulfill your future financial goals such as a child's higher education, purchasing a dream house, or planning for retirement.

Eligibility Criteria of ICICI Pru Sukh Samruddhi

Parameters Lumpsum variant Income variant
Entry Age 0-60 years
Maturity Age 18-90 years 18-85 years
Premium Payment Term Limited Pay Regular Pay Limited Pay
Premium Payment Term 5/6/7/8/10/12 5/6/7/8/10/12

Benefits of ICICI Pru Sukh Samruddhi

ICICI Pru Sukh Samruddhi offers a host of benefits to its policyholders. Take a look at the below-mentioned benefits of the plan:

  1. Death Benefit

    Under this life insurance plan, if the policyholder dies during the policy tenure, then the nominee will receive the death benefit.

    The death benefit payable will be the greater of:

    • SA on Death + Interim Reversionary Bonus, if any + Accrued Reversionary Bonuses, if any + Terminal Bonus, if any;


    • 105 percent of the full premiums paid till the date of death

  2. Maturity Benefit

    If the policyholder outlives the policy term, he/she is eligible to avail of maturity benefit provided all the premiums are paid.

    Under the Lumpsum plan variant, the maturity benefit payable will be:

    SA on maturity + terminal bonus, if any + accrued reversionary bonus, if any.

    Under the Income plan variant, the Maturity Benefit payable will be:

    Terminal bonus, if any + Accrued reversionary bonus, if any.

  3. Guaranteed Income (GI)

    With the Income plan variant, once the premium payment term is completed, the policyholder is eligible to receive Guaranteed Income at the end of every month or year.

  4. Additional benefits

    Under the Income Plan variant, a policyholder has the option to avail:

    • “Save the Date” Benefit, through which, a policyholder has the benefit to receive Guaranteed Income on any one special date, like anniversaries or birthdays. The benefit is available only if the policyholder has chosen the annual payment mode of Income plan variant.

    • “Savings Wallet” Benefit, through which you can accumulate your Guaranteed Income rather than taking them as payment. Also, you can withdraw partially or fully during the Incomer term as per your needs.

  5. Tax Benefits

    Get tax benefits on premiums paid and benefits received as per the prevailing tax laws.

Sample Premium Illustration of ICICI Pru Sukh Samruddhi

Mr. Rohit, a 36-year-old, desires to start saving for his daughter’s wedding and hence decided to save Rs 50K a year for the next 10 years in ICICI Sukh Samruddhi- Income plan variant.

Let’s check out how much Mr. Rohit will receive at the time of maturity:

Benefit Payable Assumed @ 4%pa (in Rs.) Assumed @ 8% pa (in Rs.)
Guaranteed Income p.a 45,450 45,450
Accrued Reversionary Bonus, if any 1,57,646
Terminal Bonus, if any 1,81,164 4,52,456
Lump sum on maturity 1,81,164 6,10,102

After completing his policy term, Mr. Rohit will receive a lumpsum amount along with the bonus, which he can use for his daughter’s wedding.


  • Can I avail Save the date benefit under the lumpsum plan variant?

    Ans: No, the feature of “Save the Date” is available only under the annual mode of the Income plan option.
  • What is the premium payment frequency for ICICI Pru Sukh Samruddhi?

    Ans: Under the plan, one can choose to pay their premium Annually, Half-Yearly, or Monthly.
  • Does ICICI Pru Sukh Samruddhi offer any discounts to the policyholders?

    Ans: The plan offers a staff discount to the employees of the company, under which, the sum assured of 4% will be offered to all policies.
Premium By Age

why buy term insurance

FREE Term Life Insurance Quotes in minutes

  • The Best Price
  • Get Upto 10% Online Discount
  • Dedicated Claim Assistance Program

+Standard T&C Apply

Term insurance articles

Recent Articles
Popular Articles
Best Term Life Insurance in USA

01 Feb 2023

A term life insurance in USA can secure your family against the
Read more
Tata AIA Term Insurance Login

26 Dec 2022

Tata AIA term insurance login portal offers the company’s
Read more
Why NRIs in UAE Should Buy Term Insurance Plans from India?

08 Dec 2022

Term life insurance plan secures the financial future of your
Read more
Best Term Life Insurance Plans in Singapore

07 Dec 2022

An NRI living in Singapore can easily buy the best term life
Read more
Bima Sugam

29 Nov 2022

Bima Sugam is an online marketplace that will offer its services
Read more
LIC Term Insurance 1 Crore
LIC of India offers various plans to help you secure the financial future of your loved ones. In order to make
Read more
What Medical Tests are Required for Term Insurance?
Term insurance offers a sum assured to the beneficiary of the policyholder upon their death that can help them
Read more
Term Insurance: Tax Benefits under Section 80D
Term Insurance provides financial security and protection to your family in case of your unexpected death within
Read more
2 Crore Term Insurance Plan
The pandemic has surely generated a global panic and emphasised the importance of financial planning that would
Read more
Types of Deaths Covered and Not Covered by Term Insurance
A term insurance plan is the best way to ensure the financial well-being of your family members in case of any
Read more

View Plans
Download the Policybazaar app
to manage all your insurance needs.