Icici Prudential Life Insurance Co. Ltd. · NSE:ICICIPRULI
Icici Prudential Life Insurance — Investor Presentation
29 slides from Icici Prudential Life Insurance's investor presentation
Slide 1: Life is a journey
Life is a journey
Slide 2: There are Milestones and a Destination
There are Milestones ….. 100km 200km 300km 400km ….and a Destination
Slide 3: Your Destination is more enjoyable if….
Your Destination is more enjoyable if….
Slide 4: Each milestone you cross leaves you with a nice feeling
Each milestone you cross leaves you with a nice feeling
Slide 5: Each milestone you cross brings you closer to your destination…
Each milestone you cross 100 km brings you closer to your destination…
Slide 6: And gives you instant gratification
And gives you instant gratification
Slide 7: Presenting ICICI Pru Cash Advantage
Presenting ICICI Pru Cash Advantage
Slide 8: Because customers love liquidity
Because customers love liquidity Customers want to access their money ULIPs More than 80% of the sales done through ULIPS After returns, Liquidity was the key selling point Top objection in traditional endowment policies like GSIP is liquidity
Slide 9: What does the customer want
What does the customer want In the last five years customers have asked for Safety or Guarantee Liquidity
Slide 10: What does Cash Advantage offer?
What does Cash Advantage offer?
Slide 11: Milestones in life
Milestones in life In life, small milestones are Child’s tuition fee, child’s cricket coaching or guitar class, car servicing, electricity bill, 100km monthly grocery, own gym membership, Fuel cost etc. The list goes on & on… For now we pay most of this from our salary How about an insuran
Slide 12: How does the plan work?
How does the plan work? Vested reversionary bonuses + Terminal bonus + Guaranteed Maturity Benefit Premiums Guaranteed Cash Benefit Premium payment Payout term term Life cover for the entire policy term
Slide 13: How does the plan work?
How does the plan work? Step1: Choose Premium payment term, premium, Sum Assured, premium payment mode and cash benefit mode Step 2: Guaranteed Maturity Benefit and Guaranteed Cash Benefit calculated basis above factors as well as age Cash Guaranteed at entry Benefit Maturity Benefit Benefits De
Slide 14: Surrender
Surrender Policy acquires a surrender value as per the table below Premium payment Surrender Value option 5 or 7 pay After 2 full year’s premium 10 pay After 3 full year’s premium
Slide 15: Boundary conditions
Boundary conditions Premium payment option 5 pay 7 pay 10 pay Premium payment term 5 years 7 years 10 years (PPT) Payout term 10 years Policy term (PPT + Payout 15 years 17 years 20 years term) Rs. Rs. 18,000 Rs. 12,000 Minimum annual premium Age at 30,000 Sum Assured entry multiple Maximum annual p
Slide 16: Cash advantage- A Five Star product
Cash advantage- A Five Star product Five star benefits Guaranteed Guaranteed Guaranteed maturity Cash Death benefit benefit benefit Reversionary bonus declared Tax benefits every year
Slide 17: How to pitch ICICI Pru Cash Advantage
How to pitch ICICI Pru Cash Advantage
Slide 18: ICICI Pru Cash Advantage – Child story
ICICI Pru Cash Advantage – Child story From school fees to university admission! Customer pen portrait: 30 year old, recently became a father Needs: Comprehensive education solution for the child What he saves: Rs. 1 lakh for 7 years What he gets School fee support: From child’s age 7 to 1
Slide 19: How does the solution work?
How does the solution work? Higher education corpus of Rs. 8.5 lakh Pay Rs. 1 lakh for 7 yrs Get Rs. 3,600 p.m. for 10 yrs Premium payment Payout term term Life cover for the entire policy term
Slide 20: Gift your Grand child, Cash every year
Gift your Grand child, Cash every year Every Kid loves to visit his grand parents, specially during festivals in anticipation of gifts. Grand parents also love to shower their grand children with gifts when they visit. Through Cash Advantage make your presence felt every year in your grand child
Slide 21: ICICI Pru Cash Advantage – Gifting Story
ICICI Pru Cash Advantage – Gifting Story Mr. Zubin is a 65 year old ex-serviceman. He wants to gift Rahul something which will benefit him throughout his schooling. Mr. Zubin gifts a policy of ICICI Pru Cash Advantage to Rahul with a PPT of 5 years and annual premium of Rs. 100000. Maturity be
Slide 22: Commission rates
ICICI PRUDENTIAL? RT Commission rates
Slide 23: Thank You
Thank You @ICICI PRUDENTIAL? pLirFe «NS UR AN CR
Slide 24: Death Benefit
Death Benefit Death Benefit = Higher of SA, Minimum Death Benefit, Guaranteed Maturity benefit + vested reversionary bonuses, if any + interim bonus, if any + terminal bonus, if any Minimum Death Benefit is equal to 105% of sum of premiums paid till date* *excluding extra mortality premiums, ser
Slide 25: Guaranteed Cash Benefit
Guaranteed Cash Benefit For each small milestones in life Guaranteed Cash Benefit is payable in advance during the pay out term Guaranteed Cash Benefit can be received in monthly or annual instalments n t eed ra Gua outs pay r Cash benefit Guaranteed Cash fo t hs m on 100km mode Benefit 1 20 Mon
Slide 26: Maturity Benefit
Maturity Benefit Maturity Benefit = Guaranteed maturity benefit + vested reversionary bonuses, if any + terminal bonus, if any Maturity Benefit shall be at least 100.1% of the sum of premiums paid* less the sum of Guaranteed cash benefits received during the policy term. *excluding any extra mor
Slide 27: Bonuses
Bonuses YearlyCompound reversionary bonus to be declared for in force policies Illustration: cumulative accumulated bonus amount over a 15 year term for a guaranteed maturity benefit of Rs 1 lakh and a reversionary bonus of 4%. Year GMB(Rs) Cumulative GMB Compounded Simple incl. bonus Bonus Bonus
Slide 28: Historical Compounded Reversionary Bonus
Historical Compounded Reversionary Bonus Financial Forever Smart Save 'n' Cash Bak Forever Year Life (SP) Kid Protect(RP Life(RP) ) 2006-07 3.25% 3.25% 3.25% 3.25% 3.25% 2007-08 3.00% 3.00% 3.00% 3.00% 3.00% 2008-09 2.50% 2.25% 2.25% 2.25% 2.50% 2009-10 4.00% 4.00% 4.00% 4.00% 4.00% 2010-11 3.00% 2.
Slide 29: Terminal bonus
Terminal bonus It’s like a loyalty bonus added as a percentage of GMB to the policy held for more than 10 years It is paid in lump sum at the maturity in addition Terminal Bonus for FY 2012 to the Vested Financial bonus Year Terminal Bonus Save n Protect Series I 20.00% Save n Protect Series II
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