Three Golden Rules for Investment
icici sip insure
The SIP Insure facility is a step towards facilitating investor convenience by providing a wealth creation opportunity along with an insurance cover that will help protect the investors' family’s interest and fortify their future.
SIP Insure will be available across select equity schemes of ICICI Prudential Mutual Fund and will be extended to Investors (who opt for this facility) at no additional cost to them.
Key Features
No additional documents or medical tests are required; only certain details are to be filled up in the SIP Insure Application Form
Uniform Insurance Cover*
  • Year 1 : 10 Times the Monthly SIP Installment
  • Year 2 : 50 Times the Monthly SIP Installment
  • Year 3 Onwards: 100 Times the Monthly SIP Installment
  • Limits above are subject to maximum coverage of Rs. 20 lakhs per investor across all schemes/plans/folios
  • Life cover continues even if SIP stops (Subject to specified terms & conditions ,please refer to SIP Insure application form for the same)

Age Criteria

  • Minimum / Maximum Entry Age – 18 Years / Below 46 Years
  • Cover continues up to the age of 55 years
For complete details please do refer to the Terms and Conditions section of the SIP Insure application form
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