Signature Capital Guarantee II

What this product is

A combination offering pairing ICICI Pru Signature (market-linked ULIP) with ICICI Pru Guaranteed Income For Tomorrow (guaranteed-return plan), designed to give you both growth potential and a guaranteed floor equal to your total premiums.

You might need this if…

• You might need this if you want market exposure but are nervous about losing your principal — this pairs a growth product with a guaranteed one so part of your money is protected.
• Useful if you'd rather split premiums automatically between a guaranteed plan and a ULIP instead of researching and buying two products separately.
• Fits if you're buying online, since this combination is only available through the online distribution channel.
• Good if you want the option to buy either product individually later — the combination isn't mandatory.

How it actually works

• Premium payment term is 5, 7, or 10 years, with matching policy term combinations (e.g., 5/15, 7/15, 10/20); minimum annual premium ₹60,000.
• Your premium is split between the two products in a 38-62% allocation range, depending on the specific plan configuration chosen.
• The Guaranteed Income For Tomorrow portion returns all premiums paid on maturity as a guaranteed benefit.
• The Signature (ULIP) portion offers market-linked growth from equity, balanced, and debt funds, with no guarantee on returns.
• Combined death benefit draws from both underlying products' individual death benefit terms.
• You cannot surrender or withdraw from the linked (ULIP) portion during the first 5 years.

Worked example

Worth knowing before you decide

• This is two separate products bundled together, not a single unified plan — review both underlying product brochures.
• The ULIP (linked) portion carries full market investment risk; only the guaranteed-income portion is protected.
• No surrender or partial withdrawal on the linked product until the end of the 5th year.
• Illustrated returns on the ULIP portion are not guaranteed and not the upper or lower limit of what you might actually receive.

Official source

⌟ Official product brochure

Learn about this category

Read the full traditional life insurance explainer → · See all traditional savings products →