ICICI Prudential · ULIP · Wealth / investment-oriented ULIP
Signature Secure
A single-premium, 5-year ULIP invested entirely in a low-risk debt fund, with a guaranteed minimum maturity value and life cover — built for people who want ULIP tax treatment without equity-market risk.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeSavings — Linked (ULIP)
CategoryWealth / investment-oriented ULIP
InsurerICICI Prudential
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureYes — fund-value linked
LiquidityNot available in the current product data
Lock-in5 years (statutory minimum for ULIPs)
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A single-premium, 5-year ULIP invested entirely in a low-risk debt fund, with a guaranteed minimum maturity value and life cover — built for people who want ULIP tax treatment without equity-market risk.
You might need this if…
- You might need this if you have a lump sum to invest for exactly 5 years and want a guaranteed floor on what you get back, not market-linked uncertainty.
- Useful if you want ULIP-style structure but with debt-only exposure — no equity funds are offered here.
- Fits if you're 13 to 70 years old and want a simple, one-time payment product without needing to actively manage fund choices.
- Good if you want your family to get a guaranteed minimum death benefit (105% of premiums) alongside life cover, without ongoing premium commitments.
How it actually works
- Single premium only, minimum ₹1,00,000; policy term is fixed at 5 years; entry age 13-70.
- Sum assured multiple is 1.25x premium (ages 13-49) or 1.1x (ages 50-70).
- All money goes into one fund — the Secure Income Fund (80-100% debt, 0-20% money market) — there's no choice of other funds and no switching.
- At maturity you get the higher of fund value or a Guaranteed Maturity Benefit — 140% of single premium for the 1.25x sum assured option, 100% for the 1.1x option.
- On death, nominee gets the highest of Sum Assured, fund value, or 105% of premiums paid.
- No premium allocation or policy administration charges; fund management charge is just 0.75% p.a.
Worked example
A 45-year-old investing ₹10,00,000 with the 1.25x sum-assured option: guaranteed maturity benefit is ₹14,00,000. At an assumed 8% return, maturity value is about ₹14.17 lakh; at 4%, about ₹11.70 lakh. Life cover during the term is ₹12.5 lakh.
Worth knowing before you decide
- No partial withdrawals, no top-ups, no policy loans, and no riders — this is a very restricted, single-purpose plan.
- 5-year lock-in with no surrender option after maturity — the policy simply matures.
- Only one fund is available; you cannot switch or diversify.
- If you discontinue premiums (not applicable here since it's single pay) or surrender early, money sits in a Discontinued Policy Fund earning a minimum 4% p.a. until lock-in ends.
Official source
⌟ Official product brochure
Learn about this category
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