Bonus rates for ICICI Prudential Future Perfect PlanThe table below shows the Bonus rates declared for ICICI Prudential Future Perfect Policy from inception. You can use this to calculate the ICICI Prudential Future Perfect Plan Maturity Value. Reversionary Bonus is the bonus declared every year as a percentage of (Guaranteed Maturity Benefit#/Sum Assured* + sum of all earlier declared Revisionary Bonuses). It is payable on death of the life assured or maturity of the policy.
In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:
Bonus Value = (Guaranteed Maturity Benefit x Bonus Rate) = (Guaranteed Maturity Benefit x Bonus Rate)
Please refer your policy document for Guaranteed Maturity Benefit in ICICI pru Future Perfect Plan.
Simple Reversionary Bonus
Terminal bonus is one time bonus which is payable at maturity. Terminal bonus declared as a percentage of sum assured. As of now, no terminal bonus has been declared in this plan.
On survival of the life assured till the end of the policy term for a policy on which all due premiums are paid,
the following will be payable as Maturity Benefit = Higher of (D, E)
Where D is Guaranteed Maturity Benefit (GMB) + Accrued Guaranteed Additions + Subsisting reversionary bonuses if any + Terminal bonus if any
& E = 100.1% X (annualized premium plus loadings for modal premiums, if any)
Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your ICICI Prudential Future Perfect Policy.
Please contact the ICICI Pru office for exact details of the bonus which has accrued in your plan.You can read more about the plan and it’s working here - ICICI Prudential Future Perfect Plan.