ICICI Prudential Life Guard - Single Premium

Sample Premiums for this plan
Healthy Male | Non-Tobacco User | Policy Term = 10 years
10 Lakhs Cover
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Death Benefit
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Upfront Payment
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Rider benefits

ICICI Prudential Lifeguard Level Term Single Premium Plan of ICICI Prudential is a single premium variant of pure term plan with level cover throughout the policy tenure. This is also a vanilla term plan like Lifeguard Level Premium Term Plan where the nominee would be paid out the Sum Assured if the life insured dies within the policy term but if he doesn’t then there is nothing payable to him on maturity. Only in this case, the premium needs to be paid upfront instead of every year payment.

Compare this plan with other Term Plans

ICICI Prudential Life Guard - Single Premium - Key Features

Death Benefit
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It is a pure Term Insurance Policy with Death Benefit only

Upfront Payment
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Premium needs to be paid upfront only

Rider benefits
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Rider benefits are also available

ICICI Prudential Life Guard - Single Premium - Benefits

Death Benefit

Like a simple term plan, death benefit is payable if life insured expires within the policy tenure.

Maturity Benefit

 Nothing is payable on maturity.

Income Tax Benefit

 Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C...


There are 2 riders in this plan

  • Accident and Disability rider- this is an accidental death and disability rider
  • ...

Eligibility conditions in ICICI Prudential Lifeguard Single Premium Plan

  Minimum Maximum
Sum Assured (in Rs.) 2,50,000 10,00,000
Policy Term (in years) 3 15
Premium Payment Term (in years) Single Single
Entry Age of Policyholder 18 55
Age at Maturity - 65
Single premium Nothing specified Nothing specified
Payment modes


ICICI Prudential Life Guard - Single Premium - FAQs

angle right iconWhat happens if you stop paying the premium?

There is no question of not paying the premium as the entire premium is paid up front.

angle right iconWhat happens if you want to surrender the policy?

Option to surrender this policy is not available.

angle right iconWhat happens if you want a loan against your policy?

 Loan facility is not available under this policy.