ICICI Pru Life - Premier Life Gold Plan - Protector Fund II

NAV on (22 Apr 2026)

53.7704

Objectives

ICICI Prudentials PremierLife Gold is one of the finest wealth creation plans available, PremierLife Gold provides you with the benefit of paying premiums for a brief period but enjoying the benefits of cover and potentially higher returns over the long run. Put simply, PremierLife Gold ensures you enjoy long-term benefits even when you make short-term investments.
Objective--
Accumulate steady income at a lower risk.
Asset allocation--
Debt,Money Market and Cash - 100%
Potential Risk-Reward : Moderate

Benefits

* Limited Premium Payment term: Pay premiums for 3 or 5 years
* Longer Policy Term: Choose to stay invested in the policy, for as Iongas30years.
* Low Charges: One of the lowest priced products in the wealth creation cum insurance category.
* Potential to earn higher returns over a longer term: By investing in unit-linked funds.
* Partial Withdrawals: Ensure liquidity at the time of your need without closing the policy.
* Death Benefit: In the unfortunate event of death, the nominee receives Sum Assured or Fund Value, whichever is higher.
* Settlement Options: Systematically withdraw your funds over a period of 5 years after maturity.
* Switches: Alter your fund allocation according to your financial objectives.
* Riders: Get additional protection against accident and critical illnesses.
* Tax benefits: As per the prevailing Income Tax laws5.

Entry Age Details

PremierLife Gold at-a-glance
Premium Payment Terms	3 years	5 years
Minimum Premium	Rs. 1,00,000	Rs. 60,000
Minimum Entry Age	0 years	0 years
Maximum Entry Age	69 years	65 years
Minimum Policy Term	6 years	10 years
Maximum Policy Term	30 years	30 years
Minimum Maturity Age	19 years	19 years
Maximum Maturity Age	75 years	75 years
Minimum Sum Assured	Higher of (5* Annual Premium OR Policy Term/2* Annual Premium)
Tax Benefit5	Premium paid for the policy and critical illness benefit rider will be eligible for tax benefit under section 80C & SOD respectively Any benefit amount received under this policy will be eligible for the tax benefit under section 10(10D).

Premium Payment Term

Premium Payment Terms:3 years 5 years
Minimum Premium:Rs. 1,00,000 Rs. 60,000
you can opt to get payment on a yearly, half- yearly, quarterly or monthly (through ECS) basis for a period of 1/2/3/4/5years post maturity (settlement period)

Sum Assured Details

Minimum Sum Assured:Higher of (5 Annual Premium OR Policy Term/2 Annual Premium)

Investment Details of the Plan

	Asset allocation	Min.	Max.	Potential Risk-Reward
R.I.C.H. II : Returns from equity investments in four types of industries viz., Resources, Investment/Capital Goods, Consumption and Human Capital leveraged.	Equity & equity related securities Debt, Money markets Cash	80% 0%	100% 20%	High
Flexi Growth II : Long term returns from an equity portfolio of large, mid and small cap companies.	Equity & Equity Related Securities Debt, Money Markets Cash	80% 0%	100% 20%	High
Multiplier II: Long term capital appreciation from an equity portfolio.	Equity & Equity Related Securities Debt, Money Markets Cash	80% 0%	100% 20%	High
Flexi Balanced II: Balance of capital appreciation and stable returns from an equity (large, mid & cap companies) & debt portfolio.	Equity & Equity Related Securities Debt, Money Markets Cash	0% 40%	60% 100%	Moderate
Balancer II: Balance of growth and steady returns from an equity & debt portfolio.	Equity & Equity Related Securities Debt, Money Markets Cash	0% 60%	40% 100%	Moderate
Protector II: Accumulate steady income at a lower risk.	Debt Instruments, Money Market ;Cash	100%	100%	Low
Preserver: Protection of capital through very low risk investments. Investments up to 40% can be allocated to this fund.	Debt Instruments Money Markets Cash	0% 50%	50% 100%	Capital preservation

Withdrawal

One partial withdrawal would be allowed FREE in a policy year & all subsequent withdrawals would be charged at Rs.100 perpartial withdrawal.

Premium allocation Charges

Premium Allocation Charge
This will be deducted from the premium amount at the time of premium payment & units will be allocated thereafter.

Premium Payment Term	% of premium
Premium Payment Term	Year 1	Year 2	Year 3	Year 4	Years
3 years	12%	4%	4%	-	-
5 years	12%	4%	4%	2%	2%

Fund Management Charges

Fund management charge
The 7 funds will have the following fund management charges and these will be adjusted from the NAV on a daily basis:

Fund	R.I.C.H. II, Flexi Growth II, Multiplier II	Flexi Balanced II, Balancer II	Protector II, Preserver
Charge	1.50% p.a	1.00% p.a	0.75% p.a

Mortality Charges

Mortality charges will be deducted on a monthly basis on the calculated value of life cover. Life cover is the difference between the Sum Assured and the Fund Value at the time of deduction of charges. Indicative charges per thousand Sum Assured for a healthy male and family lives areas shown below:

Age (yrs)

Policy Administration Charges

There would be a fixed policy administration charge of Rs. 60 per month.

Rider Premium Charges

Additional Protection with Riders
You can further customise your policy with optional riders, to enjoy additional protection at a nominal extra cost, as given below:

Riders	Benefit
Rider (ADBR)	In the event of death or disability due to accident, the rider benefit amount would be made accordingly.
Critical Illness Benefit Rider CIBR)	In the event of the Life Assured being diagnosed for any of the specified critical illnesses, the rider benefit amountwouldbepaid.

Rider charges for opted riders will be recovered by cancellation of units For further details on the Rider benefits, exclusions and conditions, please ask for the Rider brochure.

Switching Charges

4 free switches allowed every policy year. Subsequent switches will be chargedatRs.100per switch.

Surrender Charges

Yes, you can surrender your policy. Surrender values are available to you after deducting surrender charges and would depend on the number of completed policy years.

a) Applicable Surrender Values where 3 full years' premiums have not been paid have been shown in the table:

Complete policy years for which premiums are paid	Surrender Value as a % of Fund Value
Less than 1 Year	0
One year	25%
Two years	40%

However, this surrender value will be paid only after the completion of three policy years or whenever the policy is surrendered there after. AII benefits under the plan (other than the surrendered benefit) shall cease after the expiry of the days of grace for payment from due date of the first unpaid premium

b) Applicable Surrender Values after payments of 3 full years' premium and three policy years have elapsed:

No. of completed Policy years	Surrender Value as a % of Fund Value
3 years	96%
4 years	98%
5 years onwards	100%

The surrender shall extinguish all rights, benefits and interests under the policy.

Returns (as on 22-Apr-2026)

Period	Absolute (%)	Annualised (%)
1 Week	0	0
1 Month	0.5	7.1
3 Months	1	4.2
6 Months	0.8	1.7
1 Year	2.5	2.5
2 Years	14.4	6.9
3 Years	22.3	6.9
5 Years	33.2	5.9

NAV Chart

Historic Graph:

From

52-week High

₹53.7875

21-Apr-2026

52-week Low

₹52.2562

09-May-2025

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
99% (2023-24)	2% (March 2024)

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What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.