ICICI Pru Invest Shield CashBak:

ICICI Pru Invest Shield CashBak as the name goes is an insurance policy that protects your investment as well as allows you to withdraw small amounts of it during the course of the policy term. 

Sometimes, you might not be able to wait till the time of maturity to fulfill your financial requirements.  So in order to satisfy your financial requirements, this policy allows you to withdraw a part of your sum assured during the policy term.

The ICICI Pru Invest Shield CashBak offers,
Investing one’s money in the stock market allows the benefit of eligibility of enriching the investment by providing additional bonuses. At the same time when the market is running a loss, this policy will protect the investment by providing a premium guarantee. 

The premium guarantee is the sum of all the premiums that you have paid and less the partial withdrawals that you have made from your account.

As already mentioned earlier, this policy allows you to take out some money from your account once you have completed six policy years.  You are not permitted to withdraw more than ten percent of your fund value per year.

You will receive the maturity benefit when your policy matures, and it comprises of the higher of the fund value or the guaranteed value.

If the life insured dies during the policy term, his beneficiary is eligible to receive the sum assured as well as the higher of the guaranteed value or fund value.

You can enjoy tax benefits by buying this policy.  You will be happy to know that through this policy even the maturity benefits and death benefits received by you are entitled to receive some tax exemption.

We can conclude by summarizing that this policy is specially designed for anyone who has big plans for fulfilling his dreams in the future and wants them to come alive by keeping this plan as a reserved source of money. 

This is indeed a profitable policy and you could benefit immensely by buying it.