- I am Meenakshi residing at chennai>I had taken a guareenteed savings insurance policy with ICICI prulife.I have paid only the first yeears premium at 2012 and the policy is in dispute.Will i have to forefeit the insurance claim or can the policy come under non forfeiture mode with only the first premium paid.the premium paying term for the policy is seve years with seven years vesting and the maturity is after fourteen years form the date of commencement.Please rply