Having your own house could be a dream of a lifetime. We at ICICI Prudential want to ensure that your dream comes true,..
In association with your home loan providing bank, we are pleased to bring to you,ICICI Pru Home Assure. This extremely affordable Term Life Insurance Plan offers you protection for your loan amount and complete convenience in application.
- What happens in the unfortunate event of death?
- Will my cover continue in case of partial prepayment of the loan?
- Will my cover continue if I foreclose my loan or transfer it to another company?
- 70% of the single premium * (outstanding term at surrender / original term).
- The surrender value will be payable only if the amount is not less than Rs. 250.
- ICICI Pru Home Assure is a single premium term insurance plan. You choose the initial sum assured equal to your loan amount. Your benefit in any year is based on the initial loan schedule. On death during the term of the plan, the benefit based on the initial loan schedule is payable.
- This benefit can be used towards the outstanding loan amount and any balance would flow to the beneficiary.
- On survival to the end of the term, no benefit will be payable.