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ICICI Pru iCare Term Insurance Plans

A Quick Look

You strive to provide comfort, happiness, and security to your family. Even if something unfortunate were to happen to you, you would want your family’s future to be secured at all times.

With ICICI Pru iCare, protect your family’s future and ensure that they lead their lives comfortably without any financial worries, even in your absence.

Also, get the advantage of instant life insurance cover at the click of a button.

Term Insurance Policy

ICICI Pru iCare at a glance

 

Minimum / Maximum age at entry

18 / 65 years (age last birthday)

Minimum Policy term

5 years

Maximum Policy term

Regular Pay: 30 years 
One Pay: 10 years
Policy term will be in multiples of 5 years

Maximum age at policy expiry

75 years (age last birthday)

Minimum premium

Rs. 3,000 (excluding service tax and education cess)

Accidental Death  Benefit                      
(Only with iCare Option  II)                        

Equal to Sum Assured, subject to a maximum of Rs. 50 lakhs

Minimum Sum Assured

Rs. 10 lakhs subject to a minimum premium of Rs. 3,000 (excluding service tax and cesses, as applicable.)

Maximum Sum Assured

Age band (last birthday)

Maximum Sum Assured

18-50

1.5 crore

51-65

70 lakhs

Premium payment option

Regular Pay. Company may offer One Pay option for 5 and 10 year policy terms.

Mode of premium payment

Regular Pay: Yearly
One Pay: Single

Tax benefits

Premium paid towards the policy will be eligible for tax benefits u/s 80C of the Income Tax Act, 1961 2

How can I benefit from this term insurance plan?

How does this term insurance plan work?

How can I buy this plan?