When you buy a car you are providing your family with one of the best comforts that life has to offer. When you insure your car, you protect yourself and your family from financial impact that could arise from accidents, repairs or theft. While you have ensured their comfort today, what about their financial security tomorrow?
A term life insurance plan is a financial instrument that will ensure that your family is financially secure, when you are not around. It is the simplest form of life insurance that provides high cover at low premiums. In the case of an unfortunate event, your family can use the benefit amount to pay outstanding bills, car or home loan EMIs and still have money to continue living their day to day life. Not only that, but while your car insurance premiums do not come with tax benefits, the premiums paid towards term life insurance is tax free under section 80C of the Income Tax Act, 1961.
7631/- p.a.
7631/- p.a.
1.00 Crores
The payout amount that the nominee receives in case of death of the life assured.
You get protection against 34 life threatening illnesses. After this benefit is paid, the policy continues with a reduced life cover (Sum Assured less the Critical Illness benefit which is paid out). If the CI benefit paid out is equal to the sum assured, the policy will be terminated on payment of the CI benefit. Maximum amount that can be availed is1 Crore.
By submitting my details, I override my NDNC registration and authorize ICICI Prudential and its representatives to contact me. I further consent to share my information on confidential basis with third parties for evaluating and processing this proposal.
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| Plans |
death benefit / Terminal
illness benefit
Life Assured will receive sum assured in case of detection of terminal stage illness. |
Waiver of
premium on Disability
In the unfortunate case of permanent disability due to an accident, your policy continues and no more premium to be paid. |
Accidental death benefit(optional)
Give your loved ones a larger payout in case of your unfortunate demise due to an accident. |
Critical Illness Benefit(optional)
The CI Benefit offers you coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs in the unfortunate case of diagnosis of any of these illnesses. Maximum amount you can avail |
Your yearly Premium * |
|---|---|---|---|---|---|
|
|
for 30 years
N.A.
|
7,631
|
|||
|
for 30 years
N.A.
|
7,200
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. You also get the Critical Illness (CI) Benefit. This benefit provides coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs. The benefit is payable irrespective of the actual expenses incurred for treatment and on first occurrence of any of the covered 34 illnesses. |
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|
|
6,900
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
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|
6,700
|
|||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||||
| Plans |
death benefit / Terminal
illness benefit
Life Assured will receive sum assured in case of detection of terminal stage illness. |
Waiver of
premium on Disability
In the unfortunate case of permanent disability due to an accident, your policy continues and no more premium to be paid. |
Accidental death benefit
In case of death of the life assured due to an accident, the nominee will receive double the sum assured (if life cover is 10 lakh and ADBR is 10 lakh then the nominee will receive 20 lakh). Maximum amount that can be availed is |
Critical Illness Benefit
The CI Benefit offers you coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs in the unfortunate case of diagnosis of any of these illnesses. Maximum amount you can avail₹ 1 Crore |
Your yearly Premium * |
|---|---|---|---|---|---|
|
|
for 30 years
N.A.
|
7,631
|
|||
|
for 30 years
N.A.
|
7,200
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. You also get the Critical Illness (CI) Benefit. This benefit provides coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs. The benefit is payable irrespective of the actual expenses incurred for treatment and on first occurrence of any of the covered 34 illnesses. |
|||||
|
|
6,900
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
|||||
|
6,700
|
|||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||||
| Plans |
death benefit / Terminal
illness benefit
Life Assured will receive sum assured in case of detection of terminal stage illness. |
Waiver of
premium on Disability
In the unfortunate case of permanent disability due to an accident, your policy continues without you having to pay any premiums. |
Accidental death benefit
In case of death of the life assured due to an accident, the nominee will receive double the sum assured (if life cover is 10 lakh and ADBR is 10 lakh then the nominee will receive 20 lakh). Maximum amount that can be availed is |
Critical Illness Benefit
The CI Benefit offers you coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs in the unfortunate case of diagnosis of any of these illnesses. Maximum amount you can avail |
Your Premium* |
|---|---|---|---|---|---|
|
|
for 30 years
N.A.
|
7,631
|
|||
|
for 30 years
N.A.
|
7,200
|
||||
|
|
15,841
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
|||||
|
6,700
|
|||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||||
| Plans |
death benefit / Terminal
illness benefit
Life Assured will receive sum assured in case of detection of terminal stage illness. |
Waiver of
premium on Disability
In the unfortunate case of permanent disability due to an accident, your policy continues without you having to pay any premiums. |
Accidental death benefit
In case of death of the life assured due to an accident, the nominee will receive double the sum assured (if life cover is 10 lakh and ADBR is 10 lakh then the nominee will receive 20 lakh). Maximum amount that can be availed is |
Critical Illness Benefit
The CI Benefit offers you coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs in the unfortunate case of diagnosis of any of these illnesses. Maximum amount you can avail₹ 1 Crore |
Your yearly Premium * |
|---|---|---|---|---|---|
|
|
for 30 years
N.A.
|
7,200
|
|||
|
for 30 years
N.A.
|
7,200
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. You also get the Critical Illness (CI) Benefit. This benefit provides coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs. The benefit is payable irrespective of the actual expenses incurred for treatment and on first occurrence of any of the covered 34 illnesses. |
|||||
|
|
6,900
|
||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
|||||
|
6,700
|
|||||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||||
7631/- p.a.
1 CroreYou get protection against 34 life threatening illnesses. After this benefit is paid, the policy continues with a reduced life cover (Sum Assured less the Critical Illness benefit which is paid out). If the CI benefit paid out is equal to the sum assured, the policy will be terminated on payment of the CI benefit. Maximum amount that can be availed is1 Crore.
By submitting my details, I override my NDNC registration and authorize ICICI Prudential and its representatives to contact me. I further consent to share my information on confidential basis with third parties for evaluating and processing this proposal.
Continue
Receive the entire benefit as one payout
10% of the benefit amount will be paid out for 10 years in equal monthly instalments. The nominee can choose to get the first years benefit as a lump sum and the monthly income will start from the next month for 9 years.
Know moreWith this, you can choose how much of life cover you want as lumpsum and the rest will be paid out as regular monthly income.
Know MoreThe benefit amount is payable in monthly instalments for 10 years starting with 10% of the benefit amount per annum in the first year. The income amount will increase by 10% per annum simple interest every year thereafter.
Know more| Plans | Accidental death benefit | Critical Illness Benefit | Your Premium |
|---|---|---|---|
|
|
for 30 years |
7,631
|
|
Policy Details: ICICI Pru iProtect Smart Life OptionComprehensive care and protection for your familyThe All in 1 option gives you all the benefits of the Life Option - Terminal Illness Benefit and Waiver Of Premium On Disability while also bringing you Accidental Death (AD) BenefitDeath by accident of the breadwinner is a huge shock for the family and loved ones of the insured. With the Accidental Death Benefit we provide a lumpsum addition to the Death Benefit which is paid to your nominee in case of unfortunate event of death by accident. The Life Plus Option is a very affordable way to enhance your coverage significantly. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
for 30 years |
7,200
|
||
Financial support when you need it mostHealth is precious and a health crisis can severely affect your family. The Life and Health Option gives you all the benefits of the Life Option such as Terminal Illness Benefit and Waiver of Premium on Disability while bringing you much needed financial support when you need it most. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
|
6,900
|
||
Added protection for your family and loved ones.This option provides you with all the benefits of the iProtect Life Option such as Terminal Illness Benefit and Waiver of Premium on Disability and also gives you: Accidental Death (AD) BenefitDeath by accident of the breadwinner is a huge shock for the family and loved ones of the insured. With the Accidental Death Benefit we provide a lumpsum addition to the Death Benefit which is paid to your nominee in case of unfortunate event of death by accident. The Life Plus Option is a very affordable way to enhance your coverage significantly. |
|||
|
6,700
|
|||
The perfect way to start protecting your family.ICICI Pru iProtect Smart Life option is loaded with features that help you through difficult times: Terminal Illness benefit:The payout amount that the nominees receive in the unfortunate case of the death or diagnosis of terminal illness of the insured. Waiver of Premium On Disability:In the unfortunate case of permanent disability due to an accident, your policy continues without you having to pay any premiums |
|||
| Plans | Accidental death benefit | Critical Illness Benefit | Your Premium |
|---|---|---|---|
|
|
for 30 years |
7,631
|
|
All in One Option - Benefits in DetailWe will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. You also get the Critical Illness (CI) Benefit. This benefit provides coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs. The benefit is payable irrespective of the actual expenses incurred for treatment and on first occurrence of any of the covered 34 illnesses.
COVERED CRITICAL ILLNESSES
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. The policy will continue with the Death Benefit reduced by the extent of the CI Benefit paid. Once the CI Benefit is paid, the future premium towards CI benefit will stop and your premium amount will reduce. If CI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the CI Benefit. In case of incidences covered under accidental Permanent Disability as well as Critical Illness, benefits shall be paid out under both the options. |
|||
|
for 30 years |
7,200
|
||
Life & Health Option - Benefits in DetailWe will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. You also get the Critical Illness (CI) Benefit. This benefit provides coverage against 34 critical illnesses. We will pay you the CI Benefit, as a lump sum to meet your financial needs. The benefit is payable irrespective of the actual expenses incurred for treatment and on first occurrence of any of the covered 34 illnesses.
COVERED CRITICAL ILLNESSES
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. The policy will continue with the Death Benefit reduced by the extent of the CI Benefit paid. Once the CI Benefit is paid, the future premium towards CI benefit will stop and your premium amount will reduce. If CI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the CI Benefit. In case of incidences covered under accidental Permanent Disability as well as Critical Illness, benefits shall be paid out under both the options. |
|||
|
|
6,900
|
||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
|||
|
6,700
|
|||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||
| Plans | Accidental death benefit | Critical Illness Benefit | Your Premium |
|---|---|---|---|
|
|
for 30 years |
7,631
|
|
Policy Details: ICICI Pru iProtect Smart Life OptionComprehensive care and protection for your familyThe All in 1 option gives you all the benefits of the Life Option - Terminal Illness Benefit and Waiver Of Premium On Disability while also bringing you Accidental Death (AD) BenefitDeath by accident of the breadwinner is a huge shock for the family and loved ones of the insured. With the Accidental Death Benefit we provide a lumpsum addition to the Death Benefit which is paid to your nominee in case of unfortunate event of death by accident. The Life Plus Option is a very affordable way to enhance your coverage significantly. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
for 30 years |
7,200
|
||
Financial support when you need it mostHealth is precious and a health crisis can severely affect your family. The Life and Health Option gives you all the benefits of the Life Option such as Terminal Illness Benefit and Waiver of Premium on Disability while bringing you much needed financial support when you need it most. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
|
6,900
|
||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. 3. In case of death due to an accident, we will pay your nominee the Accidental Death Benefit as lump sum. This benefit ensures that you enhance your life cover significantly at very affordable rates. |
|||
|
6,700
|
|||
|
1. We will pay the Death Benefit (the Sum Assured chosen by you) to your nominee, on the first occurrence of either:
2. On diagnosis of Permanent Disability due to an accident, the future premiums under your policy for all benefits are waived. |
|||
| Plans | Accidental death benefit | Critical Illness Benefit | Your Premium |
|---|---|---|---|
|
|
for 30 years |
7,631
|
|
Policy Details: ICICI Pru iProtect Smart Life OptionComprehensive care and protection for your familyThe All in 1 option gives you all the benefits of the Life Option - Terminal Illness Benefit and Waiver Of Premium On Disability while also bringing you Accidental Death (AD) BenefitDeath by accident of the breadwinner is a huge shock for the family and loved ones of the insured. With the Accidental Death Benefit we provide a lumpsum addition to the Death Benefit which is paid to your nominee in case of unfortunate event of death by accident. The Life Plus Option is a very affordable way to enhance your coverage significantly. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
for 30 years |
7,200
|
||
Financial support when you need it mostHealth is precious and a health crisis can severely affect your family. The Life and Health Option gives you all the benefits of the Life Option such as Terminal Illness Benefit and Waiver of Premium on Disability while bringing you much needed financial support when you need it most. Critical Illness Benefit:Major illness is a serious matter, the cost of care is high and you may also not be able to work. In this time your family needs full support. The CI Benefit offers you coverage against 34 critical illnesses. In case any of these illness are diagnosed we will pay you the CI benefit as a lumpsum and help you the difficult times.
Critical Illnesses covered
Please read the definitions and exclusions mentioned in the Terms & Conditions. *The CI Benefit for Angioplasty is subject to a maximum of Rs. 5,00,000. On payment of Angioplasty, if the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. The future premiums payable for the residual CI Benefit will reduce proportionately. |
|||
|
|
6,900
|
||
Added protection for your family and loved ones.This option provides you with all the benefits of the iProtect Life Option such as Terminal Illness Benefit and Waiver of Premium on Disability and also gives you: Accidental Death (AD) BenefitDeath by accident of the breadwinner is a huge shock for the family and loved ones of the insured. With the Accidental Death Benefit we provide a lumpsum addition to the Death Benefit which is paid to your nominee in case of unfortunate event of death by accident. The Life Plus Option is a very affordable way to enhance your coverage significantly. |
|||
|
6,700
|
|||
The perfect way to start protecting your family.ICICI Pru iProtect Smart Life option is loaded with features that help you through difficult times: Terminal Illness benefit:The payout amount that the nominees receive in the unfortunate case of the death or diagnosis of terminal illness of the insured. Waiver of Premium On Disability:In the unfortunate case of permanent disability due to an accident, your policy continues without you having to pay any premiums |
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High life cover at affordable rates so that your loved ones are financially secure.
Get claim payout up to 1 Crore in case of 34 life critical illnesses*
Save tax up to 54,075^ u/s 80C & 80D. Get Life Cover & Health Cover in one plan.
Give your loved ones a larger payout in case of your unfortunate demise due to an accident.
In case of permanent disability due to accident, your policy continues without you having to pay any premiums.
If diagnosed with a Terminal Illness, we pay you the complete Sum Assured.
Anil is a 35 year old healthy male who works in an IT company. Anil's recently purchased a car by taking a car loan. Anil wants to ensure that his family is financially secure by making sure that the burden of the car loan does not fall on them in case of an unfortunate event. To protect his family from the loan, Anil chose ICICI Pru iProtect Smart with a 1 Crore life cover and regular payout option.
1 Crore with policy term 25 yrs and regular premium payment 10,131 83,333 for 10 years
ICICI Pru iProtect Smart was recently awarded Best Term Insurance Provider
at Money Today Financial Awards 2018.
Our claim settlement ratio as per IRDAI Annual Report for FY 2016–17 is 96.68%.
We were rated No. 1 in Customer Loyalty in FY 2016–17 by Kantar IMRB``.
We are one of India's Top 50 most valuable brands, 4 years in a row by Millward Brown BrandZ```.
* Subject to realization of payment and document.
` The above mentioned premium rate is for ICICI Pru iProtect Smart for 4.2 crore life cover for a 28 year old healthy male for a policy term of 30 years with regular income payout option. The annual premium amount for this assumption will be 25,047 and monthly premium will be 2,139. The premium amounts are inclusive of taxes.
** The critical illness benefit is an accelerated benefit and the death benefit will be reduced by the critical illness cover paid to the policyholder. To know more about the illnesses covered, please refer to the Sales brochure. Available only in Life & Health and All in One Options.
^^ It is subject to maximum of 2 crore and available only in Life Plus and All in One options.
^Tax benefit of 54,075 is calculated at highest tax slab rate of 30.9% (including Cess) on insurance premium of 1,50,000 u/s 80C/80CCC and health premium of 25,000 u/s 80D of the Income Tax Act, 1961. Tax benefits under the policy are subject to conditions under Sec. 80C, 80D and Sec 10(10D) of the Income Tax Act, 1961. Tax benefits u/s 80D are applicable only if Critical Illness Benefit is chosen. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time.
`The above mentioned premium rate is for iProtect Smart for 1 crore of life cover for a 35 year old healthy male for a policy term of 25 years with regular income payout option. The annual premium amount for this assumption will be 10,137.The premium amounts are inclusive of taxes.
# The claim settlement ratio is for Individual Death Claims and is computed as follows: (Individual death claims settled (10615)/Total claims for the year (11034) × 100 i.e. 96.2% in FY 2016.
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. ADVT No: W/II/1958/2017-18
© 2016, ICICI Prudential Life Insurance Company Limited. Registered Address:- ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India). Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. UIN:105N151V03.
`` Kantar IMRB
Source: Business Standard Website
http://www.business-standard.com/article/specials/icici-pru-sbi-life-topple-lic-from-the-top-spot-117051701681_1.html
``` Milward Brown
Sources:
2017 http://brandz.com/charting/35
2016 http://brandz.com/charting/21
2015 http://www.millwardbrown.com/BrandZ/2015
2014 http://www.millwardbrown.com/BrandZ/2014
25,000
