Why is ICICI Pru Sarv Jana Suraksha special?
You wish to provide every comfort to your family. But life is uncertain. Presenting ICICI Pru Sarv Jana Suraksha, a Micro Insurance Term plan that provides financial security to you and your family at an affordable cost. Under this plan, in case of the unfortunate event of your death during the policy term, your family receives a lump sum amount to take care of their immediate financial needs.
How much money will my loved ones receive in my absence?
Your family will receive a fixed amount called Life Cover, which has been chosen by you in your absence.
For example, if you are 35 years and you have opted for a life cover of `50,000, then in case of an unfortunate event, your loved ones will get `50,000 as the life cover amount.
Under this plan, you get life cover at a very low cost. You can either pay a single premium or pay regularly to remain insured under this plan.
How much premium do I have to pay?
Illustrations of premiums paid and the corresponding Life cover amount for a 35-year-old person are shown below:
| Premium payment option | Policy term | Premium per year (`) | Life cover amount (`) |
|---|---|---|---|
| Regular pay | 5 years | 60 | 5,000 |
| 120 | 10,000 | ||
| 600 | 50,000 | ||
| 1,200 | 1,00,000 | ||
| 2,400 | 2,00,000 | ||
| Single pay | 1 year | 50 | 5,000 |
| 100 | 10,000 | ||
| 500 | 50,000 | ||
| 1,000 | 1,00,000 | ||
| 2,000 | 2,00,000 | ||
| 2 year | 100 | 5,000 | |
| 200 | 10,000 | ||
| 1,000 | 50,000 | ||
| 2,000 | 1,00,000 | ||
| 4,000 | 2,00,000 |
*The above premiums are exclusive of taxes.
