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PROTECTION FOR YOU
Life cover at extremely affordable rates so that your loved ones are financially secure.
PREMIUM NEVER CHANGES
Your premium is fixed at the start of the plan and stays the same for the full term.
You get tax benefits on premium paid u/s 80C of the Income Tax Act 1961.
HOW IT WORKS
Anil is a 35 year old healthy male who works as a project manager in an IT company. Anil wants to ensure that his wife, three year old son and retired father live a comfortable life in case of his untimely death. He chooses ICICI Pru iCare II with Death Benefit of 1 crore and Accidental Death Benefit of 50 lakh.
Anil buys ICICI Pru iCare II with Accidental Death Benefit
Life Cover 1 Crore with policy term 30 years and regular premium payment
Annual Premium 28,006 (inclusive of all taxes)
Anil dies in a car accident after few years
His family received a lump sum payout of 1 Crore + 50 Lakh = 1.5 Crore
Tax benefits under the policy are subject to conditions under Sec. 80C of the Income Tax Act, 1961. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time. ICICI Pru iCare II. UIN - 105N140V01. Form No.:T38, T39 and T41. W/II/0831/2016-17.