BENEFITS OF OUR
TOP SELLING TERM#
PROTECTION FOR YOU
High life cover at affordable rates so that your loved ones are financially secure.
CRITICAL ILLNESS BENEFIT
Guaranteed benefit 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.
ACCIDENTAL DEATH BENEFIT
In case of death due to accident, the nominee will be paid double the Sum Assured amount+.
PROTECTION AGAINST DISABILITY
In case of permanent disability due to accident, your policy continues without you having to pay any premiums.
100% BENEFIT PAYOUT
If diagnosed with a Terminal Illness, we pay you the complete Sum Assured.
Priya buys ICICI Pru iProtect Smart
Life cover of `50 lakh with policy term 30 years and regular premium payment
Critical Illness Benefit of `20 lakh
Annual Premium `10,859
At 40 yrs Priya is diagnosed with a Critical Illness
`20 lakh is paid to her as a lump sum and the policy continues with the Sum Assured reduced to `30 lakh
Annual Premium will get reduced to `4,362
Priya’s unfortunate death
Nominee gets lump sum death benefit of `30 lakh and the policy terminates.
The premium rates mentioned above are exclusive of service tax.
Anil buys ICICI Pru iProtect Smart
Life Cover `1 Crore with policy term 30 yrs and regular premium payment
Annual Premium `18,134
After Anil's death
His family received a monthly income of `83,333 for 10 years
Secure your wife's future with MWP Act
Buy ICICI Pru iProtect Smart under Married Women's Property (MWP) Act to protect the benefits of your term insurance plan from creditors or relatives who may have fraudulent intentions. When you buy term insurance with MWP Act, you will ensure that the benefits of your plan are indeed passed on to your wife and children.
100% ONLINE & FLEXIBLE PLANYou can buy this plan online in 10 minutes^^ in the comfort of your home or office. You can customize the plan as per your needs.
ASSURANCE OF CLAIMS SETTLEMENTGet peace of mind with our claims settlement ratio of 96.87% .To know more about our claims settlement go here.
*The above mentioned premium rate is for ` 1 crore of life cover for a 25 year old healthy male for a policy term of 15 years with regular income payout option. The annual premium amount for this assumption will be ` 6036 and monthly premium will be ` 504.
` The above mentioned premium rate is for ` 50 lakhs of life cover and ` 10 lakhs of accelerated critical illness cover for a 25 year old healthy male for a policy term of 15 years with lumpsum payout option. The annual premium amount for this assumption will be ` 5846 and monthly premium will be ` 489.
^The above mentioned premium rate is for ` 1 crore of life cover and ` 10 lakhs of accelerated critical illness cover for a 25 year old healthy male for a policy term of 15 years with regular income payout option. The annual premium amount for this assumption will be ` 7,576 and monthly premium will be ` 633.
`The above mentioned premium rate is for ` 1 crore of life cover for a 30 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 ` 9179 and monthly premium will be ` 766. In case of death, the nominee will receive ` 83,333 pm for 10 years.
∞Tax benefits can be availed subject to issuance of policy and other conditions as per prevailing tax laws.
~This feature is only available for Life Option.
*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 under Life and Health and All in One options.
+Accidental Death Benefit is up to `2 Crores.Accidental death benefit is available for the Life plus and All in one option of the plan.
#Top Selling Term Plan refers to ICICI Prudential Life Insurance plans which are bought by customers through the website with our Zero-Paper-Process.
^^Subject to realization of payment and document.
‘As per IRDAI Annual Report 2015-16
^Tax benefit of `54,075 is calculated at highest tax slab rate of 30.9% (including Cess) on insurance premium u/s 80C/80CCC of `1,50,000 and health premium u/s 80D of `25,000. Tax benefits under the policy are subject to conditions under Sec. 80C, 80D and Sec 10(10D) of the Income Tax Act, 1961. Applicable taxes will be charged extra as per applicable rates. Tax laws are subject to amendments from time to time. iProtect Smart UIN: 105N151V01 and Advt No:W/II/1177/2016-17.