PRODUCT BENEFITS

 

PROTECTION FOR YOU

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 threatening illnesses*.

100% BENEFIT PAYOUT

100% BENEFIT PAYOUT

If diagnosed with a Terminal Illness, we pay you the complete Sum Assured.

ACCIDENTAL DEATH BENEFIT

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.

PROTECTION AGAINST DISABILITY
In case of permanent disability due to accident, your policy continues without you having to pay any premiums
PROTECTION AGAINST DISABILITY
In case of permanent disability due to accident, your policy continues without you having to pay any premiums

FLEXIBILITY

FLEXIBILITY

You can increase the cover amount at key stages of life like marriage and child birth with life option of this plan.

 

HOW IT WORKS

 

 

Priya is a 32 year old, healthy female who works as a marketing consultant. She has taken a home loan. Realizing the need for protection in her fast-paced life, Priya wants to be well prepared for unforseen circumstances in life.ICICI Pru iProtect Smart - Life and Health option is the perfect solution for her needs.

 

 

The premium rates mentioned above are exclusive of service tax.

Men Icon
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 iProtect Smart - Life option with Death Benefit of `1 crore with Income Payout option which will ensure an adequate monthly income for his family.

 

 

The premium rates mentioned above are exclusive of service tax.

 

4 EASY STEPS










TO BUY ONLINE

 

 

WHY CHOOSE










IPROTECT SMART

 


TAX BENEFITS + PROTECTION

Save tax up to 54,075^ u/s 80C & 80D and secure the future of your loved ones.

ASSURANCE OF CLAIMS SETTLEMENT

ASSURANCE OF CLAIMS SETTLEMENT

Get peace of mind with our claims settlement ratio of 96.2% .

 

ELIGIBILITY CONDITIONS

 

  • At Entry : 18 / 65 years
  • At Maturity : 23 / 75 years
Minimum/Maximum Policy Term
Benefit Option Regular Pay Limited Pay Single Pay
LIFE 05 – 40 years 10 – 40 years 05 – 20 years
LIFE PLUS 05 – 40 years 10 – 40 years 05 – 20 years
LIFE & HEALTH 05 – 30 years 10 – 30 years NA
ALL - IN - ONE 05 – 30 years 10 – 30 years NA
Premium Options
Single Pay Regular Pay Limited Pay
Premium Payment Terms
Single Pay Single
Regular Pay Same as Policy Term
Limited Pay Policy Term – 5 years
 
Critical Illness (CI) Benefit
Minimum 1,00,000
Maximum As per the Company policy
Minimum Premium
2,400 excluding service tax and cesses, as applicable, for life option.
Accidental Death Benefit
Equal to sum assured chosen by you, subject to a maximum limit as per the company policy
Sum Assured
Minimum Subject to the minimum premium
Maximum Unlimited
Mode of Premium Payment
Single Yearly Half - Yearly Monthly

 

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.

#Accidental Death Benefit is up to `2 Crores.Accidental death benefit rider 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.

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. Service tax and swachh bharat cess 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/0593/2016-17.

Back to Top