Why is ICICI Pru iCare II special?

ICICI Pru iCare II provides protection to your family. It ensures that they will lead their lives comfortably without any financial worries, even in your absence. In the unfortunate event of death during the policy term, your family will receive a lump sum amount called Life Cover.

With this plan, you also get the option for extra protection in case of death due to accident.

How much money will my family receive in my absence?

Your loved ones will receive a lump sum amount in your absence according to the benefit option chosen by you:

Plan Type Benefit paid out to the nominee
iCare II Option I In this option, the lump sum amount your family receives is equal to the Sum Assured* chosen by you.
iCare II Option II (applicable only for Regular Pay option) You can choose Accidental Death Benefit equal to the sum assured chosen by you up to a maximum of `2 crore.

*Sum Assured is the fixed minimum amount your family receives in your absence.

With this plan, you can reduce your taxable income by paying up to ` 1.5 lakh under Section 80C. This will help you save tax. The amount received on death is also tax free*.

*Tax benefits under the policy are subject to conditions under Section 80C, 10(10D) and other provisions 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.

Product Snapshot

Your loved ones mean everything to you. Wouldn’t you want to ensure that nothing ever comes in the way of their dreams? ICICI Prudential Life Insurance offers ICICI Pru iCare II, a plan that secures your family in your absence.

Product at a Glance - ICICI Pru iCare II

This plan allows you to choose the number of years for which you wish to pay premiums. 

How many times do I have to pay premium?

You have to pay the premium once under One Pay option and throughout the policy term under Regular Pay option.

For how long will I be covered under this plan?

Under Regular Pay, you can choose to be covered for 5 to 67 years.
Under One Pay, you can choose to be covered for either 5 or 10 years.
In case of Regular Pay with Accidental Death Benefit (option II), you can choose to be covered for 5years to 62 years

How much premium can I pay?

You have to pay a minimum premium of `2,400 (excluding taxes).

At what age can I start this plan?

The minimum age to start this plan is 18 years and the maximum age is 65 years.

How many times do I have to pay premium?

You have to pay the premium once under One Pay option and throughout the policy term under Regular Pay option.

For how long will I be covered under this plan?

Under Regular Pay, you can choose to be covered for 5 to 67 years.
Under One Pay, you can choose to be covered for either 5 or 10 years.
In case of Regular Pay with Accidental Death Benefit (option II), you can choose to be covered for 5years to 62 years

How much premium can I pay?

You have to pay a minimum premium of `2,400 (excluding taxes).

At what age can I start this plan?

The minimum age to start this plan is 18 years and the maximum age is 65 years.

This is not applicable for this product
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ICICI Pru iCare II UIN: 105N140V02. W/II/2601/2018-19.

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