Complete protection for your loved ones
Buy online & get a 5%
discount ‘throughout
your policy term
- ✔ Covers Covid-19 claims8
- ✔ Large cover at affordable rates2
- ✔ High claim settlement ratio of 97.8%~
- ✔ 34 critical illnesses benefit option##
- ✔ Life cover up to ₹ 2 Crore with telephonic medicals
Buy online & get a 5%
discount ‘ throughout
your policy term
Save more by buying early


Premiums get fixed at the age you buy, for the entire policy duration


I will get What is this ?
In my absence, my family will get
The entire amount in a single installment
Lumpsum payout of ₹ 1 Cr
One large amount + rest in installments
₹ 50%
Lumpsum payout of ₹ 50,00,000 +
Regular monthly income of ₹ 50,000 for 10 years
Regular monthly installments
Regular monthly income of ₹ 83,333 for 10 years
Increasing installments
Regular monthly income starting at₹ 83,333 increasing by 10% every year for 10 years
I will pay for
10 years - I stay covered for the entire policy term of 30 years
What is limited pay?Regular monthly installments
Regular monthly income of ₹ 83,333 for 10 years
Lowest PremiumIncreasing installments
Regular monthly income starting at ₹ 83,333 increasing by 10% every year for 10 years
Regular Pay
Pay regularly for 30 years
Pay premium for the entire duration of the cover
Monthly
premium
₹
Limited Pay
Pay for 7 years
Pay premium for 7 years, stay covered for the entire policy duration.
You save ₹12,920
See HowMonthly
premium
₹970
Limited Pay
Pay for 30 years
Pay premium for 30 years , stay covered for the entire policy duration.
You save ₹12,920
See HowMonthly
premium
₹970

Regular Pay
Pay regularly for 30 years
Pay premium for the entire duration of the cover
Monthly
premium
₹
Limited Pay
Pay for 10 years
Pay premium for 10 years, stay covered for the entire policy duration.
You save ₹12,920
See HowMonthly
premium
₹970
Limited Pay
Pay for 30 years
Pay premium for 30 years , stay covered for the entire policy duration.
You save ₹12,920
See HowMonthly
premium
₹970
I will get What is this ?
Base Premium
₹ 920/month
Critical Illness
₹ 156/month
Accidental Death
₹ 240/month
Additional benefits I can opt for
Critical Illness Benefit Option ₹ 156/month
We pay the entire cover amount on the first diagnosis of a critical illness.
View all 34 illnesses50 Lakhs
Accidental Death Cover ₹ 156/month
Additional cover in case of an accidental death.
25 Lakhs
In my absence, my family will get
The entire amount in a single installment
Lumpsum payout of ₹1 Cr
One large amount + rest in installments
Lumpsum payout of ₹ 50,00,000 +
Regular monthly income of ₹ 50,000 for 10 years
Regular monthly installments
Regular monthly income of ₹ 83,333 for 10 years
Increasing installments
Regular monthly income starting at₹ 83,333 increasing by 10% every year for 10 years
I will pay for
10 years - I stay covered for the entire policy term of 30 years
What is limited pay?
1. Please tell us about your occupation
2. What is your premium budget?

Pro tip : Save 2.5% on your premium when you choose annual premium payment mode7
Key Benefits of our Term Insurance Plan
What is term insurance?
When is the right time to buy a term plan?
Do I need to buy term insurance even if I’m covered under my company’s group policy?
- Not enough cover – The cover provided by company’s life insurance policy (generally ₹ 10-15 Lakh) may not always be sufficient to sustain your family in case something happens to you.
- Will lose coverage if you change your job – This coverage is dependent on your job. If you leave the job, the insurance cover ends then and there, till you join a new job. The period between the end of the old job and the start of the new one would be without cover.
- Standard policy for all employees, not customized to your needs – The life insurance policies provided by your employer are standardized policies which are not customized according to your specific needs and don’t generally contain any provisions for critical illness, terminal illness and disabilities.
What are the benefits of buying a term plan from ICICI Prudential Life Insurance?
What are the benefits of buying a term plan online?
- Ease and convenience - You can complete your purchase in just a few minutes anytime anywhere. The plans can be accessed via mobile internet too.
- Better control – Buying a term policy online lets you customize it according to your exact needs instead of relying on someone else to do so.
- Complete transparency – As there are no intermediaries involved and you buy directly from the insurance company, the entire process is transparent and you are not set up for any unpleasant surprises later on.
- Full security – Your personal and health information is private and secure.
- Online discount – ICICI Prudential provides 5% discount‘ when you purchase our term plan online (If you are an ICICI group employee, you get 10% discount throughout the policy term, even if you leave the organization after purchase of the policy).
What documents are required for buying a term plan online?
- One recent photograph (mandatory)
- PAN card (mandatory)
- Income proof (last 3 months’ salary slip/ last 3 years’ ITR/ Form-16/ last 6 months’ bank statement)
- Official ID proof (any one of - passport/driving license/voter’s ID/Aadhar card)
What is the process of policy issuance?
What kind of deaths are covered in this term plan?
Is death due to COVID-19 covered in this term plan?
What is the maximum life cover I can avail without going out for physical medicals?
What is the process of making a claim?
- - Claimant Statement Form (Death claims / Health claims)
- - Death Certificate (for Death Claims)
- - Medical/Hospitalization Documents
- - Claimant's current address proof, photo identity proof and cancelled cheque/ Copy of bank passbook (for Death Claims)
How many days does it take for a claim to be settled?
- - Policies have to be active for a continuous 3 years with all due premiums paid
- - All mandatory claim documents* should be submitted at the branch before 3 p.m. on a working day
- - Total claim amount of all policies should be less than or equal to ₹ 1.5 Crore
- - Claim must be a non-investigative case
What is a term plan?
How is a term plan different from other life insurance plans?
Why should I buy a term plan?
When should I buy a term plan?
Are there any age limits for buying a term plan?
How to select the best term plan for myself?
- Brand: Choose a well-known brand that is financially strong and sure to be around for a long time. ICICI Prudential Life Insurance is an old and trusted private sector life insurance company in the country with an Assets Under Management value of ₹ 1529.68 bn $ (as on Mar 31, 2020).
- Claim settlement: Select an insurance company with a consistently high claim settlement ratio and an easy and hassle free claim settlement process. With ICICI Prudential’s Term Plan, you can get your claim settled within 1 day*. The company has a claim settlement ratio of 97.8% (FY 2019-20)~ and has paid ₹ 195.28 bn$ in claims (since inception up to Mar 31, 2020). You can check our last 5 years’ claim settlement ratio here.
- Additional benefits: Look for additional benefits such as critical illness coverage and accidental death coverage. ICICI Prudential’s Term Plan provides the option to get health coverage for 34 critical illnesses## up to ₹ 1 Crore and accidental death coverage9 up to ₹ 2 Crore.
Is it better to buy a term plan online or offline?
- Ease and convenience - You can complete your purchase in just a few minutes anytime anywhere. The plans can be accessed via mobile internet too.
- Better control – Buying a term policy online lets you customize it according to your exact needs instead of relying on someone else to do so.
- Complete transparency – As there are no intermediaries involved and you buy directly from the insurance company, the entire process is transparent and you are not set up for any unpleasant surprises later on.
- Full security – Your personal and health information is private and secure.
- Online discount – ICICI Prudential provides 5% discount‘ when you purchase our term plan online (If you are an ICICI group employee, you get 10% discount throughout the policy term, even if you leave the organization after purchase of the policy).
What kind of deaths are covered in a term plan?
How is my premium value decided by this calculator?
How much life cover do I need?
What policy term should I select?
What are the in-built benefits offered under ICICI Pru iProtect Smart?
- Terminal Illness Benefit: You receive 100% claim payout in case you contract a terminal illness3
- Permanent Disability Benefit: All your future premiums are waived off while your policy continues if you get a permanent disability5
What are the optional benefits available under ICICI Pru iProtect Smart?
- Critical Illness Cover: This is an optional benefit the customer can purchase wherein he/she receives a pre-determined claim amount in case of diagnosis of any of 34 specified critical illnesses##. No bills or proof of expenditure4 is required. There is also no restriction of network hospitals. You can use the claim amount to get a treatment of your choice or however else you deem fit. This benefit is accelerated and not additional, which means the policy will continue with the Death Benefit reduced by the extent of the critical illness benefit paid.
- Accidental Death Cover9: This is another optional benefit wherein an additional cover is payable in case of death due to accident. The maximum cover that can be availed is ₹ 2 Crore.
Why is Critical Illness cover## important?
How is Critical Illness cover## different from my mediclaim policy?
How much Critical Illness benefit## can I choose under ICICI Pru iProtect Smart?
When do you receive Critical Illness pay-out?
What happens to the policy and premium when the policy holder is diagnosed with a Critical Illness?
What is Accidental Death cover9?
Why should I buy a separate Accidental Death cover9 when accidental deaths are already covered in the base plan?
How much Accidental Death benefit9 can I choose under ICICI Pru iProtect Smart?
How is my premium value decided by this calculator?
Will my premium increase every year?
Is there any difference between premium rates of smoker and non-smoker buyers?
Which are the different payment terms available for paying premium under ICICI Pru iProtect Smart?
- • Regular pay where you pay for the entire policy term
- • Limited pay where you pay for only 5 years, 7 years, 10 years, till the age of 60 years and policy term – 5 years
- • Single pay where you pay the entire premium in one go (Note – max policy term available with single pay option is 20 years)
What are the advantages of limited pay premium option?
What is the ideal premium payment term?
Which are the different payment frequencies available for paying premium?
Can I change premium payment frequency during the policy term?
What all methods are available to make premium payment?
What is the grace period for making premium payment?
What are the payout options available under ICICI Pru iProtect Smart?
- Lump sum – entire claim payout at once
- Monthly income –payout in equal monthly instalments
- Increasing income – claim payout in monthly instalments that increase by 10% every year
- Lump sum + Income – one large payout at once and remaining in monthly instalments
What is lump sum payout and who should choose it?
What is monthly income plan and who should choose it?
What is increasing monthly income plan and who should choose it?
What is lump sum plus income option and who should choose it?
Can the nominee be changed after I have purchased the policy?
What all details of the nominee are required to purchase this plan online?
What all information should my nominee know?
What will happen if my nominee passes away before me?
What is the application process to buy this plan?
- Personal Information: Here, you need to enter your full name, marital status, highest education level, occupation, PAN number, and your communication address. In case you are salaried, you will be required to give details of the organization you work for – the name and type of organization. In addition to this, you will also be asked to enter details of your nominee – their full name, gender, date of birth and relationship with life assured. You will be required to declare any other life insurance policies you might have.
- Health Details: Here, you need to enter your height, weight and details of pre-existing health conditions, if any. Fill in this page very carefully and to the best of your knowledge to prevent rejection of claim due to incorrect information later.
- Documents Upload: You can choose to upload documents now for faster issuance or proceed to payment directly and upload the documents later. Documents needed are your photograph, PAN card, Address Proof (Aadhar card/Passport/Driving License/Voter’s ID) and Income Proof (last 3 months’ salary slips/ last 3 years’ ITR/ last 6 months’ bank statement/ Form 16). Accept the declaration that all the information submitted by you is correct and move to the payments page.
Can I fill this application form on my mobile phone?
What documents are required for buying a policy online?
- i. One recent photograph
- ii. PAN card (mandatory)
- iii. Income proof (last 3 months’ salary slip/ last 3 years’ ITR/ Form-16/ last 6 months’ bank statement)
- iv. Official ID proof (passport/driving license/voter’s ID/Aadhar card)
What all income can I club in the income field in the application form?
Which address has to be mentioned in the application form?
How can I check the status of my application?
How can I cancel my application?
What are the various methods of paying premium online?
How much tax can I save with a term plan?
How will I get instant tax certificate?
What is the Married Women's Property (MWP) Act and who is it useful for?
Does ICICI Pru iProtect Smart provide the option to buy the plan under Married Women's Property (MWP) Act?
Who all can be added as a beneficiaries under the MWP Act?
Are there any special advantages available for women?
Can this policy be purchased by housewives?
Can this policy be purchased by pregnant women?
Can I purchase term insurance if I’m a smoker?
I smoke occasionally, do I need to declare myself as a smoker?
I earlier used to smoke cigarettes but now I have quit smoking. Do I need to declare myself as a smoker?
What will happen if I start consuming alcohol or tobacco after policy issuance?
Will COVID-19 claims8 be covered under this policy?
What is Claim Settlement Ratio and why is it important?
What is the claims process?
- - Claimant Statement Form (Death claims / Health claims)
- - Death Certificate (for Death Claims)
- - Medical/Hospitalization Documents
- - Claimant's current address proof, photo identity proof and cancelled cheque / Copy of bank passbook (for Death Claims)
How long does it take for claims to be settled?
- - Policies have to be active for a continuous 3 years with all due premiums paid
- - All mandatory claim documents* should be submitted at the branch before 3 p.m. on a working day
- - Total claim amount of all policies should be less than or equal to ₹ 1.5 Crore
- - Claim must be a non-investigative case
Can a claim be rejected?
Will the claim be settled if I die within one year of policy purchase?
Will this policy honour my claim if I die outside country?
Key Benefits of our Term Insurance Plan
Most relevent
What is a term plan?
When is the right time to buy a term plan?
Do I need to buy term insurance even if I’m covered under my company’s group policy?
- Not enough cover – The cover provided by company’s life insurance policy (generally ₹ 10-15 Lakh) may not always be sufficient to sustain your family in case something happens to you.
- Will lose coverage if you change your job – This coverage is dependent on your job. If you leave the job, the insurance cover ends then and there, till you join a new job. The period between the end of the old job and the start of the new one would be without cover.
- Standard policy for all employees, not customized to your needs – The life insurance policies provided by your employer are standardized policies which are not customized according to your specific needs and don’t generally contain any provisions for critical illness, terminal illness and disabilities.
What are the benefits of buying a term plan from ICICI Prudential Life Insurance?
What are the benefits of buying a term plan online?
- Ease and convenience - You can complete your purchase in just a few minutes anytime anywhere. The plans can be accessed via mobile internet too.
- Better control – Buying a term policy online lets you customize it according to your exact needs instead of relying on someone else to do so.
- Complete transparency – As there are no intermediaries involved and you buy directly from the insurance company, the entire process is transparent and you are not set up for any unpleasant surprises later on.
- Full security – Your personal and health information is private and secure.
- Online discount – ICICI Prudential provides 5% discount‘ when you purchase our term plan online (If you are an ICICI group employee, you get 10% discount throughout the policy term, even if you leave the organization after purchase of the policy).
What documents are required for buying a term plan online?
- One recent photograph (mandatory)
- PAN card (mandatory)
- Income proof (last 3 months’ salary slip/ last 3 years’ ITR/ Form-16/ last 6 months’ bank statement)
- Official ID proof (any one of - passport/driving license/voter’s ID/Aadhar card)
What is the process of policy issuance?
What kind of deaths are covered in this term plan?
Is death due to COVID-19 covered in this term plan?
What is the maximum life cover I can avail without going out for physical medicals?
What is the process of making a claim?
- - Claimant Statement Form (Death claims / Health claims)
- - Death Certificate (for Death Claims)
- - Medical/Hospitalization Documents
- - Claimant's current address proof, photo identity proof and cancelled cheque/ Copy of bank passbook (for Death Claims)
How many days does it take for a claim to be settled?
- - Policies have to be active for a continuous 3 years with all due premiums paid
- - All mandatory claim documents* should be submitted at the branch before 3 p.m. on a working day
- - Total claim amount of all policies should be less than or equal to ₹ 1.5 Crore
- - Claim must be a non-investigative case
Term insurance
What is a term plan?
How is a term plan different from other life insurance plans?
Why should I buy a term plan?
When should I buy a term plan?
Are there any age limits for buying a term plan?
How to select the best term plan for myself?
- Brand: Choose a well-known brand that is financially strong and sure to be around for a long time. ICICI Prudential Life Insurance is an old and trusted private sector life insurance company in the country with an Assets Under Management value of ₹ 1529.68 bn$ (as on Mar 31, 2020).
- Claim settlement: Select an insurance company with a consistently high claim settlement ratio and an easy and hassle free claim settlement process. With ICICI Prudential’s Term Plan, you can get your claim settled within 1 day*. The company has a claim settlement ratio of 97.8% (FY 2019-20)~ and has paid ₹ 195.28 bn$ in claims (since inception up to Mar 31, 2020). You can check our last 5 years’ claim settlement ratio here.
- Additional benefits: Look for additional benefits such as critical illness coverage and accidental death coverage. ICICI Prudential’s Term Plan provides the option to get health coverage for 34 critical illnesses## up to ₹ 1 Crore and accidental death coverage9 up to ₹ 2 Crore.
Is it better to buy a term plan online or offline?
- Ease and convenience - You can complete your purchase in just a few minutes anytime anywhere. The plans can be accessed via mobile internet too.
- Better control – Buying a term policy online lets you customize it according to your exact needs instead of relying on someone else to do so.
- Complete transparency – As there are no intermediaries involved and you buy directly from the insurance company, the entire process is transparent and you are not set up for any unpleasant surprises later on.
- Full security – Your personal and health information is private and secure.
- Online discount – ICICI Prudential provides 5% discount‘ when you purchase our term plan online (If you are an ICICI group employee, you get 10% discount throughout the policy term, even if you leave the organization after purchase of the policy).
What kind of deaths are covered in a term plan?
How is my premium value decided by this calculator?
How much life cover do I need?
What policy term should I select?
What are the in-built benefits offered under ICICI Pru iProtect Smart?
- Terminal Illness Benefit: You receive 100% claim payout in case you contract a terminal illness3
- Permanent Disability Benefit: All your future premiums are waived off while your policy continues if you get a permanent disability5
Optional benefits
What are the optional benefits available under ICICI Pru iProtect Smart?
- Critical Illness Cover: This is an optional benefit the customer can purchase wherein he/she receives a pre-determined claim amount in case of diagnosis of any of 34 specified critical illnesses##. No bills or proof of expenditure4 is required. There is also no restriction of network hospitals. You can use the claim amount to get a treatment of your choice or however else you deem fit. This benefit is accelerated and not additional, which means the policy will continue with the Death Benefit reduced by the extent of the critical illness benefit paid.
- Accidental Death Cover9: This is another optional benefit wherein an additional cover is payable in case of death due to accident. The maximum cover that can be availed is ₹ 2 Crore.
Why is Critical Illness cover## important?
How is Critical Illness cover## different from my mediclaim policy?
How much Critical Illness benefit## can I choose under ICICI Pru iProtect Smart?
When do you receive Critical Illness pay-out?
What happens to the policy and premium when the policy holder is diagnosed with a Critical Illness?
What is Accidental Death cover9?
Why should I buy a separate Accidental Death cover9 when accidental deaths are already covered in the base plan?
How much Accidental Death benefit9 can I choose under ICICI Pru iProtect Smart?
Premium payment
How is my premium value decided by this calculator?
Will my premium increase every year?
Is there any difference between premium rates of smoker and non-smoker buyers?
Which are the different payment terms available for paying premium under ICICI Pru iProtect Smart?
- • Regular pay where you pay for the entire policy term
- • Limited pay where you pay for only 5 years, 7 years, 10 years, till the age of 60 years and policy term – 5 years
- • Single pay where you pay the entire premium in one go (Note – max policy term available with single pay option is 20 years)
What are the advantages of limited pay premium option?
What is the ideal premium payment term?
Which are the different payment frequencies available for paying premium?
Can I change premium payment frequency during the policy term?
What all methods are available to make premium payment?
What is the grace period for making premium payment?
Payout methods
What are the payout options available under ICICI Pru iProtect Smart?
- Lump sum – entire claim payout at once
- Monthly income –payout in equal monthly instalments
- Increasing income – claim payout in monthly instalments that increase by 10% every year
- Lump sum + Income – one large payout at once and remaining in monthly instalments
What is lump sum payout and who should choose it?
What is monthly income plan and who should choose it?
What is increasing monthly income plan and who should choose it?
What is lump sum plus income option and who should choose it?
Nominee
Can the nominee be changed after I have purchased the policy?
What all details of the nominee are required to purchase this plan online?
What all information should my nominee know?
What will happen if my nominee passes away before me?
Policy related
What is the process of policy issuance?
What is the process of policy issuance?
- • Blood Test
- • Electrocardiogram (ECG)
- • Blood Test
- • Electrocardiogram (ECG)
- • Tread mill test
- • Chest X-ray
- • Sonography
How will I receive my policy documents?
Am I allowed to change the sum assured once I have bought the policy?
Am I allowed to change the policy term once I have bought the policy?
What happens to the policy if the premium is not paid before the due date?
Can I return the policy if I am not satisfied with it?
What will happen to my policy if I become NRI after purchasing this policy?
Application form
What is the application process to buy this plan?
- Personal Information: Here, you need to enter your full name, marital status, highest education level, occupation, PAN number, and your communication address. In case you are salaried, you will be required to give details of the organization you work for – the name and type of organization. In addition to this, you will also be asked to enter details of your nominee – their full name, gender, date of birth and relationship with life assured. You will be required to declare any other life insurance policies you might have.
- Health Details: Here, you need to enter your height, weight and details of pre-existing health conditions, if any. Fill in this page very carefully and to the best of your knowledge to prevent rejection of claim due to incorrect information later.
- Documents Upload: You can choose to upload documents now for faster issuance or proceed to payment directly and upload the documents later. Documents needed are your photograph, PAN card, Address Proof (Aadhar card/Passport/Driving License/Voter’s ID) and Income Proof (last 3 months’ salary slips/ last 3 years’ ITR/ last 6 months’ bank statement/ Form 16). Accept the declaration that all the information submitted by you is correct and move to the payments page.
Can I fill this application form on my mobile phone?
What documents are required for buying a policy online?
- i. One recent photograph
- ii. PAN card (mandatory)
- iii. Income proof (last 3 months’ salary slip/ last 3 years’ ITR/ Form-16/ last 6 months’ bank statement)
- iv. Official ID proof (passport/driving license/voter’s ID/Aadhar card)
What all income can I club in the income field in the application form?
Which address has to be mentioned in the application form?
How can I check the status of my application?
How can I cancel my application?
What are the various methods of paying premium online?
Tax
How much tax can I save with a term plan?
How will I get instant tax certificate?
MWP act
What is the Married Women's Property (MWP) Act and who is it useful for?
Does ICICI Pru iProtect Smart provide the option to buy the plan under Married Women's Property (MWP) Act?
Who all can be added as a beneficiaries under the MWP Act?
For Women
Are there any special advantages available for women?
Can this policy be purchased by housewives?
Can this policy be purchased by pregnant women?
Smokers
Can I purchase term insurance if I’m a smoker?
I smoke occasionally, do I need to declare myself as a smoker?
I earlier used to smoke cigarettes but now I have quit smoking. Do I need to declare myself as a smoker?
What will happen if I start consuming alcohol or tobacco after policy issuance?
Claims
Will COVID-19 claims8 be covered under this policy?
What is Claim Settlement Ratio and why is it important?
What is the claims process?
- - Claimant Statement Form (Death claims / Health claims)
- - Death Certificate (for Death Claims)
- - Medical/Hospitalization Documents
- - Claimant's current address proof, photo identity proof and cancelled cheque / Copy of bank passbook (for Death Claims)
How long does it take for claims to be settled?
- - Policies have to be active for a continuous 3 years with all due premiums paid
- - All mandatory claim documents* should be submitted at the branch before 3 p.m. on a working day
- - Total claim amount of all policies should be less than or equal to ₹ 1.5 Crore
- - Claim must be a non-investigative case
Can a claim be rejected?
Will the claim be settled if I die within one year of policy purchase?
Will this policy honour my claim if I die outside country?
You can depend on us

₹ 1.49 Lakh Cr`
Benefits paid up to March 31, 2020

30 Day Return Policy
If not satisfied, you can return (free look) the policy and get your money back.

Service Assurance 6
Your policy will be issued in 72 hours on receipt of all documents and medical reports.