The right term plan to
secure your family's future.
The right term plan to secure your family's future.
  • Payout on diagnosis on 34 critical illnesses (optional)## including cancer, heart attack, kidney failure and more
  • Option to add accidental death cover#
  • Additional 5% discount' when you buy online
BIG%
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Term Insurance Calculator
Attention: Available only for premium more than `3600. Please increase life cover!
Attention: Maximum life cover we can offer you is `50 Lakhs
Male Female
18 years
 
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Total Premium
` 20,79,725 annually
online discount applied'
Add Benefits
`
@ just ` 165
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@ just ` 165
Total Premium
` 20,79,725 annually
online discount applied'
Regular pay Policy term of 60 years @ ` 8,48,409 annually
Limited pay for policy term of 40 years
 
Pay for
Premium
Savings*
5 years
` 3,143 monthly
50%
7 years
` 1,868 monthly
48%
10 years Best Selling+
` 834 monthly
44% See More
42 years
` 834 monthly
44%
62 years
` 834 monthly
Single pay Policy term of 60 years @ ` 8,48,409 once
Total Premium
` 20,79,725 annually
online discount applied'
Popular
  • Receive the entire benefit as one payout
  • 74% of our customers choose this (Source: Buy Online data Jan 2016 - Feb 2019)
  • Helpful in case you have a large outstanding loan like a home loan
` 95% of Life Cover
Your nominee will receive a lumpsum of ` 47,50,00,000 + Regular income of amount ` 2,08,333 every month for 10 years
  • Helpful to cover a small loan and provide your family with regular income
Lowest premiums
  • Receive the payout as equal monthly installments over 10 years
  • 25% of our customers choose this (Source: Buy Online data Jan 2016 - Feb 2019)
  • Helpful in case the nominee is not used to handling a large sum of money at once
  • Receive the payout as increasing monthly installments over 10 yrs
  • Monthly payout will increase by 10% simple interest every year
  • 145% of life cover

 

Get Complete Financial Security with our Top Selling Term Plan^

ICICI Pru iProtect Smart is our top selling term plan^ that offers protection for you till age 99 years at affordable rates along with add-on features like Critical Illness Cover (optional)## and Accidental Death Cover##. The plan also comes with a range of payment options that you can select as per your needs and budget.


Benefits ofICICI Pru iProtect Smart

Legacy For Family

Financial Protection For Family

Secure your family's dreams and future with life cover available till you turn 99 years old.

34 Critical Illness Cover (optional)##

You can get a payout up to 1 Crore in case of 34 critical illnesses including heart attack, kidney failure and cancer - breast & cervical cancer included.

ACCIDENTAL DEATH COVER

Accidental Death Cover (optional)#

Give your loved ones an additional payout (up to 2 crore) in case of your unfortunate demise due to an accident.

100% PAYOUT (TERMINAL ILLNESS)

100% Terminal Illness Payout++

If diagnosed with a Terminal Illness, we pay you the Sum Assured as per your selected payout option.

Waiver of premium++

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

100% BENEFIT PAYOUT

Tax benefits

Save tax up to 54,600~ u/s 80C & 80D of Income Tax Act 1961.


 

You can depend on us

Trusted Claims Experience

-Get peace of mind with our claim settlement ratio at 97.88% as per IRDAI Annual Report FY 2017-18.

Service Assurance

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

30 Day Return Policy

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


Whatexperts say

  • Shubham Gupta – Tech Blogger

    ICICI Pru iProtect Smart is truly a commendable term insurance plan. With the various payout options and features, this term plan makes sure that under any uncalled circumstances our families will always be under our protection. Read more

  • Mansi Zaveri – Parenting Blogger

    ICICI Pru iProtect Smart is perfect for all moms to consider because it means carving a little out of the family budget to plan wisely for the future. The plan fits into your monthly budget and you can choose to pay the premiums monthly, half-yearly or even on an annual basis. Read more

  • Sandeep Kanoi - Finance Blogger

    ICICI Pru iProtect Smart Plan offers different options for enhancing protection for yourself and your loved ones with affordable premiums. The critical illness benefit provides protection against 34 types of critical illnesses. On opting for this benefit you get the claim amount immediately on detection, without any hospital bill. Read more

  • Lakshmi Sharath – Travel Blogger

    In life, we always need a plan B to keep ourselves prepared for the unexpected. That is why, I always fall back on term plans like ICICI Prudential Life’s iProtect Smart which protects me through every walk of life. It gives me longer life cover and also covers me against 34 critical illnesses. Read more

  • Parenting Blogger

    ICICI Pru iProtect Smart is a holistic term plan that is flexible and comprehensive. The plan provides cover against 34 critical illnesses including heart attack, chronic liver disease, kidney failure, brain surgery, major head trauma and Alzheimer’s disease. Read more

Check Our Score Card

  • Lives Covered

    26,235,328

    Across our individuals & group customers as per Monthly Life Council Report as on March 31, 2019.

  • Benefits paid

    `1,29,299 CR

    As per Financial Statements (Schedule 4- Benefits paid (Gross))of the company, benefits paid since inception up to March 31, 2019.

  • Sum Assured

    `11,25,064 CR

    Total Sum Assured figure as per Monthly Life Council Report as on March 31, 2019.

  • Assets Under Management

    `1,60,409.91 CR

    Total assets under management, held at March 31, 2019

 

Howit works


Men Icon

Rakshak 50 Year old, Senior Manager

He wants to create an inheritance for his family so that they are financially secure from his loans and other liabilities.

His family included his 48 year old wife, his 22 year old daughter and 18 year old son.The daughter was doing her MBA and the son was pursuing engineering.

 

Rakshak buys ICICI Pru iProtect Smart

  • He purchased ICICI Prudential iProtect Smart term insurance plan online for a life cover of `3 Cr
  • He selected the new payout option: Lump sum + regular income. With this option, in case of his death, the family would get a large amount followed by regular income for 10 years.

Rakshak’s untimely death

  • After 5 years, Rakshak suffered a massive heart attack and could not survive.
  • The family went into emotional shock. His children did not know what to do about their future. His daughter was yet to be married and his son was still in college.

Family received the benefits

  • His wife made the claim and the family received `1.50 Cr as a lump sum and `1,25,000 every month for 10 years.
  • His daughter got married, son completed engineering and pursued further studies abroad. The remaining amount, his wife has saved for her grand children.
Women Icon

Prerana,32 Year old, School Principal

She’s independent and wants to leave an inheritance as a financial support for her son and daughter in case of her death in the future. She chooses the Lump sum + Regular Income payout option.

 

Prerana buys ICICI Pru iProtect Smart

  • Prerana chooses a life cover of `2 Crore with a policy term of 67 years (whole life cover till age 99)
  • She pays an annual premium of `37,505(incl. of taxes)
  • She chooses lumpsum payout option of `1 crore to be paid out as a regular income of `83,333 per month for the next 10 years

Prerana’s unforeseen death

  • Her son and daughter receive a lumpsum payout of `1 crore and Regular Income of `83,333 every month for the next 10 years.
Men Icon

Jeevan 40 Year old, Senior Manager

He wants to build a huge inheritance corpus to ensure that his family’s future is always secure from any liabilities and disputes. He also wants to create a corpus for critical illnesses to cover the high medical treatment costs that come with a critical illness when he gets older.

 

Jeevan buys ICICI Pru iProtect Smart

  • He chooses a life cover of `2 Crore & a critical illness cover of `20 lakh
  • He chooses Lump Sum payout option & a whole life policy (till age 99) and gets a 59 year policy term
  • He pays an annual premium of `92,583 yearly (incl. of taxes)

Jeevan is diagnosed with a critical illness

  • Critical illness cover of `20 lakhs is paid out as lump sum to Jeevan immediately
  • Life cover reduces to `1.8 crore
  • Premium reduces to `68,214 (incl. of taxes)

Jeevan's untimely death

  • His nominee gets a lump sum payout of `1.8 crore

 

FAQs

Why is term plan the best?

Term plans give financial protection to your family at the most affordable rates. You can get a large amount of life cover (i.e. sum assured) at a relatively low premium rate. The benefit amount is paid out to the nominee in case of death of the person insured.

Is this the right age to buy term plan?

Yes, earlier you buy Term Insurance is better (and cheaper). You can buy term insurance till the age of 65 years.

How much life cover do I need?

Ideal life cover should be 10 to 15 times your annual income.

What KYC documents are required for buying a policy online?

Following KYC documents are required:

  1. PAN/Form 60 (mandatory)
  2. Officially valid document (any one from the list mentioned below)
  3. One recent photograph

List of Officially Valid Documents:

  1. Passport
  2. Driving License
  3. Voter's Identity Card issued by Election Commission of India
  4. Job Card issued by NREGA duly signed by an officer of the State Government
  5. Letter issued by the National Population Register containing details of name, address or any other document as notified by the Central Government in consultation with the Regulator
  6. Proof of possession of Aadhaar (to be taken in masked/redacted form/black out version to be taken from clients

What is the process of policy issuance?

After the medical check is done, KYC documents are submitted and Payment is received, the policy will be issued within 48 hours.

What is the meaning of critical illness?

Critical Illness is a serious health condition that affects an individual’s lifestyle, ability to carry on with regular activities and requires a considerable amount of money towards treatment E.g. Cancer, Heart Attack, Kidney Failure etc.

How to organize medical check-up?

You can fix an appointment on our website during the purchase journey or later on. Based on your age, eligibility, sum assured selected and lifestyle, the medical tests would be as follows:

Home/Office visit: If you have selected this option, you can choose the date and time of examination as per your convenience at your home or office. The tests are completed in about 15-20 minutes. These tests comprise of:

  1. Blood Test
  2. Electrocardiogram (ECG)

Medical center visit: You can choose the date, time & center of examination as per your convenience. These tests are completed within a hour and cost of medicals would be borne by the company. You can also get your medical test report at a request. These tests comprise of:

  1. Blood Test
  2. Electrocardiogram (ECG)
  3. Tread mill test
  4. Chest Xray
  5. Sonography

 

What are the payout options available under ICICI Pru iProtect Smart?

You can choose from four flexible payout options:
Lump Sum - It is the most preferred option online. The Life Cover will be paid as a fixed lump sum. For example, if you choose a Life Cover of ₹ 1 crore, your family will receive the same amount as lump sum in case of your death.
Monthly Income - It is the most economical option. You can choose this option if you want your family to receive a regular monthly income.10% of the benefit amount is payable every year for 10 years. This will be paid in equal monthly instalments, in advance, at the rate of 0.83333% of the total benefit amount.
Increasing Income - This payout option gives 45% more life cover. For example, If your Life Cover is ₹ 1 crore, then your family will receive ₹ 10 lakh in the first year, ₹ 11 lakh in the second year, ₹ 12 lakh in the third year and so on. At the end of the 10th years, total life cover received will be ₹ 1.45 crore.
Lump Sum Plus Income - This is our new payout option, in which the Life Cover will be paid in two parts as selected by you at policy inception. For example, if your life cover is ₹ 1 crore, you can choose to give ₹ 50 lakh as lumpsum and remaining Rs 50 Lakh will be paid out in equal monthly instalments of ₹ 41,667 per month, at the rate of 0.83333% per month over 10 years.

Why is term plan the best?

Term plans give financial protection to your family at the most affordable rates. You can get a large amount of life cover (i.e. sum assured) at a relatively low premium rate. The benefit amount is paid out to the nominee in case of death of the person insured.

Which is the best Term Plan?

We have been awarded 'Best Term Insurance Provider' at Money Today Financial Awards 2017-18 and "Best Insurance Firm of the Year 2018 - Life Insurance" at the Moneycontrol Wealth Creator Awards.

Is this the right age to buy term plan?

Yes, earlier you buy Term Insurance is better (and cheaper). You can buy term insurance till the age of 65 years.

How much life cover do I need?

Ideal life cover should be 10 to 15 times your annual income.

What is the difference between term plan and traditional life insurance plans?

Term plans provide financial security to the family in your absence, whereas, traditional plans are investment plans where you get returns (i.e. cash back). Term plan gives a large sum assured at affordable rates whereas traditional plans gives you limited cover.

Is it better to buy ICICI Pru iProtect Smart online or offline?

It is best to buy ICICI Pru iProtect Smart online because:

  1. You get to buy directly from the insurance company - there are no intermediaries
  2. Your personal and health information is private and secure
  3. You get an online discount on premium for the entire policy term. 5% discount on premium is applicable for regular and limited pay policies. In case of Single Pay, discount applicable is 2% of Single Premium.

How does the Limited Pay option work in Term Insurance?

Limited Pay option is a great option where the customer pays premium for a limited period (5, 7 or 10 years) and enjoys the benefits of the plan for a longer term (like age till 75, 85 or 99). The limited payment option can help customers save on premium.

Does ICICI Pru iProtect Smart cover Terminal Illness?

Yes, with ICICI Pru iProtect Smart, we provide 100% payout in case of Terminal illnesses. This means that if the person insured is diagnosed with a Terminal illness, the full benefit amount will be paid out as a lump sum.

What are the special benefits offered under ICICI Pru iProtect Smart?

We offer affordable Life cover, additional accidental death cover and 34 critical illness cover(optional), disability rider and terminal illness rider both to males and females.

Which riders are available under ICICI Pru iProtect Smart?

There are two rider options available in ICICI Pru iProtect Smart-
Critical Illness Cover: It is an optional benefit which a customer can buy. If one is detected from any of the 34 illness on the diagnosed the critical illness cover is paid to the customer. No bills or proof of expenditure required. To view the list of critical illnesses that are covered, please click here.
Accidental Death Cover: It is an additional cover which is payable in case of death due to accident. It is an optional benefit which a customer can buy. Maximum cover can be of ₹ 2 Crore.

What is Critical Illness Cover?

Critical illness cover is an additional benefit available with ICICI Pru iProtect Smart, which will provide you with lump sum money if you are diagnosed with any of the covered 34 critical illnesses. No expense or medical or hospitalization bills are required. The money can be used in any way you wish. There are no restrictions on hospital (like mediclaim) or against any expenses incurred. To see the list of illnesses covered, please click here.

How much Critical Illness Benefit can I choose under ICICI Pru iProtect Smart?

The minimum Critical Illness Benefit you can choose is ₹ 1 lakh and the maximum benefit will be up to ₹ 1 crore. The cost of medical treatment is continuously rising. So it is suggested to have a critical illness cover of at least 15% of the sum assured.

When do you receive Critical illness pay-out?

This Critical Illness benefit amount is payable if and when you are diagnosed for the first time with any of the 34 critical illnesses covered by ICICI Pru iProtect Smart. A copy of the diagnosis report is required to initiate the critical illness claim and it is payable basis fulfillment of definition of the diagnosed critical illness. To see the list of critical illnesses which are covered, please click here.

What happens to the policy and premium when the policy holder is diagnosed with Critical Illness?

The policy continues with the reduced sum assured equal to the amount paid for critical illness and premium is reduced. As a result, the future premiums you have to pay will also get reduce under ICICI Pru iProtect Smart.
For example: If the life cover amount is ₹ 1 Crore and critical Illness cover is of ₹ 25 Lakhs for the annual premium of ₹ 16,568 for a 32 year old female for a policy term of 30 years with lump sum payout option. When she is diagnosed with Critical Illness, cover of ₹ 25 lakhs is paid out as lump sum and the Life cover reduces to ₹ 75 lakhs and the annual premium reduces to ₹ 7304.

What is Accidental Death Cover?

Accidental Death Cover is an additional benefit available under ICICI Pru iProtect Smart which provides the nominee with a higher payout in case of death of the person insured due to an accident.
Accidental Death benefit is up to 2 Crores. Accidental Death Benefit is available in Life Plus and All in One options. Accidental Death Benefit is only applicable up to age of 80.

How much Accidental Death Benefit can I choose under ICICI Pru iProtect Smart?

The minimum Accidental Death Benefit you can choose is ₹ 1 lakh. The maximum benefit will be up to the basic Life Cover subject to maximum of ₹ 2 crore, as per the company policy.

Can the nominee be changed?

Yes, you can change the nominee at any time during the policy term. You can also have multiple nominees.

Does ICICI Pru iProtect Smart allows to insure family members in the same plan?

No, term plan cover is only for individuals and it is must have for every earning member of the family.

Can I save tax under Term Plan?

Yes, you can save tax under Section 80C & 80D of Income Tax Act 1961^.

What policy term should I select?

Policy term should be for the longest tenure to cover your financial liabilities and provide financial stability to your family. You should choose to be protected till the age of 99 or 85 or 75 as per your needs.

Does term plan allows to change the policy term?

No, the policy term cannot be changed once the policy is issued.

What happens to the policy if the premium is not paid after due date or the grace period?

Non-payment of premium will result in the policy to cease and all benefits of the plan will stop. To revive the policy post grace period medical tests may be required.

What is the process of policy issuance?

After medical check is done, KYC documents are submitted and Payment is received, the policy will be issued within 48 hours.

What are the terms and conditions to revive the policy?

One can revive the policy within 6 months without medicals by just paying the outstanding premium amount.

Will my premium increase every year?

No, premium is fixed. The tax component (GST) may change as per Government of India regulations.

What is the grace period for making premium payment?

Grace period for premium payment:
- 15 days for monthly payment mode.
- 30 days for all other payment modes.

Which are the payment terms available for paying premium under ICICI Pru iProtect Smart?

We have 2 options available with us:
- Regular Pay which is equal to your policy term
- Limited pay 1 pay, 5 pay, 7 pay or 10 pay with a longer policy term (like age till 75, 85 or 99).

Does ICICI Pru iProtect Smart have single premium option?

Yes, ICICI Pru iProtect Smart have a single premium option in which the policy holder pays the premium once and gets covered for the full policy term.

What happens under ICICI Pru iProtect Smart in case of permanent disability occurs to policy holder?

If the person insured is permanently disabled due to an accident then all the future premiums are waived off and the policy continues uninterrupted - customer does not have to pay future premium.

In ICICI Pru iProtect Smart under which conditions does the company pays all the due premium for permanent disability?

The company pays all due premiums on your behalf in case of permanent disability caused due to an accident. Permanent Disability will be triggered if you are unable to perform 3 out of the 6 following activities permanently and consistently for 6 consecutive months:
Mobility: The ability to walk a distance of 200 meters on flat ground.
Bending: The ability to bend or kneel to touch the floor and straighten up again and the ability to get into a standard car, and out again.
Climbing: The ability to climb up a flight of 12 stairs and down again, using a handrail if needed.
Lifting: The ability to pick up an object weighing 2 kg at table height and hold it for 60 seconds before replacing the object on the table.
Writing: The ability to write using a pen or pencil, or type using a computer's keyboard.
Blindness: Permanent and irreversible loss of sight to the extent that even when tested with the use of visual aids, vision is measured at 3/60 or worse, using a Snellen eye chart.

What are the payout options available under ICICI Pru iProtect Smart?

You can choose from four flexible payout options:
Lump Sum - It is the most preferred option online. The Life Cover will be paid as a fixed lump sum. For example, if you choose a Life Cover of ₹ 1 crore, your family will receive the same amount as lump sum in case of your death.
Monthly Income - It is the most economical option. You can choose this option if you want your family to receive a regular monthly income.10% of the benefit amount is payable every year for 10 years. This will be paid in equal monthly instalments, in advance, at the rate of 0.83333% of the total benefit amount.
Increasing Income - This payout option gives 45% more life cover. For example, If your Life Cover is ₹ 1 crore, then your family will receive ₹ 10 lakh in the first year, ₹ 11 lakh in the second year, ₹ 12 lakh in the third year and so on. At the end of the 10th years, total life cover received will be ₹ 1.45 crore.
Lump Sum Plus Income - This is our new payout option, in which the Life Cover will be paid in two parts as selected by you at policy inception. For example, if your life cover is ₹ 1 crore, you can choose to give ₹ 50 lakh as lumpsum and remaining Rs 50 Lakh will be paid out in equal monthly instalments of ₹ 41,667 per month, at the rate of 0.83333% per month over 10 years.

What is claim settlement ratio?

Claim settlement ratio refers to the number of claims that the insurance company has paid after death of policyholders. The ratio is the number of claims paid divided by (Number of claims received - Pending Claims). Our claim settlement ratio for FY 2017-18 is 97.88% and the average TAT to the process the claim is 72 hours.

What all the types of death that are covered under Term Plan?

All forms of death are covered under term plan i.e. suicide, accidents, natural death, cancer, heart attack or any other medical ailments, etc.

Is there a refund policy?

Yes. 100% guaranteed refund before and after policy is issued (within 30 days of issuance) with no questions asked.

What are the Mandatory Claim Documents for a Un-natural death required to process the claim?

We only need death certificate, postmortem report, FIR, Panchnama, Inquest report etc. in case of unnatural death to process the claim.

What is the time frame for the claims to be reported?

It is as per the convenience of the nominee to report the claim. There is no time frame or deadline to report a claim.

How can I get my medical reports?

Once your policy is issued, we can share the medical reports on request.

How to organize medical check-up?

You can fix an appointment on our website during the purchase journey or later on. Based on your age, eligibility, sum assured selected and lifestyle, the medical tests would be as follows:

Home/Office visit: If you have selected this option, you can choose the date and time of examination as per your convenience at your home or office. The tests are completed in about 15-20 minutes. These tests comprise of:

  1. Blood Test
  2. Electrocardiogram (ECG)

Medical center visit: You can choose the date, time & center of examination as per your convenience. These tests are completed within a hour and cost of medicals would be borne by the company. You can also get your medical test report at a request. These tests comprise of:

  1. Blood Test
  2. Electrocardiogram (ECG)
  3. Tread mill test
  4. Chest Xray
  5. Sonography

 

What income should I put in the income field?

Please enter all types of your income under annual income (Income like salary, house property, interest from debenture or fixed deposits etc.).

Where can I view the application form that I have submitted?

Application tracker is available on our website. Please click here to view the application form.

What KYC documents are required for buying a policy online?

Following KYC documents are required:

  1. PAN/Form 60 (mandatory)
  2. Officially valid document (any one from the list mentioned below)
  3. One recent photograph

List of Officially Valid Documents:

  1. Passport
  2. Driving License
  3. Voter's Identity Card issued by Election Commission of India
  4. Job Card issued by NREGA duly signed by an officer of the State Government
  5. Letter issued by the National Population Register containing details of name, address or any other document as notified by the Central Government in consultation with the Regulator
  6. Proof of possession of Aadhaar (to be taken in masked/redacted form/black out version to be taken from clients

How to quickly fill up the online application form?

We have one of the simplest application forms in the world. We have taken steps to make it easier by auto filling your application through ICICI bank account.

Can I download my online application form?

Yes, you can download the application form.

In what conditions, proposal will be accepted?

Proposal is accepted after KYC documents are submitted, medical tests are completed (if applicable) and premium payment is realized.

How can I cancel my application?

You can cancel the policy by submitting a request at our call center number 1860 266 7766.


COMP/DOC/Jan/2019/311/2011
Payment Options

We support multiple payment options and your transactions are totally secure.

Credit Card Debit Card Netbanking Wallets UPI BharatQR

Contact Us

Our insurance experts are always available to solve any doubts that you may have and help you with anything about your policy

Call center timings 9.30 a.m. – 6.30 p.m., Monday - Saturday

18602667766



Watchour Videos



1The premium of `490 per month has been calculated for a 25 year old healthy non-smoker male for a life cover of `1 crore and for a policy term of 21 years under the ICICI Pru iProtect Smart - Life option. This premium is inclusive of all taxes. The annual premium is `5,725 (inclusive of all taxes).

2 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 35 years with regular income payout option. The annual premium amount for this assumption will be `4,340 and monthly premium will be `372.

3 The above mentioned premium rate is for `1 Crore of Life cover and `50 Lakhs of accidental death benefit for a 30 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 `8,949 and monthly premium will be `766. The premium amounts are inclusive of taxes.

4The 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 14 years with regular income payout option. The annual premium amount for this assumption will be `6,907 and monthly premium will be `590. Premium amount will differ according to the benefit option chosen.

^Top Selling term plan refers to ICICI Prudential Life Insurance plans which are bought by customers through the website with our Zero-Paper-Process from Dec 2015 till Dec 2018.

#Accidental Death benefit is up to `2 Crores. Accidental Death Benefit is available in Life Plus and All in One options. Accidental Death Benefit is only applicable up to age 80 years.

##Critical Illness Benefit is optional and available under Life and Health and All in One options. This benefit is payable, on first occurrence of any of the 34 illnesses covered. The CI Benefit, is accelerated and not an additional benefit which means the policy will continue with the Death Benefit reduced by the extent of the CI Benefit paid. The future premiums payable under the policy will reduce proportionately. If CI Benefit paid is equal to the Death Benefit, the policy will terminate on payment of the CI Benefit. To know more in detail about CI Benefit, terms & conditions governing it, kindly refer to sales brochure. Critical Illness benefit is available till age of 75.

' 5% discount on premium is applicable only for Regular and Limited pay policies. In case of Single Pay, discount applicable is 2% of Single Premium.

++ Refer the product brochure for the definitions, exclusions and other terms and conditions applicable for Permanent Disability due to accident and Terminal Illness

~Tax benefit of `54,600 ( `46,800 u/s 80C and `7,800 u/s 80D) is calculated at highest tax slab rate of 31.2% (including Cess excluding surcharge) on life insurance premium u/s 80C of `1,50,000 and health premium u/s 80D of `25,000. Tax benefits under the policy are subject to conditions under Section 80C, 80D, 80CCC, 10(10A), (10D) and other provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.

-Claim statistics are for FY 2017-18 and is computed basis individual claims settled over total individual claims for the financial year. For details, refer to Public Disclosures in our Website.

ICICI Pru iProtect Smart UIN 105N151V04. ADVT: W/II/3556/2018-19.

This is how you save with limited pay option
X
 
Regular pay
 
Limited Pay
 
 
 
30 years
5 years
7 years
10 years
11 years
11 years
Pay
916
3121
2353
2086
2086
2086
Total Premium
329760
187260
197652
250320
250320
250320
Premium Save
142500
132108
79440
79440
79440
%age saving
43%
40%
24%
24%
24%
This is how you save with Whole Life limited pay option
X
 
Regular pay
Limited Pay
 
 
30 years
5 years
60 age years
Pay
916
3121
3121
Total Premium
329760
187260
187260
Premium Save
142500
142500
%age saving
43%
43%
call-user

Please give us a missed call on 180030006999 (tollfree)

Call centre hours 9.30 a.m. – 6.30 p.m., Monday - Saturday
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