couple couple

Advertisement disclosure - This solution is a combination of benefits of two individual and separate products named (1) ICICI Pru iProtect Smart and (2) ICICI Pru Savings Suraksha. These products are also available for sale individually without the combination offered/suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of respective individual products mentioned herein.

A Plan that protects your family and also pays you back

bulb

Tax benefits^ On iProtect Smart Money Back

  • Life cover to secure your family
  • Lumpsum payout at the end of policy term*
  • 34 critical illness#benefit
  • Accidental death benefit##
close

iProtect Smart Money Back Calculator

(Choose 'YES' if you have smoked or chewed tobacco in last 12 months)
close

iProtect Smart Money Back Calculator

(Choose 'YES' if you have smoked or chewed tobacco in last 12 months)
Term plan with Return of Premium2
Securing the future of your family from unfortunate eventualities is one of your top priorities. An adequate life insurance is an ideal solution for this need. Won’t it be nice if this solution gives something back to you on survival as well?
Keeping that in mind, we present ICICI Pru iProtect Smart Money Back**, which is a combination of benefits of two individual and separate products named (1) ICICI Pru iProtect Smart and (2) ICICI Pru Savings Suraksha. This solution is not only financially safeguards your family in case something unfortunate happens to you but also gives you a lump sum amount if you survive the policy term.
Benefits of iProtect Smart Money Back
With the return of premium option, you get four-fold benefits
Benefits of term plan with return of premium option you get four-fold benefits
icon_1
LIFE COVER:
To protect your family financially, in case something unfortunate happens to you
icon_2
SURVIVAL BENEFIT: *
In case of surviving the policy term, you get a lump sum amount as return
icon_2
CRITICAL ILLNESS: #
This optional benefit gives full claim payout on the first diagnosis of 34 Critical Illnesses
icon_2
ACCIDENTAL DEATH BENEFIT: ##
Nominee/ legal heir will get additional cover under this optional benefit.

How does return of premium insurance work?

ICICI Pru iProtect Smart Money Back is a combination of our top-selling~~ online term plan ICICI Pru iProtect Smart and our savings plan ICICI Pru Savings Suraksha.
Mr. Kapoor is 30 years old healthy person who has opted for a regular monthly pay option for ICICI Pru iProtect Smart Money Back solution for sum assured of Rs. 1,00,00,000 at a premium of Rs. 1,705^^ per month with a policy term of 30 years and Life plan option.
^^Premium of Rs. 1,705 is exclusive of taxes.
``ARR stands for assumed rate of return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get as the value of the policy depends on a number of factors including future investment performance.
Mr. Kapoor is 30 years old healthy person who has opted for a regular monthly pay option for ICICI Pru iProtect Smart Money Back solution for sum assured of Rs. 1,00,00,000 at a premium of Rs. 1,705^^ per month with a policy term of 30 years and Life plan option.
^^Premium of Rs. 1,705 is exclusive of taxes.
``ARR stands for assumed rate of return. For the purpose of illustration, the Company has assumed 8% and 4% as rates of investment returns. The returns shown in the illustration are not guaranteed and they are not the upper or lower limits that you may get as the value of the policy depends on a number of factors including future investment performance.

back back back back
Here is your quote for ICICI Pru iProtect Smart Money Back Online Solution

Total cover amount is
1.50 Crore for
Total premium of
248
What is this ?
I will pay for
Total Cover amount is 1.50 Crore for
with a Total Premium of 248
Your cover details
Add More Benefits
  • ICICI Pru iProtect Smart Life Cover
    plus ICICI Pru Saving Suraksha Life Cover

    Critical Illness Benefit#

    What is this ?
    @ ₹2,239/monthly

    We pay the entire cover amount on the first diagnosis of a critical illness.
    View all 34 illnesses

    Accidental Death Benefit##

    What is this ?
    @ ₹239/monthly

    Additional cover in case of an accidental death.

  • Survival Benefits (Returns scenario) What is this ?
    @ 8% ARR~
    OR
    @ 4% ARR~
    Your updated Survival Benefits (Returns scenario) What is this ?
    @ 8% ARR
    OR
    @ 4% ARR
    Total premium you pay
Total cover amount is
1.50 Crore for
Total premium of
248
I will pay for
Add More Benefits
    Your cover details
  • ICICI Pru iProtect Smart Life Cover
    plus
    ICICI Pru Saving Suraksha Life Cover

    Critical Illness Benefit##

    What is this ?
    @ ₹2,239/monthly

    We pay the entire cover amount on the first diagnosis of a critical illness.
    View all 34 illnesses

    Accidental Death Benefit

    What is this ?
    @ ₹239/monthly

    Additional cover in case of an accidental death.

  • Survival Benefits (Returns scenario)
    @ 8% ARR~
    OR
    @ 4% ARR~
    Total premium you pay

2The Return of Premium feature refers to the Lump-sum on survival through the maturity benefit of Savings Suraksha. The return of the entire premium will be subject to the return on future investment being equal to 8% or higher. The maturity value of policy depends on a number of factors including future investment performance. The benefits will be payable only if you have paid all due premiums as per the premium payment term and the policy is in-force till the completion of the policy term of ICICI Pru Savings Suraksha.

^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 the above.

~If the policy offers guaranteed returns, then these will be clearly marked “guaranteed” in the Benefit Illustration. Since the policy offers variable returns, the given illustration shows two different rates of assumed future investment returns at 4% and 8%. The returns shown above are not guaranteed and they are not the upper or lower limits of what you might get back, as the maturity value of policy depends on a number of factors including future investment performance.

*Lump-sum on survival is provided through the maturity benefit of ICICI Pru Savings Suraksha. It will be payable only if you have paid all due premiums as per the premium payment term.

#Critical Illness Benefit (CI Benefit) is optional and available under Life and Health and All in One option. This benefit is payable, on the first occurrence of any of the 34 illnesses covered. Only a doctor’s certificate confirming diagnosis needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed critical illness. 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 the sales brochure. Critical Illness benefit is available till the age of 75.

##Accidental Death Benefit is available in Life Plus and All in One option under ICICI Pru iProtect Smart. In case of death due to an accident, Accidental Death Benefit will be paid out in addition to Death Benefit. Accidental Death Benefit is only available for the policy term or till the age of 80 years, whichever is lower.

++In addition to this amount, applicable bonuses, if any, guaranteed additions added to the ICICI Pru Savings Suraksha policy will also be paid. Rs. 1,00,00,000 Sum Assured is from ICICI Pru iProtect Smart and Rs. 1,20,000 Sum Assured is from ICICI Pru Savings Suraksha.

~~Top Selling Online Insurance Plans refer to ICICI Prudential Life Insurance plans which are bought by customers through the website with our Zero-Paper-Process. Source: Company BuyOnline data - Dec 2015 to June 2019.

**This advertisement is designed for a combination of benefits of two individual and separate products named (1) ICICI Pru iProtect Smart and (2) ICICI Pru Savings Suraksha. These products are also available for sale individually without the combination offered/suggested. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer to the detailed sales brochure of respective individual products mentioned hereinbefore concluding the sale.

ICICI Pru iProtect Smart UIN 105N151V05, Saving Suraksha UIN 105N135V02. W/II/1131/2019-20

© ICICI Prudential Life Insurance Co. Ltd. All rights reserved. Registered with Insurance Regulatory & Development Authority of India (IRDAI) as Life Insurance Company. Regn. No. 105. CIN: L66010MH2000PLC127837.
Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025. Tel.: 40391600. Member of the Life Insurance Council. For more details on the risk factors, term and conditions please read the product brochure carefully before concluding the sale. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license.

BEWARE OF SUSPICIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

irdai cautions public against spurious calls and FICTITIOUS offers