Term insurance benefits can be offered through lump sum payment or regular income stream or a combination of both. Sip is a financial planning tool available for policy holders to create wealth and achieve their long term financial goals. It provides financial protection to your family at affordable and cost effective rates. Flexibility to pay premiums once, for a limited period or throughout the policy term. Term insurance plan or term life insurance plan is a a simple and pure risk cover form of life insurance.
Icici pru smart health cover get full claim payout on first diagnosis of any of the covered 34 critical illnesses. Buying term insurance can also be a way of leaving an inheritance for their families. The payment of term insurance is also tax free subject to conditions under section 10 10d of the income tax act,1961. Partner with us and enjoy the benefits in the form of lesser costs, more transparency, easy claims, more. This is because, term insurance is paid out to nominees on the death of the insured person. Term life insurance plan ensures financial protection and stability to your family in case of any unforeseen events. Health insurance plans icici pru heart cancer protect. Signed for and on behalf of the icici prudential life insurance company limited, at head.
Icici pru iprotect smart icici prudential life insurance. This ensures that the protection of the life cover continues, even when you are unable to pay the premiums. Term plan icici prudential i protect smart term plan. Icici pru iprotect smart gives you the flexibility to design your safety net so that you can protect your familys future to ensure that they lead their lives comfortably without any financial worries, even in your absence. Icici bank limited icici bank with registered office at icici bank tower, near chakli circle, old padra road, vadodara, 390 007, gujarat cin l65190gj1994plc021012 is a corporate agent composite, irdai regn no ca0112 valid till 31032022 of icici lombard. In newage term life insurance plans such as icici pru iprotect smart, the insurance company pays your future premiums in case of total and permanent disability. In return for this payment, you make periodic fixed payments to the life insurance company. If not chosen at inception of the policy, you can choose to enhance your coverage by adding accidental death benefit during the policy term, except in the last 5.
Affordable and customisable icici best term insurance plan offering enhanced protection for policyholder and his. This icici prudential term plan is packed with features including. Icici prudentials new term insurance plan iprotect. Buy best online term plan in india iprotect smart icici prulife. Ideal policy term your expected retirement age your current age your expected age to attain zero liability your current age how to decide the right policy term icici pru iprotect smart offers life cover till age 85 and you also have option to get whole life cover till age 99. You can choose a policy term between 540 years subject to type of. Term insurance premium calculator online 2020 icici prulife. Along with providing life cover, a newage term plan like icici pru iprotect smart also provides protection against critical illnesses. This plan offers you the option to enhance your coverage against accidental death. Icici prudential iprotect plan is a nonparticipating pure term plan which is available for purchase through the companys website. Our plan has the provision to cover you till age 99. Icici pru iprotect smart is a comprehensive term insurance plan that in addition to securing your loved ones in your absence, also gives you the flexibility to design your own plan by choosing from the range of benefits that the plan has to offer. Partner integration icici prudential life insurance. There is no maturity value or survival benefit in a term plan.