Prices Increasing soon Prices Increasing Soon

A Review Of ICICI Prudential Life Insurance

“Policy Bazaar insurance clarified the term policy for me, so I purchased ICICI Prudential life insurance from them. The portal makes it simple to compare all of the insurance options. The website has a lot of useful information. The customer service is also excellent; a representative called me and provided me with updates. Also, when I was busy with my work, they called me and reminded me about the premium payments on time. They are supportive and I can utilize the life insurance calculator which provides me with a variety of benefits. Magnificent performance by Policybazaar.” – Aravinda, Gurugram, Haryana

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Aravinda took the wise step of purchasing the term plan of ICICI Prudential Life Insurance to protect his loved ones from unforeseen events of the future. ICICI Prudential Life Insurance provides a range of plan benefits that adjust to your changing lifestyle and personal requirements. This ensures the safety and welfare of you and your loved ones at the same time.

Let’s understand the various features and benefits of ICICI Prudential Life Insurance.

About ICICI Prudential Life Insurance

ICICI Prudential Life Insurance, a prominent Indian insurer founded in 2001, offers a diverse range of term insurance plans tailored to meet various customer needs. These plans ensure a death benefit payout to the nominee if the policyholder passes away during the policy term, providing essential financial security to the insured's family. Optional coverage for accidental death or critical illnesses is available, allowing for comprehensive coverage at affordable premium rates.

Let’s learn more about why you should consider buying ICICI Prudential Life Insurance plans.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Why Should You Consider Buying ICICI Prudential Life Insurance?

ICICI Prudential Life Insurance is known for its flexible plans that can be personalized to match the preferences and life goals of policyholders.

Below are some reasons why you can consider buying the ICICI Prudential Life Insurance:

  • The term life insurance plan offers coverage for death, terminal illness, and disability.

  • There is also the option to select Accidental Death Benefit and Accelerated Critical Illness Benefit with the base plan.

  • Non-tobacco users can enjoy discounted premium rates.

  • You can also enjoy a tailored benefit payout, and choose to receive the benefit as a lump sum, monthly income for 10 years, or a combination of both.

  • With flexible premium payment options, you can pay premiums once, for a limited period, or throughout the policy term.

  • Tax advantages may apply on premiums paid and benefits received, as per current tax regulations.

  • You can buy the whole life term insurance of ICICI Prudential term insurance and enjoy coverage till 99 years of age.

  • Women are eligible for reduced premium rates, and they are covered for female organ cancers such as breast cancer and cervical cancer under the Accelerated Critical Illness Benefit.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Which Is The Best ICICI Prudential Life Insurance Plan ?

The ICICI Prudential iProtect Smart plan provides you the choice to increase your coverage for Accidental Death and Accelerated Critical Illnesses, offering added financial protection to your loved ones. The plan also provides special benefits to women like lower premium rates and female organ cancers under the Accelerated Critical Illness Benefit, like breast cancer and cervical cancer.

What Are The Benefits Of ICICI Prudential iProtect Smart Plan?

Below mentioned are the key benefits of the ICICI Prudential iProtect Smart plan:

  • There are 4 plan options in the ICICI Prudential iProtect Smart plan:

    • Life Option

    • Life Plus Option

    • Life and Health Option

    • All In One Option

  • There are 4 death benefit payout options:

    • Lump sum

    • Income

    • Lump sum and Income

    • Increasing Income

  • You enjoy protection for different life stages:

    • At Marriage, you receive an additional 50% of the SA, maximum up to Rs. 50 Lakhs

    • At birth or legal adoption of the 1st child, you receive an additional 25% of the SA, maximum up to Rs. 25 Lakhs

    • At birth or legal adoption of the 2nd child, you receive an additional 25% of the SA, maximum up to Rs. 25 Lakhs

  • You also have the special exit option, through which you can cancel the policy and get a smart exit benefit, which is equal to the total premiums paid under your term plan.

What is the Eligibility Criteria to Buy the ICICI Prudential iProtect Smart Plan?

The eligibility criteria for buying the ICICI Prudential iProtect Smart Plan is mentioned below:

Parameters Minimum Maximum
Entry Age 18 years 65 years
Maturity Age 23 years 99 years
Policy Term 5 years 69 years
Sum Assured 50 Lakhs 10 Crores
Premium Payment Modes Single, Monthly, Half-yearly and Annually

Wrapping It Up!

Aravinda’s decision to buy the ICICI Prudential iProtect Smart Plan has helped him secure his loved ones against several financial obligations of the future. With flexible plan and payout options, ICICI Prudential iProtect Smart is one of the most ideal options for people in the current times.

FAQs

  • Q: Does the ICICI Prudential iProtect Smart Plan cover critical illnesses?

    Ans: Yes, the ICICI Prudential iProtect Smart Plan provides coverage against 34 critical illnesses specified in the policy documents.
  • Q: Can I buy a policy from ICICI Prudential Life Insurance from Policybazaar?

    Ans: Yes, you can easily purchase ICICI Prudential Life Insurance from the Life Insurance page of Policybazaar and avail extra discounts and assistance.
  • Q: Do ICICI Prudential Life Insurance policies provide tax benefits?

    Ans: Yes, ICICI Prudential Life Insurance policies offer tax benefits under sections 80C and 10(10D) of the Income Tax Act, providing you with potential tax exemptions.
  • Q: What are the plan options available in ICICI Prudential iProtect Smart Plan?

    Ans: The plan options include Life Option, Life Plus Option, Life and Health Option & All In One Option.
  • How to calculate the term insurance premium online?

    Ans: You can easily calculate the term insurance premium online by using the term policy calculator online tool
  • What are the benefits of term life insurance?

    Ans: Here are 4 common term life insurance benefits:
    • Low premium rates
    • Tax Benefits
    • Death Benefit
    • Long term coverage
  • What are the benefits of term life insurance?

    Ans: Below mentioned are the key features of a best term life insurance in India:
    • Affordable premium rates
    • Long-tenure life protection
    • Easy to understand and buy
    • Riders availability
    • Whole life protection
    • Tax benefits
  • What are the key features of a best term insurance plan in India?

    Ans: Let's understand what is term plan here. Term insurance offers financial protection for a certain period to the policyholder, thereby, offering a lump sum payout if the policyholder unfortunately passes away during the policy term.

Premium By Age

Life insurance articles

  • Recent Article
  • Popular Articles
24 Apr 2024

Most Common Life Insurance Frauds in India

Life insurance fraud is a financial crime that can be committed

Read more
09 Aug 2023

What High Net Worth Individuals (HNIs) Do To...

High net worth individuals often opt for life insurance plans to

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best

Read more
20 Jun 2023

Best Life Insurance Policy in India with High...

The best life insurance policy in India is a type of life

Read more
20 Jun 2023

Which Insurance is Best in India?

Insurance is a financial product that transfers the risk to a

Read more
15 Dec 2021

Life Insurance for Parents in India

With the increase in the average life expectancy rate, the older population in India is on the rise. Most of the

Read more
08 Jun 2022

Life Insurance for NRI

Going beyond geographical boundaries to study or pursue a career abroad is a common aspiration for many

Read more
14 Apr 2014

Life Insurance Quotes

Life insurance quotes are the approximate premium rates for the specific life insurance policy. It helps you

Read more
26 Dec 2022

Canara Guaranteed Fortune Plan

Canara HSBC life insurance company introduces a guaranteed fortune plan that provides assured benefits to life

Read more
27 Jun 2023

A Review Of HDFC Life Insurance

“I recently bought an HDFC term plan and it is the best decision I have ever made. I feel so good knowing that

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL