ICICI Prudential Life Insurance Income Replacement in Manipur

The ICICI Prudential Life Insurance Income Replacement Plan is a lifesaver for families in Manipur. This term insurance policy makes sure your loved ones get a regular monthly income if you're not around to support them. It's like a financial shield, helping your family keep their way of life even in tough times.

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Want to know more about how ICICI Prudential Life Insurance Income Replacement can protect your family's future? Let's dive in and see how it works for people in Manipur.

What is the ICICI Prudential Life Insurance Income Replacement Plan?

The ICICI Prudential Life Insurance Income Replacement Plan is a term insurance policy tailored to safeguard your family’s financial stability in your absence. Unlike traditional insurance plans that provide a lump-sum payout, this unique plan ensures a steady monthly income (like salary) for your loved ones (nominees), helping them seamlessly manage essential expenses such as housing, education, and daily living costs. With its income-focused approach, the plan is ideal for those seeking to offer their family a consistent financial cushion during challenging times.

Think about it like this: if you earn ₹55,000 per month, the ICICI Prudential Life Insurance plan can give your family about ₹55,000 every month after your demise. This steady income can be a real comfort for families in Manipur, where many people rely on a single earner.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Why is ICICI Prudential Income Replacement Important for Families in Manipur?

The average household size in Manipur is 4.9 persons, higher than the national average of 4.8. This means more dependents per earning member. Manipur's estimated per capita income for 2024-25 is only ₹112,000, significantly lower than many other states. This money helps families in Manipur cover daily needs like food, rent, and medicines. Sometimes, it even helps pay for loans. That's why getting an ICICI Prudential Life Insurance Income Replacement plan is a smart choice.

The ICICI Prudential Life Insurance Income Replacement plan acts like a financial safety net. It ensures that your family can keep paying for their basic needs, even if you're not there. With regular monthly payments, they can manage their daily expenses without worry. 

What are the Key Features of ICICI Prudential Life Insurance Income Replacement in Manipur?

  • Affordable Premiums: ICICI Prudential Term or Life Insurance Policy offers this plan at rates most Manipur families can manage. The cost varies based on your age and income. You can secure up to ₹1 crore coverage for as little as ₹485 monthly.

  • Regular Income: Your loved ones receive a fixed amount each month for a predetermined period.

  • Customisable Payout: With ICICI Prudential Life Insurance, you decide the monthly amount your family receives. It's tailored to meet your family's unique financial needs.

  • Tax Benefits: Investing in this plan helps you save on taxes. The premiums you pay are eligible for term insurance tax benefits under Section 80C of the Income Tax Act.

  • Flexible Duration: You choose how long you want the policy to last. It can range from 10 to 30 years, depending on your life stage and requirements.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How Does the ICICI Prudential Life Insurance Income Replacement in Manipur Work?

  • Pick Your Plan: Think about what your family needs. How much money do they need each month? For how long? Choose a plan that fits your budget and protects your loved ones.

  • On-time Premium Payment: It's crucial to pay your premiums on time. This keeps your ICICI Prudential Life Insurance active and your family safe.

  • Death Benefits: If something unfortunate happens to you, ICICI Prudential Life Insurance takes care of your family. They'll receive a fixed amount every month.

  • Policy End: If your policy term ends without any claims, there won't be any payouts.

What are the Benefits of Choosing an ICICI Prudential Life Income Replacement Plan in Manipur?

  • Supports Future Dreams: Your family gets money every month, helping them reach their goals.

  • Peace of Mind: Sleep well, knowing ICICI Prudential Life Insurance keeps your loved ones financially safe.

  • Steady Family Life: Monthly payments from ICICI Prudential Life Insurance help your family live like before.

  • Affordable Premiums: ICICI Prudential Life Insurance plans are affordable for Manipur families, giving good protection.

  • Save on Taxes: Pay less tax by using ICICI Prudential Life Insurance premiums as deductions.

Life Insurer Details

How to Buy ICICI Prudential Life Insurance Income Replacement in Manipur?

  • Visit Policybazaar.com and go to the term insurance section.

  • Enter basic details, like your name, gender, and contact number.

  • Complete your profile by selecting your smoking habits, job type, yearly income, and education level.

  • Choose the best income replacement plan that fits your requirements.

  • Complete your premium payment.

For further assistance, you can use the ICICI Prudential Life Insurance login portal to manage your policy or contact ICICI Prudential Life Insurance customer care for support.

Final Thoughts

ICICI Prudential Life Insurance Income Replacement Plan is a great option for Manipur families wishing to protect their loved ones financially. This plan is easy to understand, and you can tailor it to your family's needs. By making regular monthly payments, you can keep your family steady during difficult times.


Premium By Age

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

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˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.



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