ICICI Pru POS - iProtect Smart
Introduction
You strive to provide comfort, happiness, and security to your family and you would want your family’s future to be secured at all times.
ICICI Pru POS - iProtect Smart gives you the flexibility to design your safety net so that you can protect your family’s future to ensure that they lead their lives comfortably without any financial worries, even in your absence.
Key Features
Plan for Tomorrow, Today
Your family depends on you, and with our term plan, you can ensure their financial stability, no matter what the future holds. Take the first step towards securing your peace of mind and protecting the ones who matter most.
Plan at a Glance:
| Premium Payment Option | Premium Payment Term (in years) | Minimum Policy Term (in years) | Maximum Policy Term (in years) | Min/Max Age at Entry (in years) | Min/Max Age at Maturity (in years) |
|---|---|---|---|---|---|
| Limited Pay | 5 | 20 | 40 years | 18/55 | 38/85 |
| 7 | |||||
| 12 | |||||
| 15 | |||||
| Upto 60 years of age |
Why Choose This Plan?
With flexible coverage options, attractive premiums, and added benefits, this plan is designed to protect your family’s future, even in unforeseen circumstances. Prepare today for tomorrow’s uncertainties and provide your loved ones with the security they deserve.
Plan at a Glance:
| Eligibility conditions | ||
|---|---|---|
| Minimum / Maximum age at entry | 18 / 60 years | |
| Minimum / Maximum age at maturity | 23 / 65 years | |
| Minimum Policy term | Single Pay : 5 years Regular Pay : 5 years Limited Pay : 10 years | |
| Maximum Policy term | Single Pay : 20 years Limited Pay : 40 years Regular Pay : 65 years less age at entry | |
| Premium Payment Options | Single Pay, Regular Pay, Limited Pay | |
| Premium Payment Terms | Single Pay: Single Regular Pay: Same as Policy Term Limited Pay: Policy Term – 5 years | |
| Minimum Premium | Rs. 2,400 p.a. for Base Death Benefit excluding applicable taxes such as Goods and Services tax and/or cesses | |
| Accidental Death Benefit | Equal to Sum Assured chosen by you, subject to a maximum limit as per the Board Approved Underwriting Policy | |
| Minimum Sum Assured | Subject to the minimum premium | |
| Maximum Sum Assured | Unlimited (subject to Board Approved Underwriting Policy) | |
| Mode of Premium Payment | Single, Yearly, Half-yearly and Monthly | |
Sum Assured will be offered in multiple of Rs 50,000.
1.Priya is a 32 years old marketing consultant. She has availed a loan for buying a house. Realising the need for protection in her fast-paced life, Priya wants to be well prepared for unforseen circumstances in life. ICICI Pru POS - iProtect Smart with Accidential Death Benefit provides the perfect solution for her needs. Priya takes ICICI Pru POS IPS Life Plus option for Sum Assured of Rs. 40,00,000 for 30 years.
2.Anil is a 35 years old project manager in an IT company. Anil wants to ensure that his wife, three year old son and retired father live a comfortable life in case of his untimely death. He chooses ICICI Pru POS - iProtect Smart with a Death Benefit of Rs. 50 lakhs.
