ICICI Prudential Life Insurance has launched ICICI Pru iProtect Smart – a product which offers cover against death, critical & terminal illness, accidental death and disability due to an accident.
Puneet Nanda, Executive Director, said, “Customers currently have to separately purchase life, accidental death and critical illness covers. iProtect Smart is a single product that addresses all these needs at an affordable price. This innovative product combines the benefits of life and health insurance and is not just a typical term product.”
He further added, “Customers have been given the flexibility to increase their cover at various milestones in their lives for e.g. marriage, child birth etc. This feature will enable them to provide adequate protection to their families across different life stages. We are confident that with this unique product we will bridge, to an extent, the protection gap that currently exists in the country.”
|
Benefits |
Age |
Policy Term |
Monthly Premium (*) (Rs.) |
|
#Death cover Rs.50 lakhs + Accidental Death cover Rs.50 lakhs + Critical illness cover Rs.10 lakhs |
30 years |
30 years |
1110/- |
|
35 years |
1493/- |
||
|
40 years |
2126/- |
*Premiums for non-smoker male
# Death benefit is inclusive of Terminal illness and Waiver of Premium in case of disability due to an accident