Scribd
Upload
25 views

IPS - V04 Onepage Final

The document describes the key benefits of a life insurance plan including enhanced protection against terminal illness and permanent disability, coverage until 99 years of age, immediate payment of claims for critical illnesses without bills or hospitalization, options to increase life cover at life milestones, need-based benefit payout options, special rates and coverage for women, and tax benefits up to Rs. 54,705 on premiums paid.

Uploaded by

cahimanshu1911
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
25 views

IPS - V04 Onepage Final

The document describes the key benefits of a life insurance plan including enhanced protection against terminal illness and permanent disability, coverage until 99 years of age, immediate payment of claims for critical illnesses without bills or hospitalization, options to increase life cover at life milestones, need-based benefit payout options, special rates and coverage for women, and tax benefits up to Rs. 54,705 on premiums paid.

Uploaded by

cahimanshu1911
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Key benefits of the plan

Enhanced Protection:
Get cover against terminal illness and permanent disability due to accident,++ in addition to death

Long Term Cover:


COVER TILL

99 Get covered till 99 years of age under Whole Life option.


YEARS

Immediate Payment:
You will get the claim money immediately on detection of any of the 34 critical illnesses (optional*), without any bills
or hospitalisation$

Increase Life Cover:


Option to increase Life Cover at important milestones of life, like marriage and child birth/adoption

Need Based Benefit Payout:


Choose to receive the benefit amount as a lump sum or as a monthly income for 10 years or a combination of both

Key Benefits For Women:


= Special premium rates for Life Cover and Accelerated Critical Illness Benefit
= Covers female organ cancers such as breast cancer, cervical cancer under Accelerated Critical Illness Benefit

Tax Benefits:
Save tax up to ` 54,705 on premiums paid under section 80C and 80D^

*The critical illness benefit is an accelerated benefit and the death benefit will be reduced by the critical illness cover paid to the policyholder. The future premiums payable for the residual CI Benefit will reduce
proportionately. In case the CI Benefit equal to the Death Benefit, the policy will terminate on payment of the CI Benefit. Only doctor's certificate confirming diagnosis needs to be submitted. On payment of Angioplasty, if
the CI Benefit is more than Rs. 5,00,000 the policy will continue for other CIs with CI Benefit reduced by Angioplasty payout. To know more about the illnesses covered, please refer to the Sales brochure. Critical Illness
Benefit is optional and available under Life and Health and All in One options.
++
Please refer the product brochure for the definitions, exclusions and other terms and conditions applicable for Terminal Illness and Permanent Disability due to accident.
$ Only doctor’s certificate confirming diagnosis needs to be submitted.
^Tax benefit of ` 46,350 & ` 7,725 is calculated at the highest tax slab rate of 30.90% (including cess and excluding surcharge) on insurance premium of `1,50,000 and ` 25,000 respectively. Tax benefits are subject to
conditions of Sec. 80C , 80D, 10(10D) and other provisions of the Income Tax Act, 1961. Goods & Services Tax and cesses ,if any ,will be charged extra, as per prevailing rates. Tax benefits are subject to amendments made
thereto from time to time. Please consult your tax advisor for details before acting on above.
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. ICICI Prudential Life Insurance Company Limited. Registered Address: ICICI PruLife Towers, 1089, Appasaheb
Marathe Marg, Prabhadevi, Mumbai - 400025. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Trade Logo displayed above belongs to ICICI Bank Ltd
& Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from
India). ICICI Pru iProtect Smart: UIN: 105N151V04. Advt No.:L/II/2762/2018-19.
ICICI Bank Limited ("Bank") with registered office at Landmark, Race Course Circle, Vadodara 390 007, is a corporate agent (COR No.: CA0112) of ICICI Prudential Life Insurance Company Limited (“ICICI Prulife”) having its
registered office at : ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. Insurance is underwritten by ICICI prudential Life. Bank’s customer participation in the policy is entirely voluntary.
BEWARE OF SPURIOUS / FRAUD PHONE CALLS!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

You might also like