What is Icici Pru iProtect smart?
What is Icici Pru iProtect smart?
ICICI Pru iProtect Smart lets you add accidental cover of your choice during purchase or, even after purchase. For example if you buy life cover of ₹ 1cr with accident benefit of ₹ 50 Lakh, your nominee will get ₹ 1.5 crore in case of death due to accident.
What premium is refunded back at maturity in iProtect smart?
The Nominee/legal heir will get the Life Insurance Cover as per the chosen Death Benefit Payout Option. No Survival Benefit is payable during policy term. On survival of the Life Assured till the end of the policy term, for a fully paid policy, 105% of Total premiums paid3 is payable as Maturity Benefit to you.
What is POS iProtect smart?
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. This plan also offers you the option to enhance your coverage against Accidental Death.
What is the minimum paying term in iProtect smart?
Eligibility conditions in the ICICI Pru iProtect Smart Policy
| Minimum / Maximum age at entry | 18 / 65 years |
|---|---|
| Minimum / Maximum age at maturity | 23 / 75 years |
| Premium Payment Options | Single Pay, Regular Pay, Limited Pay |
| Minimum Policy term | Single Pay: 5 years Regular Pay: 5 years Limited Pay: 10 years |
Which is the best term policy?
10 Best Term Insurance Plans in India
| S.No. | Plan | Claim settlement Ratio(2020-2021) |
|---|---|---|
| 1. | HDFC Life Click 2 Protect Life | 98.01% |
| 2. | ICICI Pru iProtect Smart | 97.90% |
| 3. | Max Life Smart Secure Plus Plan | 99.35% |
| 4. | Tata AIA Life Insurance Sampoorna Raksha Supreme | 98.02% |
What is term life insurance return of premium?
Return of premium life insurance is a specific type of term life policy which will refund the money you’ve spent toward monthly premiums should you outlive the policy. These policies typically last 10, 20 or 30 years and tend to be more expensive than traditional term life insurance.
Which term insurance is best?
How good is Icici term insurance plan?
My icici prudential ulip policy plan is nice which have low premiums and the paybacks are high. The policy coverage is good ~91% and the claims are approx. 1.25 times the amount invested. The services is good and on time till date provided by the members.
Which insurance plan gives maximum returns?
LIC Plans with Highest Return. LIC offers a wide range of life insurance policies designed to provide higher returns. The following plans by LIC provide you with the maximum benefits – Jeevan Amar, New Children’s Money Back Plan, New Endowment Plan, New Money Back Plan- 20 years, and New Jeevan Anand Plan.