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ICICI Prudential iProtect Super is a term insurance plan intended to provide financial protection to eligible beneficiaries if the insured dies during the covered policy term. Eligibility, available benefits and policy conditions depend on the insurer’s current product terms.
Term plan built for self-employed individuals and business owners, with an in-built terminal illness benefit and an option to take a 12-month premium break.
This plan may be worth evaluating for eligible self-employed buyers and business owners seeking term protection. Check the current eligibility rules, terminal illness provisions, premium-break conditions and available payout choices before making a decision.
ICICI Prudential Life
Key Insights
Founded
2001
ICICI Prudential Life was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.34% CSR, calculated as a 3-year average
ICICI Prudential Life settles 99.34% of all claims it receives, demonstrating strong credibility.
Contact Details
1800 2660
Headquarters: ICICI Prulife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra 400025, India
Provides a death benefit if the life assured dies during the policy term.
Benefit is subject to policy terms and the policy schedule.
Provides the applicable benefit on diagnosis of terminal illness meeting the policy definition.
Subject to the current policy wording and approval requirements.
Allows eligible policyholders to defer premium payments for 12 months under the premium-break option.
Deferred premiums remain payable under the applicable policy conditions.
Offers choices of policy duration and premium-payment terms.
Available choices depend on eligibility and product rules.
The nominee may be able to receive the life-cover amount as a lump sum, income over five years, or a combination.
Confirm the available payout options in the current policy brochure.
Optional additional protection for eligible death caused by an accident.
Requires the applicable rider or selected option and is subject to its terms.
Optional protection for qualifying total and permanent disability due to an accident.
Subject to rider eligibility, definitions and exclusions.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
ICICI Prudential Life plans and claim process
The insurer presents iProtect Super as a term plan for people following different work and business paths. Eligibility and underwriting requirements apply.
Yes. The insurer describes an option to defer premiums for a 12-month period when the policyholder faces financial difficulty. Deferred premiums remain payable under the policy conditions.
The insurer lists lump-sum, income over five years, and combined lump-sum and income payout choices. The selected option and policy terms govern the benefit payment.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official ICICI Prudential Life website before purchasing.
Official Website
iciciprulife.com
Visit the official ICICI Prudential Life website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
The insurer lists optional accidental total and permanent disability protection through the applicable rider. Rider terms, eligibility and additional premiums apply.
The insurer lists a 100% premium-refund option. The refund calculation and eligibility depend on the selected option and policy terms; review the current brochure for details.
Tax benefits may apply subject to prevailing tax laws and the conditions applicable to the policy. Consult a qualified tax adviser for your circumstances.