ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life) is a joint venture between ICICI Bank Ltd. which is one of India's largest banks in the private sector and the Prudential Corporation Holdings Limited.
The company works on the core philosophy of consumer centricity. It offers long-term savings and protection insurance policies which can easily meet the different needs of people at different stages of life. The company keeps trying to offer affordable yet attractive and helpful insurance policies at a cost-effective price. All of the products have superior quality services, continuous fund performance and a hassle-free claim settlement experience for all.
ICICI Prudential Life operates on the core philosophy of customer centricity. They offer long-term savings and protection products to meet different life stage requirements of their customers. They have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to their customers.
The new-age Life Cover Plan, iProtect Smart was recognized for its innovation and voted ‘Product of the Year 2016’.
Ranked as one of the best brands in BFSI sector twice in a row as per 'BrandZ Top 50 Most Valuable Brands 2015', a study conducted by Millward Brown and published by WPP.
The 1st prize for Innovation at the Qimpro Awards, 2014.
Ranked as one of the best brands in BFSI sector as per 'BrandZ Top 50 Most Valuable Indian Brands 2014', a study conducted by Millward Brown and published by WPP.
Brand campaign 'Achche Bandeh', was awarded the 'Silver Effie' in the financial services category.
Pure-term insurance plan.
Policy time period of a flexible five years.
Maximum sum assured for minimum premium is of 5 lakhs.
Assured benefits with returns of 101% on premiums.
Numerous wealth boosters and loyalty additions to existing plans
Specific tax reductions on premiums with the gain amount that is paid on maturity.
Pay premium online, and ICICI PRU life insurance coverage status can be tracked online as well.
ICICI Pru Life Time Classic
ICICI Pru Life Time Classic is the new ULIP plan. Premium starts at Rs. 2,500 per month: The mentioned minimum premium is applicable under the premium payment mode of Limited Pay and Regular Pay. The minimum premium amount under the single pay is Rs 50,000.
ICICI Pru SmartKid
It is a plan that will work like a good investment if nothing happens to you and you get the fund value on maturity. Premium you pay will be invested in your choice of equity, debt or balanced funds to build a corpus for your child's future.
ICICI Pru Elite Life Super
This plan offers life cover to protect your family.In case of death of the policyholder, the nominee receives the life cover amount as a lump sum payout. Offers the choice to invest different funds that include 5 Equity, 2 Debt and 2 Balanced and switch between them anytime.
ICICI Pru Elite Wealth Super
Under this plan, you have the authority to choose from 4 portfolio strategies as per your investment styles to accomplish financial goals. Allows you to invest in 9 diverse funds that include 5 Equity, 2 Debt, and 2 Balanced funds as per your choice to get the best return.
ICICI Pru Guaranteed Wealth Protector
It is basically a unit linked insurance plan that offers the potential for high returns, by investing a portion of your money in equity, while also providing the dual assurances of assured benefit & life cover.
ICICI Pru Smart Life
ICICI Pru Smart Life is a unit linked insurance plan that provides you with multiple choices to invest towards your financial goals & smart benefit which ensure that wealth accumulation continues, even after you are not around. Allows you to select from fixed portfolio strategy or life-cycle based portfolio strategy as per your risk appetite.
In case you misplace your insurance coverage, you may request a copy by visiting nearest ICICI Prudential Life Insurance branch.
The coverage holder loses out on all of the benefits of the plan. After discontinuance of the coverage, it cannot be withdrawn. The policyholder would get hold of the invested amount.