Life Raksha Plan
vs
Digit Glow Term Insurance Plan
- Affordable Premiums
- Multiple plan options to choose from
- Flexible premium payment options
| PLAN DETAILS |
324-1727956721.webp){kind=logo} Life Raksha Plan |
 Digit Glow Term Insurance Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum maturity age- 85 years |
| Plan Sum Assured | 10 times annual premium | Base Sum Assured- 2.25 lakhs to 1 crore |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 60 years | Minimum Age - 18 years Maximum Age - 65 years |
| Plan Payment modes | Annual, half-yearly, quarterly & monthly | Yearly, half-yearly, quarterly, and monthly |
| Plan Policy loan | Policy loan is not available under ICICI Life Raksha Plan | Policy loan is not available |
| Plan Sample Premium | Rs 789-/ per month | Rs 654-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 5 years | Minimum policy term- 1 year, Maximum policy term- 40 years |
| Claim Settlement Ratio (2023-24) | 99.3 | 99.53% |
* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.
ICICI Pru Life Raksha is a simple pure protection plan offering death benefits ranging from INR 50,000 to INR 5 lakhs.
The plan is offered by ICICI Pru Life Insurance company and comes with tax benefits against the premiums that you pay. The premium payment term of the Life Raksha plan is regular pay for 5 years. It is to be noted that this plan does not come with any maturity or surrender benefits.
Here are some benefits of this plan:
You can choose the following riders with your Digit Glow Term Insurance Plan to enhance your plan coverage:
Offers additional benefits in case of the policyholder’s death due to an accident.
This rider offers the rider sum assured in case the policyholder becomes partially or totally disabled due to an accident.
In case the policyholder is diagnosed with any of the critical illnesses mentioned in the brochure, then rider benefits are paid to them.
Consult for Personalized Insurance Advice
Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.
Trouble connecting with an insurance company?
Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com
We are happy to help.
With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.
