Life insurance quotes online. Life Insurance - Life Insurance Policy Types & Plans Details - ICICI Bank

A Life Insurance can be defined as a contract between an insurance policy holder and an insurance company wherein the insurer pays a sum of money in exchange for a premium after a set period or upon the death of an insured person. Life insurance is an inimitable part of one’s financial plan. Opting for a life insurance policy can insure one from financial strain in case of an unfortunate event such as when someone passes away. Life insurance policy.

Benefits of life insurance

Offers comprehensive life cover | Provides long-term savings | Ensures life stage specific planning | Makes for a good tax saving option.

Pre Approved Offer

We have made buying life insurance easy for you with a pre-approved sum assured.

This offer is extended to selected existing customers of ICICI Bank. As their details are already available with us, these customers get the benefit of easy and hassle free buying and they don’t have to undergo any medical tests.

You can avail an instant life cover^ through your Internet Banking account at affordable premiums.

^Subject to realisation of payment and documents.

Disclaimer

Terms and Conditions apply. The values shown are for representation purposes only. Actuals may differ.

The critical illness benefit is an accelerated benefit and the death benefit will be reduced by the critical illness cover paid to the policyholder. To know more about the illnesses covered, please refer to the sales brochure. This is only available in Life & Health and All in One options.

Car insurance companies

This benefit is only available under Life Plus & All-in-one options

Tax benefit of Rs 54,075 is calculated at highest tax slab rate of 30.9% (including Cess) on insurance premium u/s 80C/80CCC of Rs 1,50,000 and health premium u/s 80D of Rs 25,000. Tax benefits under the policy are subject to conditions under Sec. 80C, 80D and Sec 10(10D) of the Income Tax Act, 1961. Goods & Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time.

~Doctors document confirming diagnosis to be submitted.

Guaranteed benefits are payable subject to all due premiums being paid and the policy being in force. Your Guaranteed Maturity Benefit (GMB) will be set at policy inception and will depend on policy term, premium, premium payment term, Sum Assured and gender and may be lower than your Sum Assured. Guaranteed Additions (GAs) totaling 5% of GMB each year will accrue during the first five policy years if all due premiums are paid. GAs accrue on payment of due premium. Bonuses consist of vested reversionary bonuses, interim bonus and terminal bonus, if any (this is in addition to what is mentioned).

Capital Guarantee will be available in terms of Assured Benefits, which is applicable only at maturity of the policy. Assured Benefits will be 101% of the sum of all premiums paid. There will be an additional charge of 0.50% p.a. and 0.10% p.a towards the investment guarantees for Easy Retirement Balanced Fund and Easy Retirement Secure Fund respectively, which will be adjusted from the NAV on daily basis.

Tax benefits are subject to conditions of section 80C, 80CCC, 80D, 10(10D) and 10(10A) of the Income Tax Act, 1961 and are subject to amendments made thereto from time to time.

Goods & Services Tax and Cesses, if any, will be charged extra as per prevailing rates.

Compare insurance

“This feature is only available under ICICI Pru iProtect Smart – Life Option

ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837

© 2016, ICICI Prudential Life Insurance Company Limited. Registered Address:- ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. Insurance is the subject matter of the solicitation. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India) and on 91-22-6193-0777 (Valid for calls made from outside India) (10am-7pm (IST), Monday to Saturday, except national holidays). Tax benefits under the policy are subject to conditions u/s 80D of the Income Tax Act, 1961. Goods & Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time. Advt. No.: W/II/0071/2017-18

ICICI Bank Limited ("ICICI Bank") with registered office at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, 390 007, Gujarat is a corporate agent (Composite, IRDAI Regn No.: CA0112 valid till 31/03/2019) of ICICI Prudential Life Insurance Company Limited ("ICICI Prulife"). Insurance is underwritten by ICICI Prulife. ICICI Bank's customer's participation in the policy is entirely voluntary.

The products, services and benefits referred to herein are subject to terms and conditions governing them as specified by ICICI Prulife from time to time. ICICI Bank shall not be liable or responsible for any loss resulting from insurance company's products/ services.

BEWARE OF SPURIOUS PHONE CALLS & FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that

Return of premium term life insurance

IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.

IRDAI does not announce any bonus.

Public receiving such phone calls are requested to lodge a police complaint, along with details of phone call, number.

OOPS! The page you were looking for is temporarily not available. We regret the inconvenience caused.

We request you to try again after some time. If the issue persists, please call our customer care numbers or submit a complaint.