ICICI Prudential's Life Insurance Plans: Everything You Need to Know
Table of Contents
Your family relies on you for care, security and financial stability. With life insurance, you can guarantee you’ll always be there for your loved ones, even in your absence. ICICI Prudential Life Insurance helps you secure your family's future. Shower them with a financial gift that will hold their hand and teach them to always stand tall, just like you do. Choose from their wide range of plans to lead a worry-free life now and forever.
Features of ICICI Prudential Life Insurance Plans
- Comprehensive life cover on the payment of affordable premium
- Includes both Death Benefit and Maturity/Survival Benefit
- Serves the dual purpose of life cover and investment, enabling you to plan multiple financial objectives well in advance
- Tax benefits applicable on premium payment as per Section 80C and maturity benefits under Section 10(10D) of the Income Tax Act, 1961
- Life insurance retirement plans help you to strategically plan your retirement fund.
- Offers a free look Period of – (i) 15 days from the date of receiving the ICICI Prudential Life Insurance policy, if the policy has not been purchased through Distance Marketing, and (ii) 30 days from the date of receiving the policy, in case of electronic policy purchase or is purchased through Distance Marketing
Life Insurance Plans Offered by ICICI Prudential Life Insurance
- Ulip Plans
- Savings Plans
- Retirement Plans
- Health Plans
- Child Plans
- Term Plan
Documents Required For ICICI Prudential Life Insurance
Mandatory documents for death claim:
- Claimant's statement / Claim intimation form
- For Lender Borrower Group (only for Credit Life policies) - Claimant's statement / Claim intimation form
- For Affinity / Employer-Employee Group - Claimant's statement / Claim intimation form
- Copy of Death certificate issued by Local Municipal Authority
- Copy of Claimant's Photo Identification Proof & Current Address Proof
- Canceled Cheque
Additional documents for non-accidental death:
- Copy of Medical Legal Cause of Death Certificate
- Copy of Medical Records (Admission Notes, Discharge/ Death Summary, Test Reports etc.)
- Medical Attendant's/ Hospital Certificate to be filled by the treating doctor
- Certificate from Employer (for salaried individuals)
Additional documents for accidental death:
- Copy of FIR/Panchnama/Inquest Report and Post Mortem Report for accidental death & suicide cases
- Copy of Driving License if Life Assured was driving the vehicle at the time of accident (Applicable if 'Accident and Disability Benefit Rider' is opted)
- Critical Illness Claim, ICICI Pru Heart / Cancer Protect Claim, Major Surgical Assistance Benefit Rider Claim, Accidental Death Benefit Rider or other Rider Claim
Conclusion
ICICI Prudential Life Insurance has got an impressive range of insurance products to offer to cater to the individual needs of different customers. The track record of the company with regards to service is one of the best in the industries. With a healthy claim settlement ratio and simple claim process, it is one of the best life insurers operating in the Indian life insurance market today.
Also Read : What Is the Recurring Deposits Calculator?
