ICICI Prudential iProtect Smart Term Insurance User Reviews
Claim Settlement Ratio | 97.90% |
Customer Care | 10:00 AM to 7:00 PM |
Death Benefit Paid For | 11,212 Policies |
Inception | 2001 |
Presence | 514 Branches |
Total Death Benefit Paid | 1,023.64 Crore |
Best insurance companies listed
I wanted to purchase a term insurance plan from an insurance provider whom I can fully rely on. InsuranceDekho’s website displayed a list of some of the leading insurance companies in India based on their claim settlement ratio. With the help of this information I purchased ICICI Prudential IProtect Smart Plan.
FAQs
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Why should I buy an ICICI Term Insurance plan?
This type of life insurance provides financial protection to the nominee or the beneficiary in case the policyholder dies during the policy term. ICICI Term insurance has an impressive claim settlement ratio of 97.84% FY 2019-20.
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How much ICICI Prudential Term Insurance cover is needed?
As a general thumb rule, you should have ideal term insurance cover up to 10 times of your annual income.
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Are deaths due to COVID-19 is covered under the ICICI Prudential Life Term insurance plan?
Yes, if the policyholder passes away due to COVID-19, its nominee will get the sum assured as a death benefit.
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Does ICICI Prudential Term Insurance policy cover death due to suicides?
Yes, the ICICI Prudential Term Life policy covers death due to suicides.
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Which is the minimum age to buy an ICICI Prudential Term Insurance plan?
You can buy the plan at a minimum age of 18 years.