Icici Prudential Life Insurance Co. Ltd. · NSE:ICICIPRULI
Icici Prudential Life Insurance — Investor Presentation
16 slides from Icici Prudential Life Insurance's investor presentation
Slide 1: ICICI Pru iProtect Smart Plus
ICICI Pru iProtect Smart Plus A Non-Participating Non-linked Life Individual Pure Risk Insurance Product
Slide 2: Key Features
Key Features • Enhanced protection: Coverage against death and terminal illness* • Comprehensive additional benefits: Option to choose Accidental Death Benefit or other optional covers, as made available through riders*** • Special premiums rates for non-tobacco users • Complimentary health manageme
Slide 3: How does this plan protect you?
How does this plan protect you? You can choose your level of protection by selecting one of the below benefit options: Benefit Option Benefits Life Death Benefit + Terminal Illness* Life Plus Death Benefit + Terminal Illness* + Accidental Death Benefit** For complete details of the policy, please re
Slide 4: Benefits in Detail
Benefits in Detail Life Option: We will pay the Death Benefit (DB) to your nominee, on death of the Life Assured The policy will terminate on payment of this benefit. Death Benefit is the Sum Assured chosen by you. Life Plus Option: In addition to the benefits under the Life Option, you are also cov
Slide 5: Death Benefit Payout
Death Benefit Payout ICICI Pru iProtect Smart Plus provides the flexibility to take the Death Benefit in a way that meets your financial requirement. The Death Benefit payout option has to be selected by you at Policy inception. The Death Benefit can be paid to your beneficiary as: 1. Lump Sum - The
Slide 6: Death Benefit Payout
Death Benefit Payout The beneficiary can also advance the first year’s income as lump sum. In such a case, the monthly income(payable in equal monthly instalments), at a different rate than above, will start from the subsequent month for the remaining income term (total income term less 1 year), at
Slide 7: Death Benefit Payout
Death Benefit Payout 3. Lump sum and Income – In this the Death Benefit will be paid as a combination of income and lump sum payout options. The part of the Death Benefit amount to be paid out as lump sum is chosen at inception. The balance Death Benefit amount will be paid out in equal monthly inst
Slide 8: Boundary conditions for Life variant
Boundary conditions for Life variant Premium Payment Premium Minimum/Maximum age Minimum/Maximum Policy Term Options Payment Term at entry Single Pay* Single 5 years / 20 years 18/65 years 5 years / 85 years less age at entry Regular Pay Equal to policy term 18/65 years Whole Life (99 years less age
Slide 9: Boundary conditions for Life Plus variant
Boundary conditions for Life Plus variant Premium Payment Premium Minimum/Maximum age Minimum/Maximum Policy Term Options Payment Term at entry Single Pay* Single 5 years / 20 years 18/65 years Regular Pay Equal to policy term 5 years / 85 years less age at entry 18/65 years 18/65 years 5, 7, 10, 15
Slide 10: Features
Features Premium Break1: • You can avail a Premium Break under the product for a period of 12 months • On the happening of any insured event during this period, You/ the Claimant will receive the eligible claim amount under the policy or rider(s), if any after deducting the corresponding deferred am
Slide 11: Other Benefits
Other Benefits Maturity or paid-up or survival benefit: There is no maturity, paid-up value or survival benefit available under this product. Policy Cancellation Value : On policy cancellation, Policy Cancellation Value equal to Unexpired risk premium value will be payable: i) Single Pay Unexpired r
Slide 12: Other Benefits
Other Benefits iii) Limited Pay • If one full year’s premium is not paid, Unexpired risk premium value = 0. • If one full year’s premium has been paid, then the Unexpired risk premium value = 25% x [Number of months for which premiums are paid / (Premium Payment Term x 12)] x [1 – (Policy Month of C
Slide 13: Disclaimers
Disclaimers *A Life Assured shall be regarded as Terminally Ill only if that Life Assured is diagnosed as suffering from a condition which, in the opinion of two independent medical practitioner’s specializing in treatment of such illness, is highly likely to lead to death within 6 months. The termi
Slide 14: Disclaimers
Disclaimers 1Premium Break: You can get Premium Break under the product for a period extending by 12 months from the due date of first unpaid premium. During this Premium Break Period, the premium (including the rider(s) premium, additional premium (if any) for the other inbuilt benefits, any underw
Slide 15: Disclaimers
Disclaimers . V The Life Assured will get access to a carefully curated suite of inbuilt health management & well-being services. These inbuilt Services are applicable only if the policy is in force with all due premiums paid to date. The Life Assured can enjoy these inbuilt benefits from our ICICI
Slide 16: ICICI Prudential Life Insurance Company Limited registered address and IRDAI disclaimer
© ICICI Prudential Life Insurance Company Limited. Registered Address: - ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. IRDAI Regn No. 105. CIN:L66010MH2000PLC127837. Advt. : W/II/0022/2026-27 Call us on 1800-2660 (10am-7pm, Monday to Saturday, except national holidays
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