The document describes an all-in-one term life insurance plan called iProtect Smart that provides life insurance protection as well as additional benefits including terminal illness coverage, waiver of premium on disability due to accident, coverage for 34 critical illnesses, and accidental death benefit. The document provides examples of how the plan's different benefits would work for various policyholders and outlines the plan's tax benefits and documentation requirements.
The document summarizes an insurance plan called ICICI Pru iProtect Smart that provides life insurance and additional benefits. The plan offers death benefits, terminal illness coverage, and waiver of premium on permanent disability. Policyholders can enhance their coverage by selecting additional benefits for accidental death, critical illnesses, or both. The plan provides tax benefits and has flexible premium payment and benefit payout options. It also offers additional coverage for life stages like marriage or childbirth. The document outlines eligibility conditions, benefits covered, and exclusions under the policy.
The critical illness benefit is an accelerated benefit that pays out a lump sum amount if the policyholder is diagnosed with a major illness. This reduces the death benefit amount. The benefit is available under the Life & Health and All in One policy options. The policy provides life insurance protection against death, terminal illness, disability through waiver of premiums and also has optional critical illness and accidental death benefits. Premiums paid and benefits received may be eligible for tax benefits under applicable tax laws.
A term plan is a product offered by Life Insurance companies where the nominee selected by you (generally your spouse or parent) receives a sum assured in case of your demise. A term plan is a pure protection plan that will ensure your family’s financial well-being in your absence. This amount can be used by your spouse to pay utility bills, household expenses, your child’s education, parents medical expenses, etc.
1. The document describes various plan options available under the HDFC Life Click 2 Protect 3D Plus insurance plan, including Life Option, 3D Life Option, Extra Life Option, Income Option, and others.
2. It provides examples to illustrate how the benefits are paid out for different plan options. For example, under the Life Option the nominee would receive a lumpsum payout on death, and future premiums are waived on accidental disability.
3. The plan options provide various combinations of benefits including lumpsum payout on death, waiver of premiums on disability or critical illness, additional payout for accidental death, and options for monthly income payouts to the nominee.
- This document summarizes a life insurance plan from HDFC Life called Click2Protect Life that offers various options to suit different needs and life stages, including options that provide life coverage, critical illness coverage, and retirement income.
- The plan offers options to choose coverage amounts and terms, adjust coverage levels over time, get income payments starting at age 60, and reduce premium payment terms. It also offers coverage for COVID-19 claims and features like waiver of premium on critical illness.
- Three main plan options are described - Life & CI Rebalance which balances life and critical illness coverage over time, Life Protect which provides a lump sum on death, and Income Plus which provides coverage until maturity plus income payments starting at age
Protect yourself for whole of life with lifelong protection options with life and health insurance plans. To get more details visit https://www.hdfclife.com/documents/apps/c2p-health_retail_brochure20170828-123436.pdf
To learn more about thisplan visit https://www.hdfclife.com/term-and-health-insurance-plans/click-2-protect-health-plan
This document presents HDFC Life's Cancer Care Plan, which provides a lump sum benefit upon diagnosis of minor or major cancer. Key features include premium waiver and increased sum assured if no claims are made. Three plan options - Silver, Gold, and Platinum - offer different benefits. Premiums are affordable, starting from Rs. 521 annually for Rs. 10 lakh sum assured. Cancer is increasingly common in India, so financial protection is important. This plan aims to help policyholders and their families pay for high treatment costs.
GPACI Accordian_4H X 8W in 11-2-16_Web VersionSalim Khan
The document presents a Group Lifestyle Protection Policy offered by Cigna TTK Health Insurance. The policy provides insurance coverage for accidents and critical illnesses for groups through customizable plans. Coverage options include group personal accident only, group critical illness only, or a combination. Benefits include lump sum payments for accidental death, disability, and listed critical illnesses. Waiting periods and exclusions apply. The policy aims to help groups secure members' lifestyles and offers assistance through its health relationship managers.
The document summarizes an insurance plan called ICICI Pru iProtect Smart that provides life insurance and additional benefits. The plan offers death benefits, terminal illness coverage, and waiver of premium on permanent disability. Policyholders can enhance their coverage by selecting additional benefits for accidental death, critical illnesses, or both. The plan provides tax benefits and has flexible premium payment and benefit payout options. It also offers additional coverage for life stages like marriage or childbirth. The document outlines eligibility conditions, benefits covered, and exclusions under the policy.
The critical illness benefit is an accelerated benefit that pays out a lump sum amount if the policyholder is diagnosed with a major illness. This reduces the death benefit amount. The benefit is available under the Life & Health and All in One policy options. The policy provides life insurance protection against death, terminal illness, disability through waiver of premiums and also has optional critical illness and accidental death benefits. Premiums paid and benefits received may be eligible for tax benefits under applicable tax laws.
A term plan is a product offered by Life Insurance companies where the nominee selected by you (generally your spouse or parent) receives a sum assured in case of your demise. A term plan is a pure protection plan that will ensure your family’s financial well-being in your absence. This amount can be used by your spouse to pay utility bills, household expenses, your child’s education, parents medical expenses, etc.
1. The document describes various plan options available under the HDFC Life Click 2 Protect 3D Plus insurance plan, including Life Option, 3D Life Option, Extra Life Option, Income Option, and others.
2. It provides examples to illustrate how the benefits are paid out for different plan options. For example, under the Life Option the nominee would receive a lumpsum payout on death, and future premiums are waived on accidental disability.
3. The plan options provide various combinations of benefits including lumpsum payout on death, waiver of premiums on disability or critical illness, additional payout for accidental death, and options for monthly income payouts to the nominee.
- This document summarizes a life insurance plan from HDFC Life called Click2Protect Life that offers various options to suit different needs and life stages, including options that provide life coverage, critical illness coverage, and retirement income.
- The plan offers options to choose coverage amounts and terms, adjust coverage levels over time, get income payments starting at age 60, and reduce premium payment terms. It also offers coverage for COVID-19 claims and features like waiver of premium on critical illness.
- Three main plan options are described - Life & CI Rebalance which balances life and critical illness coverage over time, Life Protect which provides a lump sum on death, and Income Plus which provides coverage until maturity plus income payments starting at age
Protect yourself for whole of life with lifelong protection options with life and health insurance plans. To get more details visit https://www.hdfclife.com/documents/apps/c2p-health_retail_brochure20170828-123436.pdf
To learn more about thisplan visit https://www.hdfclife.com/term-and-health-insurance-plans/click-2-protect-health-plan
This document presents HDFC Life's Cancer Care Plan, which provides a lump sum benefit upon diagnosis of minor or major cancer. Key features include premium waiver and increased sum assured if no claims are made. Three plan options - Silver, Gold, and Platinum - offer different benefits. Premiums are affordable, starting from Rs. 521 annually for Rs. 10 lakh sum assured. Cancer is increasingly common in India, so financial protection is important. This plan aims to help policyholders and their families pay for high treatment costs.
GPACI Accordian_4H X 8W in 11-2-16_Web VersionSalim Khan
The document presents a Group Lifestyle Protection Policy offered by Cigna TTK Health Insurance. The policy provides insurance coverage for accidents and critical illnesses for groups through customizable plans. Coverage options include group personal accident only, group critical illness only, or a combination. Benefits include lump sum payments for accidental death, disability, and listed critical illnesses. Waiting periods and exclusions apply. The policy aims to help groups secure members' lifestyles and offers assistance through its health relationship managers.
The document describes an insurance plan that offers several options:
1. Return of Premium: Provides life coverage and returns all premiums paid at maturity.
2. Income Benefit: Provides life coverage and monthly income payments starting at age 60.
3. Return of Premium with Life-stage cover: Provides adjustable life coverage based on life stage and returns all premiums paid at maturity.
4. Early return of Premium with Life-stage cover: Similar to 3 but returns all premiums earlier, at age 60 or 70.
The plan allows customization of coverage amounts, benefit options, and return of premium timing. It provides life insurance protection as well as premium returns.
The document provides information about the Bharti AXA General Insurance SmartHealth Insurance Policy. It summarizes key policy benefits like coverage for hospitalization expenses, pre-and post-hospitalization costs, critical illnesses, and more. It outlines eligibility criteria, exclusions like pre-existing diseases, and plan options including a family floater. Distinctive features are highlighted such as renewal discounts, tax benefits, and health check-up costs after claim-free years. Claim procedures and contact information are also mentioned.
Assure is a comprehensive health insurance coverage plan from Religare Health Insurance. It covers Critical Illness, Surgical Procedures, Medical Events as well as give Personal accident cover.
This document summarizes the benefits of MetLife's Critical Care insurance plan. The plan provides a lump sum payment if the policyholder is diagnosed with a critical illness to help cover high medical costs and loss of income. It covers 32 illnesses including cancer, heart attacks, and strokes. The plan offers worldwide coverage and extra services like second medical opinions. Premiums vary based on age and coverage amount, and can be paid annually or as a single 5-year payment. The goal is to provide financial support during serious illness so families can focus on recovery without financial worries.
HDFC click to achieve for child future securesumit466232
This document describes two savings life insurance plans - Click 2 Achieve Smart Student and Click 2 Achieve Dream Achiever.
Smart Student provides guaranteed income for 3-5 years to cover education expenses, starting when the child is 16 or 18. It offers flexibility, guaranteed returns, and waiver of premium benefits.
Dream Achiever offers customizable guaranteed immediate income according to one's needs. It provides flexibility in death benefits, premiums, terms and income amounts. Both plans aim to help achieve life goals and dreams.
This document summarizes an insurance plan called IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 7 Pay. It offers:
- Guaranteed annual payouts ranging from 126.66% to 143.23% of premiums paid, starting from the 8th year for 7 years.
- Life cover for 14 years while only paying premiums for the first 7 years.
- A critical illness benefit that provides a lump sum payout of guaranteed annual premiums proportional to premiums paid if diagnosed with a covered critical illness.
The document discusses an endowment plan called InvestGain that provides life insurance protection and savings for various future financial goals. It has 4 plan options with increasing death benefits and offers low cost riders for additional accident and critical illness coverage. The plan allows paying premiums for a limited period and provides benefits like family income in case of death or disability. Examples illustrate how the riders enhance the basic policy's coverage.
Buy Click 2 Protect Super from HDFC Life that provides you varying cover along with comprehensive protection as per your evolving needs. To know more about it, visit now!
The document describes Reliance Child Plan, a life insurance product that allows parents to save systematically for their child's future needs. Key features include risk protection for the policyholder, accumulated bonuses payable at maturity, guaranteed fixed benefits payable annually during the last four years, and waiver of future premiums upon the policyholder's death. The plan offers options to add riders for accidental death, critical illness coverage, and a family income benefit. Premium amounts vary based on the sum assured, policy term, and policyholder's age. The plan aims to give parents financial security for their child's future needs while allowing them to enjoy the present.
INSURANCE , RETIREMENT for YouTube - Copy.pptxMeetLalcheta
Insurance is a method to protect against financial losses. There are different types of insurance like life, health, etc. Life insurance includes term plans, money back plans, whole life plans. Health insurance covers medical expenses. Some key points to understand before buying insurance are to purchase it at a young age, for a cover amount of 20x annual income, and include accident and disability coverage. Retirement planning is important to meet daily expenses and maintain lifestyle after retiring. It involves estimating retirement corpus, identifying suitable plans like NPS, SIP, PPF, tax-free bonds, SCSS, and starting early through these long-term options. NPS allows investing till age 60 and provides partial withdrawal at 60 with remaining amount as
Health Insurance products offering by life insurersJaswanth Singh G
- The document discusses health insurance and various related topics such as whether it is necessary, differences between health insurance offered by life insurers versus general insurers, key proposed regulatory amendments regarding health insurance, and popular riders available under health insurance policies.
- It provides an overview of health insurance policies offered by life insurers versus general insurers, explaining that life insurers typically offer fixed-benefit plans while general insurers offer indemnity plans.
- It also summarizes some key proposed regulatory changes such as requiring uniform premiums for 3 years and incentives for policyholders who maintain good health.
Long-term care (LTC) goes beyond medical care to include
all the assistance you could need if you ever have a chronic
illness or disability that leaves you unable to care for yourself
for an extended period of time (longer than 90 days). While
older people generally require the most long-term care services,
40% of long-term care claims are paid to someone under the
age of 64.* A young or middle aged person who has suffered a
debilitating illness or accident may also require care.
LIC's e-Term plan is an online term assurance policy that provides financial protection to the policyholder's family in the event of their unfortunate death. It is best suitable for people who have dependents and want good life insurance protection for them. The policy fulfills the basic purpose of life insurance by providing financial support to the applicant's family. Buying term insurance online is a good choice as it is cheaper and saves time and money compared to other options.
This document provides an overview and review of LIC's Jeevan Arogya health insurance plan. It discusses the plan's features, benefits, premiums, eligibility, exclusions and riders. Key points include:
- The plan provides daily cash benefits for hospitalization and covers major surgeries. Premiums can be paid yearly or half-yearly.
- Benefits include hospital cash, major surgical coverage, daycare procedures coverage and ambulance benefits.
- Eligibility covers self, spouse, children, parents and parents-in-law from age 18 to 80.
- Riders include accident benefit and term assurance. Premiums vary by age and family members covered.
- Exclusions are
Assignment on risk management and insurance22shahed Mohammad
MetLife is a global insurance company founded in 1868. It has over 90 million customers in 50+ countries. In Bangladesh, MetLife has been operating since 1952 and is the largest life insurer with a 33% market share and over 1 million insured members. MetLife's key products in Bangladesh include Three Payment Plan Plus, Education Protection Plan Plus, Critical Care, Hospital Care, and Future Care - DPS which provide life insurance, health insurance, and savings opportunities to customers.
This Insurance Policy provides a comprehensive protection and is specifically designed to guard you and your family against the trauma you face for repayment of your loan in the event of unfortunate incidences.
The document describes LIC's Jeevan Arogya health insurance plan. It provides health insurance coverage against specified health risks and helps financially in medical emergencies. The plan offers valuable financial protection for hospitalization, surgery, and increasing health coverage annually. Policyholders can choose their health coverage level between Rs. 1,000-4,000 per day and insure themselves, spouse, children, parents, and parents-in-law under one policy from age 18-75. The plan provides benefits like hospital cash, surgical coverage, day care procedures, ambulance costs, and premium waivers.
Relicare provides a critical illness insurance policy that pays a lump sum amount if diagnosed with one of 10 listed critical illnesses. It aims to protect lifestyle from life-threatening illnesses. Key features include a lump sum payout for first diagnosis of cancer, heart attack, stroke, or other illnesses. The policy offers individual contracts for ages 18-65 and covers medical costs from major diseases. Premiums vary based on age, sum insured, and term chosen.
Maxima is a plan that takes care of your everyday health needs. It is an easy to buy plan that covers expenses incurred in the form of Doctors’ consultations, Pharmacy bills, Diagnostic tests, Dental treatment, Optical services and Annual health check-up. Maxima health plan by Apollo Munich offers comprehensive coverage while taking care of little illnesses too. Along with wide inpatient coverage, Maxima also offer benefits with unique outpatient coverage. With additional critical illness coverage and provision of lifelong renewal, the plan makes insurance coverage feasible at affordable premium rates. Get self as well as your family members insured under this easy to understand plan and enjoy a stress free health future.
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The document describes an insurance plan that offers several options:
1. Return of Premium: Provides life coverage and returns all premiums paid at maturity.
2. Income Benefit: Provides life coverage and monthly income payments starting at age 60.
3. Return of Premium with Life-stage cover: Provides adjustable life coverage based on life stage and returns all premiums paid at maturity.
4. Early return of Premium with Life-stage cover: Similar to 3 but returns all premiums earlier, at age 60 or 70.
The plan allows customization of coverage amounts, benefit options, and return of premium timing. It provides life insurance protection as well as premium returns.
The document provides information about the Bharti AXA General Insurance SmartHealth Insurance Policy. It summarizes key policy benefits like coverage for hospitalization expenses, pre-and post-hospitalization costs, critical illnesses, and more. It outlines eligibility criteria, exclusions like pre-existing diseases, and plan options including a family floater. Distinctive features are highlighted such as renewal discounts, tax benefits, and health check-up costs after claim-free years. Claim procedures and contact information are also mentioned.
Assure is a comprehensive health insurance coverage plan from Religare Health Insurance. It covers Critical Illness, Surgical Procedures, Medical Events as well as give Personal accident cover.
This document summarizes the benefits of MetLife's Critical Care insurance plan. The plan provides a lump sum payment if the policyholder is diagnosed with a critical illness to help cover high medical costs and loss of income. It covers 32 illnesses including cancer, heart attacks, and strokes. The plan offers worldwide coverage and extra services like second medical opinions. Premiums vary based on age and coverage amount, and can be paid annually or as a single 5-year payment. The goal is to provide financial support during serious illness so families can focus on recovery without financial worries.
HDFC click to achieve for child future securesumit466232
This document describes two savings life insurance plans - Click 2 Achieve Smart Student and Click 2 Achieve Dream Achiever.
Smart Student provides guaranteed income for 3-5 years to cover education expenses, starting when the child is 16 or 18. It offers flexibility, guaranteed returns, and waiver of premium benefits.
Dream Achiever offers customizable guaranteed immediate income according to one's needs. It provides flexibility in death benefits, premiums, terms and income amounts. Both plans aim to help achieve life goals and dreams.
This document summarizes an insurance plan called IDBI Federal Incomesurance Guaranteed Money Back Insurance Plan 7 Pay. It offers:
- Guaranteed annual payouts ranging from 126.66% to 143.23% of premiums paid, starting from the 8th year for 7 years.
- Life cover for 14 years while only paying premiums for the first 7 years.
- A critical illness benefit that provides a lump sum payout of guaranteed annual premiums proportional to premiums paid if diagnosed with a covered critical illness.
The document discusses an endowment plan called InvestGain that provides life insurance protection and savings for various future financial goals. It has 4 plan options with increasing death benefits and offers low cost riders for additional accident and critical illness coverage. The plan allows paying premiums for a limited period and provides benefits like family income in case of death or disability. Examples illustrate how the riders enhance the basic policy's coverage.
Buy Click 2 Protect Super from HDFC Life that provides you varying cover along with comprehensive protection as per your evolving needs. To know more about it, visit now!
The document describes Reliance Child Plan, a life insurance product that allows parents to save systematically for their child's future needs. Key features include risk protection for the policyholder, accumulated bonuses payable at maturity, guaranteed fixed benefits payable annually during the last four years, and waiver of future premiums upon the policyholder's death. The plan offers options to add riders for accidental death, critical illness coverage, and a family income benefit. Premium amounts vary based on the sum assured, policy term, and policyholder's age. The plan aims to give parents financial security for their child's future needs while allowing them to enjoy the present.
INSURANCE , RETIREMENT for YouTube - Copy.pptxMeetLalcheta
Insurance is a method to protect against financial losses. There are different types of insurance like life, health, etc. Life insurance includes term plans, money back plans, whole life plans. Health insurance covers medical expenses. Some key points to understand before buying insurance are to purchase it at a young age, for a cover amount of 20x annual income, and include accident and disability coverage. Retirement planning is important to meet daily expenses and maintain lifestyle after retiring. It involves estimating retirement corpus, identifying suitable plans like NPS, SIP, PPF, tax-free bonds, SCSS, and starting early through these long-term options. NPS allows investing till age 60 and provides partial withdrawal at 60 with remaining amount as
Health Insurance products offering by life insurersJaswanth Singh G
- The document discusses health insurance and various related topics such as whether it is necessary, differences between health insurance offered by life insurers versus general insurers, key proposed regulatory amendments regarding health insurance, and popular riders available under health insurance policies.
- It provides an overview of health insurance policies offered by life insurers versus general insurers, explaining that life insurers typically offer fixed-benefit plans while general insurers offer indemnity plans.
- It also summarizes some key proposed regulatory changes such as requiring uniform premiums for 3 years and incentives for policyholders who maintain good health.
Long-term care (LTC) goes beyond medical care to include
all the assistance you could need if you ever have a chronic
illness or disability that leaves you unable to care for yourself
for an extended period of time (longer than 90 days). While
older people generally require the most long-term care services,
40% of long-term care claims are paid to someone under the
age of 64.* A young or middle aged person who has suffered a
debilitating illness or accident may also require care.
LIC's e-Term plan is an online term assurance policy that provides financial protection to the policyholder's family in the event of their unfortunate death. It is best suitable for people who have dependents and want good life insurance protection for them. The policy fulfills the basic purpose of life insurance by providing financial support to the applicant's family. Buying term insurance online is a good choice as it is cheaper and saves time and money compared to other options.
This document provides an overview and review of LIC's Jeevan Arogya health insurance plan. It discusses the plan's features, benefits, premiums, eligibility, exclusions and riders. Key points include:
- The plan provides daily cash benefits for hospitalization and covers major surgeries. Premiums can be paid yearly or half-yearly.
- Benefits include hospital cash, major surgical coverage, daycare procedures coverage and ambulance benefits.
- Eligibility covers self, spouse, children, parents and parents-in-law from age 18 to 80.
- Riders include accident benefit and term assurance. Premiums vary by age and family members covered.
- Exclusions are
Assignment on risk management and insurance22shahed Mohammad
MetLife is a global insurance company founded in 1868. It has over 90 million customers in 50+ countries. In Bangladesh, MetLife has been operating since 1952 and is the largest life insurer with a 33% market share and over 1 million insured members. MetLife's key products in Bangladesh include Three Payment Plan Plus, Education Protection Plan Plus, Critical Care, Hospital Care, and Future Care - DPS which provide life insurance, health insurance, and savings opportunities to customers.
This Insurance Policy provides a comprehensive protection and is specifically designed to guard you and your family against the trauma you face for repayment of your loan in the event of unfortunate incidences.
The document describes LIC's Jeevan Arogya health insurance plan. It provides health insurance coverage against specified health risks and helps financially in medical emergencies. The plan offers valuable financial protection for hospitalization, surgery, and increasing health coverage annually. Policyholders can choose their health coverage level between Rs. 1,000-4,000 per day and insure themselves, spouse, children, parents, and parents-in-law under one policy from age 18-75. The plan provides benefits like hospital cash, surgical coverage, day care procedures, ambulance costs, and premium waivers.
Relicare provides a critical illness insurance policy that pays a lump sum amount if diagnosed with one of 10 listed critical illnesses. It aims to protect lifestyle from life-threatening illnesses. Key features include a lump sum payout for first diagnosis of cancer, heart attack, stroke, or other illnesses. The policy offers individual contracts for ages 18-65 and covers medical costs from major diseases. Premiums vary based on age, sum insured, and term chosen.
Maxima is a plan that takes care of your everyday health needs. It is an easy to buy plan that covers expenses incurred in the form of Doctors’ consultations, Pharmacy bills, Diagnostic tests, Dental treatment, Optical services and Annual health check-up. Maxima health plan by Apollo Munich offers comprehensive coverage while taking care of little illnesses too. Along with wide inpatient coverage, Maxima also offer benefits with unique outpatient coverage. With additional critical illness coverage and provision of lifelong renewal, the plan makes insurance coverage feasible at affordable premium rates. Get self as well as your family members insured under this easy to understand plan and enjoy a stress free health future.
Similar to IPS-All in One Option Included.ver3-1.pptx (20)
1. A term life insurance plan
that financially protects
you and your family
1
All-In-One
2. What iProtect Smart – All-In-One Offers
Death Benefit
Terminal Illness
Benefit
Waiver of Premium on
Disability due to
Accident
34 Critical Illnesses
Accidental Death
Benefit
Death Benefit paid upon earlier of
Diagnosis of Terminal Illness or
Death of the Life Assured
Waiver of Premium
Life cover continues without paying any
premium on disability
34 Critical Illnesses
CI Benefit paid as a lump sum, incase of
diagnosis of any of the 34 illnesses
Accidental Death Benefit
Double the sum assured to your nominee in
case you die in an accident
3. 3
Mr Reddy, Salaried and non-Smoker
Age: 40 Yrs; Policy Term: 45 Yrs
Life Cover - ₹1 Crore
Critical Illness Cover (Optional) - ₹25 Lakh
Accidental Death Benefit (Optional) - ₹50 Lakh
Waiver of Premium on Disability – Future
Premiums
CI Cover
ADB Cover
Premium
Payment Over
CI Cover over
ADB Cover
Over
PPT
Life Cover
40 Yrs 50 Yrs 75 Yrs 80 Yrs 85 Yrs
How does IPS All in one work?
5. 5
Mr Verma, Sales Person in IT Firm
Age: 36 Yrs
Life Cover - ₹2 Crore
PPT
Life Cover
36 Yrs
Benefit - Waiver of all Future Premium
Future
premiums
waived off;
Life
Insurance
cover stayed
in force
85 Yrs
6. 6
Ms Priya, Marketing Consultant
Age: 32 Yrs; Policy Term: 30 Yrs
Life Cover - ₹1 Crore
Critical Illness Benefit - ₹25
Lakh
Cervical Cancer
diagnosed
Death
PPT
32 Yrs 40 Yrs 52 Yrs
Critical illness benefit (optional)
₹25
Lakh
paid as
lump
sum
Nominee gets
reduced sum
assured of
₹75 Lakh &
Policy
terminates
7. 7
List of 34 Critical illnesses Covered
Cancer of specified severity
Angioplasty*
First Heart Attack – of Specified Severity
Open Heart Replacement or Repair of Heart Valves
Surgery to aorta Heart and Artery Benefit
Cardiomyopathy
Primary Pulmonary hypertension
Open Chest CABG
Blindness
Chronic Lung Disease
Chronic liver disease Major Organ Benefit
Kidney Failure Requiring Regular Dialysis
Major Organ/ Bone Marrow Transplant
Apallic Syndrome
Benign Brain Tumour
Brain Surgery
Coma of specified Severity
Major Head Trauma
Permanent Paralysis of Limbs
Stroke resulting in permanent symptoms Brain and Nervous System Benefit
Alzheimer’s disease
Motor Neurone Disease with Permanent Symptoms
Multiple Sclerosis with Persisting Symptoms
Muscular Dystrophy
Parkinson’s disease
Poliomyelitis
Loss of Independent Existence
Loss of Limbs
Deafness
Loss of Speech Others
Medullary Cystic Disease
Systematic lupus Eryth with Renal Involvement
Major Burns
Aplastic Anaemia
8. 8
Mr Ravi, Sales Professional
Age: 34 Yrs
Life Cover - ₹1 Crore
Accidental Death Benefit - ₹1
Crore
Death
PPT
34 Yrs 37 Yrs
Nominee
receives
₹2 crore
Accidental Death Benefit (optional)
9. Tax Benefit (Income Tax Act 1961)
Section 80C for
Premium
Sec 80D for CI
Benefit Option
Sec 10(10D)
Applicable to all
proceeds
12. Product USPs
Adequate life cover at affordable rates
Extended life cover till 85 years
Customized payment options
Whole life cover option
Flexible payout options
Critical illness protection and accidental benefit rider options
Tax benefits u/s 80C, 80D and 10(10D)
12
13. Documentation
13
List of Documents Required
Along with your photo, we require only 3
documents to issue a policy.
PAN (Mandatory)
• Entering your PAN Number is mandatory
• For upload, file size limit per document should not be more
than 2 MB.
• Keep these documents handy. This helps you fill up the
application for much more quickly.
• A readable scan copy/ camera pic of these documents will
be good, and allow you to submit the documents online.
TIP: PAN Card will be used as a valid Age and ID
Proof
Age & Address proof (Any one)
• Current Passport
• Current Driving License
• Aadhar Card (Masked Aadhar Card omitting
first 8 digits also accepted)
If you do not have any of the above and want
to know list of alternate documents, Click Here
If you submit ANY ONE amongst the above 4
documents, you will not have to submit any
additional document for Age • ID • Address
proof.
14. 14
Income Proof
Income Tax returns (ITR’s) for last 3 assessment years duly filed with
the IT department.
Form 16 of latest assessment year.
Salary slips of the last 3 months.
Individual Audited Profit and Loss account, Balance Sheet of last 3
assessment years.
Last 3 months bank statement reflecting regular salary credits
Latest salary certificate from the employer on the letter head signed by
authorized signatory
Documentation
15. Medical
15
Things to do for Faster Issuance
Prepare for Medicals
Simple process. Requires only your Pin code and types of test required.
Home Visit:
A medical practitioner will visit your place
to carry out some basic tests as per your
convenience
Medical center visit:
Visit a medical center basis your pin code or in
case of particular tests required, as per your
convenience
16. Policy Issuance
16
Issuance
Policy Issuance usually takes 7 working days post medical test and successful
submission of all documents. In case of non-policy issuance due to ineligibility,
one of the following offers would be made to you:
• XRT: Revised premium
• Counter Offer: Revised life cover or revised policy term
• Postpone: Eligible to buy policy after 6 months
• Decline: Policy cannot be given
17. 5 pointer pitch
17
Sir, you would agree that life has it’s own risks. A major sickness or an accident leading to
disability can be a setback for our financial planning and untimely death can shatter it
completely.
Hence, it is prudent to plan for such contingencies.
ICICI Pru iProtect Smart a unique protection plan, offers a safety net against these
contingencies and ensures 360 degrees cover for your life and protects your family’s future
In addition to life cover you get covered against terminal illness & disability.
In case of unfortunate disability occurring due to an accident all future premiums are
off and the life cover continues
You can boost your protection with accidental death benefit and critical illness benefit
34 illnesses. Critical Illness SA is paid upfront on diagnosis of any of the listed 34 critical
illnesses
This plan offers tax benefits under Sec 80C & 80D. And all pay-outs are tax free. Moreover
this is one of the most cheapest term plans available in the market.
The only Protection product which offers all-in-one protection under one plan.
If the life assured is diagnosed with a terminal illness like AIDS, full/ entire life
cover will be paid to the nominee/legal heir immediately
Use Case: Saurab was a 30 years old software engineer. He had bought iProtect Smart with a life cover of
`1 Cr. Six years later he was diagnosed with a terminal illness. He was paid his entire life cover amount. He
paid all his dues before his death (including his huge home loan) and did not leave back any financial liabilities
on his family.
in case of permanent disability due to an accident, all future premiums will be
borne by the company and the life cover stays intact
Use Case: Mr. Verma was 36 years old sales manager in an IT firm. He had bought iProtect Smart with a life
cover of `2 Cr and was paying a premium of `23,541 p.a. Due to an unfortunate accident one day, he was not
able to move, climb or bend. The company waived off all his future premiums and the life insurance cover
stayed inforce till the policy term.
If the life assured is diagnosed with any one of the 34 critical illnesses covered, the life
assured will be paid the critical illness benefit amount immediately at the first diagnosis stage without
any hospital bills. Which means only a scanned copy of the diagnosis report is enough to raise the
claim. Also, even if the expense incurred by the policy holder may be lesser, total critical illness
benefit amount will be paid to the policy holder. Not just this, the premium under the critical illness
benefit remains the same throughout the policy term. Once the claim for critical illness is paid out, the
life insurance cover minus the critical illness cover stays in force with reduced premium. You can opt
for this health benefit under life & health or All in one plan options.
Use Case: Priya is a 32 years old marketing consultant. She has availed a loan for buying a house. Realising
the need for protection in her fast-paced life, Priya wants to be well prepared for unforeseen circumstances in
life. ICICI Pru iProtect Smart provides the perfect solution for her needs. Priya takes ICICI Pru iProtect Smart
with a base cover of `1 Crore and a CI Benefit of `25 lakh with 30 year term. She pays an annual premium of
`16,568. At 40, Priya is diagnosed with Cervical cancer. `25 lakh is paid as a lump sum and the Policy
continues with reduced Sum Assured of `75 lakh. The subsequent premiums are proportionately reduced to
`7,304 p.a. At 52, On Priya’s unfortunate death, her nominee gets lump sum death benefit of `75 lakh and the
Policy terminates.
If the life assured is diagnosed with any one of the 34 critical illnesses covered, the life
assured will be paid the critical illness benefit amount immediately at the first diagnosis stage without
any hospital bills. Which means only a scanned copy of the diagnosis report is enough to raise the
claim. Also, even if the expense incurred by the policy holder may be lesser, total critical illness
benefit amount will be paid to the policy holder. Not just this, the premium under the critical illness
benefit remains the same throughout the policy term. Once the claim for critical illness is paid out, the
life insurance cover minus the critical illness cover stays in force with reduced premium. You can opt
for this health benefit under life & health or All in one plan options.
Use Case: Priya is a 32 years old marketing consultant. She has availed a loan for buying a house. Realising
the need for protection in her fast-paced life, Priya wants to be well prepared for unforeseen circumstances in
life. ICICI Pru iProtect Smart provides the perfect solution for her needs. Priya takes ICICI Pru iProtect Smart
with a base cover of `1 Crore and a CI Benefit of `25 lakh with 30 year term. She pays an annual premium of
`16,568. At 40, Priya is diagnosed with Cervical cancer. `25 lakh is paid as a lump sum and the Policy
continues with reduced Sum Assured of `75 lakh. The subsequent premiums are proportionately reduced to
`7,304 p.a. At 52, On Priya’s unfortunate death, her nominee gets lump sum death benefit of `75 lakh and the
Policy terminates.
if the death of the life assured happens due to an accident, nominee/ legal heir will be
paid extra amount. You can add accidental cover of your choice during purchase or, even after the
purchase. Maximum accident cover available with this benefit is `2 crore. You can opt for this benefit
under life plus or All in one plan options.
Use Case: Ravi was a 34 years old sales professional. He bought `1 crore life cover iProtect Smart with `1 crore
accidental death benefit. At 37, he unfortunately passed away in an accident. Company paid `2 crore to his
nominee.
Things to do for Faster Issuance
Prepare for Medicals
Our process of medical examination is very simple. Immediately after the making payment, you will be asked to enter your pin code for medical test. Basis the pin code and type of tests required, You will be entitled to either a home visit medical test or a Medical center visit.
Home Visit:
In this option, a medical practitioner will visit your place to carry out some basic tests. You can choose the date and time of examination as per your convenience.
Medical center visit:
In this option, you will have to visit a medical center basis your pin code or in case of tests which require medical center visit like X ray, TMT (Treadmill test)etc. You can choose the date and time of examination as per your convenience.