insurance products of icici

2. PRESENTED BY:
A.Sudheer kumar
A.Ramyasri
T.Padmapriya
A.Nikhitha
K.Saipallavi

6. TYPES OF INSURANCES
IN ICICI
ICICI
LOMBARD
PRU LIFE
INSURANCE
HEALTH
INSURAN
CE
MOTOR
INSURANCE
TRAVEL
INSURANCE
HOME
INSURANC
E

7. GENERAL
INSURANCE

8. GENERAL INSURANCE
 Insurance other than human life is called
general insurance.
 Examples are insuring property like house
and belongings against fire and theft or
vehicles against accidential damage or theft.
 Injury due to accident or hospitalisation for
illness and surgery can also be insured. your
liabilities to other arising out of the law can
also be insured and is compulsory in some
cases like motor third party insurance.

9. Why choose ICICI Lombard ?
ICICI Lombard GIC Ltd established in 2001
It is a joint venture between ICICI Bank Limited India’s
Second largest bank and Fairfax Financial Holdings
Limited a financial Services Company .
largest private sector general insurance company in
India

10. ICICI Lombard Health Insurance
ICICI Lombard Complete Health Insurance provides you comprehensive coverage
to choose your medical plan, premium and policy according to your budget and
requirements.
Major benefits
 Wide range of annual Sum Insured up to Rs. 10 Lac.
 Accidental emergencies covered from day 1.
 Claims Service Guarantee.
 Policy renewal facility for life time
 No Maximum Entry Age to avail this policy.
 Cashless medical treatment across India in 4500+ network Hospitals.
 Rewards for staying fit with our wellness program.
 Tax benefits on your health plan under Section 80D of the Indian
Income .

11. ICICI Lombard Car Insurance
 Car insurance
 Major Benefits:
1. Immediate policy copy issuance online.
2. Road Side Assistance cover.
3. Daily allowance when your car is in the garage.
4. Cashless servicing facility at 3350+ network garages across India.
5. Zero Depreciation Cover.
6. Accidental cover facility for co-passengers up-to Rs. 2 Lac.
 What is Covered/Non covered:
 Covered: Loss or Damage against Natural Calamities. .
Non Covered: Normal wear and tear and general ageing of
the vehicle.
 Depreciation or any consequential loss.
 Mechanical/ electrical breakdown.

12. ICICI Lombard Bike Insurance
Bike Insurance:
Major Benefits:
 Policy copy will be issued immediately.
 Motorbike cashless claim servicing at 2000+ network garages across India.
 Co-passengers can avail optional personal accident cover.
 Avail no claim bonus on renewals if the same service was are not utilized in the previous policy
period
 Set Renewal Reminder to receive policy renewal reminders.
 What is Covered/Non covered:
 Covered: Loss or Damage against Natural Calamities. .
Non Covered: Normal wear and tear and general ageing of
the vehicle.
 Depreciation or any consequential loss.
 Mechanical/ electrical breakdown.

13. ICICI Lombard Travel insurance
 Types
 Single trip Plan : Buy online instantly without any medical check-up upto
85 years of age and get coverage for all checked-in baggage.
 Gold Multi-trip Plan: Gives peace of mind to Senior Citizens traveling
abroad against medical and non-medical expenses.
 Senior Citizen Plan: Secures and relieves Frequent Fliers from unnerving,
medical and non-medical expenses.
Travel insurance covers you
under the following
unforeseen scenarios while
travelling

14. ICICI Lombard Home Insurance
 Major benefits:
 Comprehensive cover available, which covers both structure and contents
 Coverage up to 10 years for only structure, 5 years for only contents and 5
years for structure & content
 Cover against Fire and allied perils, Burglary & Theft
 Cover for Terrorism and Additional expenses of rent for alternative
accommodation.
This plan presents complete financial assistance with well-timed
payouts and also offers zero home loan liability to the policyholder,

15. Achievements
• In General Insurance
Category
E-Business
Leader award
in 2015
• For innovation across
multiple functions of its
business operations
Golden Peacock
Innovation
Management Award
2015
• Best Travel Insurance
Company
CNBC Awaaz
Travel Awards
2015

18. About the Company:
•Established July 2000
•First Policy floated on December 2000
•A Joint Venture of ICICI Bank and Prudential Plc
•ICICI is the leading private bank in India, Headquartered in
Mumbai
•Prudential Plc is a leading international financial service
group headquartered in United Kingdom
•No. of Branches: 2100
•Micro-offices: 1,116

19. Details of policies
POLICY NAME AGE PREMIUM TERM BENEFITS
ICICI Pru iCare 18 - 65
years
Rs 3,000 5-30 years Premium paid towards the policy
will be eligible for tax benefits u/s
80C of the Income Tax Act, 1961 2
ICICI Pru Pure
Protect
18 / 65
years
Rs. 2,400
p.a.
10 / 30 years any benefit amount received under
this policy will be eligible for the
tax benefit under section 10 (10D),
as per prevailing Income Tax laws
ICICI Pru
LifeGuard
18 / 65
years
Rs. 2,400
p.a.
10 / 30 years In case of total and permanent
disability due to an accident, this
rider would waive future premiums
till maturity.

20. ICICI Pru Home
Assure
18 / 60
years
Rs. 6,000 p.a. 2-30 years On the death of the life assured, the
benefit based on the initial loan
schedule will be payable.
ICICI Pru iAssure
Single Premium
8-70
years
Rs. 20,000 5 or 10 years Tax benefits u/s 10(10D) will not be
available and benefits received
under the policy will be taxable
ICICI Pru
Guaranteed
Savings Insurance
Plan
30
Years
18,000 15 Years You have a choice of paying
premiums for either 7 or 10
years, while enjoying a long
term savings benefit under the
plan.
POLICY NAME AGE PREMIUM TERM BENEFITS

21. RETIREMENT PLANS
Name Age (At
entry)
Minimum
Annuity
Maximum
Cover *
ICICI Pru
Immediate
Annuity
45 – 100 years Rs 12000 Not Defined
 Choose a one time lump sum amount that you will pay in order to purchase
this plan
Segmentation :
Product is target to Service Middle Class and not for Deprived Income Group (
less then Rs 90,000)

22. Some insurance plans regarding
to icici
ICICI pru… i protect smart life cover
plan
 Guaranteed cash for 34 critical illness
 Protection against disabilities
 Double accidential death benefit. Maximum
amount that can be available is 2 crores and will
be paid as a lump sum
ICICI pru… Easy retirement plan
 On retirement, get pension for life.
 Create a ULIP pension fund with investment in
Equity yet 100% capital guarantee.

23. ICICI Pru…Savings suraksha
 Guaranteed maturity benefit along with
Guaranteed additions and yearly bonuses paid
out on maturity.
ICICI Pru…Cash Advantage
 Guaranteed cash payouts starting immediately
after your premium payment term is over.
 Guaranteed maturity benefits along with yearly
bonuses paid on maturity.

24. ULIPS – Unit Link Insurance Plans
• Freedom to choose your life insurance cover (Decide the percentages)
• Freedom to choose your investment type (Equity or Bonds)
• Flexibility of additional investment (Top ups)
• Goal based planning
 Retirement
 Wealth
 Child
 Health
Segmentation
Product is target to people who has slightly negative approach towards the
products (Behavioral Segmentation)

25. BIBILOGRAPHY:
WWW.ICICI INSURANCE.COM
WWW.ICICI PRU LIFEINSURANCE.COM
WWW.ICICILOMBARD INSURANCE.COM

26. ANY
QUERIES