About ICICI Prudential Life Insurance

ICICI Prudential is amongst the most dominant players in the insurance sector of India, commencing their operations in 2001. ICICI Prudential laid its foundation with the value of customer-centricity wherein ICICI Prudential offers long-term savings and protection products to meet the different life stage requirements of the customers.

ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. It has consistently been among the top companies in the Indian Life insurance sector. ICICI Assets Under Management (AUM) on 31st March 2022 were INR 2,404.92 billion.

Key Features of ICICI Prudential Life Insurance?

ICICI Pru Life has been a major player in the insurance industry impacting millions of lives with their services and insurance products. Let's take a look at its key features:

ICICI Prudential Life Insurance Plans

With their core values of Humility, integrity, passion, boundarylessness, and keeping the customer first CICI Prudential Life Insurance launched multiple innovative insurance solutions. ICICI Pru Life Insurance Company offers a wide bouquet of insurance solutions across categories that allow customers to choose their ideal plan as per their and their family's requirements.

1. ICICI Prudential Term Insurance

   Plan	Entry Age	Tenure	Minimum Sum Assured
   ICICI Pru iProtect Smart	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 99 years	Subject to the minimum premium
   ICICI Pru iProtect Return Of Premium	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 40 years	As per Board Approved Underwriting Policy
   ICICI Pru Saral Jeevan Bima	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 40 years	Rs. 5,00,000
   ICICI Pru iCare II	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 67 years	Option 1:- Rs. 86,548 Option 2:- Rs. 85,015
   ICICI Pru Precious Life	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 40 years	Rs. 2,00,000
   ICICI Pru Life Raksha	Minimum Age:- 18 years Maximum Age:- 60 years	5 years	Rs. 50,000
   POS iProtect Smart	Minimum Age:- 18 years Maximum Age:- 60 years	5 to 40 years	Subject to the minimum premium
   ICICI Pru POS Life Raksha	Minimum Age:- 18 years Maximum Age:- 60 years	5 years	Rs. 50,000
   ICICI Pru Loan Protect	Minimum Age:- 18 years Maximum Age:- 65 years	5 to 30 years	Rs. 5,00,000
   ICICI Pru Loan Protect Plus	Minimum Age:- 18 years Maximum Age:- 65 years	5/20/25/30 years	Rs. 5,00,000

   Know More About: ICICI Prudential Term Insurance

2. ICICI Prudential ULIP Plans

   Plan	Entry Age	Tenure	Minimum Sum Assured
   ICICI Pru Signature Online	Minimum Age:- 0 years Maximum Age:- 60 years	5 to 30 years/ Whole life	7 X Annualised Premium
   ICICI Pru Signature	Minimum Age:- 0 years Maximum Age:- 65 years	PPT 5 years:- 5 to 30 years PPT 7 years and higher:- Whole life	1.25 X Single Premium
   ICICI Pru Smart Kid	Minimum Age:- 20 years Maximum Age:- 54 years	10 to 25 years	7 X Annualised Premium
   ICICI Pru 1 Wealth	Minimum Age:- 8 years Maximum Age:- 60 years	5/ 10 years	1.25 X Single Premium
   ICICI Pru Lifetime Classic	Minimum Age:- 0 years Maximum Age:- 65 years	10/15 to 25 years	1.25 X Single Premium
   ICICI Pru Guaranteed Wealth Protector	Minimum Age:- 8 years Maximum Age:- 70 years	10/12 years	7 X Annualised Premium
   ICICI Pru Smart Life	Minimum Age:- 20 years Maximum Age:- 54 years	10 to 25 years	7 X Annualised Premium

   Know More About: ICICI Prudential ULIP Plans

3. ICICI Prudential Savings Plan

   Plan	Entry Age	Tenure	Minimum Sum Assured
   ICICI Pru Sukh Samruddhi	Minimum Age:- 0 years Maximum Age:- 60 years	PPT + Income Term	Rs. 1,89,000
   ICICI Pru Guaranteed income for tomorrow- long term	Minimum Age:- 18 years Maximum Age:- 60 years	15/20/25/30 years	10 X Annualized Premium
   ICICI Pru Guaranteed income for tomorrow	Minimum Age:- 18 years Maximum Age:- 60 years	10/12/15/16/20 years	For Sum Assured on Death: 10X: 45 1.25X: 60
   ICICI Pru Cash Advantage	Minimum Age:- 0 years Maximum Age:- 60 years	5/17/20 years	Guaranteed Maturity Benefit:- Rs. 63,881
   ICICI Pru Savings Suraksha	Minimum Age:- 0 years Maximum Age:- 60 years	10/12/15/17 to 30 years	Guaranteed Maturity Benefit:- Rs. 93,750
   ICICI Pru Assured Savings Insurance Plan	Minimum Age:- 3 years Maximum Age:- 60 years	10/12/15 years	Maturity Benefit=Accrued Guaranteed Additions + Guaranteed Maturity Benefit (GMB)
   ICICI Pru Future Perfect	Minimum Age:- 91 days Maximum Age:- 55 years	10 to 15 years 12 to 17 years 15 to 20 years	Rs. 84,000
   ICICI Pru Lakshay	Minimum Age:-5 years Maximum Age:- 50 years	12, 15, 20, 25, and 30 years	Higher of (10 times Annualised Premium or PPT X Annualised Premium)
   ICICI Pru Lakshay Lifelong Income	Minimum Age:- 5 days Maximum Age:- 50 years	12, 15, 20, 25 and 30 years	Higher of (10 times Annualised Premium or PPT X Annualised Premium)

   Know More About: ICICI Prudential Savings Plan

4. ICICI Prudential Child Plans

   Plan	Entry Age	Tenure	Minimum Sum Assured
   ICICI Pru Smart Kid	Minimum Age:- 20 year Maximum Age:- 54 years	10 years to 25 years	7 X Annualised Premium

5. ICICI Prudential Retirement Plans

   Plan	Entry Age	Tenure	Minimum Sum Assured
   ICICI Pru Guaranteed Pension Plan Flexi	Minimum Age:- 40 year Maximum Age:- 70 years	5 to 15 years	Rs. 12,000 per annum
   ICICI Pru Guaranteed Pension Plan Deferred Annuity	Minimum Age:- 30 year Maximum Age:- 100 years	Lifelong Annuity	Single Premium
   ICICI Pru Guaranteed Pension Plan Immediate Annuity	Minimum Age:- 30 days Maximum Age:- 100 years	Lifelong Annuity	Single Premium
   ICICI Pru Easy Retirement SP	Minimum Age:- 18 years Maximum Age:- 80 years	10/15/ 20/ 25/30 year	Single Premium
   ICICI Pru Easy Retirement	Minimum Age:- 18 days Maximum Age:- 70 years	10/15/ 20/ 25/ 30 years	Single Premium

How To Buy ICICI Prudential Life Insurance Plans

ICICI Prudential allows you to purchase insurance solutions through various means. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying process.

**Once the payment is made, you will get a payment confirmation at your registered email address.

How to File ICICI Prudential Life Insurance Claims?

Filing a claim for ICICI Prudential Life Plan is a simple and hassle-free task. You can easily fill and submit their claims online or offline. To file a claim for ICICI Prudential Life Plan, you need to follow the below-mentioned steps.

Claim Intimation

Inform the company about the incident via various channels- by writing an email at claimsupport@iciciprulife.com or by calling on the toll-free number (1860 266 7766), filling the online claim form on its website, or by visiting the nearest branch. The following details have to be provided during the intimation of your claim:

• Name of the policyholder
• Policy number
• Date of death/event of the life assured
• Nominee name
• Cause of death
• Contact details

A claim reference number/intimation number will be provided to you upon successful registration of the claim.

Document Submission

Submit the necessary documents requested by the company to process the claim. In the case of natural death-

• Death claim form.
• Death certificate.
• Original policy documents.
• Claimant's identity & residence Proof.
• Medical records at the time of death & past illnesses.
• Account details of the nominee.

In the case of unnatural death (Accidental death/Murder/Suicide)-

• Death claim form.
• Death certificate.
• Original policy documents.
• Claimant's identity & residence proof.
• FIR, police inquest report & panchanama.
• Post mortem report.
• Account details of the nominee.

Claim Settlement

After receiving all the documents and claim forms, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over a call or an email.

How to Contact ICICI Prudential Life Insurance Company?