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ICICI Pru Saral Jeevan Bima offers a simplified answer to your protection needs and ensures that your family leads a comfortable life without any financial worries, even in your absence.
ICICI Pru Saral Jeevan Bima is a pure protection plan with the intent to safeguard the insured individual and their family against any unforeseen circumstances.
Here are some key features of this plan:
Minimum Age - 18 years Maximum Age - 65 years
Maximum Maturity Age - 70 years
Minimum term - 5 years Maximum term - 40 years
Base sum assured: 5 lakhs to no limit.
Policy loan is not available under ICICI Saral Jeevan Bima plan
Premium payment mode Single Pay-5/10 years
Here are the benefits associated with the ICICI Pru Saral Jeevan Bima
Upon the unfortunate demise of life insured during policy term , ICICI Prudential saral jeevan bima pays the death benefit among the highest of the following 10 times the Annualized Premium or 105% of all premiums paid or Absolute amount assured to be paid on death.
This Plan does not offer maturity benefit.
All the Premium paid for this plan can be used as tax benefit for upto Rs. 1.5 Lac under section 80C and upto Rs. 2.5lac under section 1010D of income tax act 1961.
You can add the following riders to your ICICI Prudential Saral Jeevan Bima:
With ICICI Pru Accidental Death Benefit Rider, you can cover yourself with a maximum sum assured of 2 crore against any unfortunate accident that causes death to the life insured.
With ICICI Pru Critical Illness Rider, you can protect yourself with a maximum sum assured of 1 crore against 34 critical illness diseases.
With ICICI Prudential saral Jeevan Bima plan, you can cover yourself for upto 70 years of age.
ICICI Pru Saral Jeevan Bima comes with affordable premiums to fit right into your budget with multiple premium payment choices like monthly, semi-annual or annual.
Choose to pay premiums once, for a limited period or throughout the policy term, as per your convenience.
Here is the list of exclusions associated with the plan:
ICICI Prudential Saral Jeevan Bima is a simple term plan, that comes with affordable pemiunms. This Plan offers long term coverage upto the age of 70 years, along with flexible premium payment term. For more info related to this plan you can contact PolicyX.com, our certified insurance advisors works 24/7 to solve every possible query of yours.
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ICICI Pru Life Saral Jeevan Bima has been launched with an aim of making financial protection accessible to every individual with its simple features and flexible options. It has been designed to meet all your protection needs by offering the flexibility to choose a life cover, policy term, premium payment term and frequency.
ICICI Saral Jeevan Bima Yojna offers sum insured life cover ranging between ₹ 5 Lakhs to ₹ 49.5 Lakhs.
Under ICICI Pru Saral Jeevan Bima Yojna, the premium payment terms available are Regular, Limited and Single Payment.
Under ICICI Pru Saral Jeevan Bima Yojna the premium payment mode is yearly, half-yearly or monthly.
ICICI Saral Jeevan Bima Yojna entry age is minimum 18 years and maximum age is 65 years with a policy term of 5 years to 40 years.
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February 5, 2023
Asia/Kolkata
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