ICICI Prudential Life Insurance Company Limited
ICICI Pru iProtect Smart Life Cover Plan
UIN 105N151V05We don't sell this — we'll still recommend if it fits
The dealbreaker fields (term life)
Sum assured (max)
—
Claim settlement (CSR)
98%
Claims TAT
[object Object] days
Suicide exclusion
12 months
Payout options
Life Option · Life Plus Option · Life & Health Option +1
Premium payment
Single Pay · Limited Pay · Regular Pay
Policy term
10–67 yrs
Surrender value
no
Free look
30 days
What this plan does well
- 4 Benefit Options: Life / Life Plus / Life & Health / All in One — flexible per buyer need
- 34 Critical Illnesses covered (ACI) — accelerated benefit
- Female organ cancers (breast, cervical) specifically covered under ACI
- Waiver of Premium on Permanent Disability — BUILT-IN for ALL variants
- Terminal Illness Acceleration — BUILT-IN for ALL variants
- Accidental Death Benefit — Life Plus + All in One
- Need-based payout: Lumpsum / Monthly income 10/20/30 yrs / Combination
- Female 15% premium discount (stated)
Watch out for
- 7x Annualised Premium minimum — LOWER than Bharti AXA Premier Protect (11x), HDFC C2P Super (10x)
- ACI is ACCELERATED not additional — reduces death benefit (some buyers prefer additional CI)
- ACI premium guaranteed only certain period then revisable (verify)
- Regular Premium has NO Surrender Value
- Premium for ACI ceases after ACI payout — no further CI coverage
- ADB and ACI must be chosen at inception — cannot be added during policy term
Is this the right plan for you?
Run the 30-second cover calculator. We'll tell you whether this plan, or a different one, is the better fit.
Find my right cover →We don't directly sell this plan today. If our verdict says this is your best fit, we'll point you to a broker who does — and tell you our paired listed alternative so you can decide.