iSecure Plan vs iProtect Smart Return of Premium

Regular/Single Pay: minimum 10 years; Limited Pay: 7 PPT-12 PT, 10 PPT-15, 15 PPT-20, 20 PPT-25, 25 PPT-30 minimum; maximum lower of (64 years; 85 - Age at Entry)

No limits (subject to Board approved underwriting policy)

As per Board approved underwriting policy

Life Cover, Life Cover with Return of Premium

Limited Pay, Regular Pay

Single Pay, Regular Pay, Limited Pay (7, 10, 15, 20 & 25 years); Single Pay, Yearly, Half-Yearly and Monthly

Limited pay 5, 7, 10, 12 or 15 years, or pay up to age 60; Regular pay equal to policy term; annual, half-yearly or monthly

Yes

Yes

Lump sum

Lump sum (default), income over 5 years, or part lump sum and part income over 5 years

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ICICI Pru Non-Linked Accidental Death and Disability Rider

Healthy non-smoker male, age 30, Life Cover option, Sum Assured Rs 1 Cr, Policy Term 35 years, Premium Payment Term 25 years (limited pay; not the 30-year regular-pay profile). Tax inclusion not stated. Only sample rate given for age 30.

Brochure illustration: Mr. Kumar, 35-year-old healthy male non-smoker, Sum Assured Rs 1 crore, policy term 40 years, premium payment term 10 years (limited pay), annual premium Rs 74,638 (total Rs 7,46,380); 'Taxes (if any) will be charged extra, as per applicable rates.' NOTE: different profile (age 35, 40-year term, 10-pay); no age-30 regular-pay figure published.

FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)

FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)