ICICI Prudential Life Save ‘n’ Protect | Protection your Family

Overview –

Assure your loved ones live secure, even when you are incapable to hold up the protective umbrella yourself. Invest in ICICI Prudential’s Save’N'Protect life insurance scheme, and in addition to protection your family, Save’N'Protect will enable you to make regular, systematic savings, so you can fluently provide your family with every comfort and meet your long-term financial objectives.

Eligibility –

Minimum Sum Assured (1)	Rs 50,000
Minimum Term (2)	10 years
Maximum Policy Term (3)	30 years
Minimum Entry Age (4)	0
Maximum Entry Age (5)	60 years
Maximum Age at maturity (6)	70 years
Minimum Premium (7)	Rs 6000 p.a.
Tax Benefit (8)	Premium paid for the policy and critical illness benefit rider will be eligible for tax benefit under section 80C & 80D respectively, any benefit amount received under this policy will be eligible for the tax benefit under section 10 (10D), as per prevailing Income Tax laws.

Features & Benefits –

When you invest in Save’N’Protect, you give yourself the guarantee of protection your family’s well being in addition to savings towards some important goals.

Take a look at the features and benefits of this plan:

Sum Assured: Choose your Sum Assured depending on the level of cover with which you want to guard your family. The minimum Sum Assured is Rs. 50,000.

3 premium paying modes: Choose to pay your premium in monthly, bi-yearly or yearly installments. Your premium is determined based on your age and the Sum Assured you decide.

Death benefit: Your nominee will instantly receive the Sum Assured and accrued guaranteed and vested bonuses, should something occur to you.

Maturity benefit: Receive guaranteed and vested bonuses plus the Sum Assured when your policy matures.

Extended life cover: Opt to protect your family even after you have stopped paying the premium. Enjoy a comprehensive cover for 5 years, at 50% of the Sum Assured, after your policy matures.

Additional riders: Keep your family financially secure even in the event of a critical illness, accident and disability. Invest in Critical Illness Rider (CIR), Accident and Disability Benefit Rider (ADBR) and Accident Benefit Rider (ABR).

Tax benefits: Enjoy tax deductions on your premiums (u/s 80 C) and tax exemptions on maturity proceeds and death benefit [u/s 10 (10 D)] as per prevailing Income Tax laws.

Possibly Related Posts:

Tags: ICICI Pru Save'n'Protect, ICICI Prudential Life Insurance, Insurance