ICICI Prudential launches new term insurance plan

ICICI Prudential Life Insurance has launched a term insurance product ‘ICICI Pru iProtect Return of Premium’, offering ‘life-stage based cover wherein the quantum of life cover is automatically adjusted based on the customer’s life stages’.
According to a press note, the ICICI Pru iProtect Return of Premium offers a return of 105 per cent of all premiums paid on survival, besides providing cover against 64 critical illnesses, one of the highest in the industry. It offers two variants – Life Stage Cover and Level Cover.

Amit Palta, chief distribution officer, ICICI Prudential Life Insurance, said, ‘the product promises adequate protection at all life stages with fixed premiums and return of 105 per cent of all premiums.’

0

0