Insurance Company
ICICI Prudential Life Insurance
Policy Name
iProtect Smart Plus
Expert Overview -
ICICI Prudential Life is promoted by ICICI Bank and Prudential Corporation Holdings, and has been operating since 2000 as a major private life insurer in India.
Plan Strategy -
A refreshed version of iProtect Smart with inbuilt features like Premium Break and an Insta Payment advance payout on claim intimation (as per eligibility), plus options like switching to limited pay and critical illness rider variants.
Network Hospitals
N/A+
Not applicable
Claim Ratio
98.03%
>95% recommended
Complaints
11
<10 recommended
Policy Features
Policy Analysis Detail
Inbuilt Value
Strategic Verdict
Option to increase coverage with milestone events
Included
Standard Feature
Option to receive premium payback starting 25th policy year
Included
Standard Feature
Accelerated payout in case of terminal illness
Included
Standard Feature
Switch from regular premium payments to a limited payment mode anytime after completing 3 policy years,
Included
Standard Feature
Based on IRDAI Public Disclosures (2025-26)
Enhanced Coverage
Key Add Ons Available
Accidental Death BenefitAdditional payout on accidental death
Waiver of PremiumPremiums waived on disability or CI
Critical Illness BenefitLump-sum on CI diagnosis
