Save'n'Protect
Keep your life's earnings safe and protect your loved ones at the same time, with
ICICI Prudential's Save'n'Protect policy, that ensures that your family stays safe
in case of unforeseen circumstances, as well as the fact that your savings remain
intact and you can use them as and when the need be/
Learn more about the features and benefits of the Save’n’Protect life insurance
scheme, from ICIC Prudential, and start protecting the future of your family and
loved ones today!
Save'n'Protect
at a glance
- Minimum Sum Assured (1) Rs 50,000
- Death benefit: Provide for your beneficiary to receive the Sum Assured should something
happen to you.
- 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
and benefits of Save'n'Protect
- When you invest in Save’N’Protect, you give yourself the guarantee of safeguarding
your family’s well being in addition to savings towards some important goals.
- Death benefit: Provide for your beneficiary to receive the Sum Assured should something
happen to you.
- Sum Assured: Choose your Sum Assured depending on the level of cover with which
you want to protect your family. The minimum Sum Assured is Rs. 50,000.
- 3 premium paying modes: Choose to pay your premium in monthly, bi-annual or annual
installments. Your premium is determined based on your age and the Sum Assured you
choose.
- Death benefit: Your nominee will immediately receive the Sum Assured and accrued
guaranteed and vested bonuses, should something happen 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 an extended 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. YES! I want to apply for Save’n’Protect NOW! Send your insurance advisor
to meet me!
