The Great: Features That Set It Apart

The Good: Value-Added Benefits

The Gaps: Considerations

If diagnosed with a terminal illness, receive a lump sum of up to Sum Insured to help manage medical expenses and treatment costs

After the 29th policy year, you can exit the plan without paying additional premiums, with all liabilities covered and the premiums paid will be returned. (Not available in the last 5 years of the policy term.)

If the insured is diagnosed with permanent disability due to an accident, future premiums are waived while the coverage continues. Just inform the insurer to activate this benefit.

Receive a lump sum payout of up to ₹1 crore upon the first diagnosis of any of 34 listed critical illnesses. (Excludes the first 180 days, and not available after 30 policy years or age 75.)

After the 29th policy year and once you reach 60, you can exit the plan without paying additional premiums, with all liabilities covered, and twice the premiums paid will be returned. This option is only available for limited pay policies and is not available in the last 5 years of the policy term.

Rajesh Kumar

iPru iProtect Smart – Life & Health Option offers essential coverage with benefits like a Terminal Illness Benefit, Accelerated Critical Illness Cover (up to ₹1 crore), and Waiver of Premium in case of permanent disability due to an accident. It provides financial flexibility through Smart Exit Options after 29 years and allows for increased coverage at key life stages. While the plan doesn't offer immediate payouts or a Return of Premium rider, it ensures reliable protection for you and your family.

ICICI Prudential iProtect Smart Plan – Life & Health

Comprehensive coverage with flexible benefits