ICICI Prudential Life Insurance has unveiled a significant enhancement to its leading term insurance product, ICICI Pru iProtect Smart, by launching the innovative ‘Life Continuity’ option. This feature ensures that families can receive the insurance claim amount as a monthly income, providing crucial stability in times of unexpected financial strain.
Recognizing the imperative of securing long-term financial goals amidst life’s uncertainties, ICICI Pru iProtect Smart not only covers outstanding debts but also supports aspirations such as homeownership and education funding. The plan’s comprehensive critical illness benefit covers 34 major ailments, including cancer and kidney failure, offering financial relief upon diagnosis to manage hefty medical expenses.
In Aizawl’s bustling insurance market, these advancements are poised to meet local families’ evolving needs effectively. ICICI Prudential Life’s commitment to prompt and efficient service is underscored by a remarkable claim settlement ratio of 99.17% in FY2024, with an average processing time of just 1.27 days.
