ICICI Prudential Life Insurance has launched a groundbreaking initiative to bolster financial security for women across Mizoram. The company unveiled a lifetime discount of 15% on premiums for its leading term insurance product, iProtect Smart, exclusively for women. Salaried women will also benefit from an additional 15% discount on the first year’s premium, aimed at enhancing their ability to provide for their families’ future.
iProtect Smart offers extensive coverage, including protection against 34 critical illnesses such as breast, ovarian, uterine, and cervical cancers. This feature ensures comprehensive financial support during health crises, with payouts upon diagnosis to facilitate immediate medical treatments without exhausting personal savings. Mr. Amit Palta, Chief Distribution Officer at ICICI Prudential Life Insurance, highlighted the significance of this initiative, stating, “As the number of working women in Mizoram’s workforce grows, so does the need for robust financial planning. iProtect Smart not only secures their future but also empowers them to face life’s uncertainties confidently.”
With an industry-leading claim settlement ratio of 99.17% for FY2024 and an average turnaround time of just 1.27 days, ICICI Prudential reaffirms its commitment to providing reliable and efficient service to its customers.
