2 weeks ago

ICICI Prudential unveils women-first term plan with pregnancy break

ICICI Prudential unveils women-first term plan with pregnancy break
From pregnancy breaks to 15% premium discount: Inside ICICI Prudential's new women-first insurance plan · livemint.com

A company called ICICI Prudential Life Insurance made a new kind of insurance plan just for women.

Insurance is like a promise: if something bad happens, the company gives money to the family.

This new plan also helps women stay healthy.

Women who buy it pay 15% less money for their insurance, and that discount lasts their whole life.

If a woman is going to have a baby, she can take a break from paying for a little while.

The plan still protects her and her family during that break.

If the woman passes away, her family can get money little by little instead of all at once.

That money helps pay for the children's school and education.

The plan also gives free health check-ups, doctor calls, and discounts on medicines.

It's like insurance plus a health helper all in one.

Key facts

Product name
ICICI Pru iProtect Smart Her
Company
ICICI Prudential Life Insurance
Product type
Term insurance plan for women
Lifetime premium discount for women
15%
Women-specific wellness benefits value
Up to ₹25,000
Total product benefits value
Up to ₹92,100
Child Education Care payout
Income stream increasing by 10% annually for 10 years

Quotes

Vikas Gupta

Chief Product Officer, ICICI Prudential Life Insurance

“"By combining life insurance with meaningful health management services and greater flexibility through features such as the pregnancy break benefit and lifetime premium discount, we offer a solution that helps women secure both their financial future and overall wellbeing."”
livemint.com

Sources

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