ICICI All in One Term Plan

Feature of ICICI All in One Term Plan 

The ICICI All in one Term Plan is simple and easy to customize as per your requirements: 

• The plan allows you to choose a cover of Rs. 50 lacs, Rs. 1 Crore, and more as per your family’s requirements at a price that easily fits into your budget. A large cover protects your family in critical times. 

• Option to add a cover of critical illness of Rs. 1 Crore and an accidental claim coverage of Rs. 2 Crore at a minimal rate. Thus, it ensures a large value for your amount and more security for you. 

• Choose to enhance your coverage at life stages such as marriage, child’s birth, house, and more. 

• You can pay a premium at one time, monthly, half-yearly, or yearly as per your needs

• You can choose from a number of benefit options such as Life, Life Plus, Life & Health, and All-in-one. 

• Get tax benefits on paid premium as per the prevailing laws of Income Tax Act, 1961. 

Note: Know what is term insurancefirst and then buy a term plan for your loved ones.

Benefits of ICICI All in one Term Plan 

1. Critical Illness Cover

   • It is a comprehensive plan that covers various critical and life-threatening illnesses which are mentioned in the policy documents such as chronic lung diseases, heart diseases, cancer, and other illnesses. Along with the life cover, it protects against 34 critical illnesses (optional). 

   • In order to receive the right treatment, one requires instant cash from the time one is diagnosed. This is the main benefit of this plan in that it gives an upfront amount on diagnosis without any medical bills. 

   • The claim amount helps cover expenditures incurred from pre- to post-hospitalization. 

2. COVID-19 Life Claims 

   • The plan provides the life assurance of life claim settlement and gives peace of mind to your loved ones. 

   • A hassle-free and quick unit of claim settlement 

   • Minimal use of documents to ensure the families get the needed support with no difficulties. 

3. Reliability 

   • Over the last decades, millions of individuals have trusted the insurer for their families. 

   • It is one of the largest insurers in India because of its customer-centricity 

   Note: It is suggested to calculate the term plan premium on the term insurance calculator online tool by Policybazaar before buying.

Riders 

Riders are the additional benefits that provide much-required safety to face unfortunate times. They are add-ons that can be purchased over a base plan by paying a minimal premium. Accidental Death benefit rider provides the higher payout in case of policyholder’s death due to an accident. 

Claims Process of ICICI All in one Term Plan 

No sum will compensate the loss of a family member but they promise that your family will get the hassle-free claim. The ICICI All in one Term Plan’s claim settlement process is quick and convenient. You can claim using four documents. 

1. Provides life claims within a day 

   • The policy mainly covers all types of death benefits involving murder, illness, natural causes, accident, and death because of natural calamities, suicide, and more. 

   • The plan also offers the family an option to receive the amount of claim either as a lump sum/ monthly income or as a combination of both modes. 

   • The request of claim can be raised via ICICI’s website, helpline, mobile app, branch, or email. 

2. Simple and Instant Service 

   • 24X7 servicing via the website, mobile app, chatbot, WhatsApp, and more 

   • Claim assistance is given 24X7

   • Quick issuance of policy 

   • Telemedical facility or medicals at home

3. Documents for Claim Settlement 

   • Statement of claimant/ form of claim intimation 

   • Copy of death certificate 

   • Copy of photo ID of a claimant 

   • Address proof 

   • Cancelled cheque 

   Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer