ICICI Prudential · Term · Pure Term
iProtect Care
A straightforward term life plan with two variants — one renewable at the end of the term, and one where cover automatically steps up over time to keep pace with growing responsibilities.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeProtection
CategoryPure Term
InsurerICICI Prudential
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureNot applicable — non-linked
LiquidityNot available in the current product data
Lock-inNot available in the current product data
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A straightforward term life plan with two variants — one renewable at the end of the term, and one where cover automatically steps up over time to keep pace with growing responsibilities.
You might need this if…
- You might need this if you want simple, no-frills term cover without add-ons to think about.
- You might need this if your responsibilities are likely to grow (young family, rising debts) and you want cover that increases automatically rather than manually topping up later.
- You might need this if you'd like the option to renew coverage after the initial term ends, without new medical underwriting complications.
- You might need this if you want protection against a terminal illness diagnosis, not just death.
How it actually works
- Life Variant: standard death benefit (highest of 7x annualized premium, 105% of premiums paid, or sum assured) with a renewability option to extend coverage.
- Enhanced Protection Variant: same death benefit formula, but sum assured automatically increases 20% every 5 years, capped at 200% of the original amount; no renewability.
- Entry age 18 up to 65/85 (Life) or 45/65 (Enhanced Protection) minus age at entry; minimum sum assured ₹50 lakh.
- Death benefit can be taken as a lump sum or a rising 10-year income (starting at 10% annually, increasing 3.5% each year, totalling ~115.75% of the death benefit).
- An accelerated ₹3 lakh payout is released within one working day of claim intimation for sum assured ≥₹1 crore, after 3 policy years.
- Terminal Illness Benefit pays the full death benefit early on diagnosis (confirmed by two independent doctors); no loan facility is available.
Worked example
A 32-year-old buying ₹2 crore cover for 30 years pays about ₹21,483/year. Under Enhanced Protection, the sum assured rises to about ₹2.4 crore (years 6-10) with premium rising to roughly ₹28,786, then ₹2.8 crore (years 11-15) with premium around ₹37,771.
Worth knowing before you decide
- There is no maturity, survival, or surrender benefit — this is pure protection, and the Enhanced Protection variant has no loan facility either.
- Enhanced Protection's automatic increases stop at 200% of original cover or age 50, whichever comes first.
- The Terminal Illness Benefit doesn't apply to any extended/renewed term.
- Suicide within 12 months limits payout to the higher of 80% of premiums paid or cancellation value.
Official source
⌟ Official product brochure
Learn about this category
Read the full term insurance explainer → · See all protection products →