ICICI Prudential · Term · Pure Term
iProtect Super
A term life plan aimed particularly at self-employed and business owners, with high sum assured bands, a terminal illness benefit, and options to pause premiums or exit with your money back.
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 term life plan aimed particularly at self-employed and business owners, with high sum assured bands, a terminal illness benefit, and options to pause premiums or exit with your money back.
You might need this if…
- You might need this if you're a business owner looking for straightforward, high-value life cover to protect dependents or business continuity.
- You might need this if you want protection that also pays out on a terminal illness diagnosis, not just death.
- You might need this if you might face a temporary cash-flow gap and want the option to defer a premium without losing cover.
- You might need this if you'd like the flexibility to exit later with your premiums refunded, once cover is no longer needed.
How it actually works
- Death benefit is the highest of 105% of total premiums paid, 7x annualized premium, or the sum assured.
- A Terminal Illness Benefit accelerates payment of the death benefit if diagnosed with a terminal condition.
- Entry age 18-55 (18-45 for POS/online-sold policies); policy term from 5 years up to age 85 (up to 65 for POS); sum assured band roughly ₹50 lakh to ₹2 crore.
- Premium options: Limited Pay (5/7/10/15 years) or Regular Pay matching the full term; monthly payment carries a 5% loading.
- A Premium Break lets you skip up to 12 months of premiums after 5 policy years, under conditions; a 7% loyalty discount applies for existing customers, and women get 15% off.
- The Smart Exit Benefit after 25 years refunds total premiums paid; death benefit can also be taken as installments over 5 years instead of a lump sum.
Worked example
A 35-year-old male buying ₹1 crore cover for a 40-year term with a 10-year premium payment period pays about ₹52,989/year, totalling roughly ₹5,29,890 over 10 years, for a death benefit of ₹1 crore if death occurs during the term.
Worth knowing before you decide
- Sum assured is capped in the ₹50 lakh-₹2 crore range — those wanting larger cover would need to look elsewhere or combine policies.
- POS-sold (simplified) policies carry a 90-day waiting period during which only accidental death is covered.
- Suicide within 12 months of start/revival limits payout to the higher of 80% of premiums paid or cancellation value, not the full sum assured.
- The Smart Exit Benefit requires a 25-year hold and refunds only premiums paid, with no investment growth.
Official source
⌟ Official product brochure
Learn about this category
Read the full term insurance explainer → · See all protection products →