ICICI save N protect: It is safer to always invest one’s money in an insurance policy where it will be safe useful for future objectives. ICICI Save N Protect is such a reliable plan and you can invest your money in it and recover it to fulfill your family’s requirements.
It also ensures that at a later time in life one can provide the family with the same degree of living, even in one’s absence.
This is a policy which is available at a reasonable price that enables a middle class person to afford to buy this policy and have the benefit of being insured.
The ICICI Save N Protect has the following advantages, You are allowed to opt for the amount of sum assured at the time of maturity. Depending on that, the life cover will be provided for you and your family. You can opt for a sum assured that should not be less than rupees fifty thousand per annum.
Premiums can be paid monthly, half yearly or annually. The premium will depend on the sum assured amount that you have chosen and on your age.
Save N Protect also offers, The death benefit that offers at the time of death during the policy term, your nominee will get not only the sum assured but also the bonuses that have accumulated in your account.
In the same way if you happen to survive up to the time of maturity of policy, you will receive the sum assured as well as the bonuses. This is called as the maturity benefit.
After your premium payment term is over, you can still enjoy life cover under this policy. You can enjoy it for a period of five years after your policy has matured.
There are three riders available in this plan, the Accident and Disability rider, Critical Illness rider, and Accident Benefit rider. You have to pay an additional premium to enjoy the benefit of these riders while opting for them at the time of buying the policy.
This policy is well designed to look after the needs of a person seeking life insurance. You will have no regrets buying this policy and will only stand to gain every step of the way.
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