Insurance Plans for your Home Loan

Introducing exclusive Home Insurance plans, that can provide cover to your Home loan in the face of any unforeseen event happening to your life. In case of any of these happenings, your family will have the support of the insurance cover to pay for the outstanding Home loan, without being burdened by the loan EMI's.

ICICI Bank Home Loans presents “HomeSafePlus“ & “HomeAssure/HealthAssure“ two exclusive and innovative insurance plans to insure your Home Loan.

HomeSafePlus*

Key Benefits of HomeSafePlus

• No medical checkup
• Comprehensive insurance plan for individual, home and its contents
• Single premium long-term insurance plan
• Premium paid for the Critical Illness cover is eligible for tax benefits u/s 80D of the Income Tax Act
• Sum Insured remains constant throughout the policy period (loan O/S amount to come to bank, rest goes to individual)
• Multiple applicants can be covered under the same loan
• Simple application form

HomeAssure/HealthAssure#

Key Benefits of HomeAssure/HealthAssure

• Life Cover from HomeAssure for the entire home loan tenure
• Critical Illness cover from life threatening illnesses like cancer, coronary artery bypass, heart attack, kidney failure, stroke, major organ transplant
• Special non-medical limits only for ICICI Bank Home Loans customers
• Dual benefit to customers, Life Cover from HomeAssure and Critical Illness Cover from HealthAssure
• Dual tax benefits, Section 80C benefits under HomeAssure, Section 80D benefits under HealthAssure
• Simplified claim procedure