Disclaimers for Cancer Cover

#Doctor’s certificate confirming diagnosis needs to be submitted. A lump sum is paid out on diagnosis of any of the listed conditions. This payout is based on the level of the condition. In any case, the total payout in the policy cannot exceed 100% of the Sum Assured of the cover selected. Please refer to the sales brochure to know about the payouts at different level of condition.

#'Existing customer discount of 5% on the first year's premium is available only for policies with Regular Premium Payment Option, it is not applicable for Single pay policies. With one policy, you can avail either Family Benefit or Loyalty Benefit

^100% payout will happen only in case of diagnosis of Major conditions under cancer cover

##Subject to your responses to the medical questionnaire. Policy will be issued post basic document verification if responses to all health questions are standard. Non-medical limits or No Income proofs are applicable on a total sum assured of ` 50 lakh under the Cancer Cover as per the Company’s underwriting policy.

**Subject to realization of payment and documents. Your required details with ICICI Bank will be used after your consent. Policy can be purchased in 3 steps after quote generation: 1. Filling basic details 2. Answering health related questions 3. Premium payment

#A lump sum is paid out on diagnosis of any of the listed conditions. This payout is based on the level of the condition. In any case, the total payout in the policy cannot exceed 100% of the Sum Assured of the cover selected. Please refer to the sales brochure to know about the payouts at different level of condition.

Tax benefits under the policy are subject to conditions under Sec. 80D and Sec 10(10D) of the Income Tax Act, 1961. Applicable taxes will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time.

~'ICICI Pru iProtect Smart has been adjudged "Customer Service Company of the Year” by India Insurance Summit & Awards 2020

~~Tax benefits will apply to the premiums paid and benefits received as per the prevailing tax laws. Tax benefits under the policy are subject to conditions u/s 80D of the Income Tax Act, 1961. Indirect taxes and applicable cesses will be charged extra over the premium amount as per the applicable rates. Tax laws are subject to amendments from time to time.

'Our claim settlement ratio for FY 2018–19 is 98.6%. This is computed basis individual claims settled over total individual claims for the financial year. For details, refer to the Annual Report for FY2018-19 on ICICI Prudential Life Insurance website.

‘’Only doctor’s certificate confirming diagnosis needs to be submitted. The benefit is payable only on the fulfillment of the definition of the diagnosed level of listed condition

⁴ The premium amount has been personalized for you for a cancer cover of ₹20 lakh, inclusive of all taxes (assuming you are a non-smoker) under ICICI Pru Heart/Cancer Protect base plan. If your age (in years) is 18-55, 56-65; then the default policy term (in years) is 20, 5 respectively. You can choose your policy term in the range of 5-40 years.

⁵The Company shall waive all future premiums on a claim of Minor condition under the chosen cover; or on the diagnosis of Permanent Disability (PD)of the Life Assured due to an Accident. This benefit is available only if the policy is in force as on the date of diagnosis of the condition/at the time of accident.

⁷The average TAT for settling a claim is 2.34 days. This is calculated from the last document received to payment disbursal date for non-investigated claims.

Save on premium by buying before your birthday - The savings amount displayed on your personalized premium is equal to the difference in your premium at your current age vs the increased premium after your upcoming birthday. This calculation does not account for time & other factors that may happen during this period.

^~According to "Risk of Cancer Development in India" report published in the National Center for Biotechnology Information, 1 in 8 women and 1 in 10 men in India can expect cancer development of any form, in their lifespan after the age of 35 years. Source:https://pdfs.semanticscholar.org/e60e/2a134c61490664c1dd5a4686b4bc9856e005.pdf

^eRs 20 lakh cancer cover at Rs 156 p.m. - This premium rate is for a 24 year old healthy non-smoker female for a term of 20 years, monthly premium payment frequency and without any additional benefits and is inclusive of all taxes.

^{^^}Rs 20 lakh cancer cover at Rs 99 p.m. - This premium rate is for a 24 year old healthy non-smoker male for a term of 20 years, monthly premium payment frequency and without any additional benefits and is inclusive of all taxes.

^jAccording to India Healthcare Tourism, the average cost of treatment of cancer includes chemotherapy cost per cycle of Rs 63,500 - Rs 1,90,500 and PET Scan cost of Rs 19,050 - Rs 28,575 and according to Medgurus, targeted therapy cost of 5-6 sessions of cancer treatment is approximately Rs 20 lakhs. Source: http://www.medgurus.org/cost-of-Cancer%20-treatment-in-india/

^cThe average time taken for buying ICICI Pru iProtect Smart through ICICI Bank’s platform is under 3 minutes. It does not account for other factors such as technical issues that may happen during this period. 

© 2016, 2016, ICICI Prudential Life Insurance Company Limited. Registered Office Address :- ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Call us on 1-860-266-7766 (10am-7pm, Monday to Saturday, except national holidays and valid only for calls made from India) and on +91-22-6193-0777 (Valid for calls made from outside India) (10am-7pm (IST), Monday to Saturday, except national holidays). Tax benefits under the policy are subject to conditions u/s 80D of the Income Tax Act, 1961. Goods & Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time. ICICI Pru Heart/Cancer Protect: UIN 105N154V02

Advt. No.: W/II/1414/2017-18

ICICI Bank Limited ("ICICI Bank") with Registered Office located at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, 390 007, Gujarat (CIN - L65190GJ1994PLC021012) is a corporate agent (Composite, IRDAI Regn No.: CA 0112 valid till 31/03/2022) of ICICI Prudential Life Insurance Company Limited ("ICICI Prulife").

"The products, services and benefits referred to herein are subject to terms and conditions governing them as specified by ICICI Prulife from time to time. ICICI Bank is acting merely as a corporate agent of ICICI Prulife. Purchase by ICICI Bank’s customer of any insurance products is purely voluntary, and is not linked to availment of any other facility from ICICI Bank. ICICI Bank shall not be liable or responsible for any loss resulting from insurance company's products/ services."

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.
• Public receiving such phone calls are requested to lodge a police complaint.

Free-look Cancellation Period - If you are not satisfied with the policy, you may cancel it by returning the policy document to the ICICI Prudential Life Insurance Company Limited (ICICI Life) within 30 days from the date you received it. On cancellation of the policy during the free look period, ICICI Life will return the premium paid subject to the deduction of: a. Stamp duty paid under the policy, b. Expenses borne by ICICI Life on medical examination, if any and c. Proportionate risk premium for the period of the cover. The policy shall terminate on payment of this amount and all rights, benefits and interests under this policy will stand extinguished.