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  • ICICI Pru Heart/Cancer Protect Plan

    Life Insurance
    • Premiums as low as Rs.17/day for sum assured of Rs.1 crore*
    • Claim up to Rs. 1,50,000 deduction under section 80C**
    • Choose between annual and monthly premium payment options

    India is home to one of the largest population of cancer patients in the world, with the National Institute of Cancer Prevention and Research (NICPR) estimating the number of cancer patients in India to be around 2.5 million. The country sees over 5 lakh cancer-related deaths every year, with this number increasing. In addition to cancer, India is also home to a huge number of people with heart ailments, with almost each of us knowing someone suffering from heart conditions.

    These numbers make it extremely important for us to protect our life and health, and while cancer/heart ailments cannot be completely eliminated from our lives, we can work towards steps to reduce the impact these killers can have on our family. The average cost of treating cancer/heart diseases can run in lakhs, making treatment for these highly expensive. ICICI Pru Heart/Cancer Protect Plan is designed to reduce some of this burden, with the plan offering financial protection against these ailments.

    Eligibility - Who is the ICICI Pru Heart/Cancer Protect Plan for?

    ICICI Pru’s Heart/Cancer Protect Plan can be purchased by anyone looking to protect themselves from the financial costs of treating cancer/heart related diseases. Listed below are the eligibility criteria one needs to satisfy in order to purchase this plan:

    Minimum entry age 18 years
    Maximum entry age 65 years
    Maximum maturity age 70 years

    Sum Assured and Premium Range – What you get and what it costs?

    Treating cancer is expensive, with chemotherapy and scans required at regular intervals. A typical chemotherapy cycle can cost anywhere between Rs.50,000 and Rs.2 lakh, with the total cost of treatment going up to around Rs.30 lakh in certain cases. Treatment for heart ailments are also expensive, with it likely to leave a huge hole in the bank account of a patient.

    Minimum sum assured* Rs.2 lakh (for heart or cancer cover) Rs.4 lakh (for heart plus cancer cover)
    Maximum sum assured* Rs.25 lakh for heart cover Rs.50 lakh for cancer cover Rs.75 lakh for heart plus cancer cover
    Policy period Minimum: 5 years Maximum: 40 years
    Premium payment mode
    • Monthly
    • Half-yearly
    • Yearly
    • Single
    Premium** Based on the sum assured chosen

    **Premiums vary based on age, location, plan term and other factors.

    *It is possible for the cover to increase, based on the type of plan chosen.

    Plan Coverage – What the ICICI Pru Heart/Cancer Protect Plan covers?

    ICICI Pru Heart/Cancer Protect Plan is designed to provide financial assistance to meet any expenditure arising out of diagnosis with cancer/heart ailments. The table below highlights the different benefits provided under this plan.

    Type of benefit Features of the benefit
    Lumpsum payout The policyholder is paid a lumpsum amount if he/she is diagnosed with any illness covered under the plan. If it is a minor condition, 25% of the sum assured is paid, whereas a serious condition warrants payment of the full sum assured.
    Increasing Cover Benefit The sum assured increases by 10% each year. This amount is added to the sum assured until the time of first claim, subject to the increased sum assured being less than twice the initial sum assured.
    Hospital Benefit The plan provides a sum of Rs.5,000 per day if a policyholder is hospitalised on account of an ailment covered under the plan.
    Income Benefit The policyholder receives 1% of the initial sum assured for 60 months. The amount is paid monthly for 5 years.

    Note that there is no death benefit provided under this policy. The amount is paid only if the policyholder is diagnosed with cancer or a heart ailment.

    Exclusion - What the ICICI Pru Heart/Cancer Protect Plan doesn’t cover?

    Some of the exclusions of this policy are highlighted below:

    • Any condition which is not mentioned in the plan.
    • Pre-existing conditions are not covered under this scheme. This includes any existing heart ailment, pre-cancerous diagnosis, etc.
    • Self-inflicted injuries/damage to self under the influence of any intoxicant/in a sane mind are not covered.
    • Any illness arising out of radioactive contamination.
    • Conditions related to congenital issues.
    • Any illness/ailment arising out of dangerous activities.
    • The hospital benefit does not cover any expense related to organ transplant.
    • No hospital benefit is provided if one undergoes alternate treatments like Ayurveda, homeopathy, unani, etc.

    Other Key Features – Free-look period, grace period, etc.

    Free-look period A policyholder can choose to return the policy if he/she disagrees with the terms and conditions. This can be done within 30 days of purchase (if policy was purchased through distance marketing). Policies purchased through other means have a 15 day free-look period.
    Discounts on premium The plan offers the following discounts:
    • 5% for existing customers
    • 5% for combined cover (with spouse)
    • 2% if policy is purchased online
    • 2% if one opts for heart plus cancer cover
    Grace period
    • 15 days for monthly premium payment
    • 30 days for other premium payment modes
    Policy revival Lapsed policies can be revived only if all premiums are paid within 2 years of first unpaid due. This is subject to the rules followed by the company.
    Nominee A policyholder can appoint a nominee as per existing rules.
    Assignment Applicable, as per Section 38 of the Insurance Act of 1938.
    Survival period 7 days for heart ailments

    Tax Benefits – How you can save with the ICICI Pru Heart/Cancer Protect Plan?

    Policyholders are entitled to tax benefits under Section 80D of the Income Tax Act. Under this section, one can save Rs.25,000 on premiums paid towards their scheme.

    Other Benefits – How you can save with the ICICI Pru Heart/Cancer Protect Plan?

    Some of the other benefits of choosing this plan are highlighted below:

    • Online – One can purchase this plan online, with an additional 2% discount offered on premium.
    • Choice of hospital – One can choose a hospital of their choice. The plan has no restrictions, ensuring that a policyholder can get treated at the hospital he/she likes.
    • Waiver of premium – Future premiums are waived if a policyholder is diagnosed with a minor condition or permanent disability.
    • Multiple payment modes – One can pay the premiums either through credit cards, debit cards, online wallets, or netbanking.

    Why should you buy the ICICI Pru Heart/Cancer Protect Plan?

    ICICI Pru is one of the largest private insurers in the country, offering a number of products to customers. The brand is known for its attention to detail, helping one customise a plan based on their needs. It had a high claim settlement ratio of 96.20% as of 2015-2016, with the grievances solved ratio being 99.87%. Given these numbers, a policyholder can be rest assured that he/she will receive the protection offered under the ICICI Pru Heart/Cancer Protect Plan.

    With the cost of treating heart related ailments increasing, it is important to have a plan to combat them. This scheme is ideal for people who wish to protect themselves against expensive medical bills. Purchasing this plan can ensure that one doesn’t go bankrupt in order to treat cancer/heart diseases.  

    ICICI Pru Heart/Cancer Protect Plan Reviews

    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      ICICI PRUDENTIAL is the insurance provider that from where i am holding my life insurance and i am happy by using the life insurance from the icici. The documentation done through the on line which is very easy process. It is a long term policy.
      Was this review helpful? 0
      , patna
      Reviewed on Jul 14, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have been using since last 6 months. Documentation done simple and it is easy way to do the documents. Tenuity period is for 45 years and at the end i would be getting the 75 lakhs and above as a sum amount. The premium that i am paying for the 6 months once.
      Was this review helpful? 0
      , ramanathapuram
      Reviewed on Jul 10, 2018
    • ICICI Prudential Life Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My life insurance was taken with ICICI puritanical. I preferred this since they maintain their standard and the band value. Here premium is very less when compared with other Insurance companies . The customer service was not good since i didn't get any calls from them . I get tax benefit and premium paid on monthly basis.
      Was this review helpful? 0
      , ariyalur
      Reviewed on Jul 10, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      As i am using my health insurance since last 3 years i am satisfied with the insurance. The premium for my insurance i pay it through the on line for yearly once. I had no claiming and also added on that there is no free health checkup in my insurance. There is a disease coverage in my policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 07, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I am holding the life insurance from the ICICI the last 6-8 months. The tenuity period of my insurance is for 30 years it is a long term policy that i am using. Premium i pay for monthly once through the credit card. It is a term insurance that i am using. This is for my family.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 03, 2018
    • ICICI Prudential Life Insurance
      "Life insurance from ICICI"
      0.5 4.0/5 "Great!"
      From ICICI PRUDENTIAL i have taken a life insurance with a premium of 75000.The total maturity period is for 10 years, But we have to pay the premium for 5 years. And after completing the 5 more years i could able to claim the amount with the bonus.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 11, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 4.5/5 "Excellent!"
      It is good experience with the ICICI PRUDENTIAL. I have been using since December 2017. Payment i do through on line for every month. Documentation through the on line i have done. Major diseases would be covering. Just i have to take a insurance so i took. Critical illness also it covers. If i met with an accident i am unable to pay my premium then i don't want to pay the premium. Tenuity is for 30 years.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 10, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      The premium with ICICI prudential for life insurance is 5906 which i have to make payment for every month. The total maturity period for this policy is for 15 years. The benefits will be given to the nominee. I suggest they have to give benefit even before the maturity period.
      Was this review helpful? 0
      , mysore
      Reviewed on Jun 09, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 3.5/5 "Pretty good"
      I have been using the life insurance from the ICICI. The documentaion is very good and quite simple and apart from that the plan benefit and also the policy coverage is also very good. It is short term policy that i have taken and when it comes to the payment i do through the salary for yearly once.The tenuity is for 10 years. I have no yet contacted the customer executives.
      Was this review helpful? 0
      , cuddalore
      Reviewed on Jun 03, 2018
    • ICICI Prudential Life Insurance
      "AVERAGE"
      0.5 1.0/5 "Really Bad"
      My overall experience is good. I have not yet received the bond. I have been using since 6-7 months. Payment i do through the on line. I have contacted the customer service i am not okay with the service. Plan benefit i have no idea because i have not yet received the bond. I have applied through the on line and i have been paying 500 per month. Policy coverage i have no idea. 33 years tenuity i has in my insurance.
      Was this review helpful? 0
      , villupuram
      Reviewed on May 31, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      It is good and using since 4-5 months. Documentation is i did through the on line. Coverage is for 50lakhs and no idea regarding the proper details. Payment i do through the credit card and i have done monthly once. I have not yet paid for this month so it has bounced. I have not yet contacted the customer service. Benefit is good
      Was this review helpful? 0
      , narsinghpur
      Reviewed on May 30, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      Its a very good experience. Documentation is good and done through on line. Customer service i have contacted regarding the bond and i have not got so far. They are not responding properly. Tenuity is no idea. And using since 4 months and the payment i do through the on line for monthly. Policy coverage no idea plan benefit is that i would be getting many hospital options.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 28, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      My experience with the insurance is good. Documentation i did it through the paperless. Plan benefit is good and so that my family gets benefited. Policy coverage is for 30 years payment i do 560 for every month through the on line. I am getting the message from the icici instead of that call from customer executive if i get a call from them it would be better to pay my premium.
      Was this review helpful? 0
      , bhimavaram
      Reviewed on May 28, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      Life experience is good. I using the insurance from last 4 months. Payment i do through on line for monthly once. I have contacted the customer service and it is good. Plan benefit is good but i have not received the hard copy. Policy coverage is good and it is for 25 year.
      Was this review helpful? 0
      , surat
      Reviewed on May 28, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      My experience is good. When it comes to the documentation i have done through the on line. Customer service i have contacted regarding the hard copy and they helped regarding the getting the. Plan benefit is good. It is a long term policy of 30 YEARS policy i have started using 3-4 months. I do payment through on line for monthly.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 28, 2018
    • ICICI Prudential Life Insurance
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      Overall it is good. I have been using since 3-4 months i do payment though the on line. The customer service is good. Plan benefit is good and policy coverage is good and it is for 30 years and also added on that i do payment for my insurance monthly once.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on May 27, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I am using since 17 years. Yearly once i do my payment through the on line. Starting with cheque and then again with the on line. Plan benefit is good and also added on that the policy coverage is also very good i am getting all coverage's in my life insurance. Overall i am happy with my insurance.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 27, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      Over all it is good. I got this insurance in December. Payment i do through the on line for monthly in my insurance. Customer service is good once contacted regarding the hard copy. There is no idea about the plan benefits. Policy coverage is for 32 years. I have taken insurance from this but no any particular reason for taking the insurance.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 24, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      My experience is with the insurance is good. Payment i do on line every month. Customer service i have contacted regarding the bond and they responded very good. No issues till now i have faced. Plan benefit is 50 lakhs is the complete i have to pay for my policy i pay 1213 rupees per month. Policy coverage is for 35 years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 24, 2018
    • ICICI Prudential Life Insurance
      "Best Policy"
      0.5 5.0/5 "Blown Away!"
      I used to pay Rs. 704 per month i have to make the payment of 22 years. I took the policy 3 months before. They will provide 50 lakhs as a sum assured amount. I'm not much aware of the benefits and plans. I'm happy about the services they provided to me.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on May 23, 2018
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