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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
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The reason for taking the life insurance policy with ICICI PRUDENTIAL is because of good service so i have taken this policy and using for 6-7 years and the maturity period for this policy is for 15 years also the premium i pay for yearly once through online.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 22, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      My super classic policy is taken with ICICI prudential. I'm not much sure about the policy benefits and features. Its giving 10 times insurance covered. I used to make the premium amount of Rs. 50000 yearly. I will make the premium through online. Total tenure period of the policy is 10 years and which is having 5 years lockin period. After the policy is matured i can able to withdraw the money.
      Was this review helpful? 0
      , allahabad
      Reviewed on Sep 17, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      I'm connect with ICICI prudential for past 10 years. I have purchased my pension policy in the year 2013. I used to pay the premium amount of Rs. 30000 yearly. I will get a benefit of R. 2 lakhs and it will get 2 times of the premium. I have to pay upto 7 years there after i have to leave the policy for 10 years.
      Was this review helpful? 0
      , allahabad
      Reviewed on Sep 17, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      In the month of September my policy is going to matured and i will come to know about the services. In 2009, i have purchased this ICICI. I used to make the payment of 20000. I am not much aware of the plans and benefits. Total tenure period of the policy 20 years.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Sep 12, 2018
    • ICICI Prudential Life Insurance
      "Good settlement policy"
      0.5 3.5/5 "Pretty good"
      I have chosen my term insurance policy in ICICI Prudential I will get a sum assured amount of 1 Crore. I used to make the payment of Rs. 14000 as premium amount. Accidental coverage, medical claim also included in this policy. I have to pay the premium for next 30 years. Its a tax benefitable policy.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 12, 2018
    • ICICI Prudential Life Insurance
      "Good reputable policy"
      0.5 5.0/5 "Blown Away!"
      I have taken my term insurance policy with ICICI Prudential. The customer care people in ICICI is very much helpful. It is easy to make the payment. I have purchased the policy in April. I have chosen the sum assured amount of Rs. 1 Crore. Every month I'm paying the amount of Rs. 630. I used to make the payment through ICICI net banking.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 09, 2018
    • ICICI Prudential Life Insurance
      "BETTER POLICY"
      0.5 5.0/5 "Blown Away!"
      I have purchased the life insurance policy with ICICI PRUDENTIAL using since last 5-6 years and i have used it previously but now i have closed this policy. Maturity period of this policy is for short term policy but i have not taken any claim with this policy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 08, 2018
    • ICICI Prudential Life Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      I have purchased the life insurance policy with ICICI PRUDIENTIAL since last 4 months and also the tenuity period of this policy is for 20 years which also gives the life coverage after the maturity period. Premium i pay for this policy on monthly basis.
      Was this review helpful? 0
      , jalandhar
      Reviewed on Sep 08, 2018
    • ICICI Prudential Life Insurance
      "Policy is good and ICICI service has to improve"
      0.5 1.0/5 "Really Bad"
      I have purchased the term insurance policy. I have not availed the medical check up. I could not able to claim the policy if i didn't claim. I have contacted the customer care service regarding the medical test. They have told me that they will arrange call back. I have not received any call so far. I'm not satisfied with the service.
      Was this review helpful? 0
      , jaipur
      Reviewed on Sep 04, 2018
    • ICICI Prudential Life Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      I am using the life insurance policy with ICICI PRUDENTIAL since last 3 years where they have provided the maturity period of 10-15 years and i pay the premium for 5 years. The premium i pay 5k through ecs and latter it covers the life.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 04, 2018
    • ICICI Prudential Life Insurance
      "BETTER POLICY"
      0.5 4.0/5 "Great!"
      There is no particular reason behind taking the life insurance policy with ICICI PRUDENTIAL where they have provided me the tenuity period of 35 years added on that the premium 500 rupees i pay through online for monthly once. I am not sure it covers the accidental coverage.
      Was this review helpful? 0
      , palakkad
      Reviewed on Sep 03, 2018
    • ICICI Prudential Life Insurance
      "BETTER POLICY"
      0.5 5.0/5 "Blown Away!"
      There is no particular reason behind taking the life insurance policy with the ICICI PRUDENTIAL but the premium i pay 703 rupees through online on monthly basis. The tenuity period of this policy is for 18 years also it covers the accidental benefits.
      Was this review helpful? 0
      , nasik
      Reviewed on Sep 03, 2018
    • ICICI Prudential Life Insurance
      "Good policy"
      0.5 3.5/5 "Pretty good"
      I have recently purchased this policy. I used to make the payment through online. I have to avail the ECS for my payment. Once, i have called the customer care service for the same but they asked me to pay the branch. I used to get a reminders regarding the payment every month. I have not faced any problems after purchased of the policy. Other features are smooth regarding status of the policy, payment.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 02, 2018
    • ICICI Prudential Life Insurance
      "Awesome policy"
      0.5 5.0/5 "Blown Away!"
      I have taken my term insurance policy with ICICI Prudential. I used to pay the premium by cash and cards. Because therer are many payment options are there. Since i'm a existing customer care of ICICI, i have chosen this company. At the low cost they are providing more claim amount. They are giving medical coverage also along with the term insurance.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 02, 2018
    • ICICI Prudential Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I have taken the ICICI PRUDENTIAL as a life insurance and i am using it from last 10 years the name of the policy is PENSION PLAN where they have given the tenuity period of 30 yrs and the premium i am paying it on yearly basis also it covers for the self.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 01, 2018
    • ICICI Prudential Life Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      I have purchased the TERM POLICY with ICICI PRUDENTIAL because i am the customer of ICICI for long years. The tenuity period of the insurance policy is till my 75 years also the premium i pay monthly basis added on that it covers the self......
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 01, 2018
    • ICICI Prudential Life Insurance
      "EXCELLENT"
      0.5 4.5/5 "Excellent!"
      I have purchased the life insurance policy with ICICI PRUDENTIAL because it is the best policy when compared to the others added on that i provides with the partial critical illness covers along with the life insurance policy. The maturity period is for 40 years approximately.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 01, 2018
    • ICICI Prudential Life Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      The reason for the life insurance policy from ICICI PRUDENTIAL it is good when compared to the other policies. The tenuity period of this policy is 30 years and also the premium i pay 735 rupees on monthly basis through credit card. It covers the medical illness and the accidental benefits.
      Was this review helpful? 0
      , salem
      Reviewed on Sep 01, 2018
    • ICICI Prudential Life Insurance
      "Excellent policy"
      0.5 5.0/5 "Blown Away!"
      I had taken this insurance policy 5 months back. The sum assured with them had been good and the premium i pay every month is around 1300 and i had been making the payments online. It has been a hassle free experience with them. I have been a ICICI customer for a long time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 31, 2018
    • ICICI Prudential Life Insurance
      "Good pension plan"
      0.5 4.0/5 "Great!"
      I've a life insurance policy with the ICICI Prudential. I am paying a premium of 1250 per month. The service is really good. I have taken the pension policy 10 years back. Upto age of 50 i have to pay the premium. I will get a pension amount of Rs. 3000 every month after the tenure period.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 31, 2018
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