ICICI Prudential Life offers 15 per cent lifetime discount for women and an additional 15 per cent discount for salaried women on its term plan — iProtect SmartOption to choose cover against 34 critical illnesses including breast, ovarian, uterine and cervical cancers.
The company endeavours to make life insurance more affordable for women.
Additionally, salaried women will be eligible for an extra 15 per cent discount on the first year's premium, empowering them to provide financial security to themselves and their loved ones.
iProtect Smart combined with the critical illness benefit, provides cover against 34 critical illnesses including ailments such as breast, ovarian, uterine and cervical cancers.
This combination offers benefits of both health and life insurance. Importantly, the critical illness cover amount is paid out on diagnosis, providing the requisite financial resources for seeking immediate medical treatment, without disrupting the family’s savings.
As per The Lancet estimates, the incidence of cancer diagnosed in the under 50 years adult age group had a higher ratio of women.
A single hospitalisation can cost upwards of `1 lakh in an urban private hospital, hence, it is essential for women to plan availability of financial resources to treat such critical ailments.
