In the realm of insurance acquisition within the country, it is common for insurance agents to primarily encourage the heads of households to secure coverage. Unfortunately, this often results in women, who represent a significant portion of the population, being overlooked in the insurance process. Recognizing this gap, ICICI Prudential Life Insurance has launched a dedicated life insurance policy aimed specifically at women. This policy addresses critical health issues that affect women and has been developed in collaboration with RGA (Reinsurance Group of America). The product is branded as ICICI Pru Wish.
Key Features of the ICICI Pru Wish Policy
The ICICI Pru Wish Life Insurance Policy is tailored to cover critical illnesses that predominantly impact women, including breast, cervical, and uterine cancers, as well as heart disease. Unlike traditional policies that typically reimburse expenses, this policy offers a lump sum payment of up to 100% of the health coverage immediately upon diagnosis.
Additionally, the policy extends coverage to congenital conditions affecting infants.
The ICICI Pru Wish Life Insurance Policy guarantees premium rates for a duration of 30 years and allows policyholders to take a premium holiday for up to 12 months at any point during the payment period. Furthermore, it encompasses maternal health complications and congenital disorders in newborns.
