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T&C 1: Accidental Death Benefit: For the purpose of Accidental Death Benefit payable on accident the following conditions shall apply: a. Death due to accident should not be caused by the following: i. Attempted suicide or self inflicted injuries while sane or insane, or whilst the Life Assured is under the influence of any narcotic substance or drug or intoxicating liquor; or ii. Engaging in aerial flights (including parachuting and skydiving) other than as a fare paying passenger on a licensed passenger-carrying commercial aircraft (being a multi engined aircraft) operating on a regular scheduled route; or iii. The Life Assured committing any breach of law; or iv. Due to war, whether declared or not or civil commotion; or v. Engaging in hazardous sports or pastimes, e.g. taking part in (or practising for) boxing, caving, climbing, horse racing, jet skiing, martial arts, mountaineering, off piste skiing, pot holing, power boat racing, underwater diving, yacht racing or any race, trial or timed motor sport. b. Death due to accident must be caused by violent, external and visible means. c. The accident shall result in bodily injury or injuries to the Life Assured independently of any other means. Such injury or injuries shall, within 180 days of the occurrence of the accident, directly and independently of any other means cause the death of the Life Assured. In the event of the death of the Life Assured after 180 days of the occurrence of the accident, the Company shall not be liable to pay this benefit. d. The policy must be in-force as at the time of accident. e. The Company shall not be liable to pay this benefit in case the death of the Life Assured occurs after the date of termination of the policy.
T&C 2: Instant life insurance cover: The life insurance cover will commence on the date of acceptance of proposal. After submission of the application form, if it is found that the custmer has existing policies which have not been disclosed and due to which, there is a change in the underwriting decision of the Company, the Company will withdraw the cover subject to Section 45 of the Insurance Act, 1938 and below mentioned clause 2a. 2a.The maximum benefit payable on death, excluding the Accidental Death Benefit under ICICI Pru iCare Option II, in respect of all policies issued on the same Life Assured will be limited to the maximum Sum Assured applicable for this product. The additional Accidental Death Benefit payable under ICICI Pru iCare Option II in respect of all policies issued on the same Life Assured will be limited to Rs. 50 lakhs.
T&C 3:Tax benefits under the policy are subject to conditions under Sec. 80C and Sec 10(10D) of the Income Tax Act, 1961. Service tax and education cess will be charged extra as per applicable rates. Tax laws are subject to amendments from time to time.
T&C 4 : The above mentioned premium rates are for a 30 year health male for a term of 30 years for ICICI Pru iCare option I regular pay and are inclusive of all applicable taxes. The annual premium amount for the above assumption will be Rs. 8,652
Disclaimers:
© 2012, ICICI Prudential Life Insurance Co. Ltd. Registered Address: - ICICI Pru Life Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. Reg No: - 105 Insurance is the subject matter of the solicitation. For more details on the risk factors, term and conditions please read sales brochure carefully before concluding the sale. UIN of the product 105N122V01 Advt. no. W/II/1745/2012-13