How is ICICI Prudential term insurance? Worth it or should I look elsewhere?

Insurance
1

So I’ve been shopping around for term insurance and ICICI Prudential keeps coming up in my research. Their iProtect Smart plan seems decent on paper, but you know how it is - marketing materials always make everything sound amazing.

How’s their claim settlement process? Any horror stories I should know about? Customer service decent or typical bank-level frustrating?
Also saw they have some riders like critical illness and accidental death - are these worth adding or just money grabbers?

2

I’ve had ICICI Pru iProtect Smart for about 4 years now, so I can give you a pretty honest take on this.

icici term insurance
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Comparison - I did check Max Life and HDFC. Max was slightly cheaper but their claim ratio isn’t as good. HDFC was more expensive for similar coverage.

One tip: Apply soon if you’re deciding. They recently tightened their underwriting for IT professionals (apparently we’re high-stress category now :roll_eyes:).