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ICICI Term Insurance Claim Settlement

152 reviews Rate This
Highlights
Claim Settlement Ratio97.90%
Customer Care10:00 AM to 7:00 PM
Death Benefit Paid For11,212 Policies
Inception2001
Presence514 Branches
Total Death Benefit Paid1,023.64 Crore

Term Life Insurance Premium Calculator

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best ICICI Term Insurance Plans

1 Crore
2 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.7%
Starting From 688/Month
Key Features:
  • Right Green Tick Revised Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Cover Continuance Benefit
  • Right Green Tick Insta-Payment on Claim Intimation
  • Right Green Tick Nominee's Choice payout
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.2%
Starting From 730/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.4%
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans

Claim Settlement of ICICI Term Insurance

ICICI Prudential Term insurance plans come with an easy and quick claim settlement process. The insurance company allows you to settle a claim both through online mode as well as offline mode. ICICI Prudential Life Insurance featured an impressive claim settlement ratio of 97.90% in FY 2020-21.

  • How To Make Claim

    How To Make ICICI Prudential Term Insurance Claim - Online?

    You can follow the below mentioned easy steps to make ICICI Prudential Term Insurance Claim:

    Step 1: Insurance Claim Reporting

    The first step is to report your claim. You can report your claim by visiting the claim section of the ICICI Prudential Term Insurance website or you can visit the nearest ICICI Prudential Term Insurance branch. 

    Step 2:  Insurance Claim Review

    After lodging a claim, the customer service team of ICICI Prudential Insurance will scrutinize your claim details and help you at every step of the way. Then their team will assess your claim and inform you if any documents are pending.

    Step 3: Insurance Claim Settlement

    Once your claim is intimated and the insurer receives all the relevant documents, then your claim will be settled. ICICI Prudential Term Life Insurance mostly uses electronic modes of transfer for settling your claim in order to reduce the documentation process and it also offers their customers hassle-free services. The claim amount can be paid by the policyholder through the cheque also.

    How To Make ICICI Prudential Term Insurance Claim - Offline?

    The claim settlement process of ICICI Prudential Term Insurance can be reported by visiting the nearest ICICI Prudential Term Insurance Branch Office or by sending an email at claimsupport@iciciprulife.com or SMS at ICLAIM<Space> Policy Number to 56767.

  • Documents Required

    Documents Required To Make ICICI Prudential Term insurance  Claim 

    The following documents are required at the time of settling a term insurance claim with ICICI Prudential Life Insurance:

    • Claimant Statement Form
    • Photo of the nominee, ID proof like Aadhar Card, PAN Card, passport, etc.
    • Death certificate (death claims)
    • Medical/Hospitalization Documents for certifying the diagnosis.

User Reviews

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What users are saying
  • All
  • Commendable Spirit

    I highly recommend InsuranceDekho for life insurance. They helped my husband find the perfect term plan for ICICIPrudential to protect our family. Vikas from the customer team supported us at every step, and we thank them for their patience. 

    P
    ICICI Prudential
    By Pooja Jain
    On: Jun 20, 2024
  • Delightful Experience

    I recently purchased the ICICI Term Insurance plan from InsuranceDekho, and the efficiency of their service truly impressed me. From submitting my application to receiving the policy document, everything was handled with great speed. Highly Recommended!!

    N
    ICICI Prudential
    By Naveen Kumar
    On: Mar 05, 2024
  • A recommended term plan

    In my opinion as well as other customers, the Sampoorna Raksha Supreme is a highly recommended plan. Based on the coverage it offers, this is a must-buy plan

    A
    ICICI Prudential
    By Akshita Bajaj
    On: Mar 01, 2024
  • Great Customer Care Team

    My experience of buying the ICICI Prudential term Insurance plan from InsuranceDekho was amazing. I bought this policy in the comfort of my home Online. Thanks to everyone who helped me in the process. I would recommend this amazing insurance company to everyone.

    P
    ICICI Prudential
    By Paras Chauhan
    On: Feb 01, 2024
  • Great Company

    I am thankful to Insurancedekho company for suggesting ICICI Prudential Term Insurance. I claimed my insurance policy, for which the claim was settled very easily and quickly. The customer service was very helpful throughout the process. They made sure that my claim was settled smoothly and quickly. Great experience! 

    S
    ICICI Prudential
    By Sandeep Rawal
    On: Dec 06, 2023
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

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ICICI Term Insurance Contact Details

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Claim Process at ICICI Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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