Product Specification-icare-ii-plan

Details About Premium Annual premium in Rupees for a policy tern of 25 years Policy Details Grace Period: 15 days grace period is allowed for payment of premium in monthly mode and 30 days in other modes Policy Termination or Surrender Benefit: there is no option of surrendering the plan under the regular pay option but under the single pay option, the plan acquires Surrender Value which is expressed as a % of the Single Premium paid Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. Exclusions In case of suicide committed within 12 months of policy inception the premium paid is refunded. In case of suicide within 12 months after revival only 80% of premiums paid are returned to the nominee. For the rider, accidents due to infection, drug abuse, self-inflicted injury, war or civil commotion, criminal acts, aviation, etc. are excluded