Signature 3D Term Plan vs iProtect Smart Plus

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Regular Premium: 10 to 62 years; Limited Premium: 15 to 62 years; Whole Life with Limited Premium (3D - Pure Term): 34 to 81 years; 3D - TROP Regular: 15 to 62 years

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No Limit subject to Board Approved Underwriting Policy (POSP: Rs 25 Lakh)

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Life, Life Plus, Life Rebalancing

Regular Premium (10 to 62 years); Limited Premium 10, 15, 20, 25, 30 years (TROP: 15, 20, 25, 30); Whole Life with Limited Premium: minimum (70 minus Entry Age, 30 years), 10, 15 (5 years only for entry age 65)

Single pay, Regular pay, Limited pay (exact limited-pay terms not reliably extracted); modes single, yearly, half-yearly, monthly

Yes

No

Lumpsum (3D - Pure Term, Accelerated, TROP); Lumpsum plus Regular Monthly Payouts for 10 years (3D - Family Plus)

Lump sum; Income (10% of death benefit a year for 10 years, paid monthly); Lump sum plus income; Increasing income (monthly income for 10 years rising 10% p.a. simple). Life Rebalancing: lump sum only

Aviva Accidental Casualty Non-Linked Rider (UIN: 122B035V01), Aviva New Critical Illness Non-Linked Rider (UIN: 122B036V02), Aviva Cancer Cardio Non-Linked Rider (UIN: 122B037V02)

ICICI Pru Non-linked Health Protect Rider (critical illness)

Yes

Yes

Waiver of Premiums in case of Critical / Terminal Illness: applicable with Aviva New Critical Illness Rider and 3D - Accelerated option

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Male, age 30, 3D - Pure Term option, Sum Assured Rs 1 Cr, Policy Term 30 years, annual premium rate. Smoker status, premium payment term and tax treatment not stated.

Product page table: healthy, non-smoker, salaried male, age 30, life cover Rs 1 crore, policy term 35 years, regular pay, lumpsum payout option, annual premium: Rs 11,342 first year, Rs 12,962 from 2nd year onwards. 'Taxes (if any) will be charged extra, as per applicable rates' (GST excluded). Variant not named in the table. NOTE: 35-year term (cover to 65), not 30 years; no 30-year figure published.

FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)

FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)