Term Insurance Plans

Company Name HDFC Standard Life Life Insurance ICICI Prudential Life
Insurance Corporation's ( LIC's ) Insurance
Product Name HDFC Protection Plan SP LIC's Amulya Jeevan I ICICI Save 'n' Protect

Minimum Entry Age 18 Years 18 Years 0 Years

Maximum Entry Age 60 Years 60 Years 60 Years
Minimum Maturity Age No Limit No Limit 18 Years

Maximum Maturity Age 65 Years 70 Years 70 Years

Minimum Policy Term 5 Years 5 Years 10 Years

Maximum Policy Term 30 Years 35 Years 30 Years
Minimum Sum Assured Rs. 8,00,000 Rs. 25,00,000 Rs. 50,000

Maximum Sum Assured No upper limit No upper limit Rs. 1 Crore

Death Benefit Sum Assured will be paid to Sum Assured Sum Assured will be paid to
the beneficiary the beneficiary
Survival Benefit Not Available Not Applicable Not Applicable
Maturity Benefit Not Available Nil Not Available
Mode of Payments Single Pay Yearly, Half Yearly and Yearly, Half Yearly, Quarterly
Single Pay and Monthly

Riders Critical Illness, Accident Not Applicable Critical Illness and Accident
Benefit and Benefit
Accelerated Sum Assured
Benefit

Surrender Not Available Not Available Available

Tax Benefit Tax benefit is under section Not Applicable Tax benefit is under section
80C, 80D and 10(10D) 80C, 80D and 10(10D)

Loan Facility Not Available Available