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ICICI Prudential Life Insurance has announced a new term insurance policy in association with India’s digital payments app PhonePe. Through this policy, customers will be able to avail insurance facilities at affordable rates. The premium amount starts from Rs 149 per annum. We are telling you the full details of this insurance plan. you can understand the whole plan.

Insurance from 1 lakh to 30 lakh rupees

Under this insurance policy, a person can insure from one lakh rupees to 30 lakh rupees. Customers can avail insurance policies instantly on the PhonePe application without any health check-up. ICICI Prudential Life Insurance said that today many people in India become victims of untimely death. Due to which there is financial turmoil in his family. So customers can keep their family safe by buying this insurance plan.

Like every insurance plan has some conditions, similarly this insurance plan also has some conditions. Any person in the age group of 18 to 65 years earning at least one lakh rupees annually can take this policy. No prior health check-up or paperwork is required to purchase this policy. Customers can also renew their policy through the PhonePe application. Buying this policy is very easy. you don’t need any test

How to Buy Policy from PhonePe Application

  1. For Android and iOS users, click on the ‘My Money’ section of your PhonePe application.
  2. After this click on Insurance.
  3. Now select the Term Life Insurance section.
  4. After this select the amount for which you want to insure.
  5. After providing the details of the insured person and their nominee, online payment has to be made to complete the purchase of the policy.