The first time you sign a lease, a loan form, or a policy in your own name, something changes. It’s proof that you, as a working woman, can make your own financial decisions. But true financial independence also means securing the future of those who depend on you. While market-linked products may help to grow your wealth, a term plan acts as a dedicated shield to protect your family if you are no longer around.More women are earning and investing than ever, but protection typically gets built last. While other investments show visible growth, a term plan sits quietly until it’s needed, with no notification reminding you that it matters.That asymmetry explains the gap, not carelessness. ICICI Pru iProtect Smart Plus is built for exactly that overlooked half of the plan. It doesn’t grow your money; it guarantees that if something happens to you, your family isn’t rebuilding its finances while grieving.What ICICI Pru iProtect Smart Plus Covers?The plan is built around protection that goes beyond a simple payout on death. It includes a Terminal Illness Benefit⁶, an optional Accidental Death Cover³, and an optional Critical Illness Cover across 60 illnesses². A 12-month Premium Break⁴ can be used more than once through the policy term, at no extra cost, if things get tight financially. For a working woman, that means a career break doesn’t have to mean losing her cover too. There’s also a 100% Premium Refund Option° built into the plan, and Health and Well-being Services(V) worth up to ₹92,100 at no additional cost. You can also raise your life cover¹ by up to 300% at key life stages(L) like marriage, the birth of a child, or taking a home loan.How Does the Plan Work?Ananya, 25 and in good health, chooses a Term Plan, paying premiums until age 65 for a 40-year policy term.ParameterValueAge25 yearsPlan chosenTerm Insurance Plan Premium₹675 / month^Premium payment termUntil age 65Policy term40 yearsSum Assured₹1 crore (lump-sum payout)If something happens to Ananya during this 40-year term, her family still gets the full ₹1 crore. Their immediate financial needs are taken care of, even without her income.Story continues below this adWhat Is The Cost And Are There Any Discounts For Working WomenAs a woman buying ICICI Pru iProtect Smart Plus, you get a flat 15% discount(F) on your premium compared to what a man pays for identical cover. Salaried customers get up to 15% off in the first year(S), and buying online adds up to another 5% off for the entire premium term’. The plan’s actual position is that independence shouldn’t cost more for a woman than for a man. Claims, Free-Look, And SupportNotably, ICICI Prudential Life settled 99.3% of claims in FY2026*. At the time of claim registration, your nominee will be provided with an immediate Insta Payment of ₹3 lakh⁵, even before the rest of the claim is processed. This accelerated benefit is completed within one working day>. For ease of claim submission, nominee has the option to submit claim documents online or can avail our doorstep document pickup service from comfort of their home.You also get a 30-day free-look period to cancel the policy, no questions asked, if you change your mind after it arrives. Buying itself takes four steps: an online application, payment and documents, a medical check-up, and the policy going live.Story continues below this adTerm insurance like ICICI Pru iProtect Smart Plus policy gives a working woman the financial confidence that her family’s financial independence is secured for exactly as long as she needs it to. There’s no better time than this Independence Day to take that first step.¹⁵⁶³²⁴VLFS’°>T&C Apply : For in depth terms & conditions, kindly click on the below link:https://www.iciciprulife.com/term-insurance-plans/iprotect-smart-term-insurance-calculator.htmlDisclaimer:*As per ICICI Prudential Life Annual Report 2025-26.^The 1st year online of premium is ₹675 p.m. for a 25-year-old healthy salaried female life with monthly mode of payment and premiums paid regularly for policy term of 40 years with lumpsum payout life cover of ₹1 Crore. The premium amounts are exclusive of taxes.ICICI Prudential Life Insurance Co. Ltd. All rights reserved. Registered life insurance company with IRDAI, Regn. No. 105. CIN: L66010MH2000PLC127837. Reg. Off.: ICICI PruLife Towers, 1089 Appasaheb Marathe Marg, Prabhadevi, Mumbai-25. Helpline number – 1800 2660, Timings – 10:00 A.M. to 7:00 P.M, Monday to Saturday (except national holidays). For more details on the risk factors, terms and conditions please read the product brochure carefully before concluding the sale. Product Name: ICICI Pru iProtect Smart Plus UIN: 105N205V06.OTH/II/1037/2026-27DisclaimerStory continues below this adThis content is sponsored and does not reflect the views or opinions of IE Online Media Services Pvt Ltd. No journalist is involved in creating sponsored material and it does not imply any endorsement whatsoever by the editorial team. IE Online Media Services takes no responsibility for the content that appears in sponsored articles and the consequences thereof, directly, indirectly or in any manner. Viewer discretion is advised.