ICICI Prudential iProtect Smart Plus vs Aditya Birla Sun Life Super Term Plan
Side by side on the figures that decide a claim — and which one we would actually pick.
We score ICICI Prudential iProtect Smart Plus higher at 4.3/5 against 4/5, winning 5 of the 6 comparable measures. iProtect Smart Plus is the cheaper of the two on the illustrated profiles.
Side by side
| Measure | ICICI Prudential iProtect Smart Plus | Aditya Birla Sun Life Super Term Plan |
|---|---|---|
| Myinsurancebro Score | 4.3 / 5 | 4 / 5 |
| Claim settlement ratio 3-year average, individual death claims | 99.3% | 98.7% |
| Complaints per 10,000 claims Lower is better — this is how often customers escalate | 8 | 1.33 |
| Solvency ratio IRDAI requires a minimum of 1.5x | 2.1× | 1.82× |
| Annual new business | ₹22,239 Cr | — |
| Cover available | ₹50 L – unlimited (subject to underwriting) | ₹25 L – no maximum limit (subject to underwriting) |
| Entry age | 18–65 yrs | 18–65 yrs |
| Critical illness cover | Rider — 34 illnesses | Built in — 42 illnesses |
| Premium break / holiday | Yes | Yes |
| Life stage cover boost | Yes | Yes |
| Exit with premiums back | Yes | Yes |
| Premium — 30, Male | ₹19,093 | ₹21,767 |
| Premium — 30, Female | ₹16,229 | ₹18,235 |
iProtect Smart Plus
A well-priced plan from a large insurer, and the Smart Exit option is genuinely rare. Where it slips is servicing — 8 complaints per 10,000 claims is roughly eight times HDFC Life. That will not matter for most people, but it is the one number we would want you to see before choosing this over the top two. Good pick if price is the deciding factor and you want a household-name insurer.
Against it
- 8 complaints per 10,000 claims — the highest of the five by some margin
- Critical illness rider covers 34 conditions against 60–64 elsewhere
- Feature depth is thinner than Axis Max or HDFC Life
- Settlement ratio of 99.30% is good but trails the top two
Super Term Plan
The built-in critical illness cover is the whole argument for this plan, and it is a good one — bundling 42 conditions into the base premium usually beats buying a rider separately. The counterweight is that Aditya Birla Sun Life has the weakest insurer metrics of the five. If you want term and critical illness in a single policy and are comfortable with a 98.70% settlement ratio, this makes sense. If you would rather maximise claim certainty, take Axis Max Life and buy the rider.
Against it
- At 98.70%, the lowest settlement ratio of the five
- Solvency of 1.82x is the thinnest here, though still above the 1.5x minimum
- The critical illness payout is capped at 50% of cover or ₹50 lakh, whichever is lower
- Smaller distribution footprint in some states
Which one we would pick
ICICI Prudential iProtect Smart Plus, on balance — 4.3/5 against 4/5. Where iProtect Smart Plus is ahead: myinsurancebro score, claim settlement ratio, solvency ratio, premium — 30, male, premium — 30, female. Where Super Term Plan is ahead: complaints per 10,000 claims.
A score ranks plans on the evidence available; it cannot know your health history, your dependants or which exclusion will matter to you in ten years. Where the two are close, the deciding factor is usually the text rows above — room rent, waiting periods, exclusions — read against your own circumstances.
Scores are plan features 45%, insurer strength 45%, premium 10% — how we score plans.
Frequently asked questions
Which is better, ICICI Prudential iProtect Smart Plus or Aditya Birla Sun Life Super Term Plan?
We score ICICI Prudential iProtect Smart Plus higher at 4.3/5 against 4/5. A well-priced plan from a large insurer, and the Smart Exit option is genuinely rare. Where it slips is servicing — 8 complaints per 10,000 claims is roughly eight times HDFC Life. That will not matter for most people, but it is the one number we would want you to see before choosing this over the top two. Good pick if price is the deciding factor and you want a household-name insurer.
Which of the two settles more claims?
ICICI Prudential — 99.3% against 98.7%. Read it beside complaint volume: ICICI Prudential draws 8 complaints per 10,000 claims and Aditya Birla Sun Life 1.33 complaints.
Which is cheaper?
ICICI Prudential iProtect Smart Plus, on the illustrated profiles in the table above. Premiums are illustrations for a stated profile, not quotes — your own depends on age, health, city and underwriting.
Read the full reviews
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Disclaimer: Figures shown here are compiled from IRDAI annual reports and public grievance disclosures, and from insurer public disclosures and policy wordings. Claim settlement ratios and complaint volumes are three-year averages for FY 2024–26. Premiums are indicative illustrations for the stated profile, not quotes — your actual premium depends on your age, health, city, habits and underwriting. Scores are Myinsurancebro's own assessment. Always read the official policy document and speak to an advisor before buying. Myinsurancebro is an IRDAI-licensed insurance advisor — we do not manufacture or underwrite any insurance product.