ICICI Prudential Life Insurance coverage launches new revenue product for tomorrow – ICICI Pru Assured Revenue


The life insurance coverage supplied beneath the product continues for all the time period of the coverage

ICICI Prudential Life Insurance coverage as we speak launched a brand new non-participating financial savings product ‘ICICI Pru Assured Revenue for Tomorrow (Lengthy Time period)’, which offers prospects with a daily assured tax-free ‘revenue’ or ‘revenue with 110 per cent’ Offers the choice to obtain. ‘Refund of Premium’. As per an announcement shared by the life insurance coverage firm, each the plan choices supply revenue as much as 30 years.

The life insurance coverage supplied beneath the product continues for all the time period of the coverage together with the revenue time period. Prospects have the flexibleness to decide on a premium paying time period of both seven or 10 years and might select to obtain revenue for a tenure of 15, 20, 25 or 30 years relying on their wants.

Financial savings plans present peace of thoughts by serving to prospects create another supply of steady revenue to assist their monetary targets reminiscent of kid’s larger schooling, retirement planning, and so forth. This permits purchasers to largely eradicate the uncertainty of future revenue streams.

The ‘Save Date’ function offers the power to decide on an revenue begin date that may coincide with particular dates reminiscent of marriage anniversaries and spouses’ birthdays. It helps in getting the revenue on the necessary dates chosen by the shopper.

“Monetary planning has assumed extra significance within the post-pandemic world, as people search to spherical up sources of future revenue or develop a supplementary supply of steady revenue.

Since prospects know the precise quantity of revenue receivable, it permits them to develop a sound monetary financial savings plan,” mentioned Mr. Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance coverage.

On Thursday, December 3, shares of ICICI Prudential Life Insurance coverage closed at Rs 608.75, up 1.94 on the BSE.



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