ICICI Prudential Life pension plan to offer increasing regular income
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IANS
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Published on
Tue, May 25 2021 15:48 IST
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Pension. (File Photo: IANS). Image Source: IANS News
Mumbai, May 25 : ICICI Prudential Life Insurance has introduced a retirement solution by combining two variants of its 'Guaranteed Pension Plan', which offers a guaranteed return on investments.
This solution provides customers with increasing regular income that doubles after five years and triples after the 11th year, thereby shielding subscribers against the rising cost of living.
Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance, said, "It is imperative that customers plan for their retirement and the solution offered by the 'Guaranteed Pension Plan' enables customers to receive increasing regular income and lead a financially self-sufficient retired life."