ICICI Prudential Life launches new unit-linked pension plan

Our Bureau Updated - March 12, 2018 at 09:16 PM.

ICICI Prudential Life Insurance has launched Easy Retirement, a unit-linked plan that enables customers to build their retirement corpus.

The plan provides customers the flexibility to choose their equity exposure according to their risk appetite. ICICI Pru Easy Retirement rewards customers for continuing over the long-term through Pension Boosters which add 5 per cent of the fund value every five years after the tenth policy year onwards, thereby enhancing the corpus built, which provides regular income for life.

Customers also have the flexibility to choose the premium paying term to build a corpus to ensure regular income to maintain their lifestyle post retirement. 

ICICI Pru Easy Retirement is available on the online platform.

Puneet Nanda, Executive Director, ICICI Prudential said, “The plan is designed to inculcate the long-term savings habit, thereby enabling customers to build a corpus that will provide for regular income post retirement.”  

Deepa.nair@thehindu.co.in

Published on September 18, 2013 11:07