ICICI Prudential Life Insurance has launched ICICI Pru Protect N Gain, a unique product which offers a comprehensive life insurance cover, protection against accidental death and permanent disability due to an accident and market-linked returns to build long-term wealth and achieve financial goals.
The product offers life insurance with up to 100 times annual premium coverage and 18 equity/debt options for maximum returns. This policy offers comprehensive financial protection for families during policy tenure and a substantial lump sum for self-sufficiency, enabling customers to achieve financial goals with a perfect blend of protection and savings.
The company simplifies buying processes, allowing policies based on declared income, and eliminating physical medical tests for customers under 45. Mr. Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance said, “This is in sync with our vision to build an enduring institution that serves the protection and long-term saving needs of customers with sensitivity.”The policyholder’s life cover or claim will be paid out as a lump sum to the beneficiary/nominee in case of death or permanent disability, ensuring financial stability for the family.