ICICI Prudential Life Insurance has launched their new savings product ‘ICICI Pru Guaranteed Income for Tomorrow (Long-term)’. This new non-participating product will provide customers with the option to either receive regular guaranteed tax-free income or income with a 110 per cent return of premium. Both these plan options provide income for up to 30 years. The life cover offered under this product will continue for the entire duration of the policy, including the income period, thereby providing financial security to the policyholder’s family.
Policyholders will have the flexibility to select the premium payment term of either 7 or 10 years and based on their needs can opt to receive income for a period of 15, 20, 25, or 30 years. The
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