Coimbatore: ICICI Prudential Life Insurance has launched a new non-participating savings product ‘ICICI Pru Guaranteed Income for Tomorrow (Long-term)’.
According to a press release, this product provides customers with the option to either receive regular guaranteed tax-free ‘Income’ or ‘Income with 110% Return of Premium’.
Both these plan options provide income for up to 30 years. The life cover offered under this product continues for the entire duration of the policy including the income period, thereby providing financial security to loved ones, it added.