Life insurance is perhaps the best tool that helps you secure a financial safe and sound life for you and your love ones. Remember, life is uncertain and life insurance products are designed to minimize the financial risks associated with the uncertainty of life.
When it comes to life insurance products, the one name that invariably comes to mind is ICICI Prudential Life Insurance Company (ICICI Prudential Life).
ICICI Prudential Life Insurance Company – Overview
ICICI Prudential Life Insurance Company, commonly referred to as ICICI Prudential Life, is collaborative business venture between ICICI Bank and Prudential PLC. ICICI bank is one of India’s most trusted and reputed financial institutions, whereas Prudential PLC is one of the United Kingdom’s largest financial service groups.
Touted to be the first ever private sector life insurance company, Prudential joined forces with ICICI Bank Ltd to offering life insurance products to the Indian insurance seekers in the month of December 2000, after getting a nod from IRDAI (Insurance Regulatory Development Authority of India).
Over the decade of its operations in the Indian Insurance sector, the company has been able to delight its policy holders, patrons and fans with multiple, mind-boggling life insurance products that come packed with an array of features and benefits.
Let’s now discuss some of the most popular life insurance plans offered by ICICI Prudential Life Insurance Company.
ICICI Prudential Life Insurance Company – Insurance Plans
Term Insurance Plans – ICICI Prudential offers a wide range of term life insurance plans to ensure a comprehensive financial protection against death, disability and diseases. Term plans by ICICI Prudential offer comprehensive death benefits, accumulated bonus, accidental coverage and a range of other useful features.
Some of the most popular term insurance plans offered by ICICI Prudential Life are:
- iProtect Smart
- iCare II
Unit Linked Life Insurance Plans(ULIP) – ULIP Plans remain the Bestselling Products under the portfolio of ICICI Prudential Life. These plans ensure competitive returns and life cover options to the policy holders. Continuous wealth creation and customization make ICICI Prudential ULIPs so popular amongst Indian insurance seekers.
Here’s a list of just some of the many ULIPs offered by ICICI Prudential Life Insurance Company:
- Guaranteed Wealth Protector
- Wealth Builder II
- Smart Life Elite
- Wealth II
- Elite Life II
Endowment Life Insurance Plans – Endowment plans are the best investment options for anyone who is looking to invest in a plan that offers an option for regular additional income, huge savings and guaranteed returns. Endowment life insurance plans offered by ICICI Prudential Life Insurance Company ensures that the policy holders are able to provide an iron-clad financial protection to self and their loved ones and secure their future dreams with guaranteed wealth growth, quickly and conveniently.
Some of the most popular endowment life insurance plans offered by ICICI Prudential Life are mentioned below:
- Cash Advantage
- Savings Suraksha
- Assured Savings
Retirement Insurance Plans – Almost everyone wants to retire rich and ICICI Prudential Life Insurance Company seems to understand this really well. And that’s why they offer a wide range of retirement insurance plans to ensure that the policy holders are able to ensure a comprehensive financial security in their golden years with potential growth of their savings. The retirement plans by ICICI Prudential Life ensure that the policy holders are able to get regular income for their life, lead a comfortable life and also leave a legacy for their children.
Popular retirement insurance plans offered by ICICI Prudential are mentioned below:
- Easy Retirement
- Immediate Annuity
So there you have it – the best insurance Plans offered by ICICI Prudential Life Insurance Company. Simply invest in one of these insurance plans and rest assured of a happy, prosperous and a stress-free future.