ICICI Prudential Life Insurance launched ICICI Pru Gold Pension Savings, a tax efficient pension product that enables customers to make systematic contributions and build the desired retirement corpus to lead financially independent retired lives
This unique product is also India’s first product which offers customers safety of the capital invested, complimentary health check-ups and make partial withdrawals. ICICI Pru Gold Pension Savings product empowers customers, upon maturity to withdraw up to 60% of the accumulated savings and receive guaranteed regular life-long pension from the balance amount, enabling financial freedom during the golden years.
Mr. Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance, said, “Retirement planning has assumed great importance with the rapidly changing family structures in the country. ICICI Pru Gold Pension Savings, a tax efficient product has been designed to enable customers to make regular contributions to build the required retirement fund to be financially independent".
ICICI Pru Gold Pension Savings is a testament of commitment to empower customers to achieve their retirement aspirations. The product aligns with the Company’s strategy of offering innovative life insurance solutions that cater to the evolving financial landscape and individual needs.