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 coverage up to 100 times the annual premium and 18 fund options across equity and debt. It offers comprehensive protection for the family and a significant lump sum for self-sufficiency. This product combines protection and long-term savings to achieve financial goals. The company simplifies buying processes, allowing policies based on declared income, and eliminating physical medical tests for customers under 45.
The life cover or claim amount will be paid out as a lump sum to the beneficiary/nominee in case of the demise or permanent disability of the policyholder due to an accident, ensuring the family is not financially vulnerable. 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.”
