ICICI Prudential launches 'Pru GIFT Select' for guaranteed income

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ICICI Prudential launches 'Pru GIFT Select' for guaranteed income - Business Standard

Quick Summary:

Offers guaranteed income along with a lump sum maturity benefit.

He highlighted the company's industry-leading claim settlement ratio of 99.3 per cent in nine months of FY25, with an average claim settlement time (non-investigated) of just 1.2 days, reinforcing their reliability and commitment to policyholders.

Provides an increasing income option – 5 per cent compounded annually to manage inflation.