ICICI Prudential

ICICI Prudential launches ‘Wealth Advantage’ in market

ICICIIndia's leading private insurer, ICICI Prudential Life has launched Wealth Advantage, a unique single premium ULIP in the domestic market.

The new insurance policy allows consumers to stay invested in the plan for as long as they live, even beyond the age of 70 years, thereby ensuring long-term coverage.

ICICI Prudential MF revises exit load structure of two funds

ICICI Prudential MF revises exit load structure of two fundsICICI Prudential Mutual Fund, the second largest mutual fund in India, has approved revision in the exit load structure under ICICI Prudential Income Opportunities Fund and ICICI Prudential Growth Plan with effect from 27 January 2009.

ICICI Prudential inks pact with Suvidha Infoserve

Private Life insurer ICICI Prudential has entered into an agreement with Suvidha Infoserve Pvt. Ltd (SIPL) of Shapoorji Pallonji Group, to enable its customers pay their insurance premiums through Suvidha outlets.

Under the tie-up, the policyholders would make payments through their neighborhood Suvidha retail stores, which are ranging from kirana stores, mobile stores, medical stores, STD booths, cyber cafes and travel agencies.

ICICI Pru Life Eyes More NBFCs

In order to boost its retail sales crosswise India, ICICI Prudential Life Insurance Company is anticipating more affiliations with NBFCs (non-banking financial companies).

At present, ICICI Prudential sells retail insurance plans via 15 banking institutions and 10 business agents, which makes around 35 percent out of its entire retail insurance business.