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ICICI Prudential Life Insurance Company on Thursday announced the launch of ICICI Pru Elite Life and ICICI Pru Elite Wealth. These ULIP products are designed to provide the best-in-class value along with multiple options of investment strategies.
These products offer customers the flexibility of single pay option or payments over a limited span of five years. Under the single premium option, a sum assured of minimum 125 per cent to maximum 500 per cent of the premium amount. Under the five years option, a fixed sum assured which ranges between 7 to 10 times of the annual premium is made available to customers. Source :- Business Standard.
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