ICICI Pension Plan Review | ICICI Pru Retirement Plan Features, Benefits, Premium

ICICI Pension Plan Review

ICICI Prudential Life Insurance Company offers ICICI Pension Plan. ICICI Prudential Pension Plan or Annuity plans provide you with a steady income after your retirement. With the rise in Inflation, Higher Monitory resources would be needed for living a comfortable life. So better choose a best retirement plan that can act as a savior in your golden years. ICICI Retirement Plans are designed to provide you a secure and happy retired Life. A Pension plan is usually a type of retirement plan that gives an opportunity to employees to make contribution aside for a future purpose of living. ICICI Prudential Retirement Plan is less expensive compared to other Pension Plans. The Insured can pay the Premium of ICICI Pension Plan by using ICICI Prudential Online Payment. You can calculate the premium for the desired plan using ICICI Life Insurance Premium Calculator.

A Pension Plan will help you save money for your retirement. In the absence of support from family, there is a need for a stable income during their retirement years. The various ICICI Prudential Life Insurance Company Pension Plans are ICICI Pru Easy Retirement Plan and ICICI Pru Immediate Annuity Plan. As per your requirement, you can select any of the ICICI Pension Plan since all these Pension plans are satisfying the needs of people. Invest in a Best Retirement Plan today and enjoy life after retirement on your own terms. You can also buy ICICI Retirement Plan Online by visiting the official website of ICICI Prudential Life.

ICICI Prudential Pension Plan

ICICI Prudential Retirement plan offers the best policies with a broad range of benefits for you and your Family. ICICI Prudential Life Insurance Company offers Various ICICI Retirement Plan for Individual, Family, etc. For all these ICICI Pension plan, some different Features and Benefits mentioned are below. ICICI Prudential Pension Plan offers customized policies that can enclose almost any Retirement need that you might have.

ICICI Life Pension Plan Key Features

The Key Features vary for different Pension Plan as per the plans opted by the Insured.

• The Insured can avail Lump-sum payment from your retirement savings.
• You have the option to choose a different frequency of annuity payouts-monthly/ quarterly/ half-yearly/ yearly.
• Choose your annuity from 4 different annuity payout options. You can select your annuity payout rate for Monthly, Quarterly, Half-yearly or Annually.
• Enjoy regular monthly income for your whole Life.
• Get tax benefits on investment and on returns, as per applicable income tax laws. For more information refer www.taxqueries.in
• Enhance your retirement corpus through Pension Boosters.

ICICI Life Insurance Pension Plan Benefits

The Benefits vary for different Pension Plan as per the plans opted by the Insured.

• There are 5 payout options as mentioned below. The Insured have to Opt for anyone of them.
  • Annuity for Life.
  • Life Annuity with Return of Purchase Price: Life Annuity for annuitant with the return of purchase price on death to the beneficiary.
  • Joint Life, Last Survivor without Return of Purchase Price: The annuity is first paid to the annuitant. After the death of the annuitant, the spouse receives a pension, which is an amount equal to the annuity paid to the annuitant.
  • Joint Life, Last Survivor with Return of Purchase Price: The annuity is first paid to the annuitant. After the death of the annuitant, the spouse receives a pension that is an amount that is equal to the annuity paid to the annuitant. After the death of the last survivor, the purchase price is returned to the nominee.
  • Life Annuity guaranteed for 5/10/15 years and after that: Guaranteed annuity is paid for the chosen term (5/10/15) and after that, the annuity continues as long as the annuitant is alive.
• Maturity Benefit: No Maturity Benefit is available in ICICI Pension Plan.
• Riders: Riders are not allowed under this plans.

ICICI Retirement Plan

ICICI Prudential Life Insurance Company provides the best Pension Plans. The Retirement plans offered by ICICI Prudential have attractive features and benefits. You can see the list of ICICI Retirement Plan.

• ICICI Pru Easy Retirement Plan.
• ICICI Pru Immediate Annuity Plan.

The Insured will be covered with extra benefits as per the plan opted. For more details about ICICI Pension Plan, refer the below section.

Overview of ICICI Prudential Pension Plans

ICICI Pension Plan Related Documents and Posts

Here we are providing related posts of the ICICI Prudential Pension Plan Term. Click the below links, if you want to know the details about the Online Payment, Recruitment, Renewal, Claim Forms, and Documents.

For further information about ICICI Prudential Pension Plan refer www.iciciprulife.com.