Secure Wealth and Combat Inflation with ICICI Pru GIFT Select

Varahi media.com online news, march 23,2025: In today’s dynamic economic landscape, securing an additional income stream has become essential for individuals to manage rising inflation, navigate market fluctuations, and achieve long-term financial goals. Recognizing this need, ICICI Prudential Life Insurance has introduced ICICI Pru GIFT Select, a unique long-term savings solution designed to offer guaranteed income while preserving wealth.

Key Benefits of ICICI Pru GIFT Select:

Guaranteed Income: Provides financial stability and security.
Flexible Payout Options: Customers can choose the duration of income.
Lump Sum Maturity Benefit: Ensures wealth accumulation in a tax-efficient manner.
Inflation Protection: Income increases by 5% annually, helping individuals maintain purchasing power.

“Our aim is to provide financial certainty to our customers, enabling them to achieve their long-term aspirations,” says Mr. Amit Palta, Chief Product and Distribution Officer, ICICI Prudential Life Insurance.

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Beyond innovative products, ICICI Prudential Life Insurance is transforming life insurance distribution through digital innovations. The IPRU Edge mobile app empowers agents by providing business leads, social media marketing tools, and a paperless policy issuance journey.

Digital Advancements Driving Growth:

25% increase in agent productivity (April–December 2024).
98% of eligible agents received commissions on the same day.
AI-powered solutions facilitated same-day issuance for nearly 50% of savings policies.

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ICICI Prudential Life’s customer-first approach is further reflected in its impressive 99.3% claim settlement ratio between April and December 2024, with an average claim processing time of just 1.2 days for non-investigated claims. With its commitment to innovation, financial security, and agent empowerment, ICICI Prudential Life Insurance continues to set new industry benchmarks.