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Today Date : Friday, July 19, 2024

ICICI Prudential Life Insurance announces Rs. 968.8 Crore Bonus

ICICI Prudential Life Insurance announces Rs. 968.8 Crore Bonus

ICICI Prudential Life Insurance, India’s largest private life insurer in terms of new business sum assured, has declared an annual bonus of ` 968.8 crore for FY2022 to all eligible participating policyholders.

This is the 16th consecutive year of bonus payment and also the highest ever by the Company till date, exceeding the FY2021 bonus by 12%.
All participating policies in-force as of March 31, 2022 are eligible to receive this annual bonus, which will be added to the policyholders’ benefits. Almost a million participating policyholders will benefit from this, taking them closer to achieving their long-term financial goal according to a press release from the organisation.