Financial Daily from THE HINDU group of publications
Wednesday, Feb 19, 2003
Financial Daily from THE HINDU group of publications Wednesday, Feb 19, 2003 |
|
|
|
|
|
Money & Banking
-
Life Insurance ICICI Bank `tailors' cover for cardholders C.R. Sukumar
HYDERABAD, Feb 18 ICICI Bank, the second largest bank in the country, has decided to offer exclusively designed life insurance products to its high net-worth credit cardholders across the country. The product is from the ICICI Prudential Life Insurance stable. According to the ICICI Bank Head, Marketing Cards, Mr Subrat Pani, and the ICICI Prudential Life Insurance Marketing Manager, Alternate Channels, Mr Naveen Gupta, the free personalised financial planning along with the triple advantage offer was being introduced exclusively for select card members. The product — `Life Time Pension Triple Advantage' — a flexible unit-linked pension plan gives the customers the advantage of reducing their tax burden along with safeguarding their post-retirement years. Besides the tax advantage, the product also offers to provide the cardholders regular pension, guaranteed for life. The cardholders are given the option of choosing from three plans — Maximiser (growth), Protector (income) and Balancer (balanced) — and also the power to switch between the various plans to suit the individual investment priorities. Apart from this, the cardholders who avail of the exclusive offer would also be eligible for five per cent bonus allocation . However, the limited period offer ends on February 28.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|