Question

What initiative does ICICI Prudential Life Insurance offer with the ICICI Pru Guaranteed Pension Plan Flexi, and what is distinctive about it?

A Bonus Enhancer, Offering premium discounts Correct Answer Incorrect Answer
B Benefit Booster, Providing additional life coverage Correct Answer Incorrect Answer
C Loyalty Program, Granting cashback rewards Correct Answer Incorrect Answer
D Benefit Enhancer, Offering a full premium refund Correct Answer Incorrect Answer
E Premium Saver, Reducing policy renewal costs Correct Answer Incorrect Answer

Solution

Explanation:

ICICI Prudential Life Insurance introduced the ICICI Pru Guaranteed Pension Plan Flexi with a "benefit enhancer," allowing customers the flexibility to receive a full premium refund at any point from the date of purchase.

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