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ICICI Pru LifeLink Pension SP is a single premium pension policy that provides you the opportunity to enjoy regular income post retirement by paying just a single premium. This product comes with the Pension Return Guarantee Fund (PRGF) that provides you a minimum guaranteed return by way of a guaranteed NAV at the time of vesting. The policy value at date of vesting is also subject to the minimum guaranteed return as prescribed by IRDA from time to time.
Guaranteed NAV
This Policy offers you a minimum guaranteed return, as prescribed by IRDA from time to time, on the original vesting date. This return is offered by way of a guaranteed NAV. The applicable guaranteed NAV is declared at the beginning of the subscription period of the tranche of the Pension Return Guarantee Fund in which the premium is invested. The NAV applicable at vesting is the higher of the guaranteed NAV and the then prevailing NAV. The policy value at date of vesting is also subject to the minimum guaranteed return.
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