Retirement planning is essential, since your regular income stops during retirement. Pension plans provide you with income even during retirement that can help you maintain your current lifestyle, meet medical expenses, and more. They can also help achieve your post-retirement goals such as pursuing a hobby, starting a new venture, traveling and more. Hence, it is important to choose the best pension plan that can help you stay financially independent during retirement. Below are a few pension plans offered by ICICI Prudential Life.

ICICI Pru Guaranteed Pension Plan Flexi

This plan helps you save money regularly during your earning years and provides you with a guaranteed^* regular income during your retirement, for life. You can choose to pay your premiums monthly, half-yearly or yearly, as per your convenience. You can also choose when you start receiving your income.

^*T&C apply

ICICI Pru Guaranteed Pension Plan - Deferred Annuity

With this plan, you can invest your money as a lump sum and choose a date in the future (between 1 to 10 years from the purchase of the plan) when you want to start receiving your income from the plan. You may invest in this plan if you have a few years left for your retirement. The returns from this plan are fixed at the time of purchase of the plan and are free from market volatility. This plan lets you receive this income monthly, quarterly, half-yearly or yearly, as per your choice. You will continue to receive this income for life.

ICICI Pru Guaranteed Pension Plan - Immediate Annuity

With this plan, you can invest your money as a lump sum and start receiving the income as early as the month following the purchase of the plan. You may invest in this plan if you are nearing your retirement. The returns from this plan are fixed at the time of the purchase of the plan and are free from market volatility. You can choose to receive this income monthly, quarterly, half-yearly or yearly, as per your choice. You will continue to receive this income for life.

ICICI Pru Saral Pension Plan

This guaranteed^{^} lifelong annuity plan allows you to receive the purchase amount back at the end of the policy term. You may avail of the option to cover your spouse as well, while purchasing the plan. You may choose to start receiving the income from the plan as early as the month following the purchase of the plan. This plan lets you receive income monthly, quarterly, half-yearly or yearly, as per your choice.

^{^}T&C apply

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