ICICI Prudential Life launches ICICI Pru Easy Retirement

Mumbai: ICICI Prudential Life Insurance Company Ltd, today, announced the launch of ICICI Pru Easy Retirement. This unit linked plan enables customers to build their retirement corpus in a cost effective and convenient manner. Higher the contribution and longer the contribution tenure, lower is the cost of building this corpus. This plan safeguards the customers’ capital against market downturns through the capital guarantee feature, while providing customers the flexibility to choose their equity exposure according to their risk appetite.

ICICI Pru Easy Retirement rewards customers for continuing over the long term through Pension Boosters which add 5% of the fund value every five years after the tenth policy year onwards thereby enhancing the corpus built which provides regular income for life.

With ever rising cost of living, retirement planning has become increasingly important. By planning early customers benefit by way of reduced quantum of outflow towards premium payments. Another avenue for customers to reduce outflow towards premiums is to continue paying throughout the term of the policy. This effectively ensures that there is minimal impact on the existing standard of living. However, customers have the flexibility to choose the premium paying term to build a corpus to ensure regular income to maintain their lifestyle post retirement. Importantly, a switch facility is available to customers to modify the asset allocation for maximizing returns.

ICICI Pru Easy Retirement is available on the online platform developed by the Company, which offers customers the convenience of evaluating the product and making an informed buying decision.

Mr. Puneet Nanda, Executive Director, said “ICICI Pru Easy Retirement is compliant with the new regulations prescribed by IRDA, which make life insurance products a compelling proposition for customers. Our core philosophy has always been to offer products which enable customers to meet their long term financial goals. Importantly, this product allows customers to build their retirement corpus in a cost effective and convenient manner. A retirement plan is a long-term plan and needs a disciplined savings approach which is rewarded by the power of compounding. ICICI Pru Easy Retirement is a plan designed to inculcate a long term savings habit thereby enabling customers to build a corpus that will provide for regular income post retirement.”

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Top 5 Tips to Stay Fit in Old Age

There are many common myths associated with old age. People tend to think that becoming old means becoming ill healthy, but this is not true in all cases.

There are people who are in the age of 90 and above and who are fit physically, doing all the normal activities and more. You can be healthy even when you age, but it depends on the lifestyle you have lead in the previous years of your life and the care you took to stay fit and active.

We get old because of the damaged cells, tissues and organs, even genes play an important role in aging. Genes are not in our control, but there are definitely certain habits that we can inculcate to stay healthy even when we age. Let us see what those are.

• Diet plays a very important role in aging and so we should make sure that we take sufficient amount of healthy and nutritious diet.
• Many people think that exercising is only for the young, but it is not so, even aged people need to exercise to stay fit but after consulting the physician. 
• ‘You are what you think’ so don’t let this feeling of illness and old age occupy your mind. Instead occupy your mind in some positive and constructive thinking. 
• Your age factor should not confine you to the four walls of your house, stay active physically and socially. Engage yourself in some physical activity that you love doing, go and mingle with people and maintain social life. This will keep you active and occupied. 
• Try meditating, this will help you to stay calm and fit mentally and will help you in stabilizing minds activities. It gives you lot of mental strength to cope up with the ups and downs in life.

Old age is not a punishment, it is a boon. If you stay fit in old age, you can lead a life of your choice and can make your life heaven. So, think positive, stay fit and active.

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