India’s largest private life insurer in terms of new business sum assured, ICICI Prudential Life Insurance has declared an annual bonus of Rs 968.8-crore for FY2022 to all eligible participating policyholders. All participating policies in-force as of March 31, 2022 are eligible to receive this annual bonus, which will be added to the policyholders’ benefits. Almost a million participating policyholders will benefit from this, taking them closer to achieving their long-term financial goals.
This is the 16th consecutive year of bonus payment and also the highest ever by the Company till date, exceeding the FY2021 bonus by 12%.
Managing Director & CEO of ICICI Prudential Life Insurance, Mr. N S Kannan said they are delighted to announce the annual bonus of Rs 968.8-crore for FY2022, the highest ever declared by the Company since inception. Besides, it is 12% higher as compared to FY2021. “Customers entrust us with their life’s savings to achieve their long-term financial goals and we believe this bonus will enable our participating policyholders to move a step closer to their financial goals”, he added.
