ICICI Prudential Life Insurance has announced an annual bonus of ` 867 crore for all eligible participating policyholders for FY2021.
The bonus declared is the highest ever by the Company till date and is also 10% higher than the bonus announced in the last fiscal, according to a communication from the organisation.
All participating policies in-force as of March 31, 2021 are eligible to receive this bonus and will be added to the policyholders’ benefits.
A total of 9.8 lakh participating policyholders will benefit from this, taking them closer to their long-term financial goals.
Mr. N S Kannan, Managing Director & CEO, ICICI Prudential Life Insurance, said, “We are delighted to announce that the annual bonus for FY2021 is the highest ever in the history of the Company.
What gives us special satisfaction is the fact that it coincides with the 20th anniversary of our operations.”