Private sector ICICI Prudential Life Insurance has announced a bonus of Rs 788 crore for its bouquet of participating products. “All participating policies in force as of March 31are eligible to receive this bonus, which will be added to their guaranteed maturity or death benefit,” it said in a statement, adding that this is the 14th consecutive year it has declared a bonus. The bonus declared for FY20 is 15 per cent higher than FY19 and will benefit nearly nine lakh policy holders.
Money & Banking
ICICI Pru Life declares Rs 788 crore bonus
Our Burea
Mumbai |
Updated on
June 19, 2020
Published on
June 19, 2020
Published on
June 19, 2020
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ICICI Pru Life declares Rs 788 crore bonus
Our Burea
Mumbai |
Updated on
June 19, 2020
Published on
June 19, 2020
Published on
June 19, 2020
A letter from the Editor
Dear Readers,
The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.
Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.
In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.
We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.
But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.
I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.
A little help from you can make a huge difference to the cause of quality journalism!
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