Why group solutions?

Employees are the greatest assets of any employer and they are constantly on the prowl for "better opportunities". How do you get them to focus on their jobs and retain them for long? Human resource experts agree that employees work with utmost dedication when they believe that their organization truly cares about their well being.

It is of utmost importance for employers to provide employee benefits that demonstrate concern for employees well being. A small step is this direction is to offer employee benefit plans that meet the savings & financial security needs of the employees and their families. Your kind gesture to safeguard their family's future will undoubtedly serve as great encouragement for your employees, and they will gladly offer you their whole-hearted commitment.

ICICI Prudential group solutions are designed to enable organizations to offer superior benefits to their employees and also meet the statutory obligations like gratuity of an employer.

ICICI Prudential offers a comprehensive range of plans to employers, which address the major ambiguities faced by all of us “Risk of dying too soon” or “Risk of living too long”

How do I stand to gain from these plans?

Group solutions provide four important benefits to the employers:

• Serves as an important tool for employee retention
• Provides employers with tax breaks on the amounts set apart towards these employee benefits
• Meets the statutory obligations of an employer
• Helps with better corporate governance practice by segregating between employer and employees funds

How can ICICI Prudential life insurance help you?

Group solution plans from ICICI Prudential enable you to effortlessly provide your employees with both savings and financial security. ICICI Prudential takes utmost pride in offering an end to end solution, right from setting up an appropriate employee benefit plan, administering the same and rendering appropriate payout post.

What are the group solution plans offered by ICICI Prudential?

ICICI Prudential understands the importance of employee benefit offerings and has a suite of Group solution plans that provide both you and your employees with a complete range of benefits:

Group Retirement Plans

• ICICI Pru Group Superannuation plan Unit linked/Non linked helps you save, grow and accumulate funds towards employee’s retirement and thereby ensure financial stability of employee post retirement. ICICI Prudential offers flexible plans for both, defined benefit and defined contribution schemes.. click for more details.
• ICICI Pru Group Gratuity plan ULIP/Non ULIP enables you to effortlessly setup a gratuity fund and manage your statutory gratuity obligation towards your employees.. click for more details.
• ICICI Pru Group Leave Encashment plan ULIP/Non ULIP enables you to fund your Leave Encashment liability payable to your employees. These liabilities can be effectively met through the management of a dedicated fund for leave encashment.. click for more details.

Group Protection Plans

• ICICI Pru Group Term Insurance plan is a pure term insurance benefit securing the financial need of the employee’s family in the event of his / her unfortunate death during employment. This insurance plan provides cover to all your employees at an affordable cost.. click for more details.
• ICICI Pru Group Annuity plan offers a guaranteed periodic payment to your employee through his / her lifetime. This plan enables you to secure the financial future of your employees with a steady income all through their retired lives.. click for more details.

Why invest with ICICI Prudential?

• Having won awards at a global level for service excellence; our prompt, efficient & customer friendly services awaits you at every step of your need.
• ICICI Prudential Life has underwritten over 13 million policies since inception and Funds Under Management to the tune of Rs. 70,771 crores as on June 30, 2012.
• End-to-end solution for retirement trust; legal and regulatory related process for scheme set up or transfers
• Multiple investment options under the group retirement solution plans with market-linked and traditional pattern depending on your financial objectives
• With hassle free and convenient in-house claims process, we aim to process timely and smooth claim processing.

How can I get in touch with ICICI Prudential for further details?

We offer several options for you to contact us as per your convenience. Choose from one of the following:

• Meet our group sales representative
• Email your requirement at grouplife@iciciprulife.com