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EQUITY - MARKET SCREENER

Pharmaids Pharmaceuticals Ltd
Industry :  Pharmaceuticals - Indian - Formulations
BSE Code
ISIN Demat
Book Value()
524572
INE117D01018
15.1357311
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
N.A
0
97.76
EPS(TTM)
Face Value()
Div & Yield %
0
10
0
 

raymond aerospace,defence & engineering ltd
ICICI Life Insurance Introduces a Guaranteed Indexed Pension Plan Combining Lifetime Guaranteed Income with Index-linked Growth Potential
Oct 23,2026

On October 22, 2026, ICICI Life Insurance launched 'ICICI Life Guaranteed Indexed Pension,' (Non-Participating Non-Linked General Annuity Individual Savings Plan), a retirement income plan that offers customers a combination of guaranteed annuity and variable, index-linked annuity.

This plan provides income stability through its guaranteed component while helping to protect customers against inflation via a variable, index-linked income stream. A key feature of this plan is the flexibility to choose a guaranteed annuity component ranging from 60% to 100%. The remaining portion is linked to the Nifty 50 Total Return Index, allowing customers to participate in the market and potentially secure higher retirement income during their golden years.

According to Vikas Gupta, Chief Product Officer at ICICI Life Insurance, increasing life expectancy requires individuals to plan for longer retirement periods, and the product allows customers to choose a comfortable level of guaranteed income alongside market performance benefits to plan their retirement with greater confidence and financial security.

The product offers both single-life and joint-life options, with a facility for the return of the purchase price. This ensures that in the unfortunate event of the death of the annuitant - or the last surviving annuitant - a death benefit equal to the total premiums paid will be returned to the nominee.

To address immediate liquidity needs, the product offers an 'Annuity Advance' option. This allows customers to receive up to 99% of their guaranteed annuity payments for the next five years as a lump sum in advance.

Depending on their financial requirements, customers can also choose to receive annuity payments on a monthly, quarterly, half-yearly, or annual basis.

Additionally, the plan provides value-added services, such as health management and wellness support, to assist customers in preparing for and navigating their retirement years. This strengthens the company’s suite of retirement solutions and reinforces its commitment to simplifying financial planning - in line with its brand promise to stakeholders: 'Making Har Kal Aasaan.'