The pension plan combines guaranteed lifetime income with payouts linked to the Nifty 50 Total Return Index, allowing retirees to choose how much of their income is fixed and how much is market-linked.

ICICI Life Insurance has launched ICICI Life Guaranteed Indexed Pension, which offers a combination of guaranteed and variable annuity income, with the variable component linked to the Nifty 50 Total Return Index. The product also provides health management and wellness services to customers Customers can choose a guaranteed annuity component ranging from 60% to 100%, with the remaining portion linked to the index. The structure allows policyholders to receive a fixed income while also parti