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Pramerica Life Partners with Policybazaar to Strengthen it's ULIP Portfolio, Launching NextGen Pension Plan and Smart Invest 1UP


Published on 2024-12-18 04:01:10 - ThePrint
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  • Pramerica Life Insurance, one of India's fastest-growing life insurance providers, has joined hands with Policybazaar to accelerate its focus on Unit-Linked Insurance Plans (ULIPs). Building on ULIPs as a critical driver of its product strategy,

Pramerica Life Insurance has partnered with Policybazaar to enhance its Unit Linked Insurance Plan (ULIP) offerings by introducing two new plans: the NextGen Pension Plan and Smart Invest 1UP. The NextGen Pension Plan is designed to provide a secure retirement by offering market-linked returns with life insurance coverage, aiming to help customers build a substantial retirement corpus. On the other hand, the Smart Invest 1UP is tailored for younger investors, offering flexibility in investment options, including the ability to switch between funds, and features like unlimited free switches and premium redirection. This collaboration aims to leverage Policybazaar's digital platform to reach a broader audience, providing innovative solutions for wealth creation and retirement planning.

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[ https://theprint.in/ani-press-releases/pramerica-life-partners-with-policybazaar-to-strengthen-its-ulip-portfolio-launching-nextgen-pension-plan-and-smart-invest-1up/2408452/ ]