How to gain financial stability in critical times
I was diagnosed with disc prolapse in L4 and L5 recently. Following the diagnosis of my injury, I was on complete bed rest for 6 weeks. The prolapse was so bad that I couldn’t even move for the first three days. Based on the severity of my injury, my orthopedist recommended complete bed rest along with pain medication for 6 weeks. After 6 weeks, I initiated alternative therapies like decompression, ultrasound etc. Because I am athletic, the rehab journey was smooth and pretty fast.
However, this episode made me realise that regardless of how fit I am, I cannot completely avoid injuries. Injuries have a strong psychological as well as financial impact. It can disturb financial goals in the absence of an alternate guaranteed source of income. I also realised how expensive the treatment can be and how important it is to have a strong financial back up for the future.
I started looking out for investment options that would give me financial stability even in critical times. I came across the ICICI Pru Guaranteed Income for Tomorrow plan. This plan is ideal as it provides guaranteed income. I can receive this income as a one-time payment or month-on-month as a regular income. If I choose the regular income option, I can receive the money from the next year of purchasing the policy itself. I can also avail of a loan against this policy in case of a financial emergency. Additionally, the plan also provides financial protection for my loved ones with a life insurance cover. The plan covers COVID-19 life claims and helps me save tax too.
With the right financial preparation, I can win the battle against any uncertain situation coming my way!
Kyuki agar tayari sahi ho, toh jeet paaki hai! – In association with ICICI Prudential Life Insurance!
Life Cover is the benefit payable on death of the life assured.
Tax benefits under the policy are subject to conditions under Section 80C, 10(10D), 115BAC and other provisions of the Income Tax Act, 1961. Goods and Services tax and cesses (if any) will be charged extra, as per applicable rates. The tax laws are subject to amendments from time to time. Please consult your tax advisor for details, before acting on above.
Guaranteed Early Income is the income that you receive from 2nd year during your policy term. The frequency of Guaranteed Early Income is same as that of your premium payment.
Guaranteed Income is the income that you receive during the Income Period
Guaranteed benefits in the form of lump sum will be payable under Lump Sum Plan option. Guaranteed benefits in the form of regular income will be payable under Income Plan option and Early Income Plan option.
ICICI Prudential Life Insurance Company Limited. IRDAI Regn No. 105. CIN: L66010MH2000PLC127837. ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025. For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. For enquires related to new policies purchased online, please call us on 1-860-266-7766 and select option 4 on our Interactive Voice System. Trade Logo displayed above belongs to ICICI Bank Ltd & Prudential IP services Ltd and used by ICICI Prudential Life Insurance Company Ltd under license. UIN:105N182V01.