ICICI Prudential Life Insurance
INTRODUCTION ABOUT US
ICICI Prudential Life Insurance
ICICI Prudential Life Insurance Company Limited is one of India’s leading life insurance companies, promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. The company started its operations in FY2001 and focuses on providing long-term life insurance, protection, savings, wealth creation, and retirement solutions designed around different life-stage requirements. With a strong customer-centric approach, ICICI Prudential Life combines insurance expertise, digital capabilities, financial strength, and customer service to help individuals plan for their family’s financial security and long-term goals.
Years Life Insurance Experience
Claim Settlement Ratio*
Benefits Paid
Assets Under Management
Life Protection
Life insurance solutions designed to provide financial protection and help secure the financial future of your loved ones.
Long-Term Savings
Insurance solutions that can help customers work towards their long-term financial and savings goals.
Wealth Creation
Selected life insurance solutions provide opportunities for long-term wealth creation, subject to applicable policy terms and investment risks.
Retirement Planning
Life insurance and pension solutions can help individuals prepare financially for their future and retirement needs.
ABOUT ICICI PRUDENTIAL LIFE INSURANCE
ICICI Prudential Life Insurance Company Limited was promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited and commenced operations in FY2001. Since then, the company has established itself as a significant player in India’s life insurance sector, focusing on the protection and long-term savings needs of customers. ICICI Prudential Life offers solutions designed around different life stages and financial requirements, with a strong emphasis on customer-centricity, quality service, financial protection, and long-term planning. The company has consistently focused on developing cost-effective products and providing convenient services to its customers. Over the years, ICICI Prudential Life has achieved several significant milestones, including crossing ₹1 trillion in assets under management in FY2015 and becoming the first insurance company in India to be listed on the National Stock Exchange and Bombay Stock Exchange in FY2017. Its assets under management reached ₹3 trillion in FY2025 and stood at ₹3,338.18 billion as of June 30, 2026. The company continues to focus on building an enduring institution that serves customers’ protection and long-term saving needs with sensitivity, supported by values such as Customer First, Humility, Passion, Integrity, and Boundarylessness.
- 25+ Years of Experienc
- 99.3% Claim Settlement Ratio
- ₹46,182 Crore Benefits Paid
- ₹3.09 Lakh Crore AUM
- 9.17 Crore Lives Covered
Financial Security
Life insurance helps provide financial support to beneficiaries in accordance with the policy terms and conditions.
Family Protection
Life insurance can help families maintain financial stability in the absence of the policyholder.
Long-Term Planning
Insurance solutions can support customers in planning for important long-term financial goals.
Customer-Centric Service
ICICI Prudential Life focuses on convenient services, quality support, and a smooth insurance experience.
QUESTIONS & ANSWERS
Frequently Asked Questions
What is ICICI Prudential Life Insurance?
ICICI Prudential Life Insurance is a life insurance company that provides protection and long-term savings solutions for customers.
When did ICICI Prudential Life start its operations?
ICICI Prudential Life began its operations in FY2001.
What is the claim settlement ratio of ICICI Prudential Life?
The company reported a 99.3% claim settlement ratio for FY2025.
How much Assets Under Management does ICICI Prudential Life have?
Its AUM was ₹3.09 lakh crore as of March 31, 2025 and ₹3,338.18 billion as of June 30, 2026.
What is the main purpose of life insurance?
Life insurance is primarily designed to provide financial protection and can also support long-term savings and financial planning, depending on the policy selected.