Icici Pru Cuts Term Of Assured Products

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Falling interest rates by over 400 basis points over the last 18 months has forced insurers to scale down their rate of assured returns on guaranteed products.
ICICI Prudential Life Insurance Company has also decided to reduce the term of guarantee from seven years to four years on its endowment products
First Published: Dec 02 2002 | 12:00 AM IST