India, June 16 -- ICICI Prudential Life Insurance has launched ICICI Pru Signature Secure, Indian life insurance's first Unit Linked Insurance Plan (ULIP) with a built-in guaranteed maturity benefit. ICICI Pru Signature Secure is a non-participating linked individual savings life insurance plan and has been designed for customers looking for the reassurance of tax-efficient guaranteed benefits. The product offers a simple proposition - invest once, stay protected through life cover during the policy term and receive a maturity benefit at the end of five years. On maturity, the customer receives the higher of the fund value or the guaranteed maturity benefit, providing the reassurance of a guaranteed outcome.

For instance, a 45-year-old c...