India, Feb. 13 -- ICICI Prudential Life Insurance has launched ICICI Pru SmartKid 360, a long-term saving product which allows customers to plan for their child's future financial needs, with guaranteed benefits. ICICI Pru SmartKid 360, gives MoneyBack or pre-decided payouts as per the child's future milestones such as school or higher education or early adulthood goals. Notably, customers can choose a fixed amount or increasing amount as payouts.

Commenting on the launch, Vikas Gupta, Chief Product Officer, ICICI Prudential Life Insurance, said, "ICICI Pru SmartKid 360 has been designed to cater to the parents need to financially secure their child's future. In addition to the MoneyBack benefits, the product provides a guaranteed maturi...