ICICI Prudential Life disburses over Rs 900 cr as loan against traditional policies in FY25

ICICI Prudential Life Insurance disbursed over Rs 900 crore in loans against traditional policies to over 42,700 customers in fiscal year 2024-25, marking a 60% year-on-year increase. Customers can borrow up to 80% of the policy's surrender value, with digital channels being the preferred method for accessing the loan facility. The company's AUM stood at Rs 3.