DHFL Pramerica is one of the leading insurance companies in India. DHFL Pramerica Life Insurance Company has a claim settlement ratio of 90.87%. The company provides with an assortment of insurance products, different protection plans, saving plans and group insurance plans.
DHFL Pramerica has its headquarters in Gurgaon. Today DHFL Pramerica Life Insurance is considered as one of India’s premier life insurance companies. The company was incorporated as a joint business enterprise between Dewan Housing Finance Corporation Ltd and Prudential International Insurance Holdings Ltd.
DHFL Pramerica possesses a customer base of nearly 3 million people. The company serves its customers through 67 branches, with 2000+ employees spread all over India. July 2008, the company got its authorization from the Insurance Regulatory and Development Authority of India (IRDAI) to sell insurance and just one month later DHFL Pramerica had launched its very first product. Since then, for the following 6 years, DHFL Pramerica Life Insurance Company sustained to grow and reached a benchmark of more than 1 million people insured in August of 2014.
Different Types of DHFL Pramerica Life Insurance Plans
DHFL Pramerica has a number of effective life insurance plans on offer. These plans have been designed by keeping in mind to provide total life cover with high returns and additional benefits. Check out the different types of life insurance plans under different categories offered by DHFL Pramerica.
DHFL Pramerica Protection Plans
- DHFL Pramerica Family First Plan: The Family First policy from DHFL Pramerica is basically a term insurance plan. This policy can be purchased for 10 years to 30 years. DHFL Pramerica Family First Plan provides death benefits amounting to 20 times of the monthly income. Further, this plan can be enhanced by adding on riders that are well-matched with this policy.
- DHFL Pramerica Family Income Plan: The Family Income Plan from DHFL Pramerica Life Insurance Company is a term insurance plan. As the name suggests, this plan is offered to provide families with a monthly income. DHFL Pramerica Family Income Plan is a decreasing term plan which you can purchase for periods ranging from 5 years to 30 years. This life insurance plan from DHFL Pramerica also comes with riders that you can utilize to improve your insurance coverage.
- DHFL Pramerica U-Protect Plan: U-Protect Plan from DHFL Pramerica is basically a scheme that provides insurance cover at very affordable prices. This policy also offers non-smokers the advantages of lower premiums as a reward for leading a healthy lifestyle. DHFL Pramerica U-Protect Plan offers a minimum Sum Assured of Rs. 25 lakhs as the death benefit. It’s also important to note that the policy does not offer any maturity benefits.
- DHFL Pramerica TruShield Plan: TruShield Plan from DHFL Pramerica is a protection plan. This policy has been designed to provide with additional shield cover along with life cover, with a choice of death benefit covers as per your very own preference.
| Plan Name | Basic Sum Assured | Policy Term |
|---|---|---|
| DHFL Pramerica Family First | 20 times of the monthly income | 10-30 years |
| DHFL Pramerica Family Income | Depends on the premium amount | 5-30 years |
| DHFL Pramerica U-Protect | Rs. 25,00,000/- | 10-30 years |
| DHFL Pramerica TruShield | Rs. 5,00,000/- | 10, 15 & 20 years |
DHFL Pramerica Child Progress Plans
There’s no parent but care for their children’s future. They want to make sure that their children do not have to face any financial obstacles when they will no longer there to take care of their children in person. To get the parents out of this worry, DHFL Pramerica offers the following insurance plans that have been specifically designed to protect your children’s future.
- DHFL Pramerica Future Idols Gold+ Plan:Future Idols Gold+ Plan from DHFL Pramerica has been designed to protect a child’s education even if the worst was to take place. This policy is basically an endowment plan. DHFL Pramerica Future Idols Gold+ Plan comes with policy terms of 15 years, 20 years & 25 years. The policy offers death as well as maturity benefits to the policyholders.
- DHFL Pramerica Rakshak+ Plan:Rakshak+ Plan from DHFL Pramerica is basically a non-participating endowment plan. The policy has been designed to offer death benefits like Sum Assured and accrued annual guaranteed additions. The maturity benefits provided under DHFL Pramerica Rakshak+ plan are the base Sum Assured multiplied by the guaranteed maturity multiple.
- DHFL Pramerica Rakshak Gold Plan:Rakshak Gold Plan from DHFL Pramerica is basically a non-linked endowment plan. The policy provides with guaranteed additions annually plus enhanced death benefit that would be helpful in terms of paying out a monthly benefit in the unfortunate event of the policyholder’s death (till the policy tenure ends).
- DHFL Pramerica Smart Fee Protect Plan:Smart Fee Protect Plan from DHFL Pramerica Life Insurance Company is a non-participating endowment plan. The policy has been introduced to provide security to the life insured’s child through a monthly income. The policy also comes with the option of add-on coverage plus guaranteed additions every year.
| Plan Name | Basic Sum Assured | Policy Term |
|---|---|---|
| DHFL Pramerica Future Idols Gold+ | Rs. 1,50,000/- | 15, 20 & 25 years |
| DHFL Pramerica Rakshak+ | Rs. 1,00,000/- | 10, 15 & 20 years |
| DHFL Pramerica Rakshak Gold | Rs. 1,00,000/- | 12 & 18 years |
| DHFL Pramerica Smart Fee Protect | Rs. 1,68,000/- | 10 & 15 years |
DHFL Pramerica Savings Plans
The savings plans offered The DHFL Pramerica are have been specifically designed to make sure that policyholders are covered by an insurance policy and are offered the opportunities to save for the hard days.
- DHFL Pramerica Flexi Cash Plan:The Flexi Cash Plan from DHFL Pramerica an insurance policy that provides you with the choice of pre-planned maturity benefits including guaranteed loyalty benefits. In addition to this, DHFL Pramerica Flexi Cash Plan offers limited pay options in which policyholders will be required to pay premiums only for 5 years, 10 years or 15 years.
- DHFL Pramerica Roz Sanchay Plan:The Roz Sanchay plan is a basically a guaranteed endowment plan from DHFL Pramerica. The policy offers life insurance cover as well as the opportunity to make considerable savings. DHFL Pramerica Roz Sanchay Plan also offeres an increasing protection model which transforms into a death benefit of 150% of the basic Sum Assured.
- DHFL Pramerica Aajeevan Samriddhi:The Aajeevan Samriddhi plan from DHFL Pramerica is life insurance policy that has been designed to provide insurance cover to you till the age of 99 years. DHFL Pramerica Aajeevan Samriddhi scheme also provides maturity benefits to make sure that your retirement does not leave you penniless.
- DHFL Pramerica Sahaj Suraksha:The Sahaj Suraksha from DHFL Pramerica offers insurance cover to policyholders till the age of 75 years. The policy is not limited by an entry age. The death benefits of DHFL Pramerica Sahaj Suraksha plan may include Assured Sums as well as other bonuses. Apart from that, this savings plan from plan DHFL Pramerica also offers maturity benefits.
- DHFL Pramerica Smart Cash Protect Plan:The Smart Cash Protect Plan is basically an endowment plan from DHFL Pramerica. This policy offers a regular income to policyholders through annual pay-outs. DHFL Pramerica Smart Cash Protect Plan also provides the policyholders with limited payment alternative, riders to increase cover and maturity benefits.
- DHFL Pramerica Wealth+ ACE Plan: The Wealth+ ACE Plan is a unit-linked insurance policy from DHFL Pramerica. This policy comes with insurance cover as well as investment opportunities. DHFL Pramerica Wealth+ ACE Plan is also a single premium policy which means that you will need to pay only one premium to this policy active.
- DHFL Pramerica Smart Wealth+ Plan: The Smart Wealth+ scheme is a ULIP plan from DHFL Pramerica. This policy offers customers an insurance policy along with investment opportunities. DHFL Pramerica Smart Wealth+ Plan can also be improved by purchasing riders well-matched with this policy.
- DHFL Pramerica Magnum Assure Plan: The Magnum Assure Plan is a non-participating endowment plan DHFL Pramerica. This policy offers a monthly income equivalent to the payout period along with the loans against the policy.
- DHFL Pramerica Premier Gain Plan: The Premier Gain Plan is basically a participating non-linked endowment plan from DHFL Pramerica. This policy has been designed to offer 10 times of the annualized premium as death benefit plus high returns together with insurance coverage.
- DHFL Pramerica Smart Assure Plan: The Smart Assure Plan is a non-participating endowment plan • DHFL Pramerica. This policy provides with maturity additions along with flexible premium payment tenure.
- DHFL Pramerica Smart Income Plan: The Smart Income Plan is a non-participating guaranteed annual income plan designed by DHFL Pramerica. This policy offers an annual income plus flexible premium payment alternatives all through the policy period.
- DHFL Pramerica Smart Money Back Plan: The Smart Money Back Plan is a participating endowment plan from DHFL Pramerica. This policy has been specifically designed to offer liquidity at set milestones as well as regular bonuses throughout the policy term along with flexible policy terms.
- DHFL Pramerica eSave Plan: The eSave Plan is basically an online non-participating endowment plan from DHFL Pramerica. This policy offers guaranteed additions in addition to maturity benefits.
| Plan Name | Basic Sum Assured | Policy Term | ||||
|---|---|---|---|---|---|---|
| DHFL Pramerica Flexi Cash | 15 year term – Rs. 1,70,000/- 35 year terms – Rs. 2,00,000/- |
15, 25 & 35 years | ||||
| DHFL Pramerica Roz Sanchay | 16 year term – Rs. 1,00,000/- 21 year term – Rs. 21,000/- |
16 & 21 years | ||||
| DHFL Pramerica Aajeevan Samriddhi | Rs. 75,000/- | 99-entry age | ||||
| DHFL Pramerica Sahaj Suraksha | Rs. 1,00,000/- | 15 & 20 years | ||||
| DHFL Pramerica Smart DHFL Pramerica Cash Protect | Rs. 1,25,000/- | 12, 15 & 20 years | ||||
| DHFL Pramerica Wealth+ ACE |
|
10,15,20 & 25 years | ||||
| DHFL Pramerica Smart Wealth+ | Dependent on premium pay term | 5, 10, 15 & 20 years | ||||
| DHFL Pramerica Magnum Assure | Rs. 48,000 (per annum) | 10 & 15 years | ||||
| DHFL Pramerica Premier Gain | Rs. 3,50,000/- | 10, 15, 20 & 25 years | ||||
| DHFL Pramerica Smart Assure |
|
10, 15 & 20 years | ||||
| DHFL Pramerica Smart Income | 11 times of the annualized premium | 7-20 years | ||||
| DHFL Pramerica Smart Money Back | Rs. 1,20,000/- | 16 & 20 years | ||||
| DHFL Pramerica eSave | Depends on entry age, policy tenure and premium | 10, 15 & 20 years |
DHFL Pramerica Group Plans
DHFL Pramerica Life Insurance Company provides employers with the opportunity to offer their employees insurance plans that are inexpensive and comes with tax free claims in the event of the insured’s death. For the employers, DHFL Pramerica Group Plans offer tax benefits as well as the opportunity to give employees something back for their dedication and hard work.
These plans from DHFL Pramerica Life Insurance have been designed to offer a safety net in the form of insurance for individuals as well as groups and help them in terms of planning their savings intelligently.
- DHFL Pramerica Group Credit Life+ Plan:: The Group Credit Life+ Plan is basically a decreasing term group life insurance plan from DHFL Pramerica. This policy offers members a basic or enhanced life cover without medical. DHFL Pramerica Group Credit Life+ Plan also comes with built-in accident and terminal illness benefit.
- DHFL Pramerica Group Term Plan: As the name suggests, the Group Term Plan from DHFL Pramerica is a group term insurance plan. This policy has been designed to provide with guaranteed protection as well as a free-cover limit to increase protection.
- DHFL Pramerica Life Group Term Care Plan: The Life Group Term Care Plan is basically a non-linked, non-participating single premium group insurance plan from DHFL Pramerica. This policy offers members alternatives under the Sum Assured criterion in addition to either fixed/reducing Sum Assured all through the policy name on the basis of the eligibility schedules.
- DHFL Pramerica Sarv Suraksha: : The Sarv Suraksha plan from DHFL Pramerica is a group micro insurance plan. This policy has been designed to provide with comprehensive life cover at an reasonably priced premium.
| Plan Name | Basic Sum Assured | Policy Term |
|---|---|---|
| DHFL Pramerica Group Credit Life+ | Rs. 10,000/- | 2 years |
| DHFL Pramerica Group Term Plan | Rs. 1,000/- per member | Yearly Renewal |
| DHFL Pramerica Group Term Care | Rs. 5,000/- per member | 2 years |
| DHFL Pramerica Sarv Suraksha | Rs. 5,000/- per member | Yearly Renewal |
