A number of protected and savings plan policies related to life insurance are provided by DHFL Pramerica. You can refer to loanbaba.com for all the information.
It is a decreasing term non participating DHFL Pramerica plan in India which looks after the financial requirements of the policyholder’s family when he is absent, by providing payments monthly.
Features | Min. | Max. |
---|---|---|
Age of Entry | Eighteen years | Fifty five years |
Period | Five years | Thirty years |
Benefit Expiry Period | Nil | Sixty five years |
Benefit(monthly) | Two thousand Rupees | LIMITLESS |
Premium | Subject to selected monthly income Semi-annual, annual and quarterly modes are subject to a minimum of one thousand per annum. Monthly mode is subject to 1,200 INR per annum | LIMITLESS |
Option for Premium Payment | Regular Pay | |
Modes of Premium Payment | Monthly/quarterly/semi-annual/annual |
It is a benefit term plan which provides a monthly advantage thereby protecting the policyholder’s family in time of needs and insures their life in the absence of the holder.
Features | Min. | Max. |
---|---|---|
Age of Entry | Eighteen years | Fifty years |
Period | Ten years | Thirty years |
Benefit Expiry Age | Nil | Sixty-five years |
Benefit(Monthly) | Four Thousand | LIMITLESS |
Premium |
2000 Rupees (quarterly/semi-annual/annual modes) 2400 Rupees (monthly mode, annual premium) |
LIMITLESS |
Payment Choice for Premium |
Regular | |
Payment Modes for Premium |
Monthly/Quarterly/Semi-annual/Annual |
It is a LIC term plan which ensures the holder’s family safety even if he dies.
Features | Minimum | Maximum |
---|---|---|
Age for Entry | Eighteen years | Fifty five years |
Period | Ten years | Thirty years |
Benefit Expiry Period | Nil | Sixty five years |
Benefit(monthly) | Four thousand | LIMITLESS |
Assured amount | Twenty five lakh | LIMITLESS |
Payment Choice for premium |
Regular | |
Payment Modes for premium |
Half-yearly/Yearly |
Suppose Mr. Ram who is a non-smoker and 35 years of age has bought Term Plan by DHFL Pramerica, for an assured amount of fifty lakh rupees with tenure of twenty years, mode being annual. A premium of 7,750 is paid by him. Now if he dies in an accident, his family will receive the assured amount.