Pramerica Life Insurance Limited is an insurance company in India. Pramerica Life Insurance Limited erstwhile DHFL Pramerica Life Insurance Company Limited is headquartered in Gurugram. The company provides a wide range of life insurance solutions for individuals as well as groups. We are committed to catering to our customers’ various financial protection needs such as securing their child’s future, retirement planning, tax saving, and wealth creation. Pramerica Life Insurance Limited started its operations across India in 2008. Pramerica Life Insurance is a joint venture between DHFL Investments Limited, a wholly-owned subsidiary of Dewan Housing Finance Corporation Ltd. (DHFL) Prudential International Insurance Holdings.
Pramerica Life Insurance Company Details
| Claim Settlement Ratio |
98.61% |
| Inception |
2013 |
| Branches |
133 |
| Employees |
2243 |
| Customers |
1.7M |
| Death Benefit Paid For |
560 Policies |
| Solvency Ratio |
1.83 |
Key Features of Pramerica Life Insurance Company
- Claim Settlement Ratio: It is very important to check the insurer’s claim settlement ratio (CSR) before investing in any plan. An insurance company that has a good claim settlement ratio as a higher ratio indicates better claim credibility for the company. As per the claim settlement
ratio, Pramerica’s life insurance ranking in India is 4th rank.
- Solvency Ratio: The solvency ratio of DHFL Pramerica Life Insurance Ltd helps an individual to know the company's ability to meet its long-term financial duty. The solvency ratio provides financial year information about the company. IRDAI declared that every life insurance company to maintain a solvency ratio of 1.5. As per IRDAI Annual Report 2019-20, the solvency ratio is Pramerica Life Insurance 1.83 which fulfills the set standards of IRDAI.
- Annual Premium: The annual premium of a company is regarded as a very useful metric that helps in determining its efficiency and insurance business performance in the industry. From the year 2016-17 to 2019-20 the company achieved the highest annual premium of Rs. 1844.46 crores. However, this premium amount dropped down to Rs. 1228.06 crores during the year 2019-20.
- Operating Network: Pramerica Life Insurance Company operates across the country with 133 branch offices and a strong workforce population of 2243 employees. The company provides excellent insurance products with affordable premium rates.
Benefits of Pramerica Life Insurance
- Excellent Customer Services: Pramerica Life Insurance has made the process of purchasing their policy a customer-friendly one. The company has a dedicated team of staff to provide services, including the servicing, renewals, and the claim process.
- Wide Range of Products: Pramerica Life Insurance offers a wide range of life insurance products such as online plans, term insurance, ULIPs, savings, health, child progress, and group plans. These plans are designed to fulfill the requirements of every individual.
- Online and Offline Premium Payment: The company offers you a chance to pay the premium for your policy in the online mode as well as the offline mode. You can choose whatever is appropriate for you.
- Tax Benefits: Pramerica Life Insurance Company offers you the income tax deduction according to sections 80C and 10(10D) of the Income Tax Act 1961.
Pramerica Life Insurance Plans List
Here is the list of pramerica life insurance products list
- Pramerica Life Insurance Protection Plans
- Pramerica Life Insurance ULIP Plans
- Pramerica Life Insurance Savings Plans
- Pramerica Life Insurance Child Progress Plans
- Pramerica Life Insurance Health Plans
- Pramerica Life Insurance Retirement Plans
- Pramerica Life Insurance Group Plans
Pramerica Life Insurance Protection Plans
i) Pramerica Life Saral Jeevan Bima
Pramerica Life Saral Jeevan Bima is a Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan.
Key Features:
- Protection: Secure your family’s future at a nominal cost
- Flexibility: Flexibility to choose Single Premium, Limited Premium (5 years or 10 years), or Regular Premium
- Tax Benefit: Avail tax benefit as per the prevailing tax laws
- Death Benefit: Avail Death benefit in case of unfortunate death of the policyholder
- Entry Age: Minimum: 18 Years, Maximum: 65 years
- Maturity Age: Maximum 70 Years
- Premium Payment Mode: Single, yearly, half-yearly, monthly
- Sum Assured: Minimum Rs. 5 lacs to Maximum Rs. 25 lacs.
- Policy Term: 5 to 40 years
ii) Pramerica Life TruShield
Pramerica Life TruShield is a plan specially designed to take care of your family's financial needs in your absence. This is a plan that provides pure life insurance cover along with a return of premium on maturity for the benefit of your loved ones.
Key Features:
- Comprehensive Protection: Life Insurance covers along with the Additional Shield Cover payable on the unfortunate death of insured
- Death Benefit: Flexibility to select the death benefit option as per your need
- Maturity Benefit: Return of all premiums paid, upon survival till completion of the policy term
- Premium Payment Options: Flexible to choose Premium payment options for a Limited Pay, Regular Pay, or as a one-time payment
- Tax Benefit: Avail tax benefit as per the prevailing tax laws
- Entry Age: Minimum: 18 Years, Maximum: 50 years
- Maturity Age: Maximum 65 Years
- Premium Payment Mode: Single, yearly, monthly
- Sum Assured: Minimum Rs. 5 lacs to Maximum Rs. 50 crores
- Policy Term: 7,10,12,15,20 years
iii) Pramerica Life U-Protect
Pramerica Life U-Protect is specially designed for you so that you can ensure that your family is secure and leads a comfortable life, even when you are not around.
Key Features:
- Comprehensive Protection: Comprehensive insurance protection plan at nominal cost
- Premium: Attractive premium rates for male and female lives. Lower premiums for maintaining a healthy non-smoking lifestyle
- Tax Benefit: Avail tax benefit as per the prevailing tax laws
- Entry Age: Minimum: 18 Years, Maximum: 55 years
- Maturity Age: Maximum 65 Years
- Premium Payment Mode: yearly, half-yearly
- Sum Assured: Minimum Rs. 25 lacs to No limit
- Policy Term: 10 years to 30 years
Pramerica Life Insurance ULIP Plans
i) Pramerica Life Wealth Enhancer
Pramerica Life Wealth Enhancer is a unit linked insurance plan specially designed to take care of your family's financial needs in your absence.
Key Features:
- Death Benefit: Avail Death benefit in case of unfortunate death of the policyholder
- Surrender Benefit: A Policy issued under this plan will acquire Surrender Value on payment of Single Premium.
- Maturity Benefit: On survival of the Life Insured till maturity date, Fund Value will be paid to you.
- Entry Age: Minimum: 1 Year, Maximum: 70 years
- Maturity Age: Minimum 18 years to Maximum 75 Years
- Premium Payment Mode: single
- Policy Term: 1 to 46 years
ii) Pramerica Life Wealth Maximiser
Pramerica Life Wealth Maximiser is a Unit Linked and Non-Participating Life Insurance plan which offers Life Cover for your family with high returns to help meet increasing expenses.
Key Features:
- Death Benefit: Avail Death benefit in case of unfortunate death of the policyholder
- Surrender Benefit: The Policy will acquire surrender value from the first Policy year but it becomes payable only after completion of the "lock-in period"
- Maturity Benefit: On survival of the Life Insured till maturity date, Fund Value will be paid to you.
- Entry Age: Minimum: 90days, Maximum: 65 years
- Maturity Age: Minimum 18 Years, Maximum 75 Years
- Premium Payment Mode: single, yearly, half-yearly, quarterly, monthly
- Policy Term: 5 to 30 years
- Premium Payment Term: Single pay, Limited pay, Regular Pay
iii) Pramerica Life Wealth+ Ace
Pramerica Life Wealth+ Ace is a Single Premium Unit Linked Insurance Plan specially designed to financially secure and protected the future for your loved ones.
Key Features:
- Death Benefit: Avail Death benefit in case of unfortunate death of the policyholder
- Maturity Benefit: On maturity, fund value including the value of persistency units will become payable.
- Systematic Transfer Plan: With a Systematic Transfer Plan, you can regularly invest a specific amount in one or more of the four funds
- Entry Age: Minimum: 90days, Maximum: 65 years
- Maturity Age: Minimum 18 Years, Maximum 75 Years
- Policy Term: 10, 15, 20, 25 years
- Premium Payment Term: Single pay
- Sum Assured: 1.25 times of Single Premium Subject to a maximum of Rs. 10 Crore
iv) Pramerica Life Wealth+ Ace
Pramerica Life Smart Wealth+ is a Unit Linked Non-Participating Life Insurance Plan that facilitates wealth creation for your planned milestones in life.
Key Features:
- Death Benefit: Avail Death benefit in case of unfortunate death of the policyholder
- Maturity Benefit: On survival of the Life Insured till maturity date, subject to Policy being in force for full risk benefits, the fund value will be paid to the Policyholder.
- Entry Age: Minimum: 8 years, Maximum: 55 years
- Maturity Age: Maximum 75 Years
- Policy Term: 20 years
- Premium Payment Term: 5,10,15,20 years
- Premium Payment Mode: yearly, half-yearly, quarterly, monthly
Pramerica Life Insurance Savings Plans
i) Pramerica Life Secure Savings Plan
DHFL Pramerica Life Secure Savings Plan, a savings cum protection plan that offers guaranteed annual income along with a lump sum savings booster paid out with the final income installment. This plan supports your family and helps you overcome any financial hurdle.
Key Features:
- Flexibility: Flexibility to Choose a Premium Payment Term
- Protection against unfortunate events: Get life cover during the policy term to secure your family when your absence.
- Guaranteed Income – Get guaranteed Annual pay-outs during the Pay-out Period after completion of Policy Term
- Tax Benefits: Avail tax benefits on the premiums paid and on benefits received as per applicable income tax laws
- Entry Age: Minimum: 5 years, Maximum: 60 years
- Maturity Age: Minimum 18 to Maximum 73 Years
- Policy Term: 13 years
- Premium Payment Term: 8, 10, 12 years
- Premium Payment Mode: yearly, half-yearly, quarterly, monthly
- Sum Assured: 11 X Annualised Premium
ii) Pramerica Life Smart Income Plan
Pramerica Life Smart Income is a Non-Linked Non-Participating Endowment Life Insurance plan that provides steady income through a guaranteed annual income benefit to make your loved ones financially independent in your absence.
Key Features:
- Flexibility: Flexibility to Choose a Premium Payment Term
- Guaranteed Annual Income: Get Guaranteed Annual Income for a duration equal to the Premium Payment Term
- Loan Availability: Option to avail loan against the policy
- Tax Benefits: Avail tax benefits on the premiums paid and on benefits received as per applicable income tax laws
- Entry Age: Minimum: 8 years, Maximum: 60 years
- Maturity Age: Minimum 18 to Maximum 73 Years
- Policy Term: 7 years to 20 years
- Premium Payment Mode: yearly, half-yearly, monthly
- Sum Assured: 11 X Annualised Premium
iii) Pramerica Life Smart Assure Plan
Pramerica Life Smart Assure offering a Non Linked Non Participating Endowment Life Insurance plan that provides guaranteed maturity and death benefit and secures your family’s financial needs.
Key Features:
- Flexibility: Flexibility to Choose a Premium Payment Term
- Guaranteed Maturity Benefit: comprising Base Sum Assured and Accrued Maturity Additions
- Loan Availability: Option to avail loan against the policy
- Tax Benefits: Avail tax benefits on the premiums paid and on benefits received as per applicable income tax laws
- Entry Age: Minimum: 8 years, Maximum: 46 years
- Maturity Age: Maximum 70 Years
- Policy Term: 10/12/15/16/18/20/22/24 years
- Premium Payment Mode: yearly, half-yearly, quarterly, monthly
- Sum Assured: Rs.75,000/- to No limit
iv) Pramerica Life Flexi Cash
Pramerica Life Flexi Cash is a non-linked participating endowment life insurance plan which gives you the flexibility to control your policy and that allows you to customize the benefits as per your financial needs.
Key Features:
- Flexibility: The policyholder has the freedom to pre-pone his/her policy maturity date anytime during the Flexi benefit period.
- Guaranteed Loyalty Benefit of 10% of the Annualised Premium each year from 2nd policy year onwards if the selected premium payment term is equal to 5 years, 10 years, or 15 years.
- Limited Premium Payment options of 5, 10, or 15 years
- Entry Age: Minimum: 8 years, Maximum: 60 years
- Maturity Age: Maximum 75 Years
- Policy Term: 15, 25, 35 years
- Premium Payment Mode: yearly, half-yearly, monthly
- Sum Assured: Rs.1,70,000/- to No limit
v) Pramerica Life Smart Cash Protect
Pramerica Life Smart Cash Protect is a non-linked participating endowment life insurance plan that provides regular cash benefits every year, along with life cover to meet your financial plans.
Key Features:
- Guaranteed Income Get Annual Payout equal to 6% of the Sum Assured from the 16th policy year onwards until the end of the policy or death, whichever is earlier
- Bonus Income In addition to Guaranteed Income, get an Additional annual payout of bonus income every year from the 16th Policy year and onwards until death or maturity whichever is earlier
- Limited Premium Payment: options of 12, 15, or 20 years based on your savings horizon
- Maturity Benefit: 50% of the Sum Assured plus Final Bonus
- Entry Age: Minimum: 18 years, Maximum: 55 years
- Maturity Age: Maximum 90 Years
- Policy Term: 30 to 67 years
- Premium Payment Mode: yearly, half-yearly, monthly
- Premium Payment Term: 12, 15, 20 years
- Sum Assured: Rs.1,25,000/- to No limit
vi) Pramerica Life Roz Sanchay
Pramerica Life Roz Sanchay is a Non-Linked Non-Participating Endowment Life Insurance savings cum protection plan that offers guaranteed benefits that keeps on increasing every policy year.
Key Features:
- Comprehensive Cover: Prevailing Death Benefit along with Accrued Annual Guaranteed Addition payable on the unfortunate death of the insured.
- Increasing Protection: The plan offers a special 'Increasing protection Death Benefit which allows policyholders to increase 5% of their base sum assured amount every year.
- Guaranteed Maturity Benefit: 150% of the Base Sum Assured along with Accrued AGAs payable at maturity, is guaranteed at the start of the Policy
- Loan Availability: Option to avail loan against the policy
- Tax Benefits: Avail tax benefits on the premiums paid and on benefits received as per applicable income tax laws
- Limited Premium Payment Term: 12 or 16 years
- Entry Age: Minimum: 8 years, Maximum: 55 years
- Maturity Age: Maximum 66 Years
- Policy Term: 16,21 years
- Premium Payment Mode: yearly, half-yearly, monthly
- Premium Payment Term: 12, 16 years
- Sum Assured: Minimum Rs. 80000/- to Maximum Rs. 5 crores
vii) Pramerica Life Magnum Assure
Pramerica Life Magnum Assure is a Non-Linked Non-Participating Endowment Life Insurance Plan which gives you double benefits and offers guaranteed monthly pay-outs to ensure that your family's financial needs are properly looked after.
Key Features:
- Guaranteed Monthly Income: Get Guaranteed Monthly Income for a duration equal to the Pay-out Period
- Guaranteed Death Benefit: Get a Guaranteed death benefit
- Loan Availability: Option to avail loan against the policy
- Tax Benefits: Avail tax benefits on the premiums paid and on benefits received as per applicable income tax laws
- Entry Age: Minimum: 18 years, Maximum: 55 years
- Maturity Age: Maximum 65 Years
- Policy Term: 10, 15 years
- Premium Payment Mode: yearly, monthly
- Premium Payment Term: Regular pay
Pramerica Life Insurance Child Progress Plans
i) Pramerica Life Rakshak Gold
Pramerica Life Rakshak Gold is a Non-Linked Non-Participating Endowment Life Insurance Plan that is specially designed to secure your future needs.
Key Features:
- Maturity Benefit: Provides guaranteed maturity benefit to taking care of your financial goals
- Increasing Annual Guaranteed Additions that increase after every 3 policy years
- Limited Premium Payment: 7 or 10 years
- Tax Benefit: Avail tax benefit as per the prevailing tax laws
- Entry Age: Minimum: 18 years, Maximum: 53 years
- Maturity Age: Maximum 65 Years
- Policy Term: 12, 15, 18 years
- Premium Payment Term: 7, 10 years
- Premium Payment Mode: yearly, half-yearly, monthly
- Sum Assured: Rs. 75,000 to 5 crores
Pramerica Life Insurance Health Plans
i) Pramerica Life Cancer+ heart shield
Pramerica Life Cancer+Heart Shield is a non-linked, non-participating fixed benefit individual health product that covers you against the financial impact of various critical illnesses along with cancer, heart problems.
Key Features:
- Plan Options: This plan provides various coverage options such as 1. Cancer Shield 2. Heart Shield 3. Cancer and Heart Shield 4. Comprehensive Shield
- This plan provides the benefit to cover another 26 listed major critical stage illnesses.
- Entry Age: Minimum: 18 years, Maximum: 65 years
- Maturity Age: Maximum 75 Years
- Policy Term: 10 to 40 years
- Premium Payment Term: Regular pay, equal to the policy term
- Premium Payment Mode: yearly, half-yearly, quarterly, monthly
- Sum Assured: Rs. 5 lacs to 50 lacs
Pramerica Life Insurance Retirement Plans
i) Pramerica Life Saral Pension
Pramerica Life Saral Pension plan is a non-linked non-participating individual immediate annuity plan that provides savings into an annuity to give you a guaranteed regular income in your retirement years.
Key Features:
- Retirement Income: Guaranteed regular income for your entire retired life.
- Return of purchase price: 100% Return of purchase price
- Medical test: No medical tests are required on purchase
- Loan: Avail loan on this plan in case of emergency
- Higher Annuity Rates: Get Higher Annuity Rates for large premiums
- Entry Age: Minimum: 40 years, Maximum: 80 years
- Premium Payment Mode: yearly, half-yearly, quarterly, monthly
- Annuity Amount: yearly-12,000/-, half-yearly-6000/-, quarterly-3000/-, monthly-1000/-
Pramerica Life Insurance Group Plans
| Plan Name |
What Is It? |
Entry Age |
Policy Term |
Group Size |
Sum Assured |
Premium Payment Mode |
| Pramerica Life Group COVID-19 Shield |
Pramerica Life Group COVID-19 Shield Plan is a Traditional Non-Participating, Non-Linked Fixed Benefit One Year Renewable Group Health Product that covers you against the financial impact of COVID-19. |
18 to 65 years |
1 year |
7 to No Limit |
25K, 50K, 75K, 1 Lakh |
Annual, Semi-Annual, Quarterly |
| Pramerica Life Group Traditional Employee Benefit Plan |
Pramerica Life Group Traditional Employee Benefit Plan is a non-linked, non-participating, fund-based, variable insurance group product that provides financial security to employees. |
18 to 79 years |
1 year |
10 to No Limit |
5000 per member |
Annual, Semi-Annual, Quarterly |
| Pramerica Life Group Health Kavach Plan |
Pramerica Life Group Health Kavach Plan is a traditional Non-Linked, Non-Participating, Fixed Benefit One Year Renewable and a Single Premium Credit Linked Group Health Insurance plan. |
14 to 65 years |
1 to 5 years |
7 members to No limit |
1000 per member |
Annual, Semi-annual, Quarterly, and Monthly |
| Pramerica Life Sampoorna Suraksha Plan |
Pramerica Life Sampoorna Suraksha plan is a comprehensive protection plan that provides financial protection against the risk of death of the group member. |
14 to 68 years |
6 months to 120 months |
5 members to No limit |
1000 per member |
Single premium |
| Pramerica Life Group Term Care Plan |
Pramerica Life Group Term Care Plan is a Non-linked Non-Participating Single Premium Group Term Life Insurance Plan that provides comprehensive financial protection against the risk of death of the group members. |
18 to 63 years |
2 years |
50 members to No limit |
5000 to 2 lakhs |
Single premium |
| Pramerica Life Group Term plan |
Pramerica Life Group Term plan is a yearly renewable term life insurance plan that provides protection for group and their families against death. |
18 to 75 years |
1 year |
50 members to No limit |
5000 to 1 crore |
Yearly, Half Yearly, Quarterly, and Monthly |
| Pramerica Life Sarv Suraksha Plan |
Pramerica Life Sarv Suraksha is a yearly renewable group term micro-insurance product that provides financial security to a group of people. |
18 to 65 years |
1 year |
5 members |
1000 to 2 lakhs |
Yearly, Half Yearly, Quarterly, and Monthly |
| Pramerica Life Group Credit Life Plus Plan |
Pramerica Life Group Credit Life+ is a decreasing Term Group Life Insurance Plan that helps you protect yourself from loan liabilities. |
18 to 65 years |
2 years |
50 members |
10000 to No limit |
Single-Premium |
| Pramerica Life Dengue Plus Group Shield Plan |
Pramerica Life Dengue Plus Group Shield Plan is a solution to cover you against the financial impact of various illnesses. |
18 to 65 years |
1 year |
50 members to No limit |
10000 to 50000 |
Annual, Semi-annual & Quarterly |
How to Buy Pramerica Life Insurance Policy Online at PolicyBachat?
The process of buying a life insurance policy online has become simple with PolicyBachat. All you need to do is fill out an application form and then make a payment for the premium. The entire process takes less than 15 minutes. Following steps to purchase the Pramerica life insurance policy online
- Step 1: Visit PolicyBachat’s official website and then enter the details such as Gender, Annual income from all the sources, Alcohol consumption and tobacco consumption, type of occupation, salary, and Date of Birth. After this, you need to enter your contact details to facilitate a call from our agent.
- Step 2: Now the premium from different insurance companies will be displayed on the screen. You can edit the details such as Coverage, Term, Premium payment method, Mode of claim settlement, etc. Submit the details to get the desired premium. The premium can be changed by changing other factors such as Coverage required, mode of payment, etc.
- Step 3: The next step is to select the best life insurance policy and then you can calculate your premiums using the pramerica life insurance premium calculator. You can change your premium by adding riders you want. After deciding on the premium, you can purchase a policy from PolicyBachat directly.
DHFL Pramerica Life Insurance Premium Calculator
The DHFL Pramerica Life Insurance Premium Calculator is a tool that calculates the premiums for different types of policies. The calculator can be used to calculate the premium for a Term Life Insurance policy, Whole Life Insurance policy, or a ULIP, etc. It also includes the option to compare two policies against each other and see how their premiums differ. The benefits of the Pramerica Life Insurance Premium Calculator are
- Accurate Calculation
- Instant Calculation
- Helps in Better Decision Making
Pramerica Life Insurance Price List
DHFL Pramerica Life insurance pricing can vary widely based on several factors, including:
- Age: Generally, younger individuals can secure lower premiums as they are statistically less likely to face health issues. Premiums tend to increase as you age.
- Health Condition: Your health plays a significant role in determining your life insurance premium. Insurers often require medical examinations or access to your medical history to assess your health risk.
- Coverage Amount: The higher the coverage amount (death benefit), the higher the premium. You need to balance your coverage needs with your budget.
- Policy Type: There are various types of life insurance, such as term life insurance, and whole life insurance. Each has different pricing structures.
- Smoking Status: Smokers typically pay higher premiums than non-smokers due to the increased health risks associated with smoking.
- Gender: In some cases, gender can play a role in pricing, as women tend to have longer life expectancies and statistically lower rates of certain health conditions.
- Occupation and Hobbies: Risky occupations and hobbies can lead to higher premiums, as they increase the likelihood of accidents or health issues.
- Location: The cost of living and healthcare can vary by location, which can influence premium costs.
- Policy Duration: For term life insurance, the duration of coverage can impact pricing. Longer terms often have higher premiums.
Riders and Add-Ons: Additional features or riders, such as critical illness or disability riders, can increase the premium but provide added protection.
For an Example:
For a 30-year-old male, with no Tobacco habit, a monthly income of 30 thousand, and a salaried individual and the total sum assured is 1 Crore, the payment term is up to retirement (70 years) would pay
- Monthly Premium of Rs. 627/-
- Quarterly Premium of Rs. 2100/-
- Half Yearly Premium of Rs. 4500/-
- Annual Premium of Rs. 9200/-
Click on the below button to calculate the life insurance price as per your requirement.
Life Insurance Premium Calculator
Pramerica Life Insurance Claim Process
- Step 1- Claim Intimation:
The first step is to intimate DHFL Pramerica life insurance customer care number: 1800-102-7070 and then Download the Pramerica Life insurance claim form from the website or collect the death claim intimation form from the nearest Pramerica Life insurance branch office and fill in the details and attach the documents required.
- Step 2- Claim Processing:
The filled claim form along with the required documents has to be submitted to the nearby branch of Pramerica Life Insurance Company. The claim officer will contact the nominee for further verification.
- Step 3- Claim Decision:
After the submission, the Pramerica life insurance company will verify the documents and assess the claim. You will be kept in the loop through regular messages and emails. Once everything is according to their rules, it will process the claim within 30 days.
Documents Required to Claim Pramerica Life Insurance
| Claim Type |
Documents Required |
| Death Benefit Claim |
- Original Policy Documents
- Duly Filled Claim Form
- ID Proof
- Death Certificate
- Address Proof
- Bank Account Details
- Other documents if required
|
| Accidental Death Claim |
- Post Mortem Report
- FIR Report
- Post-Mortem Report
- Police Inquest Report / Panchnama
- Final Report of the Police Investigation
- Medical Reports
- Other documents if required
|
| Critical Illness Claim |
- Duly Filled and signed Critical Illness Claim Form
- Pre and Post health reports
- Hospital Medical test reports
- Other documents if required
|
List of Life Insurance Companies:
Pramerica Life Insurance FAQs
How to Calculate Surrender Value of Pramerica Life Insurance Policy?
The surrender value of the Pramerica Life insurance policy is calculated as a Single premium multiplied by 75% of the outstanding term to maturity/ total term. In case of increasing term assurance, the surrender value is calculated as a Single premium multiplied by 80% of the outstanding term to maturity/ total term again multiplied by the average of effective sum assured at surrender and effective sum assured at the time of maturity/ Average of initial sum assured and effective sum assured at maturity.
What is Pramerica Prahari Life insurance Policy?
It is DHFL insurance for army people. Prahari policy is a non-participating, non-linked endowment life insurance policy that is designed to protect your family’s future. It offers guaranteed benefits, tax benefits, flexibility, etc.
How to Compare Pramerica Term Plan Premium Calculator Online?
You can compare Pramerica's term plan with other top leading insurers online using the premium calculator on our portal. The term plan premium calculator offers a premium, that you should be paid out based on the sum assured from your policy. It helps you obtain premium quotes in minutes without any documentation.
- Enter personal information such as name, gender, date of birth, yearly income, city, mobile number, and tobacco consumer or not, etc.
- The sum assured you wish your family/beneficiary to receive from your policy and Maturity coverage
- The premium calculator will recommend plans with different premium rates for you in accordance with the details you have provided.
- Once you have evaluated what plan is right for you, you can proceed to purchase it online without any delay.
How to do DHFL Pramerica Life Insurance Policy Download?
For downloading the Pramerica life Insurance policy copy, login to the website and then enter required details such as Policy Number, Name, and Phone number, etc. Go to Policy Document download options as Premium Receipt, Premium Notice, Unit Statement, Premium Paid Certificate, and GST Invoice. Select which policy document to download and print.
What is Surrender Payout in DHFL Pramerica Life Insurance?
It is the amount the policyholder will get from the Pramerica life insurance company if he decides to exit the policy before maturity. The policyholder has the flexibility to surrender the policy, any time after at least 2 consecutive years of premium payments.