back
Product Information
Protection Plans DHFL Pramerica Family Income
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
DHFL Pramerica Family Income plan is a non-participating decreasing term plan that helps take care of your family’s financial requirements in your absence in the form of monthly payouts.

Features:

fjrigjwwe9r3SDPrivInsuProd:Features
fiogf49gjkf0d
  • An economical way to protect your family against financial liabilities in case of an uncertainty
  • Regular Monthly Income
  • Additional protection with riders
  • Attractive premium rates for male & female lives

Benefits:

fjrigjwwe9r3SDPrivInsuProd:Benefits
  • Since this non-participating plan is a decreasing term plan, no benefits are payable on survival to the end of the term of the policy.
  • In case of the unfortunate death during the term of the insurance policy, the nominee would receive the monthly income benefit from the date of death till the end of the policy tenure, subject to a minimum guaranteed 36 monthly installments. The amount of monthly income benefit cover, once chosen at the time of inception of this policy, cannot be changed.
  • If you have opted for the lump sum benefit, you will get the discounted value of all future monthly income payable, discounted at the rate of return decided by the company from time to time.
  • The nominee would receive benefits arising out of DHFL Pramerica Traditional Accidental Death Benefit Rider during the term of the rider, in case you have opted for it.
  • The insured person or the nominee would receive benefits arising out of DHFL Pramerica Traditional Critical Illness Rider during the term of the rider in case opted for.
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
fiogf49gjkf0d
Minimum Maximum
Entry Age 18 years 55 years
Policy Term 5 years 30 years
Benefit Expiry Age 65 years
Monthly Family Income 2,000 No limit
Premium Depends on the monthly income selected subject to the minimum of 1,000 p.a. (for annual,semi-annual & quarterly modes) 1,200 p.a for monthly mode
Premium Payment Option Regular Pay
Premium Payment Modes Annual/Semi-annual/Quarterly/Monthly