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Product Information
Saving And Investment Plans DHFL Pramerica Smart Income
Synopsis:
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DHFL Pramerica Smart Income plan is a Non-participating Guaranteed Annual Income plan that lets you customize it to suit your future financial needs.

Features:

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  • Guaranteed Annual Income (Payout): Get Guaranteed Annual Income for a duration equal to the Premium Payment Term
  • Align Policy as per your needs: Flexibility to choose from various Premium Payment Term options for each Policy Term
  • Flexibility to avail loan: Option to avail loan against the policy
  • Tax Benefits as per the prevailing tax laws

Benefits:

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  • Death Benefit
  • Maturity Benefit
  • Payout Period
  • Tax Benefits
  • Loan Availability

Highlights:

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  • To get regular Guaranteed Annual Income to meet your expenses towards important milestones
  • To meet your future financial needs, the way you want
Eligibility:
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Age at entry Minimum Maximum
8 Years, subject to minimum age at maturity 18 years. 55 Years
Maturity Age Minimum Maximum
18 Years 65 Years
Policy Term Minimum Maximum
7 Years 20 Years
Premium Payment Terms Policy Term(Years) Premium Payment Term Options(Years)
7
8
9
10
11
12
13
14
15
16
17
18
19
20
5
5 or 6
5,6, or 7
5, 6, 7, 8, 9 or 10
6, 7, 8, 9, 10 or 11
7, 8, 9, 10, 11 or 12
8, 9, 10, 11, 12 or 13
9, 10, 11, 12, 13 or 14
10, 11, 12, 13, 14 or 15
11, 12, 13, 14 or 15
12, 13, 14 or 15
13, 14 or 15
14 or 15
15
Payout Period Equal to Premium Payment Term
Annual Premium Minimum Annual Premium Maximum Annual Premium
24,000 No Limit, but subject to underwriting
Premium Paying Mode Yearly, Half Yearly and Monthly
For Policy Term less than 10 years, only Annual mode of premium payment is available
Base Sum Assured 11 X Annualized Premium