DFL Pramerica Premier Gain Analysis
DHFL Pramerica Premier Gain – Overview
DHFL Pramerica Premier Gain is a participating, non-linked, endowment insurance plan. The insurance premium for this savings cum protection plan has to be paid for a limited period of time in order to enjoy attractive returns and financial protection for the entire policy term.
Key Features
• Life Insurance Cover: This participating, non-linked, endowment insurance plan provides an insurance cover which provides financial security to the family if something were to happen to the life insured
• Value for Money: This cost effective insurance plan provides attractive returns along with a comprehensive insurance cover
• Choice of Policy Term: The plan offers 4 choices for the term of the policy viz. 10, 15, …show more content…
75,000
• For a policy term of 15, 20 and 25 years: Rs. 50,000 No limit (subject to underwriting)
Policy Details
Bonuses: The policyholder is eligible to participate in the profits (surplus) arising from the portfolio of such insurance policies. The bonuses are not guaranteed as they are based on the performance of the relevant participating fund. The insurance company carries out an annual valuation at the end of each financial year and may declare following bonuses:
• Compounded Reversionary Bonus: This regular bonus is expressed as a percentage of the total of Base Sum Assured and Reversionary Bonus already attached to the policy. Any bonuses declared by the insurance company in the first 3 policy years vest in the policy, once the policy is in force for full policy benefits during the 3 policy years. However, this condition does not apply to those policies where the Death Benefit has been claimed during this
DHFL Pramerica Premier Gain is a participating, non-linked, endowment insurance plan. The insurance premium for this savings cum protection plan has to be paid for a limited period of time in order to enjoy attractive returns and financial protection for the entire policy term.
Key Features
• Life Insurance Cover: This participating, non-linked, endowment insurance plan provides an insurance cover which provides financial security to the family if something were to happen to the life insured
• Value for Money: This cost effective insurance plan provides attractive returns along with a comprehensive insurance cover
• Choice of Policy Term: The plan offers 4 choices for the term of the policy viz. 10, 15, …show more content…
75,000
• For a policy term of 15, 20 and 25 years: Rs. 50,000 No limit (subject to underwriting)
Policy Details
Bonuses: The policyholder is eligible to participate in the profits (surplus) arising from the portfolio of such insurance policies. The bonuses are not guaranteed as they are based on the performance of the relevant participating fund. The insurance company carries out an annual valuation at the end of each financial year and may declare following bonuses:
• Compounded Reversionary Bonus: This regular bonus is expressed as a percentage of the total of Base Sum Assured and Reversionary Bonus already attached to the policy. Any bonuses declared by the insurance company in the first 3 policy years vest in the policy, once the policy is in force for full policy benefits during the 3 policy years. However, this condition does not apply to those policies where the Death Benefit has been claimed during this