DHFL Pramerica ULIP Plans

The following are the major types of DHFL Pramerica ULIP Plans. All of these cater to a variety of needs of the different types of users. One can opt for any of them, whichever they feel suits their needs and budget.

The DHFL Pramerica Smart Wealth+

The DHFL Pramerica Smart Wealth+ is identified as a non-participating unit-linked insurance plan which facilitates the process of wealth creation for the planned milestones of life.

Features

• High Returns to create wealth in the long term.
• Loyalty Additions as Persistency Units or Reward Units at the end of 10th, 15th and 20th Policy year
• Fund Conservation option to safeguard your fund value from market fluctuations
• Enhanced Protection through optional Accidental Death Benefit Rider
• Flexibility to choose your Premium Payment Term

Benefits

• Maturity Benefit: On survival of the Life Insured till maturity date, the fund value will be paid to the Policyholder.

• Death Benefit: On unfortunate demise of the Life Insured during the Policy Term, the Policy will pay Death Benefit which is equal to higher of Sum Assured or Fund Value subject to a minimum of 105% of Premium paid.

Eligibility

The DHFL Pramerica Wealth+ Ace

The DHFL Pramerica Wealth+ Ace is identified as a single premium unit linked insurance plan, which assists an individual in achieving the planned milestones by creating investment opportunities, thus facilitating the individual with a financially secured as well as protected future for the loved ones.

Features:

• Persistency Units: The Company will add persistency units to your unit account at the end of every 5th year, starting from 10th Policy Anniversary, provided they fall within the Policy Term

• Systematic Transfer Plan: Avail the option of investing specific amounts on monthly intervals basis, through our 'Systematic Transfer Plan'

• Enhanced Protection: Enhance the level of protection by adding rider/s to your plan

Benefits

• Maturity Benefit: On maturity, fund value including the value of persistency units will become payable.

• Death Benefit: In the event of death, the Policy pays higher of Sum Assured less Partial Withdrawals (if applicable) or Fund Value (including the value of persistency units) or 105% of Premium paid.

• Systematic Transfer Plan (STP): With Systematic Transfer Plan (STP), one can invest a specific amount in a regular fashion in one or more of the four funds mentioned below, and decide the proportion of money he/she would like to invest in each fund at monthly intervals subject to minimum of 10% of single premium. This gives the advantage of rupee cost averaging. Thus, the insured buys more units when markets are down and fewer units when markets are up, thereby reducing the average cost of purchase of units in the funds selected. Apart from choosing the amount, the Policyholder also needs to choose the duration/ period over which he/she would like to avail STP from the available options of 6 or 12 months.

• Persistency Units: As a commitment towards investors wealth creation objective, while the Policy is in force, Persistency Units as a percentage of average fund value at preceding 36 monthly anniversaries, will be added to the Policyholder's unit account at the end of every 5th Policy year starting 10th Policy Anniversary until the end of the Policy Term.

Eligibility