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.

 

Riders

You can make the whole plan more comprehensive by adding additional benefits to your base plan. Riders are important add-ons since they enable you to customize the policy to suit your individual requirements and future needs. They help you derive maximum benefit from your insurance plans.

 

DHFL Pramerica Traditional Accidental Death Benefit Rider: [UIN: 140A003V02]

On death due to an ill-fated accident, the beneficiary gets an additional sum assured as chosen under this rider. It is available in addition to the basic death benefit under the base plan.

 

DHFL Pramerica Traditional Critical Illness Rider:[UIN: 140B002V02]

This Rider provides protection cover in case the life insured is diagnosed with/undergoes any of the 10 critical illnesses/conditions/surgeries namely aorta surgery, blindness, cancer of specified severity, open chest CABG,first heart attack of specified severity, open heart replacement or repair of heart valves, kidney failure requiring regular dialysis, major organ/bone marrow transplant, permanent paralysis of limbs and stroke resulting in permanent symptoms. If you were diagnosed with any of these specified illnesses, the critical illness benefit would be paid in lump sum subject to a survival period of atlea30 days. The base plan continues even after payment under this additional benefit.

 

Please refer to the rider brochure for detailed benefits before concluding a sale