1.What kind of a plan is Sahaj Suraksha?
Sahaj Suraksha is a participating limited premium traditional endowment insurance plan. This plan will have compound reversionary bonus and final bonus.

2.What is a participating plan?
A participating plan is a policy where the policyholder has an entitlement to sharing of any future surplus which may arise under the contract or under portfolio of the similar contracts. These profits are distributed to the policyholders
in the form of bonuses. There are various types of bonus given by insurance companies. Common bonuses are

  • Simple/ Compound Reversionary bonus;
  • Final bonus; and
  • Interim bonus

3.What type of reverionary bonus is in Sahaj Suraksha plan?
Sahaj Suraksha is a policy with compound reversionary bonus.


4.What is compound reversionary bonus?
Under this method the insurance company computes the annual bonus on a compound basis, i.e. the bonus is added to the sum insured and the next year's bonus is calculated on the enhanced amount.

5.What is Final bonus?
A final bonus is a bonus that may be payable on maturity, death or surrender of a with-profits contract that is typically a percentage, varying with duration in force and possibly with original policy term, of attaching reversionary bonuses and/or sum assured.

6.What is Interim bonus?
It is a bonus that a company may decide to pay to the policies resulting into claims by way of surrender, or death or maturity during the inter-valuation period

7.What is the minimum and maximum entry age?
Min Entry Age: 18 years
Maximum entry age depends on the premium payment term
     For PPT 15: 60 Years (Age Last Birthday)
     For PPT 20: 50 Years (Age Last Birthday)

8.What are the policy terms available?
Policy Terms available (75 - Entry Age) in complete years

9.Rahul, age 35 years, would like to know the policy term he can opt for?
Policy term = 75 - 35(Rahul's age) = 40.
Rahul's policy term is 40 years.

10.What are the premium payment terms?
Premium Payment Term 15 years and 20 year

11.What are the premium modes available?
The customer can pay premium by Monthly, Quarterly, Half Yearly and Yearly modes.

12.What is the minimum annual premium?
The minimum annual premium is Rs.6,144 (excluding Service Tax & Education Cess)

13.What is the minimum basic sum assured available?
The minimum basic sum assured available is Rs.1lac

14.What would be payable in case of an unfortunate event of death of life insured?

In case of such an unfortunate event, the policy terminates and the benefits payable will be sum of:

  • Death Sum Assured;
  • Accrued Compound Reversionary Bonuses;
  • Interim bonus, if any;
  • Final Bonus, if any

15.What will be the Basic death benefit?

Where Death Sum Assured is:


For entry age - less than 45 years the Death Sum Assured will be maximum of:

  • 11 * Annualized Premium
  • (70 - Age at entry) * 0.5 * Annualized Premium
  • Basic Sum Assured


For entry age - 45 years and above the Death Sum Assured will be maximum of:

  • 11 * Annualized Premium
  • (70 - Age at entry) * 0.25 * Annualized Premium
  • Basic Sum Assured

16.What would be payable in case of maturity?

On maturity at age 75 last birthday last of policy anniversary, the policyholder will receive a maturity benefit equal to sum of:

  • Basic Sum Assured chosen at inception of the policy;
  • Accrued Compound Reversionary Bonuses;
  • Final Bonus, if any

17.How can the plan be bought?

  • Select a basic sum assured subject to a minimum of Rs.1,00,000
  • Chose the duration for which you want to pay your premiums from 15 years or  20 years.
  • Pay the premium based on the age, basic sum assured and the premium payment term chosen.

18.Can the premium payment term be changed at a later date?
No, premium payment term once chosen cannot be changed at a later date.

19.Can the policy be surrendered?
Yes, the policy can be surrendered after paying premium for first 3 policy years in full.

20.In case of surrender of policy will the customer get any surrender value?
Yes, the customer will get surrender value and the policy will terminate and no further benefits would be paid on death or maturity.

21.What happens if I am unable to pay premium befor first 3 policy years?
The policy will lapse without any value and no benefits would be payable. Such lapsed policies can be revived within a period of two years from the date of first unpaid premium by paying all due premiums with interest.

22.What happens in case after paying premium for first 3 full policy years, the policyholder does not pay subsequent premium within grace period?
The policy will be converted into a Paid-Up policy with following paid-up value.
        Paid-Up Value = Paid-Up Sum Assured + Accrued Reversionary Bonuses till the date of paid up
        + Final Paid-up Bonus, if any
Paid-Up Sum Assured = (T/N * Basic Sum Assured) 
Where, T = Number of premiums paid
        N = Number of premiums payable
The Paid-up value is payable on subsequent death, if occurs before end of policy term or on maturity at end of the policy term. On surrender of a paid-up policy, a surrender value will be payable.

23.Can I reinstate the policy at a later stage?

  • Revival of a policy is available for up to 2 years from the date of first unpaid premium.
  • Payment of all unpaid premiums with interest is required to reinstate the policy in all cases.
  • Once the policy is revived, all the benefits and bonuses under the policy would be reinstated.
  • On revival of a paid-up policy, any final paid-up bonus added at the time of conversion of a policy to paid-up would be reversed.

24.Can a customer take a loan on this policy?Yes, loans are available under the Sahaj Suraksha policy after the policy acquires surrender value, up to 90% of the surrender value. The rate of interest applicable on the loans will be declared by the Company from time to time.


25.What are the exclusions in this policy?
If the insured commits suicide within 12 months from the date of commencement or date of revival of the policy, higher of the total premium paid till date (without interest, excluding underwriting extra (if any), service tax and education cess) and surrender value (if any) will be paid.

26.What is the Grace period available under the Sahaj Suraksha plan?
30 days from the premium due date is allowed for payment of premiums through all modes.

27.Is occupational extra applicable?
Yes, if the occupation is associated with any specific hazard as mentioned in the application form.

28.What are the tax benefits available under the DHFL Pramerica Sahaj Suraksha?
Tax benefits will be applicable as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor for details.