Entry Age (years)
Minimum
18
Maximum
50
Maximum Maturity Age (years)
65
Policy Term (years)
Minimum
10
Maximum
30
Sum Assured (Rs)
Minimum
Monthly income benefit of Rs 4000
Maximum
No Limit
Minimum Premium (Rs)
Yearly
2000
Quarterly
500
Monthly
200
Premium Payment Frequency
Yearly, Half Yearly, Quarterly and Monthly
Premium Payment Term
Regular, equal to policy tenure
Policy Cover
Cover remains fixed for the tenure of the policy
Other Features
Free Look Cancellation
In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered
Grace Period
You are allowed to pay premiums within 30 days from the due date. If a due premium is not received within the grace period of 30 days, your policy will lapse and the life insurance cover, including the rider cover, if any, will be terminated
Lapsed Policy Reinstatement
You can reinstate your lapsed policy any time (within 3 years from the due date of the first unpaid premium) by paying all the due premiums and undergoing underwriting requirements, if any
Tax Benefits
Section 80C and Section 10 (10D) of the Income Tax Act, 1961 would apply. . Premiums paid for Critical Illness Rider may qualify for deduction under Section 80D of the Income Tax Act, 1961
Exclusions
In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable
Surrender Value
There is no surrender benefit in this plan
Customer Service
Address
DLF Pramerica Life Insurance Company Limited, 4th Floor, Building 9B, Cyber City, DLF City Phase-III, Gurgaon - 122002
Call On
1800-102-7070
SMS
5607070
Available Rider(s)
DLF Pramerica Traditional Accidental Death Benefit Rider: covers death due to an accident
DLF Pramerica Traditional Critical illness Rider: The 10 critical illnesses are Aorta Surgery, Blindness, Cancer, Coronary Artery Bypass Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Organ Transplant, Paralysis And Stroke. There is a survival period of 30 years to claim the benefit.
Rider Conditions
Entry Age (years)
Minimum
18
Maximum
55
Maximum Maturity Age (years)
65
Rider Term (years)
Minimum
5
Maximum
30
Sum Assured (Rs)
Minimum
50000
Maximum
50 lakh for ADDB Rider ; 25 lakh for Critical Illness rider
Rider Premium (Rs)
Rider premiums vary for each policyholder. For instance, if a 30-year old male opts for the ADB rider for Rs 5 lakh sum assured over a 10 year tenure; the annual ADB rider premium works to Rs 425
