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Insurance Company
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DLF Pramerica Life Insurance Company Ltd
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Plan Name
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DLF Pramerica Assure Money Plus
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Plan Nature
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TRADITIONAL
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Plan Category
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Savings & Investment Plan
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UIN No.
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140N021V01
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About Plan
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Just like DLF Pramerica Assure Money Plus, a plan that gives the assurance of a minimum guaranteed benefit at maturity along with the advantage of a life insurance cover. So that the future of your family gets secured and it's forever filled with cheer.
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Minimum Entry Age
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90days
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Maximum Entry Age
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60years
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Maximum Maturity Age
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75years
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Maximum Policy Term
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10,15,20 and 25years
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Minimum Sum Assured
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Rs.50000
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Maximum Sum Assured
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No limit subject to underwriting
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Benefits
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| Particulars | Description |
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Maturity Benefits
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Is payable once the policy matures at the end of the policy term. You will receive the following benefits.
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Maturity Benefits
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a) Base sum assured chosen at inception plusb) Accrued Annual Regular Additions plusc) Guaranteed Maturity Additions.
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Death Benefits
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In an unfortunate case where the life insured dies after attaining age of 8years last birthday as on last policy anniversary date, the policy will pay the following benefits.
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Death Benefits
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a) 2 times the sum assured chosen at inception PLUs.b) Annual Regular Additions accrued till the date of death.
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Death Benefits
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In case the life insured dies before attaining age 8years last birthday as on last policy anniversary, the policy will pay the total premiums received til date (after deducting service tax, education cess and underwriting extra) with interest. In case customer has opted for any riders, benefits will be paid accordingly subject to terms and conditions of the rider.
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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To help earn and grow benefits regularly, we add an amount 'Annual Regular Additions' based on your sum assured at the end of every policy year.
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At maturity, your policy gives you back a guaranteed benefit amount.
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In case of unfortunate demise of the life insured, the policy gives double the sum assured along with the accrued Annual Regular Additions .
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Flexibility to borrow against the policy
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Increased security with additional rider options.
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06-Aug-09
12:00
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DLF is looking to exit its life insurance JV
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10-Jul-09
10:21
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DLF Pramerica has launched child ULIP plan DLF Pramerica Future Idol
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19-Mar-09
11:25
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DLF Pramerica Life Insurance opened Branch in Amritsar
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23-Feb-09
10:53
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DLF Pramerica Life launches 'Golden Age' a ULIP pension plan
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29-Jan-09
16:51
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Insurers to inform consumer on bouncing of cheque
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29-Oct-08
12:05
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IRDA asks ULIP performance report
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