|
|
|
|
|
|
|
Insurance Company
|
DLF Pramerica Life Insurance Company Ltd
|
|
Plan Name
|
DLF Pramerica Family Income Plan
|
|
Plan Nature
|
TRADITIONAL
|
|
Plan Category
|
Protection Plan
|
|
UIN No.
|
140N001V01
|
|
About Plan
|
DLF Pramerica Family Income Plan allows you to choose the monthly financial support that you would like your family to receive, even if you are not around. This amount would be paid on a monthly basis to your family from the date of your death till the end of the plan term, subject to a minimum guaranteed 36 monthly instalments.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
18 Years
|
|
Maximum Entry Age
|
55 Years
|
|
Minimum Policy Term
|
5 Years
|
|
Maximum Policy Term
|
30 Years
|
|
Minimum Premium
|
Rs.1000 Per annum
|
|
Maximum Maturity Age
|
65 Years
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Death Benefits
|
In case of the unfortunate death during the term of the Policy, the Nominee would receive the monthly income from the date of death till the end of the Policy tenure, subject to a minimum guaranteed 36 monthly instalments. The amount of monthly income benefit cover, once chosen at the time of inception of this Policy, cannot be changed. The lump sum benefit, if opted for, will be the discounted value of all future monthly income payable, discounted at rate of interest decided by the Company from time to time.
|
|
Loan against policy
|
No loans are available against this Policy
|
|
Surrender Benefit
|
No surrender benefits are payable at any point of time during the Policy term.
|
|
|
|
Tax Benefits
|
|
|
| Section | Description |
|
SEC 80 C
|
Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
|
|
SEC 10 (10)D
|
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
|
|
|
|
|
|
|
|
|
|
|
|
Traditional Accident Death Benefit Rider [140B001V01]
|
|
Traditional Critical Illness Rider [140B002V01]
|
|
|
|
|
|
|
|
|
|
DLF Pramerica Family Income Plan allows you to choose the monthly financial support that you would like your family to receive, even if you are not around. This amount would be paid on a monthly basis to your family from the date of your death till the end of the plan term, subject to a minimum guaranteed 36 monthly instalments.
|
|
Since this non-participating plan is a decreasing term risk plan, no benefits are payable on survival at the end of the term of the Policy. If you have not assigned the Policy, then:- In case of the unfortunate death during the term of the Policy, the Nominee would receive the monthly income from the date of death till the end of the Policy tenure, subject to a minimum guaranteed 36 monthly instalments. The amount of monthly income benefit cover, once chosen at the time of inception of this Policy, cannot be changed.- The lump sum benefit, if opted for, will be the discounted value of all future monthly income payable, discounted at rate of interest decided by the Company from time to time.- The Nominee would receive benefits arising out of DLF Pramerica Traditional Accidental Death Benefit Rider during the term of the rider, in case opted for.- The Life Insured or the Nominee would receive benefits arising out of DLF Pramerica Traditional Critical Illness Rider during the term of the rider, in case opted for.
|
|
DLF Pramerica Traditional Accidental Death Benefit RiderDLF Pramerica Traditional Critical Illness Rider
|
|
|
|
|
|
|
|
06-Aug-09
12:00
|
DLF is looking to exit its life insurance JV
|
|
10-Jul-09
10:21
|
DLF Pramerica has launched child ULIP plan DLF Pramerica Future Idol
|
|
19-Mar-09
11:25
|
DLF Pramerica Life Insurance opened Branch in Amritsar
|
|
23-Feb-09
10:53
|
DLF Pramerica Life launches 'Golden Age' a ULIP pension plan
|
|
29-Jan-09
16:51
|
Insurers to inform consumer on bouncing of cheque
|
|
29-Oct-08
12:05
|
IRDA asks ULIP performance report
|
|
|
|
|
View another Plan
|
|
|
|
|
Insurance Company
|
|
|
|
|
Solution for
|
|
|
|
|
Type
|
|
|
|
|
Category
|
|
|
|
|
Plan
|
|
|
|
|
|
|