Pramerica Life Insurance Limited

Pramerica Life Insurance Limited, formerly known as DHFL Pramerica Life Insurance Company Limited is a renowned name in Indias life insurance industry. The company started its operations across India in 2008 and is a joint venture between DHFL Investments Limited, which is a wholly-owned subsidiary of Dewan Housing Finance Corporation Ltd. (DHFL), and Prudential International Insurance Holdings. Ever since its inception, this company has made significant growth in terms of its annual premium, customer service and distribution networks. It has a pan India presence through a number of distribution channels which have been specifically designed and customized to address the needs of their potential customers.

Pramerica Life Insurance offers a wide range of life insurance plans that are carefully crafted to fulfill customers various financial protection needs such as securing their childs future, retirement planning, savings and wealth creation. The company works with a vision to secure and enrich every life that they touch.

Achievements of Pramerica Life Insurance Limited

Due to its commitment and excellence in delivering best services to its customers, Pramerica Life Insurance has achieved several awards and accolades. Given below is a list of some of the most prestigious awards received by this company. Read along to find out.

• The company was awarded with the "Pride of the Nation" award from Union Home Minister Shri Rajnath Singh on 16th December 2018 in New Delhi.
• Pramerica Life Insurance was adjudged winner for the Sales Championship in the Life Insurance category at the 5th Annual Economic Times Insurance Summit 2018.
• SKOCH Consultancy honored Pramerica Life Insurance Limited with SKOCH Order-of-Merit in the two categories namely Corporate Social Responsibility initiative (Behtar India) and Group and Partnership distribution.
• Pramerica Life Insurance Limited received Golden Star Awards in two categories namely Corporate Social Responsibility initiative(Behtar India) and Claims Service of the year.

• The company received 'National Award for Marketing Excellence by Times Network Group in 2018.
• In 2016, Pramerica achieved the 'Website of the Year title for being the most popular & best website of the year in the insurance category.

Key Features of Pramerica Life Insurance Limited

As per the data of Insurance Regulatory and Development Authority of India (IRDAI), there are 24 life insurance companies that cater to different types of life insurance products in India. Given such a plethora of insurance providers available in the market, it is quite obvious to feel confused while selecting the ideal insurer for yourself. To help you in clearing your doubts, we've listed down the key features of Pramerica Life Insurance Limited that will highlight the benefits offered by the company and assist you in determining whether this company is right for you.

**Last Updated on 22-04-2021

Given below is a brief explanation of these features. Lets understand them in detail.

1. Annual Premium

   The annual premium of a company is regarded as a very useful metric that helps in determining its efficiency and business performance in the industry. If we talk about the annual premium of Pramerica Life Insurance, it can be said that the company has witnessed unsteady growth in its annual premium over the last four years. From the year 2016-17 to 2019-20 the company achieved the highest annual premium of Rs. 1844.46 crores. However, this premium amount dropped down to Rs. 1228.06 crores during the year 2019-20.

   To get a more clear picture about the annual premium of Pramerica Life Insurance, refer to the chart given below.

   Annual Premium Of Pramerica Life Insurance Company from 2016 to 2020

   

   *Data Sourced from IRDAs annual reports

2. Claim Settlement Ratio

   All of us consider buying a life insurance plan so that we can ensure future financial safety of our family, if in case we die an unexpected death. And if such a thing happens and your insurer fails to provide your family the required financial protection, then all your efforts of buying the insurance would be of no use. Therefore, it is very important to check the claim settlement ratio (CSR) of the insurer before investing in any plan. Higher the CSR, better is the claim credibility of the company. In the case of Pramerica Life Insurance, the company had witnessed a significant growth in its claim settlement ratio since last few years. In 2019-20, the CSR of the company stood at 98.42%.

   The graph given below shows the performance of this companys claim settlement ratio from 2016 to 2020.

   Claim Settlement Ratio of Pramerica Life Insurance

   

   *Data sourced from IRDAIs annual report of 2017-18, 2018-19 and 2019-20.

3. Solvency Ratio

   To get an idea about the financial reputation and trustworthiness of any insurance company, the first factor that you should consider checking is its solvency ratio. This is because the solvency ratio helps in measuring the ability of the insurance company to meet its long term debt obligations and other monetary commitments. As per IRDAI, all life insurance companies in India are obliged to maintain a solvency ratio of at least 1.5% i.e., called a healthy ratio and Pramerica Life Insurance has managed to maintain a solvency ratio of more than 1.5% over the past few years. At present, the solvency ratio of the company is 3.46%. However, it should also be noted that there has been a significant fall in this companys solvency ratio over the last four years.

   For your convenience, we've created a graph below that highlights the solvency ratio of Pramerica Life Insurance for the last four years. This chart will help you in establishing a more clear idea about the financial soundness of the company.

   Solvency Ratio of Pramerica Life Insurance

   

   *Data sourced from IRDAIs annual report of 2017-18, 2018-19 and 2019-20.

4. Operating network

   In order to ensure that its services are available to all segments of the society, Pramerica Life Insurance operates a PAN India presence through a large number of operating and distribution networks. At present, the company has 138 branch offices that are located in various different cities across the country and a strong workforce population of 2652 employees. Ever since its inception, the company has served around 4.4 million customers and helped them in securing their lives.

Life Insurance Plans by Pramerica Life Insurance Limited

Pramerica Life Insurance offers a variety of life insurance products that are well-suited to meet both (investment and life cover) needs of its customers. With a list of 18 Pramerica life insurance plans, customers can easily purchase the one to safeguard their future.

The table given below provides a summarized view of all the life insurance plans offered by Pramerica Life Insurance. Lets check them out.

**Last Updated on 22-04-2021

To determine which is the ideal plan for you, let's study these plans in detail. Given below is a brief explanation of all the 18 life insurance plans offered by the company.

Pramerica Life Protection Plans

There are three plan variants available within the Protect plan category. We've described all these three plans in detail below.

1. Pramerica Life Saral Jeevan Bima

   Pramerica Life Saral Jeevan Bima is a non-linked, no participating individual pure risk premium life insurance plan that offers life insurance cover at an affordable cost to provide financial protection to the policyholder and his family members.

   Key Features:

   • The plan provides financial protection to secure the policyholder's familys at a nominal cost.
   • Customers have the option to choose from a single premium, limited premium, or regular premium option.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 years	65 years
   Maturity Age	N/A	70 years
   Sum Assured	Rs. 5,00,000	Rs. 25,00,000
   Premium Payment Mode	Single/Yearly/Half-Yearly/Monthly
   Policy Payment Options	Regular, Limited & Single Premium

   **Last Updated on 22-04-2021

2. Pramerica Life TruShield

   Pramerica Life TruShield is a non-linked, non-participating term life insurance plan that offers a return on premium. The plan is specially designed to take care of your family's financial needs in case you are no longer around to take care of them.

   Key Features:

   • The plan offers the flexibility to select the Death benefit option as per your need - Level Cover or Reducing Cover.
   • Upon survival of the policyholder till completion of the policy term, the policyholder is eligible to get the return of all the premiums paid (excluding extra premium and taxes, if any).

   Eligibility Criteria:

   Policy Term	7 Years	10 Years	12 Years	15 Years	20 Years
   Maximum Entry Age	50 Years	55 Years	50 Years	50 Years	45 Years
   Minimum Entry Age	18 years
   Maturity Age	65 Years
   Minimum Sum Assured	Rs. 5,00,000
   Maximum Sum Assured	Rs. 50 Crores
   Premium Payment Mode	Single, Annual, and Monthly
   Policy Payment Options	Limited, Regular & Single Pay

   **Last Updated on 22-04-2021

3. Pramerica Life U-Protect

   Pramerica Life U-Protect is a non-linked, non-participating term life insurance plan that is designed to provide financial protection to the family of the insured in case of his/her sudden demise.

   Key Features:

   • The plan offers comprehensive insurance protection at a nominal cost.
   • The plan encourages people to quit smoking by offering a lower premium for maintaining a healthy lifestyle.
   • There are attractive premium rates available for male and female customers.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 years	55 years
   Maturity Age	N/A	65 years
   Sum Assured	Rs.25,00,000	No limit subject to underwriting
   Premium Payment Mode	Yearly, Half Yearly
   Policy Payment Options	Regular

   **Last Updated on 22-04-2021

Pramerica Life ULIP Plans

There are four variants available within the ULIP life insurance plan category. Lets discuss these plans in detail.

1. Pramerica Life Wealth Enhancer

   Pramerica Life Wealth Enhancer is a perfect combination of savings & protection. It is a Unit Linked Non-Participating Single Premium Life Insurance plan and allows you to pay just once and enjoy the benefits of up to 20 years.

   Key Features

   • The plan offers the flexibility of fund conservation at maturity to protect your fund value from market fluctuations.
   • The plan comes with a special feature called 'Fund conservation at Maturity that allows policyholders to safeguard their fund value from market fluctuations.
   • This plan includes wealth booster benefits that allow increasing the plan's fund value after specific time intervals.
   • Under the 'Life Stage Portfolio option available within this plan, customers can manage their funds by creating a balance between Equity oriented and Debt oriented funds through systematic allocation based on their age.
   • Upon maturity of the policy, policyholders will receive maturity benefit as a structured payout for up to 5 years post maturity by availing settlement option.

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	1 year	70 years
   Maturity Age	18 years	75 years
   Premium Amount	Rs.25,00,000	No limit subject to underwriting
   Premium Payment Term	Single Pay

   **Last Updated on 22-04-2021

2. Pramerica Life Wealth Maximiser

   Pramerica Life Wealth Maximiser is a unit-linked non-participating life insurance plan that allows policyholders to enjoy the benefit of choosing an adequate life cover based on their desired level of protection.

   Key Features:

   • Customers have the option to select an adequate life cover based on their desired level of protection from multiple options of sum assured based on the entry age.
   • The plan offers the flexibility to choose from single, regular, or limited premium payment tenures.
   • The plan allows policyholders to choose the investment strategy as per their needs and requirements. There are two strategies-

     1. Defined Portfolio Strategy

     2. Life Stage Portfolio Strategy

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	90 days	65 years
   Maturity Age	18 years	65 years
   Premium Payment Mode	Single, Annual, Half-Yearly, Quarterly and Monthly*
   Premium Payment Term	Single Pay, Limited Pay or Regular Pay

   **Last Updated on 22-04-2021

3. Pramerica Life Wealth+Ace

   Pramerica Life Wealth+Ace is a unit-linked, non-participating single premium life insurance plan. It is an excellent solution that allows you to plan and secure your family's future.

   Key Features:

   • The plan adds persistence units to the policyholder's account at the end of every 5th year, starting from the 10th policy anniversary (provided they fall within the policy term).
   • The plan allows the policyholder to choose a policy term from 10, 15, 20, or 25 years.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 Years for Policy Term 10 Years 3 Years for Policy Term 15 Years 90 Days for Policy Term 20 or 25 Years	65 years
   Maturity Age	N/A	75 years
   Policy Term	10, 15, 20 or 25 Years
   Premium Payment Term	Single Pay.

   **Last Updated on 22-04-2021

4. Pramerica Life Smart Wealth+

   Pramerica Life Smart Wealth+ allows you to plan for a better future. Under this plan, policyholders have the option to choose between regular or limited premium payment tenures to suit their needs and requirements.

   Key Features:

   • The plan offers loyalty additions in the form of persistency units.
   • Under this plan, one can choose from the five funds that offer different levels of growth (depending on your risk appetite).

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 Years	55 years
   Maturity Age	N/A	75 years
   Policy Term	10, 15, 20 or 25 Years
   Premium Payment Mode	Annual, Half-Yearly, Quarterly, and Monthly

   **Last Updated on 22-04-2021

Pramerica Life Child Progress Plan

Pramerica Life Insurance offers a single plan under the Child Progress plan category. This plan is called the 'Pramerica Life Rakshak Gold plan. Given below is a detailed overview of the plan. Read along to find out.

1. Pramerica Life Rakshak Gold

   Pramerica Life Rakshak Gold is specially designed to safeguard your child's future in your absence. The plan provides money to cater to the various needs of your child like higher education, marriage, etc.

   Key Features:

   • For every completed policy year, annual guaranteed addition will add to the policy, and this addition will increase after every 3 policy years.
   • The plan offers guaranteed maturity benefits to take care of their financial goals.
   • The plan comes with limited premium payment options of 7 or 10 years.
   • One can avail loans against the policy.

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 Years - For policy term of 12 Years, 15 Years, and 18 Years	53 Years- For 12-year policy term 50 Years- For 15-year policy term 47 Years- For 18-year policy term
   Maturity Age	N/A	70 years
   Sum Assured	Rs 75,000/-	Rs 5 Crores subject to underwriting
   Premium Payment Mode	Yearly, Half-Yearly and Monthly
   Policy Term	12 Years, 15 Years and 18 Years

   **Last Updated on 22-04-2021

Pramerica Health Plans

There are three plan options available within Pramericas Health Plan category. To know these plans in detail, go through the following section.

1. Corona Rakshak Policy, Pramerica Life

   COVID-19 has become a big threat to us. While battling with this highly infectious disease, it is essential to take all necessary precautions, and at the same time, should also be prepared to protect yourself and your family from its financial impact. With this policy, be prepared to deal with the virus without worrying about your medical expenses.

   Key Features:

   • If diagnosed with Coronavirus, the policyholder will get a fixed lump sum payout irrespective of the treatment cost.
   • You can cover up to 6 family members in the same policy, and avail 5% discount on the total premium.
   • Customers can avail 5% discount on the total premium by opting for family cover.
   • The plan offers 5 coverage options and policyholders have the option to select a cover option at their convenience.

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 Years	65 Years
   Sum Assured	Rs 50,000	Rs 2,50,000
   Premium Payment Term	Single-Premium
   Policy Term	105 days / 195 days / 285 days

   **Last Updated on 22-04-2021

2. Pramerica Life Cancer+Heart Shield

   Pramerica Life Cancer+Heart Shield is a non-linked, non-participating fixed benefit individual health product that covers you against the financial impact of various critical illnesses (on diagnosis and recovery). Along with cancer & heart problems, the plan also covers another 26 major critical stage illnesses.

   Key Features:

   • The plan offers fixed benefits on the diagnosis of the listed conditions/illnesses.
   • Customers can increase their sum assured amount by opting for the 'increasing cover option.
   • This plan also offers the benefit to cover another 26 listed major critical stage illnesses.
   • The plan comes with various coverage options and provides in-depth coverage against different dreaded critical illnesses. One can choose from:

   Option I: Cancer Shield

   Option II: Heart Shield

   Option III: Cancer & Heart Shield

   Option IV: Comprehensive Shield

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 Years	65 Years
   Sum Assured	Rs 5,00,000	Option I: Rs. 50,00,000 Other Options: Rs. 25,00,000
   Maturity Age	N/A	75 Years
   Policy term	10 Years	40 Years
   Premium Payment Term	Regular Pay, equal to Policy Term
   Premium Payment Mode	Annual, Semi-annual, Quarterly, and Monthly

   **Last Updated on 22-04-2021

3. Pramerica Life Dengue Shield

   Pramerica Life Dengue Shield is a traditional fixed benefit individual health plan that helps and protects you against the financial impact of dengue during illness and recovery. On diagnosis of dengue fever (Dengue Haemorrhagic Fever and/ or Dengue Shock Syndrome), 100% of the chosen sum insured will be paid (conditions apply) to the policyholder.

   Key Features:

   • One can promptly avail of the policy as there is no lengthy paperwork required.
   • The plan offers benefits on the diagnosis of dengue fever irrespective of claims made from any other existing health insurance policy.
   • A policyholder can cover as many as 6 family members in a single policy under 'Family Cover Option'.
   • The plan offers multiple premium payment options.

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	91 days	65 Years
   Sum Assured	Rs. 25,000, Rs. 40,000 or Rs. 50,000
   Policy term	5 Years
   Premium Payment Term	Regular Pay, Single Pay
   Premium Payment Mode	Annual, Semi-annual, and Monthly

   **Last Updated on 22-04-2021

Pramerica Life Savings Plans

There are 7 plan variants available within this category. All these plans offer different features and benefits. Given below is detailed information on these plans. Lets check them out.

1. Pramerica Life Secure Savings Plan

   Pramerica Life Secure Savings Plan is a non-linked, non-participating endowment life insurance plan that supports your family, and helps you overcome any financial hurdle.

   Key Features:

   • The plan offers a life cover (during the policy term) that financially helps the family in the death of the policyholder.
   • The policyholder will get guaranteed annual payouts during the payout period after completion of the policy term.
   • Customers have the flexibility to select a premium payment term at their convenience.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	5 Years	60 Years
   Maturity Age	N/A	73 Years
   Policy term	13 Years
   Base Sum Assured	11 X Annualised Premium Minimum Base Sum Assured will be: 11 X Rs. 25,000 = Rs. 2,75,000
   Premium Payment Term	8 years, 10 years, and 12 years
   Premium payment mode	Annual, Semi-annual, Quarterly, and Monthly

   **Last Updated on 22-04-2021

2. Pramerica Life Smart Income

   Pramerica Life Smart Income is a non-participating guaranteed annual income plan that offers steady income through a guaranteed annual income benefit to make your family financially independent in your absence.

   Key Features:

   • Under this plan, a policyholder will get guaranteed annual payouts for a duration equal to the premium payment term.
   • The plan provides policyholders with the flexibility to choose from various premium payment term options for each policy term.
   • Policyholders are eligible to avail of loans against their policies.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 years, subject to the minimum age at maturity 18 years	60 Years
   Maturity Age	18 years	75 Years
   Policy term	7 Years	20 Years
   Base Sum Assured	11 X Annualised Premium
   Premium payment mode	Yearly, Half Yearly, and Monthly* For Policy Term less than 10 years, only Annual mode of premium payment is available

   **Last Updated on 22-04-2021

3. Pramerica Life Flexi Cash

   Pramerica Life Flexi Cash is a non-linked endowment life insurance plan that allows you to customize the benefits as per your financial needs.

   Key Features:

   • The policyholder has the freedom to prepone his/her policy maturity date anytime during the Flexi benefit period.
   • The plan offers 'Guaranteed Loyalty Benefit of 10% of the annualized premium each year from the 2nd policy year onwards if the selected premium payment term is equal to 5 years, 10 years, or 15 years.
   • The policyholders have the option to pay premiums only for a period of 5, 10, or 15 years

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 years	For Policy Term 15 Years: 60 years For Policy Term 25 Years: 50 years For Policy Term 35 Years: 40 years
   Maturity Age	N/A	75 Years
   Policy term	15, 25, 35 years
   Premium payment mode	Yearly, Half-Yearly and Monthly

   **Last Updated on 22-04-2021

4. Pramerica Life Smart Assure

   Pramerica Life Smart Assure is a non-linked, non-participating endowment life insurance plan that gives an assurance of Guaranteed Increasing Death Benefit and secures your family's financial needs.

   Key Features:

   • The plan offers a life cover and gives additional coverage to your family when you aren't around.
   • The plan provides guaranteed maturity benefit comprising base sum assured and accrued maturity additions.
   • The plan offers an option to pay premiums for a limited or regular period.

   Eligibility criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 years	For Policy Term 10 Years: 60 years For Policy Term 12 Years: 58 Years For Policy Term 15 Years: 55 Years For Policy Term 16 Years: 54 years For Policy Term 18 Years: 52 Years For Policy Term 20 Years: 50 Years For Policy Term 22 Years: 48 years For Policy Term 24 Years: 46 Years
   Maturity Age	N/A	70 years
   Sum Assured Amount	Limited Pay- Rs. 75,000 Regular Pay- Rs.1,00,000	No limit subject to underwriting
   Premium Payment Mode	Yearly, Half-Yearly Quarterly, and Monthly

   **Last Updated on 22-04-2021

5. Pramerica Life Smart Cash Protect

   Pramerica Life Smart Cash Protect is a non-linked participating endowment life insurance plan that offers regular cash benefits every year, along with life cover to meet your financial plans.

   Key Features:

   • The plan offers limited premium payment options of 12, 15, or 20 years.
   • Policyholders have the option to avail of loans against their policies.

   Eligibility Criteria:

   Policy Term	12 Years	15 Years	20 Years
   Minimum Entry Age	23 Years	20 Years	18 Years
   Maximum Entry Age	55 Years	55 Years	50 Years
   Minimum Maturity Age	30 years	35 years	40 years
   Sum Assured Amount	Minimum: Rs. 1,25,000 Maximum: No limit subject to underwriting
   Premium Payment Mode	Yearly, Half-Yearly Quarterly, and Monthly

   **Last Updated on 22-04-2021

6. Pramerica Life Roz Sanchay

   Pramerica Life Roz Sanchay is a protection cum savings plan that comes with an annual guaranteed addition that keeps on increasing every policy year (throughout the policy tenure).

   Key Features:

   • The plan helps policyholders by providing death benefits along with accrued annual guaranteed addition (AGAs) that is payable on the unfortunate demise of the life insured.
   • With this plan, 150% of the base sum assured amount along with Accrued AGAs is paid at maturity, and is guaranteed at the start of the policy.
   • The plan offers a special 'Increasing protection Death Benefit which allows policyholders to increase 5% of their base sum assured amount every year.
   • The plan offers the convenience of paying a premium for a limited term.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	8 years	50 years for 16 years Policy Term 45 years for 21 years Policy Term
   Maturity Age	N/A	66 Years
   Sum assured	For 16 years term- Rs. 80,000 For 21 years term- Rs.1,20,000	Rs. 5 Crore
   Policy term	16 years, 21 years
   Premium payment mode	Yearly, Half-Yearly and Monthly

   **Last Updated on 22-04-2021

7. Pramerica Life Magnum Assure

   Pramerica Life Magnum Assure is a non-linked, non-participating endowment life insurance plan that offers guaranteed monthly payouts to ensure that your family's financial needs are properly looked after.

   Key Features:

   • The plan offers guaranteed monthly income for a duration equal to the payout period.
   • Avail Tax Benefits on the Premiums paid as per the prevailing tax.
   • If the policyholder dies during the policy term, the claimant will get the death sum assured in equal monthly payouts during the payout period.

   Eligibility Criteria:

   Criteria	Minimum	Maximum
   Entry Age	18 years	For Policy Term 10 Years: 55 Years For Policy Term 15 Years: 50 Years
   Maturity Age	N/A	65 years
   Policy term	10 or 15 years
   Premium payment mode	Yearly and Monthly

   **Last Updated on 22-04-2021

How to Buy Pramerica Life Insurance Plans?

Customers can buy Pramerica Life insurance plans through two methods- either online from the official website of the company or through third-party agencies like brokers, agents, etc.

To enjoy a safe, hassle-free, and simple buying process it is suggested that you should plan from the official website of the company.

However, please note that the company offers an online purchasing option only for limited plans. These plans are:

• Corona Rakshak Policy, Pramerica Life
• Pramerica Life Dengue Shield
• Pramerica Life Cancer+Heart Shield
• Pramerica Life Flexi Cash

Given below is a step by step guide that explains the online buying process of these plans:

Pramerica Life Insurance Claim Process

Step 1: Intimate the company

The claimant needs to inform the company and register a claim request. The company provides four convenient ways of intimation:

• Visit the Pramerica Life branch and submit a written claim
• Notify online at https://www.pramericalife.in/Claims/Claim
• Mail at claims@pramericalife.in
• Call at 1800-102-7070
• At the same time, the claimant needs to provide information like date of death or critical illness, name & address of the policyholder, and other details.

Step 2: Submission of documents

This step requires the claimant to submit the following documents to the company:

• Filled Claim Form
• Original Policy Bond
• A recent photograph of Nominee
• Death Certificate
• Nominee Identification Proof establishing a relationship with deceased LA
• Proof of Bank Account: Original cancelled cheque with the pre-printed name of account holder OR original bank statement OR bank attested and stamped copy of bank passbook/ bank statement OR letter signed and stamped by bank certifying all account details.
• Others as requested by the company.

Note- The above documents should be submitted (in original) at any of the company's branches.

Step 3: Processing and Decision

The company will check all the documents. Once everything is according to their rules, it will process the claim within 30 days.

Pramerica Life Insurance Contact Details

Registered Address

Pramerica Life Insurance Limited (Erstwhile DHFL Pramerica Life Insurance Company Limited),

4th Floor, Building No. 9 B, Cyber City, DLF City Phase III,

Gurgaon-122002

Contact Number: 1800-102-7070 (toll-free)

Email Address: contactus@pramericalife.in