Pramerica Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here
are the reasons why you should choose Pramerica Term Insurance Plans:
Eligibility Criteria of Pramerica Term Insurance Plans
To purchase a Pramerica term insurance plan in 2025, certain eligibility criteria must be met. Let's understand the eligibility criteria in detail.
Age: A person between the ages of 18 and 65 is eligible to apply for a term life insurance plan. The policyholder’s age is a key factor in the term insurance plan’s premium.
Health condition: Since a Pramerica term insurance plan insures the policyholder’s life, most insurance providers require a policyholder to undergo a health examination to determine the current health condition and the inherent risks for the insurer. Be completely honest about your health condition and medical history to avoid issues during claim settlement.
Income: A Pramerica term insurance plan has no specified minimum income requirement. However, they might ask you for your bank statement copies and salary slips to determine the coverage on your term plan.
Smoking habits: If you smoke or have been a smoker in the past, you must disclose this information to the insurer. It is because smokers are exposed to severe health hazards like lung cancer.
Citizenship: Indian citizens can buy an Pramerica term insurance plan in India in their name. However, NRIs or PIOs can also leverage the benefits of a term insurance plan in India.
Additional Benefits Offered By Pramerica Term Plans
Pramerica Life Term Insurance Plans offer various additional benefits to the policyholders, some of which are explained below:
Increasing Life Cover
Some Premerica Term insurance plans offer you the option to increase your life cover in order to cope with upcoming responsibilities in life.
Spouse cover
Premerica Life Rocksolid Term insurance plan offers you spouse cover so that you can cover your spouse under the same plan.
Smart Exit option
Smart Exit option gives you the option to exit the policy once your need for cover is over. Under this, you can receive all your paid premiums back (excluding rider premiums and applicable taxes).
Convenient Premium Payment term
All Premerica term insurance plans offer convenient premium payment of single premium, limited premium (5 years or 10 years), or, regular Premium.
Special premium rates for non-smokers and females
Pramerica Life Term Plans such as Premerica Life Rocksolid term Insurance Plus offers special premium rates for non-smokers as well as females.
Types of Pramerica Term Plans
There are a plethora of Pramerica Life Term Plans based on their features, benefits, and premiums. You can select that best suits your requirements.
Basic Term Plan
Plan Name: Pramerica Life U-protect
This Plan only gives death benefit to the nominee in case of the unfortunate demise of the policyholder.
Term Plan with Reducing cover
Plan Name: Pramerica Life True shield
This plan offers reducing cover along with flexible premium payment.
Term Insurance with Affordable premium
Plan Name: Pramerica Life Saral Jeevan Bima
This plan offers affordable term insurance coverage along with flexible policy terms.
Term Insurance with Critical Illness
Plan Name: Pramerica Life Rocksolid Term Insurance Plan
These plans offer spouse coverage in the same policy along with life-stage benefits.
Filing a claim for Pramerica Term Plan is a simple and hassle-free task. You can easily fill and submit their claims online or offline. To file a claim for Pramerica Term Plan, you need to follow the below-mentioned steps.
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