Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Pramerica Life Insurance Benefits

Pramerica Life Insurance is a joint venture of two companies. Investment Limited which is a subsidiary of Dewan Housing Finance Corporation Limited and Prudential International Insurance Holdings, Limited which is owned by Prudential Financial Incorporate. The two companies came together in the domain of life insurance in 2013. Pramerica Life Insurance has a vast range of life insurance products to meet the demands of its vast client base with great benefits. Let us understand the benefits of Pramerica Life insurance in depth to get a better idea on wheather to purchase a life insurance from Pramerica or not.

Pramerica Life Insurance Benefits

DHFL Pramerica Life Insurance provides the aforementioned benefits as one of the prominent life insurance companies in India. The benefits of the Parmerica life policies are as follows:

1. Customer-Friendly Services: DHFL Pramerica Life Insurance has made the process of purchasing their policy a customer-friendly one. The company has a fully trained staff to help you at every step of the process, be it pre-purchase or post-purchase, which includes the servicing, renewals, and claim process.

2. High Claim Settlement Ratio: Pramerica DHFL Life Insurance Company’s Claim Settlement Ratio depicts how dependable they are. The company has featured a claim settlement ratio of 98.42% in the FY 2019-20, which is one of the best in the country. The company is dedicated to building up trust and providing quality service to its clients. High claim settlement ratio of an insurance provider depicts the number of claims paid by the insurance provider.

3. Wide Range of Products: Pramerica Life Insurance offers a wide range of life insurance products such as term insurance, ULIPs, savings, health, child progress, and group plans. These plans are designed to fulfill the requirements of every individual. One can choose a life insurance plan that best suits his/her requirements and fits the budget as well.

4. Online and Offline Premium Payment: The company offers you a chance to pay the premium for your policy in the online mode as well as the offline mode. You can choose whatever is appropriate for you.

5. Tax Benefits: The company offers you the income tax deduction according to sections 80C and 10 D of the Income Tax Act.

6. Dedicated Policy for Defence Personnel: The company has a dedicated sales team of ex-servicemen who understand the requirements of fellow defense personnel. Unique plans covering the war zone issues are provided by the company.

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 66 Lacs+ happy customers

Life Insurance News

User Reviews

Write your review
What users are saying
  • All
  • Thank you, InsuranceDekho, for helping me purchase a life insurance policy smoothly. I am loving my experience...

    Read More
    By Ravi Yadav
    On: Feb 15, 2024
  • The process of claim settlement on the InsuranceDekho website was very easy. I just had to get in touch with t...

    Read More
    By Komal Srivastava
    On: Dec 18, 2023
  • The Pramerica Life Insurance Policy I selected through InsuranceDekho had comprehensive inclusions. The detail...

    Read More
    By Suhani Shah
    On: Nov 22, 2023
  • Convenience is key in today's fast-paced world. InsuranceDekho's online platform makes managing my Pramerica L...

    Read More
    By Lopa Bhatt
    On: Sep 27, 2023
  • InsuranceDekho's Pramerica Life Insurance Policy also offers cash value accumulation over time, providing valu...

    Read More
    By Pooja Bhatia
    On: Sep 13, 2023

Claim Process at Pramerica Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

Best Insurance Advisors in Your City.


  • How is your age significant in the Pramerica Life Insurance premium calculation?

    If you are young and you opt to buy a Pramerica Life Insurance Policy, the premium that you would have to pay is low.

  • What are the premium payment frequencies available for the Pramerica Life Insurance policy?

    The options available for the Pramerica Life Insurance Policy are Monthly, Quarterly, Half-Yearly, and Yearly. Whatever you choose is up to you.  

  • What happens to the Pramerica Life Insurance premium amount when the policy elapses?

    The premium amount after a Pramerica life insurance policy has lapsed, increases. To revive the policy, the policyholder has to pay all the outstanding premiums which are unpaid along with a predefined interest rate. 

  • What are the details required in the Pramerica Life Insurance premium calculator?

    Your date of birth, gender, policy term, and sum assured are the primary details that are required in the Pramerica Life Insurance premium calculator. The secondary details include smoking habits, occupation type, annual salary, and educational background. 

  • Are the details required different for the different Pramerica Life Insurance products?

    The information required to be entered is the same. There can be small changes made in the selection of the plan type and the term of policy, which may depend upon the plan selected by you.

Pramerica Life Insurance Contact Details

Reach us for help anytime
Find the right Pramerica Life Insurance for you