Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80C by purchasing a Life Insurance Today View Plan

Pramerica Life Term Insurance Benefits

65 reviews Rate This
Claim Settlement Ratio98.61%
Customer CareMon to Sat 9:30 AM to 6:30 PM
Death Benefit Paid For560 Policies
Presence138 Offices
Total Death Benefit Paid22.44 Crore

Benefits of Pramerica Life Term Insurance

Pramerica Life Insurance started its operations in 2013 and has been one of the leading insurance providers in India. Pramerica Life Insurance offers affordable term insurance plans. The insurance company has featured a high claim settlement ratio. Pramerica Life Insurance is dedicated to provide quality products and services to its customers.

Pramerica Term Insurance Benefits

Pramerica Term Insurance policies, also known as protection plans, offer the following benefits:

1. High Claim Settlement Ratio: Pramerica Life Insurance 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 strives to provide quality service to its clients. High claim settlement ratio of an insurance provider represents how reliable the insurance provider is.

2. High Assured Amount at Low Premium: Pramerica Term Insurance policies have a high assurance amount for its policyholders by asking them low and affordable premiums. The policy term ranges between 7 years and 30 years and provides coverage to the policyholder until 65 years of age.

3. Financial Assistance: Pramerica term insurance plans offer financial assistance to your family in case of your unfortunate demise during the policy term. These plans help you ensure a financially secured future for your loved ones even in your absence.

4. Return of Premiums: Pramerica Life Insurance offers a unique term insurance policy by the name of TruShield Term Insurance. The policy in the case of survival of the policyholder returns all the premium paid devoid of the taxes and processing charges at the time of maturity of the policy.

5. Tax Benefits: Pramerica Term Insurance policies provide tax benefits according to the current income tax laws. The policies provide benefits under section 80C and 10D of the Income Tax Act.

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

Pramerica Life Term Insurance Plan List

    Name of PlanSum Assured
    Life TruShield Plan20 lac - 10 cr Get Quotes Now

    Pramerica Term Insurance User Reviews

    Write your review
    What users are saying
    • All
    • Good-to-go plan

        The Pramerica Life Term Insurance Plan that I bought from the InsuranceDekho website is a good term in...

      Read More
      By Manu
      On: Mar 22, 2023
    • Read some amazing content

        The InsuranceDekho website is flooded with amazing content. While buying the Pramerica Life Term Insur...

      Read More
      By Ruma Kapoor
      On: Mar 17, 2023
    • Bought a good term plan

      Pramerica Life U-Protect plan is an amazing plan and I am very thankful to InsuranceDekho for providing me suc...

      Read More
      By Niharika Verma
      On: Feb 21, 2023
    • The easy claim settlement proc...

      I filed a claim on the InsuranceDekho website since I was secured with the Pramecia term plan. The process was...

      Read More
      By Manya Kaur
      On: Feb 14, 2023
    • Amazing term plan

      The Pramerica Life U-Protect plan available on InsuranceDekho in my opinion is one of the most amazing term pl...

      Read More
      By Kanika Goyal
      On: Jan 24, 2023
    Must BuyMust Buy

    Why to Buy Term Insurance Policy Online from InsuranceDekho

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

    Pramerica Life Term Insurance Contact Details

    Reach us for help anytime

    Claim Process at Pramerica Life Term Insurance

    • 1

      Claim Intimation

      In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
    • 2

      Submission of Documents

      Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
    • 3

      Claim Evaluation

      Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
    • 4

      Claim Settlement

      If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

    FAQ About Pramerica Life Term Insurance

    • What is the age to purchase a Pramerica Term Insurance policy?

      The age to purchase a Pramerica Term Insurance policy is between 18 and 50 years. The Trushield Policy has terms of 7, 10, 12, 15, 20 years thus the maximum age at which it can be purchased is 50 years, and the policy term for U-protect policy is 10 years -30 years and the maximum age for purchase is the same. 

    • What is the minimum and maximum value of sum assured in Pramerica Term Insurance plans?

      The minimum sum assured in a Pramerica TruShield plan is Rs 5 lakhs, and the maximum is Rs. 50 crores. The minimum amount assured in DHFL Pramerica U-Protect plan is Rs. 25 lakhs, and there is no maximum limit which is subject to underwriting.

    • What is the premium payment frequency in Pramerica Term Insurance policies?

      Pramerica TruShield plan has an option of monthly, annual, or single premium payment, whereas the U-Protect plan has yearly and half-yearly premium options. 

    • Which Term Insurance policy in Pramerica provides the premium amount at maturity?

      Pramerica TruShield term insurance returns the premium minus the tax amounts to the policyholder if they are alive at maturity otherwise the sum assured at the inception of the policy is offered to the family of the policyholder in an unfortunate event of death. 

    • What is the maximum age at maturity for a policyholder in a Pramerica term insurance plan?

      The maximum age at maturity for a Pramerica term insurance policyholder is 65 years.