Pramerica Life Term Insurance Plans

Pramerica Life Insurance offers 3 affordable term insurance plans. These plans provide high coverage at a reasonable price. Pramerica term insurance plans have been designed to provide life cover and financial protection to your family at a reasonable cost. These term insurance plans provide financial assistance to your family to meet their daily requirements and achieve their goals even if you are not around. Pramerica life insurance works on a customer-centric approach and has designed insurance products that fulfills different requirements of different people.

Pramerica Term Insurance Plans

Pramerica Life Insurance has 3 term insurance plans in its armoury. These plans offer some out of the box benefits for the policyholders and their families.

1. Pramerica Life Saral Jeevan Bima: Pramerica Life Saral Jeevan Bima is a simple and basic pure protection plan. This plan provides life cover at an affordable cost. In case the life assured passes away during the policy term the family of the life assured will receive a death benefit that will help maintain a healthy lifestyle even in life assured’s absence. Under this plan you get the flexibility to choose premium payment term and policy term.

2. Pramerica Life TruShield: Pramerica Life TruShield plan is designed to take care of your family when you are no longer around. The plan returns all the premium amount on maturity if the policyholder is living and it is a pure life cover policy. The policy term is 7 years, 10 years, 12 years, 15 years, and 20 years. The minimum entry age is 18 years, and the maturity age is 65 years. The policy allows a base sum assured of minimum Rs. 5 lakhs and maximum Rs. 50 crores.

3. Pramerica Life U-Protect: Pramerica Life U-Protect policy offers a life cover without any maturity benefits. The policy pays the sum assured at the inception (in the event of the death of the policyholder), and it discontinues after that. The policy term is 10 years to 30 years, and the maximum maturity age is 65 years. The minimum sum assured is Rs. 25 lakhs, and there is no maximum limit, but it is subject to underwriting.