Top insurance companies listed
The InsuranceDekho website has a list of top insurance companies which helps one to choose the best one. After viewing all of them, I decided to go with the Pramerica Life Term Insurance Policy. The plan has all the necessary features and benefits that one expects from a good life cover. Happy with the purchase.
User Reviews on Pramerica Term Insurance Alternatives
- ICICI Prudential Term Insurance
- Edelweiss Tokio Term Insurance
- Max Term Insurance
- Canara HSBC Term Insurance
- IndiaFirst Term Insurance
- PNB MetLife Term Insurance
- Bharti AXA Term Insurance
- Kotak Term Insurance
- Exide Term Insurance
- HDFC Term Insurance
- Aditya Birla Sun Term Insurance
- Aegon Term Insurance
- Reliance Nippon Term Life Insurance
- Aviva Term Insurance
- LIC Term Insurance
- Shriram Term Insurance
- SBI Life Term Insurance
- Tata AIA Term Insurance
- Bajaj Allianz Term Insurance
- Ageas Federal Term Insurance
- Star Union Dai-ichi Term Insurance
- Future Generali Term Insurance
Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 50 Lacs+ happy customers
Claim Process at Pramerica Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf 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.