• Premiums as low as Rs.17/day for sum assured of Rs.1 crore*
• Claim up to Rs. 1,50,000 deduction under section 80C**
• Choose between annual and monthly premium payment options

DHFL Pramerica Future Idols Gold+ Plan

DHFL Pramerica Future Idols Gold+ Plan is a participating endowment insurance plan offered by DHFL Pramerica Life Insurance Company Limited. With this child protection cum savings plan, you can protect your child’s future, especially at critical milestones such as school and higher education.

Eligibility - Who is the DHFL Pramerica Future Idols Gold+ Plan for?

Sum Assured and Premium Range - What you get and what it costs?

Premiums may vary depending upon factors like age, location, term of the plan and prevailing taxes or GST.

Plan Coverage - What the DHFL Pramerica Future Idols Gold+ Plan covers?

Under this child protection cum savings plan, you can get the following benefits:

• Comprehensive protection: Your family can get immediate financial assistance for recurring needs as well as for future long-term needs in the case of an unfortunate event.
• Enhanced death benefit: In the unfortunate event of the demise of the life insured, the beneficiary will be immediately paid death benefit along with accumulated reversionary bonus and final bonus. A recurring death benefit will be paid monthly and the final death benefit will be paid upon reaching the policy maturity date.
  • If the entry age is below 45 years, the death benefit will be the higher of:
    • 10 times the annualised premium or 125% of the sum assured.
    • 50% of the sum assured payable at the time of death.
    • 125% of the sum assured payable at the time of policy maturity.
    • 1% of the sum assured payable every month from the month of death to the end of the policy term, subjected to a minimum of 36 monthly payments.
  • If the entry age is 45 years and above, the death benefit will be the higher of:
    • 7 times the annualised premium or 125% of the sum assured.
    • 50% of the sum assured payable at the time of death.
    • 125% of the sum assured payable at the time of policy maturity.
    • 1% of the sum assured payable every month from the month of death to the end of the policy term, subjected to a minimum of 36 monthly payments.
• Increased savings: With the bonus additions under this plan, you can maximise your wealth.
• Flexible premium payment options: You can choose either regular or limited premium payment term.
• Maturity benefit: Upon reaching the policy maturity date, you will be paid 125% of the sum assured along with accrued reversionary bonus and final bonus, if any.

Exclusions - What the DHFL Pramerica Future Idols Gold+ Plan doesn’t cover?

The DHFL Pramerica Future Idols Gold+ Plan doesn't cover death by suicide. In the case of death due to suicide within 1 year from the date of policy inception, the beneficiary will be paid 80% of the premiums paid. In the case of death due to suicide within 1 year from the date of policy revival, the beneficiary will be paid higher of 80% of the premiums paid or the surrender value till the date of death.

Other Key Features – Free-look Period, Surrender Values, Grace Period etc.

• Free-look period: From the date of receipt of the policy document, you have 15 days (30 days for policies purchased via distance marketing) to review the terms and conditions of the policy. You can return the policy if you have any objections and get a refund of premiums paid after certain deductions.
• Grace period: You have a grace period of 30 days for all modes of payment to pay the premium during which the policy benefits and life cover will be active. Failure to pay the premium within the grace period will result in policy lapse or attain paid-up status.
• Paid-up status: If you decide to discontinue the policy after paying minimum 2 consecutive years’ premiums, the policy attain paid-up status. Upon policy maturity, you will be paid 125% of the paid-up sum assured plus accrued reversionary bonuses and final paid-up bonus.
• Revival: You can revive the policy within 2 years from the date of first unpaid premium. Pay all due premiums till date, provide proof of insurability, and submit a written request for policy reinstatement.
• Surrender value: The policy can be surrendered after paying minimum 2 full years’ premiums. Surrender value is higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV).
• Policy loan: Once the policy acquires surrender value, you can avail a loan of up to 80% of the surrender value against the DHFL Pramerica Future Idols Gold+ Plan. The interest rate will be decided by the company.

Tax Benefits – How you can save with the DHFL Pramerica Future Idols Gold+ Plan?

Under the DHFL Pramerica Future Idols Gold+ Plan, you can get tax deductions on the following:

• On premiums paid under Section 80C of the Income Tax Act, 1961.
• On maturity proceeds under Section 10(10D) of the Income Tax Act, 1961.

Other Benefits – How you can save with the DHFL Pramerica Future Idols Gold+ Plan?

There are several other benefits of purchasing endowment insurance plans from DHFL Pramerica Life Insurance Company Limited such as:

• Customer care: For any life insurance related queries, you can call DHFL Pramerica Life Insurance Company Limited helpline number.
• Application status: You can also track your application status by entering your application number and personal details on the company website.
• Premium calculator: The online premium calculator available on the company website can be used to accurately calculate how much premium you need to pay for your chosen policy.
• SMS alerts: You can register for SMS alerts and get policy related information via SMS notifications.
• Claims: You can initiate claim registration online through the company website or contact the claims helpdesk to check the status of your claim. Claims will be settled within 30 days.
• Online premium payment: You can make premium payments online through the company website.

Why you should buy the DHFL Pramerica Future Idols Gold+ Plan from DHFL Pramerica Life Insurance Company Limited?

DHFL Pramerica Life Insurance Company Limited is one of the fastest growing insurance companies in the country offering financial protection for your child’s future, retirement, and wealth accumulation. With over 103 branches spread across India, the company is easily accessible to its 13 million customers. The company has experience managing over Rs.2,893.05 crore Assets Under Management and has a Claim Settlement Ratio of 84%.