• DHFL Pramerica Premier Gain Plan

    Life Insurance
    • 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

    The DHFL Pramerica Premier Gain Plan is a participating, non-linked endowment insurance plan that is aimed at increasing your wealth to improve your financial security while also providing attractive benefits. By paying a premium amount for a limited tenure, you can avail all financial benefits offered by the plan which in turn offers peace of mind and safety in case of an unfortunate event. The plan offers various tax benefits and as well as the option of availing a loan against your policy.

    Eligibility – Who is the DHFL Pramerica Premier Gain Plan for?

    Insurance providers usually set eligibility criteria which need to be met in order to avail the protection accorded by the plan.

    Parameters Criteria for Eligibility
    Policy Term 10 years 15 years 20 years 25 years
    Minimum Age of Entry 8 years 3 years 91 days 91 days
    Maximum Age of Entry 50 years 55 years 50 years 45 years
    Maximum Maturity Age 70 years

    Sum Assured and Premium Range – What you get and what is costs

    Sum Assured

    The sum that is assured with a DHFL Pramerica Premier Gain Plan is based entirely on the premiums that you pay to avail the benefits of the policy.

    Parameters Details
    Minimum Base Sum Assured Rs.3.5 lakh
    Maximum Base Sum Assured No limit, subject to an underwriting


    Premiums are paid to the insurer to purchase a policy from them so that an individual can come under the umbrella of benefits and coverage that this plan has to offer.

    Parameters Details
    Term of the Policy 10 years, 15 years, 20 years, 25 years.
    Minimum Premium Paid Annually
    • Policy Term of 10 Years – Rs.75,000
    • Other Policy Terms – Rs.50,000
    Maximum Premium Paid No limit, subject to an underwriting
    Premium Payment Term Policy Term Payment Term
    10 years 5, 7 years
    15 years 7, 10 years
    20 years 7, 10, 15 years
    25 years 10, 15, 20 years
    Premium Payment Modes
    • Monthly, Half-Yearly, Quarterly, Yearly for policy term of 15, 20, and 25 years
    • Yearly for a policy term of 10 years

    *Premiums paid vary based on age, location, plan term and other factors

    Premiums for a DHFL Pramerica Premier Gain Plan can be paid using any of the following ways:

    • Payment in cash at the insurer’s branch office
    • ECS/Direct Debit/Salary Deduction Scheme
    • With a cheque or demand draft
    • Using payment gateways or internet banking
    • Through the use of debit or credit cards

    Premium Modes offered and Modal Factors:

    Premium Modes Factors
    Monthly 0.09
    Quarterly 0.265
    Half-Yearly 0.52
    Yearly 1

    Plan coverage – What the DHFL Pramerica Premier Gain Plan covers

    The DHFL Pramerica Premier Gain Plan offers a number of different benefits and these are listed in the table below:

    Parameters Details
    Death Benefit Death benefits payable will be equal to the sum of:
    • Accrued Reversionary Bonuses
    • Death Sum Assured
    • Interim and Final Bonus
    Where, Death Sum Assured is equal to the higher value between Base Sum Assured and 10 times the annualized premium.
    Tax Benefit As per prevailing tax laws of the Income Tax Department.
    Maturity Benefit Base Sum Assured plus Final Bonus and Accrued Reversionary Bonus.


    There are no additional riders that are available for purchase along with the DHFL Pramerica Premier Gain Plan.

    Exclusions – What the DHFL Pramerica Premier Gain Plan doesn't cover

    If the policyholder commits suicide within a year from the date of commencement of the policy or from the date of revival, the policy will become void and the amount payable by the company to the nominee or beneficiary of the policy shall be equal to the higher value between the acquired Surrender Value and 80% of the premiums that were paid until the time of death of the policyholder.

    Other Key Features

    Parameters Details
    Free-Look Period A policyholder has 15 days (30 days in the case of distance marketing) to review and accept or return the policy to the insurer.
    Grace Period A grace period of 30 days is provided for the payment of any premium made through any payment mode.
    Nomination Nomination is allowed as per the existing tax laws under Section 39 of the Insurance Act, 1938.
    Assignment Assignment is allowed as per the prevailing tax laws under Section 38 of the Insurance Act, 1938.
    Loan Loan facility is provided with a DHFL Pramerica Premier Gain Plan.
    Surrender A policy can be surrendered by a policyholder at anytime after making premium payments for two consecutive years and will be eligible for a Surrender Value. Surrender Value will be the higher amount between Special Surrender Value (SVV) and Guaranteed Surrender Value (GSV).
    Revival/Reinstatement Policy can be revived within 2 years from the date of the last unpaid premium and within the policy term after paying all unpaid premiums with interest.
    Bonuses The following bonuses can be declared by the insurance company which are offered to a policyholder:
    • Compounded Reversionary Bonus
    • Final Bonus
    • Interim Bonus


    Tax Benefits – How you can save with DHFL Pramerica Premier Gain Plan

    A policyholder can enjoy tax benefits on any premium that is paid towards DHFL Pramerica Premier Gain Plan the prevailing tax laws under Section 80C and for withdrawals or maturity amount under 10(10D) of the Income Tax Act, 1961. Tax benefits are subject to changes without prior notice so it is important that the policyholder consults a Tax Advisor to stay informed about any changes made.

    Why you should purchase the Premier Gain Plan offered by DHFL Pramerica?

    DHFL Pramerica begun operations in India in 2008 and is committed to offering quality financial advice and customer protection. With a Claim Settlement Ratio of 84%, DHFL Pramerica Life Insurance Company strives at ensuring that each and every customer’s needs and requirements is addressed. The company has Claim Settlement Ratio of 84% and also has experience managing over Rs.2,893.05 crore Assets Under Management. With over 103 branches spread across India, the company is easily accessible to its large customer base which is made up of over 13 million satisfied customers. The company offers insurance policies which cater to specific insurance needs.

    The content on this website is meant only for general information purpose and does not and shall not be construed as any solicitation, procurement, display, aggregation, marketing or advertisement of insurance products. BankBazaarInsurance is not an insurance intermediary and hence does not endorse or solicit any such products. The information on this website is derived from publicly available sources and BankBazaarInsurance cannot verify or confirm the genuineness, truth, veracity or authenticity of this information.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.