DLF Pramerica Life Insurance launches ‘Dhan Suraksha’

DLF Pramerica Life Insurance has introduced a new savings-cum-protection plan — DLF Pramerica Dhan Suraksha — that combines the twin benefits of a comprehensive insurance cover along with guaranteed benefits and guaranteed additions. The guaranteed addition works to Rs 100 per Rs 1,000 of sum assured will accrue every year. This corpus will be paid at maturity or in case of unfortunate demise of the life insured, the company said in a statement.

The insurer will pay 15% of basic sum assured at the end of every fifth policy year except at maturity. The sum assured doubles in case of accidental death, which is over and above the guaranteed additions payable to the policyholder. Accrued guaranteed additions and the Sum Assured under the policy minus the money back benefit already disbursed will be paid at maturity.