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It is especially designed for you so that you can ensure that your family is secure and leads a comfortable life, even when you are not around.
Introduction
Pramerica Life U-Protect is a term insurance plan. It is especially designed for you so that you can ensure that your family is secure and leads a comfortable life, even when you are not around.
Why should you take this plan?
1.The plan ensures family security and a comfortable life.
2.The plan provides life insurance cover at a very nominal cost.
Key Features
1.Comprehensive insurance protection plan at nominal cost.
2.Attractive premium rates for male and female lives.
3.Lower premiums for maintaining a healthy non-smoking life style.
4.Tax benefits as applicable.
Benefits
1.In an unfortunate event of death of the Life Insured within the Policy Term, the policy will pay the Sum Assured chosen at inception.
2.The policy will terminate after paying the death benefit.
There are no maturity benefits under this plan.
Eligibility
Sample premiums
What are the premiums payable?
Sample premiums for a non-smoker, standard male life, entry age 35 Years and Sum Assured of Rs. 50,00,000 for a Policy Term of 20 Years,for an annual mode policies.
The above premium excludes service tax and education cess.
If premium payment mode is semi-annual, then multiply the above premiums by 0.52 to arrive at modal premium.
Tax benefits will be applicable as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor for details.
