Flexi e-Term

Introduction
Pramerica Life Flexi Cash is a non-linked participating endowment life insurance plan which gives you the flexibility to control your policy. This plan helps you to manage your financial requirement as per you needs. You can access your savings corpus at any time of your need within the flexi benefit period, get steady income in the form of guaranteed loyalty benefit and financial protection for your family in case of any uncertainty.

Why should you take this plan?
Access your savings corpus at your time of need within the flexi benefit period Get regular cash back each year from 2nd policy year onwards in the form of Guaranteed Loyalty Benefits during the Premium Paying Term
Financial protection for your loved ones through Death Benefit.

Key Features
1.Flexibility to pre-pone the policy Maturity Date anytime during the "Flexi Benefit" period
2.Guaranteed Loyalty Benefit of 10% of the Annualised Premium each year from 2nd policy year onwards(Only during the Premium Payment Term)
3.Premium Payment Term is equal to 5 years, 10 years or 15 years, as the case may be.
4.Limited Premium Payment options of 5, 10 or 15 years
Wealth Accumulation through bonus additions.

Benefits
Death Benefit
On unfortunate demise of the life insured during the Policy term, subject to Policy being in-force, Death Sum Assured along with accrued Reversionary Bonus and Final Bonus, if any, will be payable to your nominee or legal heir as the case may be.

Where Death Sum assured is:
i. For age at entry less than 45 years
Highest of 10 times the Annualized Premium (Or) 100% of base sum assured

ii. For age at entry 45 years and higher
Highest of 7 times the Annualized Premium (Or) 100% of base sum assured.

However, the death sum assured together with bonuses shall be at least equal to 105% multiplied by total premiums paid* till date of death.

The Annualized premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any

*Premium paid for this purpose is premium exclusive of any underwriting extras, if any

Maturity Benefit
At maturity of the Policy, the policyholder will receive a maturity benefit equal to 100% of Base Sum Assured chosen at inception PLUS Accrued Reversionary Bonus PLUS Final Bonus if any, subject to Policy being in force.

Prepone your Maturity Benefit
To meet your needs at different stages of your life, you have the option to prepone your Maturity Benefit during the Flexi Benefit period. During this period, you will be eligible to get the full benefits due in the policy which will be equivalent to 100% of Base Sum Assured PLUS Accrued Reversionary Bonus PLUS Final Bonus, if any. The bonuses would be accured till the date the policy has remained in-force with the Company. Further there would be no discounting factors applicable during the Flexi Benefit period for surrender and reduced Paid-UP