Eligibility Criteria for DHFL Pramerica Magnum Assure And Shri Vidya
Eligibility criteria for DHFL Pramerica Magnum Assure and Shri Vidya define the minimum/maximum entry age and minimum/maximum vesting age for these two plans. Eligibility and vesting age are main aspects of DHFL Pramerica Magnum Assure and Shri Vidya details. Vesting age is also known as maturity age i.e. the age when your policy matures and you can acquire its benefits. For the former insurance plan, minimum entry age is 18 years and maximum entry age is 55 years. Also,minimum vesting age is 28 years whereas maximum vesting age is 65 years. Similarly for the later insurance plan, minimum entry age is 18 years and maximum entry age is 50 years. Also for the second plan, minimum vesting age is not available whereas maximum vesting age is 70 years.
Policy Term Details
Policy term details for DHFL Pramerica Magnum Assure and Shriram New Shri Vidya Plan include the minimum and maximum policy terms for the said insurance plans. Policy term is a time period during which an insurance policy is valid. After completion of policy term, one can renew the policy or get sum assured by terminating the policy. For DHFL Pramerica Magnum Assure, minimum policy term is 10 years and maximum policy term is 15 years. Similarly for Shriram New Shri Vidya Plan, minimum policy term is 10 years and maximum policy term is 25 years.