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DHFL Pramerica Roz Sanchay
DHFL Pramerica Roz Sanchay

TATA AIA Life Insurance Fortune Pro
TATA AIA Life Insurance Fortune Pro



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DHFL Pramerica Roz Sanchay
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TATA AIA Life Insurance Fortune Pro

DHFL Pramerica Roz Sanchay and Fortune Pro

1 Details
1.1 Insurance Provider
DHFL Pramerica life insurance company ltd.
TATA AIA Life
1.2 Claim Settlement Ratio
1.2.1 Settlement Ratio (2015-16)
48.80%
Rank: 24 (Overall)
89.54%
Rank: 5 (Overall)
1.2.2 Settlement Ratio
LIC Bhagya Laks..
57.00%
Rank: 16 (Overall)
95.00%
Rank: 3 (Overall)
Edelweiss Tokio My Life Plus
1.2.3 Settlement Ratio (2013-14)
LIC New Jeevan ..
22.14 %
Rank: 25 (Overall)
89.68 %
Rank: 13 (Overall)
DHFL Pramerica Family Income
1.3 Type
Endowment Plan
Endowment Plan
1.4 Status
In-force
In-force
1.5 Online
23% Endowment Plans Life insurance plans have it !
23% Endowment Plans Life insurance plans have it !
1.6 Eligibility
1.6.1 Min Entry Age
AEGON Religare ..
8 years
Rank: 8 (Overall)
0 years
Rank: N/A (Overall)
Bajaj Allianz Cash Assure
ADD ⊕
1.6.2 Max Entry Age
ICICI Pru Immed..
50 years
Rank: 26 (Overall)
59 years
Rank: 19 (Overall)
Reliance Classic Plan 2
ADD ⊕
1.6.3 Min Vesting Age
Canara HSBC Sma..
24 years
Rank: 13 (Overall)
18 years
Rank: 7 (Overall)
Shriram Secure Investment Plan
ADD ⊕
1.6.4 Max Vesting Age
Bharti AXA Life..
66 years
Rank: 19 (Overall)
75 years
Rank: 12 (Overall)
LIC New Children Money Back Plan
ADD ⊕
1.7 Policy Term
1.7.1 Min Term
Edelweiss Tokio..
16 years
Rank: 14 (Overall)
15 years
Rank: 13 (Overall)
HDFC Life New Group Unit Linked Plan
ADD ⊕
1.7.2 Max Term
TATA AIA Fortun..
21 years
Rank: 24 (Overall)
40 years
Rank: 15 (Overall)
HDFC Life New Group Unit Linked Plan
ADD ⊕
1.8 Returns
1.8.1 Min Sum Assured
Aviva Life Shie..
₹ 100000
Rank: 33 (Overall)
Not Available
Rank: N/A (Overall)
ICICI Pru Immediate Annuity Plan
1.8.2 Min Sum Assured (Variable)
Not Applicable
1.25 X Single premium
1.8.3 Max Sum Assured
IDBI Federal Lo..
₹ 50000000
Rank: 7 (Overall)
Not Available
Rank: N/A (Overall)
Kotak Gratuity Plus Group Plan
1.8.4 Max Sum Assured (Variable)
Not Applicable
Not Available
1.9 Group Plan
1% Endowment Plans Life insurance plans have it !
1% Endowment Plans Life insurance plans have it !
1.9.1 Group Type
Not Applicable
Not Applicable
1.9.2 NEE Size
Metlife Group T..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
Reliance Traditional Group Employee Benefit Plan
1.9.3 EE Size
Metlife Complet..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
HDFC Group Term Insurance
2 Premium
2.1 Minimum Premium
2.1.1 Min Premium
Kotak Preferred..
Not Available
Rank: N/A (Overall)
₹ 100000
Rank: 73 (Overall)
HDFC Life Group Credit Protect Insurance Plan
2.1.2 Min Premium (Variable)
Depends on term, age and gender of the insured
Not Applicable
2.2 Maximum Premium
2.2.1 Max Premium
Metlife Traditi..
Not Available
Rank: N/A (Overall)
₹ 500000
Rank: 18 (Overall)
HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana
2.2.2 Max Premium (Variable)
Depends on term, age and gender of the insured
Not Applicable
2.3 Payment Options
Limited Pay
Limited Pay, Regular Pay, Single Pay
2.4 Regular Modes
Annual, Monthly, Semi-Annual
Annual, Monthly, Quarterly, Semi-Annual
2.5 Top Up
Not Allowed
Allowed
2.5.1 Top Up Value
Kotak Invest Ma..
Not Available
Rank: N/A (Overall)
₹ 5000
Rank: 4 (Overall)
Pension Plus
3 Loan And Benefits
3.1 Loan
81% Endowment Plans Life insurance plans have it !
81% Endowment Plans Life insurance plans have it !
3.2 Surrender
90% Endowment Plans Life insurance plans have it !
90% Endowment Plans Life insurance plans have it !
3.2.1 Surrender Value
Depends on the policy year, policy term and premiums paid
Not Applicable
3.3 Benefits
3.3.1 Tax
All Endowment Plans Life insurance plans have it !
All Endowment Plans Life insurance plans have it !
3.3.2 Tax Benefit Amount
As applicable under Section 80C and Section 10(10D), as per the Income Tax Act, 1961.
Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961 and are subject to modifications made thereto from time to time.
3.3.3 Service Tax
Applicable
Applicable
3.3.4 Maturity
99% Endowment Plans Life insurance plans have it !
99% Endowment Plans Life insurance plans have it !
3.3.5 Maturity Benefit Amount
150% of Base Sum Assured + Accrued Annual Guaranteed Additions
On survival to the end of the policy term, you will receive the Total Fund Value valued at applicable NAV on the date of Maturity.
3.3.6 Death
99% Endowment Plans Life insurance plans have it !
99% Endowment Plans Life insurance plans have it !
3.3.7 Death Benefit Amount
Death sum assured + Accrued Annual Guaranteed Additions
In case of death of the life insured during the policy term and while the policy is in force, the Nominee/legal heir will get, Highest of 105 percent of the total Regular / Single Premiums paid or the Regular / Single Premium Fund Value of this Policy.
3.3.8 Annuity
No Endowment Plans Life insurance plans has it !
No Endowment Plans Life insurance plans has it !
3.4 Bonus
Not Available
Not Applicable
4 Provisions
4.1 Renewal
72% Endowment Plans Life insurance plans have it !
72% Endowment Plans Life insurance plans have it !
4.1.1 Renewal Period
Bajaj Allianz R..
2 years
Rank: 3 (Overall)
Not Available
Rank: N/A (Overall)
HDFC Life Group Unit Linked Pension Plan
4.2 Riders
4.2.1 Accidental Death
57% Endowment Plans Life insurance plans have it !
57% Endowment Plans Life insurance plans have it !
4.2.2 ADBR Description
Not Applicable
This rider will be allowed from entry age of 18 years upto 59 years and maximum maturity age of 70 years.
4.2.3 Critical Illness
27% Endowment Plans Life insurance plans have it !
27% Endowment Plans Life insurance plans have it !
4.2.4 CI Description
Not Applicable
Not Applicable
4.2.5 Term Rider
16% Endowment Plans Life insurance plans have it !
16% Endowment Plans Life insurance plans have it !
4.2.6 TR Description
Not Applicable
Not Applicable
4.2.7 Permanent Disability
22% Endowment Plans Life insurance plans have it !
22% Endowment Plans Life insurance plans have it !
4.2.8 PD Description
Not Applicable
Not Applicable
5 Terms and Conditions
5.1 Grace Period
LIC Jeevan Raks..
30 Days
Rank: 1 (Overall)
30 Days
Rank: 1 (Overall)
HDFC Group Term Insurance
ADD ⊕
5.2 Free Look Period
Mera Term Plan
15 Days
Rank: 2 (Overall)
15 Days
Rank: 2 (Overall)
Reliance Online Term
ADD ⊕
5.3 Exclusion On Base Policy
Suicide Clause
Suicide Clause
5.4 Charges
5.4.1 Premium Allocation
4% Endowment Plans Life insurance plans have it !
4% Endowment Plans Life insurance plans have it !
5.4.2 Premium Allocation Charge
Not Applicable
Not Available
5.4.3 Policy Administration
4% Endowment Plans Life insurance plans have it !
4% Endowment Plans Life insurance plans have it !
5.4.4 Policy Administration Charge
Not Applicable
Not Available
5.4.5 Fund Management
4% Endowment Plans Life insurance plans have it !
4% Endowment Plans Life insurance plans have it !
5.4.6 Fund Management Charge
Not Applicable
Not Available
5.4.7 Mortality
5% Endowment Plans Life insurance plans have it !
5% Endowment Plans Life insurance plans have it !
5.4.8 Mortality Charge
Not Applicable
Not Available
5.4.9 Switching
Not Allowed
Allowed
5.4.10 Switching Charge
Reliance Group ..
Not Available
Rank: N/A (Overall)
₹ 100
Rank: 5 (Overall)
SBI Life Kalyan ULIP Plus
5.4.11 Partial Withdrawal
Not Allowed
Not Allowed
5.4.12 Partial Withdrawal Charge
Kotak Invest Ma..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
Aviva Live Smart Plan
5.4.13 Premium Redirection
Not Allowed
Allowed
5.4.14 Premium Redirection Charge
Kotak Invest Ma..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
SBI Life Kalyan ULIP Plus
5.5 Group Members
5.5.1 Addition
Not Allowed
Not Allowed
5.5.2 Deletion
Not Allowed
Not Allowed
5.6 Medical Examination
77% Endowment Plans Life insurance plans have it !
77% Endowment Plans Life insurance plans have it !

Compare DHFL Pramerica Roz Sanchay and Fortune Pro

Compare DHFL Pramerica Roz Sanchay and Fortune Pro on basis of policy details, premium details, eligibility etc. DHFL Pramerica Roz Sanchay is provided by DHFL Pramerica life insurance company ltd.. Fortune Pro is provided by TATA AIA Life. Both these policies come under Endowment Plans. Online buying option is not available for first insurance policy and online buying option is not available for second policy.

Minimum entry age for DHFL Pramerica Roz Sanchay is 8 years and maximum entry age for the same policy is 50 years. Similarly for TATA AIA Life Insurance Fortune Pro, minimum entry age is 0 years and maximum entry age is 59 years. Depending upon the selected plan, the premium amount and payment options may be different. Premium is the amount you pay to the insurance company in exchange of life cover. Premium payment option/s for former policy: Limited Pay and premium payment option/s for latter policy: Limited Pay, Regular Pay and Single Pay. In regular pay mode, you are supposed to pay this money at fixed intervals throughout the policy term whereas for limited pay mode, you are supposed to pay money only for a limited number of years.

Benefits of DHFL Pramerica Roz Sanchay and Fortune Pro

Benefits of DHFL Pramerica Roz Sanchay and Fortune Pro consist of maturity benefit, tax benefit, death benefit etc. Some DHFL Pramerica Roz Sanchay and TATA AIA Life Insurance Fortune Pro Provisions are made for a policy holder. Loan is one such provision. For first plan, a person can apply for loan and second plan does not provide loan facility. Following are the benefits under these insurance policies.

For DHFL Pramerica Roz Sanchay:

  • Tax benefit: Available.
  • Maturity benefit: Available.
  • Death benefit: Available.

For DHFL Pramerica Roz Sanchay:

  • Tax benefit: Available.
  • Maturity benefit: Available.
  • Death benefit: Available.

If the policy has tax benefit, it means that the premium you pay for the policy is eligible for deduction in tax returns along with a part of money you receive on maturity of the policy. If the policy has death benefit, in event of death of the policy holder, all the money paid as premium shall be returned to his family. Even bonus is added to this money for some policies. Thus his family can stay financially secure. Maturity benefit is the money you get at the end of the policy term. This is the total of all the premiums you have paid along with applicable bonus.

Provisions under DHFL Pramerica Roz Sanchay and Fortune Pro

Provisions under DHFL Pramerica Roz Sanchay and Fortune Pro mainly include policy renewal and different types of riders. For DHFL Pramerica Roz Sanchay, policy renewal is allowed Policy renewal is not allowed for TATA AIA Life Insurance Fortune Pro. Different riders such as accidental death benefit rider, critical illness rider etc. are provided for an insurance policy. Riders are special clauses in an insurance policy that cover cases when you won't be able to pay premium. Accidental death benefit rider is not available for first policy and it is available for second policy.Critical illness rider is not available for former policy and it is not available for second policy.Term rider is not available for first insurance policy and this rider is not available for second policy.

Terms and Conditions For DHFL Pramerica Roz Sanchay and Fortune Pro

Terms and conditions for DHFL Pramerica Roz Sanchay and Fortune Pro includes the grace period, free look period, exclusions, riders etc. for both the policies. Grace period can be utilized for paying unpaid premiums. Grace period for these insurance plans is 30 Days. Free look period for these insurance plans is 15 Days.

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