To offer life insurance without paperwork or medical examination
DLF Pramerica Life Insurance (DPLI), a joint venture between DLF and Prudential International Insurance Holdings (PIIH), has introduced DLF Pramerica Tatkaal Suraksha, a unit linked insurance plan. It is intended to offer life insurance without lengthy paperwork or medical examination – reported in myiris.com.
DLF Pramerica Tatkaal Suraksha also offers other benefits like, in case of an unfortunate demise in an accident, the beneficiary gets double the death benefit.
There is an option to withdraw funds partially in case of financial emergencies and also to help safeguard the fund value before maturity, by systematically switching investments to debt funds during the last three years of the policy.
DLF Pramerica Tatkaal Suraksha is particularly well suited for distribution through Corporate Agents and Brokers, because of the simplified nature of the product and the easy-to-describe customer proposition.
DLF is a real estate development company in India.
PIIH is a wholly-owned subsidiary of Prudential Financial (PFI).