DHFL Pramerica Life Insurance Company
DHFL Pramerica Life Insurance Company Ltd. (DPLI) is basically a joint venture between Dewan Housing Finance Corporation Ltd. (DHFL which is one of the housing finance companies and Prudential International Insurance Holdings, Ltd. (PIIH), a financial services leader headquartered in the U.S. DPLI symbolizes the coming together of two well-known financial services companies with a legacy of business excellence. The life insurance joint venture agreement between the two partners was signed in July 2013.
Life insurance provides safety for life. It makes sure that you are ready to face the different stages of your life. Different plans of life insurance policies prepare you and provide you the required coverage when you need it most.
Importance of life insurance
Life Insurance is still a doubted case for many people as they do not understand the importance of life insurance and several helpful benefits that they will get under a life insurance plans. Starting from providing financial assistance to the insured family till different saving option, life insurance serves all. You don’t know what will happen in future and what circumstance you have to face in the future, so it is better to be ready for the same with the effective life insurance plan. People always think that’s life insurance is only a protection policy, but you are aware of several different investment options. A life insurance plan is a perfect wealth accumulation policy and offers access to liquidity at the appropriate time if you add it to your financial portfolio.
Most of the people usually get confused that how much should they invest in life insurance and different investment options such as bonds, stock, real estate and many other options as well. Life insurance plan refers to be good investment options. It is comparatively affordable, simpler and easy to use. It caters to different needs of a person.
It is totally up to you that which plan you want to buy. You can go for a pure protection plan. It is advisable that you should go for a life insurance plan at an early age, it will help you in saving a lot of money. You can go for the unit-linked insurance plan that offers the benefits of investment and insurance also. You can also secure your child future needs with an effective life insurance policy. It will be there to help you in a hard time as well.
We all know that a life insurance plan is a protection tool, but apart from that life insurance plan also helps a customer in making savings as well. It will help you in creating a good corpus. It will offer great returns to you.
Deal with multiple needs
The main objective of a life insurance plan is to secure the financial requirement of the insured family in case of his/her demise or permanent disability. A life insurance will serve different needs of a life insurance plan depends upon different stages of life such as the expectation of liabilities, number of dependants, lifestyle and financial goal as well. If you know your needs then it would be easier for you choose the right insurance plan whether it is child’s future needs, daughter's marriage, and post-retirement expenses as well.
It helps you in getting different tax benefits that can make it a more attractive option.
How much you require?
While there are different options available online, there are few thumb rules as well that will help you in getting the desired plan. The most common and helpful way of calculating a life insurance plan is a to calculate the same at about 20-times of your current annual income.
On searching online, you many get several products that will cater to investment and wealth creating needs of an insured. It offers secure and disciplined savings needs that will offer great insurance options. You must first understand your needs and then search for the best solutions accordingly. DHFL Pramerica Life Insurance Company is the best options tod deal with all form of life insurance needs.
The claim is something for which you have invested so far. It is the fruit of your saving that you will get later. It is the most important stage of life and for some people, it is complicated as well. You will be always looking for an easier claim filing process that will offer claim amount asap.It is advisable for you to understand that when you purchase a life insurance plan, you must look for its inclusion and exclusions to get best results. This will help you in clearing confusion as well. DHFL Pramerica Life Insurance Company offers a simple claim filing process and will be there to help you where you need it.
Documents Required For filing Claim
When you are planning to file a claim you must ensure that you have the right documents alongside to avoid any misunderstanding. The claim filing process of DHFL Pramerica Life Insurance Company is very easy and the company carries a good claim ratio so you can trust it for your financial needs.
The death certificate (In case of death)
Original policy documents
ID proof of the beneficiary
Age proof of insured
Discharge form (executed and witnessed)
Medical certificate (as proof for cause of death)
Police FIR (in case of unnatural death)