DLF Pramerica Life Insurance launches unit linked pension plan

DLF Pramerica Life Insurance launches unit linked pension plan
PTI
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First Published: Mon, Feb 23 2009. 08 39 PM IST
Updated: Mon, Feb 23 2009. 08 39 PM IST
New Delhi: DLF Pramerica Life Insurance, the joint venture of realty major DLF and US-based Prudential International Insurance, on Monday launched unit linked pension plan DLF Pramerica Golden Age.
“The security provided by DLF Pramerica Golden Age is particularly relevant in these uncertain times. This product offers several advantages and flexibilities to help take care of our customers retirement-related financial worries,” DLF Pramerica Life Insurance managing director and CEO Kapil Mehta said in a release.
It also supports their retirement planning and wealth creation goals for saving regularly towards their policies, by crediting up to 200% of regular premium to their funds over the term of the policy, he added.
DLF Pramerica Life Insurance commenced operations in India on 1 September 2008.
Other than DLF Pramerica Golden Age, its existing product portfolio comprises two other insurance products, DLF Pramerica Family Income Plan, which offers customers regular monthly income to their families in the event of their untimely death.
The other product is DLF Pramerica Wealth+, a mix of investment opportunity and death protection coverage, giving a family the benefit of security along with the potential for above average investment returns.
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First Published: Mon, Feb 23 2009. 08 39 PM IST