Pramerica Life Cancer+Heart Shield
Why should you take this plan?
Pramerica Life Wealth+ Ace a Single Premium Unit Linked Insurance Plan, assists you in achieving your planned milestones by creating investment opportunities, thereby facilitating a financially secure and protected future for your loved ones.
I permit Pramerica Life and its authorized representatives to contact me using my phone number and Email ID only. I overwrite my NDNC registration and agree to NO postal contact.
The Company will add persistency units to your unit account at the end of every 5th year starting from 10th Policy Anniversary, provided they fall within the Policy Term
Avail the option of investing specific amounts on monthly intervals basis, through our 'Systematic Transfer Plan'
On maturity, fund value including the value of persistency units will become payable.
In the event of death, the Policy pays higher of, Sum Assured* less partial withdrawals (if applicable) or Fund Value (including the value of persistency units) or 105% of Premiums paid till date of death.
With Systematic Transfer Plan (STP), you can invest a specific amount in a regular fashion in one or more of the four funds mentioned below,
As our commitment towards your wealth creation objective, while the Policy is in force,
You have an option to choose from four funds to invest your money in
Liquid Fund will be available to the Policyholder only through STP. Investment objective of Liquid Fund is as under.
In addition to above fund an additional fund will be maintained for discontinued policies with the following asset allocation and SFIN.
The minimum guaranteed rate of interest applicable to Discontinued Policy Fund will be specified by the IRDA of India from time to time.
* Age as on last birthday
NOTE: IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. This product does not offer any liquidity during the first five years of the contract. The Policyholder will not be able to surrender/withdraw the monies invested in this product completely or partially till the end of the fifth Policy year.
Pramerica Life Wealth+ Ace: UIN No. 140L025V03. Insurance is the subject matter of solicitation. This product provides life insurance coverage. Service tax and education cess as applicable will be charged over and above of the applicable charges from the unit fund. For more details on risk factors and terms & conditions including policy exclusion, please refer to the detailed plan brochure and policy terms and conditions before concluding a sale. Please refer Rider sales brochure before concluding the sale.