Pramerica Life Assured Wealth Plus
Your future generation deserves a gifted future
Comprehensive Coverage: Financial protection for your loved ones
throughout the policy term.
Simple & Transparent: Easy-to-understand plan with clear benefits.
Guaranteed Maturity Benefit: Lump sum pay-out at the end of
the Policy Term
A Non-Linked Non-Participating Individual Savings Life Insurance Plan. UIN: 140N112V01
Pramerica Life Assured Wealth Plus
UIN: 140N112V01
Important life goals—like your child’s education, buying a home, or a secure retirement—need financial certainty. In an uncertain world, a plan that protects your family and helps you reach your long-term goals is very valuable. Pramerica Life Assured Wealth Plus gives you guaranteed benefits at maturity, full coverage, easy terms, flexible payment options, and tax benefits—so you can plan your future with confidence and peace of mind.
Why choose this plan
Learn more about the plan
Eligibility
Age at Entry
Minimum
91 days#
Maximum
60 years
Maturity Age
Minimum
18 years
Maximum
75 years
Premium Payment Term (PPT)
5,7, &10 year
Policy Term (PT)
Minimum
5
7
10
PT (in years)
10, 15, 20
15, 20
15, 20
Installment Premium
Annual
â‚ą12,000
Quarterly
â‚ą6,120
Quarterly
â‚ą3,120
Monthly
â‚ą1,032
Maximum: No Limit, subject to Board Approved Underwriting Policy
Sum Assured
Min:â‚ą1,32,000
Max: No Limit, subject to Board Approved Underwriting Policy
All reference to age are based on age as on the last birthday. Substandard lives may also be covered subject to Board Approved Underwriting Policy and with any extra Premium, if applicable.
# Ownership for policies issued on minor lives will automatically vest in the name of the Life Assured once h/she attains majority.
Premium Bands
Premium Band
Band 1
Band 2
Band 3
Band 4
Annualized Premium# (in Rs.)
Less than 50,000
50,000 to 99,999
1,00,000 to 1,99,999
2,00,000 & above
# Annualized premium shall be the premium payable in a policy year chosen by the policyholder, excluding the taxes, underwriting extra premiums and loadings for modal premiums, if any. ^^Total Annualized Premiums payable is the sum total of annualized premium for the entire premium payment term as per the policy contract.
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Benefits of buying a Assured Wealth Plus
On survival of the Life Insured till the end of the policy term, while the policy is in force, you shall receive Sum Assured on Maturity in Lumpsum which is equal to Guaranteed Maturity Benefit. Guaranteed Maturity Benefit is defined as % of Total Annualized Premiums Payable^^ by policyholder.
^^Total Annualized Premiums payable is the sum total of annualized premium for the entire premium payment term as per the policy contract.
Single Life Coverage:
In the unfortunate event of death of the Life Insured during the Policy Term while the policy is in-force on the date of death, the beneficiary shall receive the death benefit, which shall be highest of:
• Sum Assured on Death^ (or)Â
• 105% of the total premiums paid* till the date of death (or)
• Surrender Value as on date of death
Upon the payment of death benefit, the policy shall terminate and no further benefits shall be payable.
*Total Premiums paid means total of all the premiums paid under the base product, excluding any underwriting extra, and any rider premium and taxes.
^ Sum Assured on Death is defined as 11 times Annualized Premium
Flexible Premium Payment Modes:
You have an option to pay premiums Annually, Semi-annually, Quarterly or Monthly. Monthly mode is allowed only if the premiums are paid electronically, such as through Credit Card, Direct Debit and ECS/NACH.
You can choose to pay premiums annually, semi-annually, quarterly or monthly. The instalment premium shall be calculated by multiplying Annualized Premium with the below modal factors:
| Premium Modes | Annual | Semi-annual | Quarterly | Monthly |
|---|---|---|---|---|
| Factors | 1 | 0.51 | 0.26 | 0.086 |
Premium Rebates/Discounts:
• The company may offer a discount of 10% on the first year premium to the existing customers, employees of the company/promoters of the company and for policies sourced through Online and Direct Online Channels.
• Female Life Rebate: Premium rate applicable to female life will be based on the premium rate of 3 years younger male.
Why choose Pramerica Life Insurance
99.18% Claim Settlement Ratio
Individual Death Claim Paid Ratio as per audited financials for FY 2024-25
127 Branches PAN India
As reported on Nov 2025
Over 5.2 Million Lives Secured
As on September 2023
Unshakeable life insurance products tailored for your needs
Pramerica Life
Super Investment Plan
- Benefit from Zero premium allocation charge in all years
- Return of Mortality & Waiver of Premium Charges on survival till the end of the Policy Term
Pramerica Life
Cancer + Heart Shield
- Covers different stages of Cancer and Heart conditions
- Monthly Income payable as recuperation benefit to meet your needs.
- No need to pay any premium from the date of first claim for next 3 Policy years
Pramerica Life
Rakshak Smart
- Flexibility to choose from two plan options
- Flexible Premium Payment Modes
- Comprehensive death benefit in Enhanced Life Option
A knowledgeable you is an informed you
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