Pramerica Life Poorna Rakshak
A 360° product covering every life’s milestone.
Guaranteed Life cover
Assured Income Payouts with every plan
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Flexible plan options to suit your needs
A Non-Linked Non-Participating Individual Savings Life Insurance. UIN: 140N113V01
What is Poorna Rakshak
From securing your child’s education, creating a dependable second income or strengthening your family’s financial safety net, every milestone in life deserves a solution built on certainty. As expenses rise and responsibilities evolve, guaranteed benefits and structured pay-outs can provide the confidence to plan ahead without any compromise.
Introducing Pramerica Life Poorna Rakshak, a Non-Linked, Non-Participating Individual Savings Life Insurance Plan crafted to deliver assured pay-outs and flexible income structures aligned to your goals. With thoughtfully curated variants, this plan empowers you to choose how and when you receive benefits, combining life security with guaranteed returns and income certainty. It’s a disciplined, dependable way to transform long-term aspirations into well-planned financial realities, so you can move forward with assurance and peace of mind.
Why choose this plan
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Benefits of buying Poorna Rakshak
Your child’s aspirations deserve more than support—they deserve a strong financial foundation. Whether it’s specialized training or a world-class education, achieving big dreams calls for thoughtful planning and timely financial support.
That's why this variant provides income payouts during your child’s key milestone years, starting from age 16 or 18 and continuing until age 20 to 25 (both inclusive, as chosen at inception) of the Life Insured (child), along with One Annualized Premium as Guaranteed Lumpsum Benefit (GLB) paid at the end of Policy Term—helping you fund every important step of their journey.
Survival Benefit
In this variant, the Child is the Life Insured and the Parent/Guardian is the Proposer, and the following benefits are payable under the variant:
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, Survival Benefit comprising of Guaranteed Income Benefit (GIB) along with Loyalty Income Benefit (LIB) will be paid as per the Income frequency chosen, from the end of the policy year where the age of the life Insured as on Last Birthday is 16 or 18 years as chosen by the proposer at inception and shall continue till the end of Policy Term (as chosen at inception).
Maturity Benefit
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, the Policyholder/Beneficiary shall receive an amount equal to one Annualized Premium as Guaranteed Lumpsum Benefit (GLB) at the end of the Policy Term.
Death Benefit
In case of death of the Life Insured, provided all due premiums are paid in full and the policy is in-force, the Death Benefit shall be higher of:
- Sum Assured on Death
- 105% of Total Premiums Paid till the date of death (or)
- Surrender Value as on date of death
Upon the payment of Death Benefit to the nominee/policyholder as the case may be, the policy shall terminate and no further benefits will be payable.
Eligibility
| Age at Entry | Minimum: 91 days Maximum: 12 years |
| Maturity Age | Minimum: For ages 0 to 7 = 20 years For ages 8 to 9 = 23 years For ages 10 to 12 = 25 years Maximum: 25 years |
| Premium Payment Term (PPT) | Minimum: 5 years Maximum: For ISY 16 = 15 – Age at Entry For ISY 18 = 17 – Age at Entry |
| Policy Term (PT) | Maturity Age – Age at Entry |
| Income Start Year (ISY)/Month | 16 or 18 years of age of the Life Insured |
| Income Payout Modes | Annual, Semi-Annual and Monthly |
| Premium Payment Modes# | Annual, Semi-Annual and Monthly |
| Premium (Annual mode, Minimum Instalment) | ₹30,000 |
| Premium (Semi-Annual mode, Minimum Instalment) | ₹15,300 |
| Premium (Monthly mode, Minimum Instalment) | ₹2,580 |
| Sum Assured on Death | 7 or 11 times of Annualized Premium |
All reference to age is 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. Taxes as applicable will be charged over and above the quoted Premium.
Your financial plans deserve more than just careful saving—they deserve a reliable second income you can count on. Whether it's funding future goals, creating a safety net, or boosting long-term security, having a steady cash flow can make every step easier.
That's why Early Income variant provides regular income payouts starting from the 2nd/ 3rd or 4th Policy Year (based on the selected premium payment mode and payout start year/month chosen at inception*) continuing until the end of Policy Term, with Guaranteed Lumpsum Benefit equal to return of 80% or 100% (as chosen at inception) of the Total Annualized Premiums paid at maturity - helping you create a dependable second income while ensuring a rewarding payoff at the end.
*refer to benefits section for more details
Survival Benefit
Under this variant, the policyholder/Life Insured shall receive the benefits defined as follows:
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force,
The Policyholder/Life Insured shall receive Guaranteed Income Benefit (income pay-out) expressed as a percentage of Annualized Premium as per the Income Start Year/Month and Premium payment mode chosen as inception.
If the selected premium payment mode is annual, the Guaranteed Income Benefit (GIB) will be paid at an interval of 12 months starting from the end of 15th/ 27th/ 39th month (as chosen at inception) till the end of the Policy Term as opted at inception.
If the selected premium payment mode is semi-annual or monthly, GIB will be paid each year starting from end of 2nd /3rd /4th policy year, (as chosen at inception) till the end of the Policy Term as opted at inception.
Maturity Benefit:
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, the Policyholder/ Life Insured shall receive Total Maturity Benefit defined as an amount equal to 80% or 100% (as chosen at inception) of the Total Annualized Premiums Paid, at the end of Policy Term, out of which 50% shall be paid as Accrued Guaranteed Additions (AGA) and the remaining 50% shall be paid as a Guaranteed Lumpsum Benefit(GLB). Accrued Guaranteed Additions will accrue in arrear uniformly from end of 3rd policy year to end of Premium Paying Term given Premiums are paid for that Policy year in full.
Death Benefit
In case of death of the Life Insured, provided all due premiums are paid in full and the policy is in-force, the death benefit shall be higher of:
- Sum Assured on Death
- 105% of Total Premiums Paid till the date of death (or)
- Surrender Value as on date of death
Upon the payment of Death Benefit to the nominee/policyholder as the case may be, the policy shall terminate and no further benefits will be payable.
Eligibility
| Age at Entry | Minimum: 91 days Maximum: For PPT 5 years: 45 years For PPT 8,10 or 12 years: 50 years |
| Maturity Age | Minimum: 25 years Maximum: 80 years |
| Premium Payment Term (PPT) | 5, 8, 10 and 12 years |
| Policy Term (PT) | 25, 30 and 40 years |
| Income Start Year (ISY)/Month | For Annual Mode – 15th /27th /39th month For Non-Annual modes – 2nd / 3rd / 4th year |
| Income Payout Modes | Annual, Semi-Annual and Monthly |
| Premium Payment Modes# | Annual, Semi-Annual and Monthly |
| Premium (Annual mode, Minimum Instalment) | ₹30,000 |
| Premium (Semi-Annual mode, Minimum Instalment) | ₹15,300 |
| Premium (Monthly mode, Minimum Instalment) | ₹2,580 |
| Sum Assured on Death | 7 or 11 times of Annualized Premium |
All reference to age is 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. Taxes as applicable will be charged over and above the quoted Premium.
#Income Booster option is only allowed for Annual mode of premium payment.
Your financial plans deserve more than just long-term growth—they deserve a strong start. With an instant payout shortly after policy issuance, you gain immediate liquidity to kickstart your goals, to meet your immediate as well as future needs.
That’s why Income Booster Variant provides an Instant Cashback of 25% or 35% of Annualized Premium within 10 days of realization of the first year’s premium by the company post issuance.
Additionally, it also provides regular income payouts starting from end of 15th / 27th or 39th month (as chosen at inception) in the interval of 12 months, continuing till the end of Policy Term, with Guaranteed Lumpsum Benefit equal to return of 80% or 100% (as chosen at inception) of the Total Annualized Premiums paid at maturity—helping you create a dependable second income while ensuring a rewarding payoff at the end.
Survival Benefit
Under this variant, the policyholder/Life Insured shall receive the benefits defined as follows:
a) An Instant Cashback of 25% or 35% (to be chosen at inception) of Annualized Premium is paid back to the Policyholder/Beneficiary within 10 (ten) days of realization of the first year’s premium by the company post issuance of the policy. Only Annual mode of premium payment is allowed for this variant.
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, the Policyholder/Life Insured shall receive the following benefit:
b) Guaranteed Income Benefit (income pay-out) expressed as a percentage of Annualized Premium is paid at an interval of 12 months starting from the end of 15th/ 27th/ 39th month (as chosen at inception) till the end of the Policy Term
Maturity Benefit
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, the Policyholder/ Life Insured shall receive Total Maturity Benefit defined as an amount equal to 80% or 100% (as chosen at inception) of the Total Annualized Premiums Paid, at the end of Policy Term, out of which 50% shall be paid as Accrued Guaranteed Additions (AGA) and the remaining 50% shall be paid as a Guaranteed Lumpsum Benefit (GLB).
Accrued Guaranteed Additions will accrue in arrear uniformly from end of 3rd policy year to end of Premium Paying Term given Premiums are paid for that Policy year in full.
Death Benefit
In case of death of the Life Insured, provided all due premiums are paid in full and the policy is in-force, the death benefit shall be higher of:
- Sum Assured on Death
- 105% of Total Premiums Paid till the date of death (or)
- Surrender Value as on date of death
Upon the payment of Death Benefit to the nominee/policyholder as the case may be, the policy shall terminate and no further benefits will be payable.
Eligibility
| Age at Entry | Minimum: 91 days Maximum: For PPT 5 years: 45 years For PPT 8,10 or 12 years: 50 years |
| Maturity Age | Minimum: 25 years Maximum: 80 years |
| Premium Payment Term (PPT) | 5, 8, 10 and 12 years |
| Policy Term (PT) | 25, 30 and 40 years |
| Income Start Year (ISY)/Month | 15th /27th /39th month |
| Income Payout Modes | Annual, Semi-Annual and Monthly |
| Premium Payment Modes# | Annual, Semi-Annual and Monthly |
| Premium (Annual mode, Minimum Instalment) | ₹30,000 |
| Premium (Semi-Annual mode, Minimum Instalment) | ₹15,300 |
| Premium (Monthly mode, Minimum Instalment) | ₹2,580 |
| Sum Assured on Death | 7 or 11 times of Annualized Premium |
All reference to age is 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. Taxes as applicable will be charged over and above the quoted Premium.
#Income Booster option is only allowed for Annual mode of premium payment.
Your long-term plans deserve more than just patience-they deserve a structured income that grows meaningfully over time. Whether it's funding major milestones, building a secure future, or creating a financial cushion, periodic support can make every step more manageable.
That's why Smart Money Back variant provides Guaranteed Income Benefits paid at five-year intervals in arrears, starting from the end of the 4th or 5th policy year (as chosen at inception), with each payout doubling the previous one. This increasing payout structure ensures your financial support grows steadily, helping you meet bigger goals with confidence at every stage.
Survival Benefit
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force,
Guaranteed Income Benefit will be paid periodically commencing 4th / 5th policy year as chosen at inception will be paid to the Policyholder/Beneficiary. Once the Guaranteed Income Benefit (GIB) starts subsequent GIB will be paid after every 5 years. The GIB will be increasing pay-outs, where each pay-out shall be twice the amount of the previous payout as defined in the table below:
Where x = GIB amount (GIB%*Annualized Premium) for the 1st payout.
Maturity Benefit
There is no Maturity Benefit in this plan.
Death Benefit
In case of death of the Life Insured, provided all due premiums are paid in full and the policy is in-force, the death benefit shall be higher of:
- Sum Assured on Death
- 105% of Total Premiums Paid till the date of death (or)
- Surrender Value as on date of death
Upon the payment of Death Benefit to the nominee/policyholder as the case may be, the policy shall terminate and no further benefits will be payable
Eligibility
| Age at Entry | Minimum: 91 days Maximum: For PPT 5 years: 45 years For PPT 8,10 or 12 years: 50 years |
| Maturity Age | Minimum: 24 years Maximum: 75 years |
| Premium Payment Term (PPT) | 8, 10 and 12 years |
| Policy Term (PT) | 24 or 25 years |
| Income Start Year (ISY)/Month | 4th or 5th policy year |
| Income Payout Modes | Annual |
| Premium Payment Modes# | Annual, Semi-Annual and Monthly |
| Premium (Annual mode, Minimum Instalment) | ₹30,000 |
| Premium (Semi-Annual mode, Minimum Instalment) | ₹15,300 |
| Premium (Monthly mode, Minimum Instalment) | ₹2,580 |
| Sum Assured on Death | 7 or 11 times of Annualized Premium |
All reference to age is 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. Taxes as applicable will be charged over and above the quoted Premium.
Steady financial support can make long-term planning more confident and balanced. With structured payouts from the mid-policy years aligned to your premium cycle, it helps manage ongoing needs while building long-term value, along with an added benefit at maturity.
That’s why Smart Saver variant provides income payouts paid from the beginning of 6th year to 10th year along with a Guaranteed Lumpsum Benefit paid at the end of the Policy Term.
Under this variant, the policyholder/Life Insured will receive the benefits as follows:
Survival Benefit
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, Guaranteed Income Benefit (GIB) equal to 50% of One Modal Premium along with Loyalty Income Benefit (LIB) equal to 50% of One Modal Premium will be paid from the beginning of 6th policy year till beginning of 10th policy year to the Life Insured as and when the premium payment is due.
Loyalty Income Benefit will only be paid if premium for first 5 years has been paid in full.
Maturity Benefit
Upon survival of the Life Insured during the Policy Term, provided all due premiums have been paid in full, and the policy remains in force, the Policyholder/Beneficiary shall receive Guaranteed Lumpsum Benefit (GLB) as an amount equal to X% of the Total Premiums Paid shall be paid at the end of the Policy Term.
Where X is varies basis age, Premium Band & Sum Assured Multiple of the Life Insured.
Death Benefit
In case of death of the Life Insured, provided all due premiums are paid in full and the policy is in-force, the death benefit shall be higher of:
- Sum Assured on Death
- 105% of Total Premiums Paid till the date of death (or)
- Surrender Value as on date of death
Upon the payment of Death Benefit to the nominee/policyholder as the case may be, the policy shall terminate and no further benefits will be payable.
Eligibility
| Age at Entry | Minimum: 91 days$ Maximum: For PPT 5 years: 45 years For PPT 8,10 or 12 years: 50 years |
| Maturity Age | Minimum: 18 years Maximum: 65 years |
| Premium Payment Term (PPT) | 10 years |
| Policy Term (PT) | 15 years |
| Income Start Year (ISY)/Month | Beginning of 6th policy year |
| Income Payout Modes | Same as premium payment mode |
| Premium Payment Modes# | Annual, Semi-Annual and Monthly |
| Premium (Annual mode, Minimum Instalment) | ₹30,000 |
| Premium (Semi-Annual mode, Minimum Instalment) | ₹15,300 |
| Premium (Monthly mode, Minimum Instalment) | ₹2,580 |
| Sum Assured on Death | 7 or 11 times of Annualized Premium |
All reference to age is 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. Taxes as applicable will be charged over and above the quoted Premium.
$Subject to minimum maturity age of 18 years
Why choose Pramerica Life Insurance
99.29% claim paid ratio
Individual Death Claims Paid Ratio as per audited financials FY’26
125 Branches PAN India
As reported on 31st March 2026
Safeguarding 70 Lakh+ rising Indians
(Group+Individual) in-force lives as on March’26
Need assistance?
We are happy to help you. Talk to our expert and choose the right plan as per your needs.
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