Pramerica Life TruShield Term Insurance Benefits

Pramerica Life TruShield Plan Benefits

Below mentioned are some benefits that you can avail under the Pramerica Life TruShield plan:

1. Financial Security: Pramerica Life TruShield plan provides financial security to your family in difficult circumstances such as your unfortunate demise during the policy tenure. In case of your absence, this plan will help your family to maintain a healthy lifestyle. A death benefit shall be provided to the family of life assured in case of an unforeseen demise of the life assured during the policy tenure, the death benefit can be utilised to daily financial expenses and pursue their dreams even in the absence of the life assured.

2. Return of Premiums: Under Pramerica Life TruShield return of premiums is provided at the time of plan maturity. In case the life assured survives the entire policy tenure, total premiums paid excluding the taxes, extra premium or rider premium (if any) shall be provided to life assured at the end of the policy term. The maturity benefit can utilised to fulfill financial goals.

3. Flexibility: Pramerica Life TruShield plan offers flexibility to choose the policy tenure and the premium payment term. At the time of policy issuance, the life assured can choose to have 7,10,12,15 or 20 years policy term. The life assured also has the flexibility to pay premiums one time, regularly or for a certain period of time.

4. Affordable Premiums: Pramerica Life TruShield plan has affordable premium rates. The plan is designed to provide life cover that fits in your budget. This plan provides comprehensive coverage at affordable rates. The life assured has flexibility to pay premiums one time, annually or monthly according to the funds available.

5. 2 Death Benefit Payout Options: Pramerica Life TruShield plan has 2 death benefit payout options to choose from. These death benefit payout options are Level Cover and Reducing Cover. Under level cover option death benefit amount remains constant throughout the policy tenure and under reducing cover option the death benefit amount reduces over the policy term.