Terms & Conditions
  • *T&C Applied. Returns guaranteed by the Insurer as per the Insurance Plans.
  • **Returns guaranteed by the insurer
  • *** Tax adjusted Returns - assuming 30% tax bracket

DHFL Pramerica Sahaj Suraksha

*Please note that the quotes shown will be from our partners


DHFL Pramerica  Sahaj Suraksha is a traditional endowment life insurance plan with bonus facility It provides an enhanced life coverage and protection so that unpredictable and devastating circumstances do not impair the future of the policyholders and their loved ones. The policyholders can be confident that they are taking care of their families’ future as well as ensuring that they are creating a corpus for their own future.

Key Features

  • This policy provides long-term life coverage until the age of 75 years.
  • The policyholder receives a guaranteed lump sum payout on survival maturity of the policy.
  • The policy ensures extended protection for the policyholdersloved ones in case of the premature death of the policyholder. The nominees receive the Death Sum Assured plus the accrued bonuses.
  • The policy ensures that the policyholders’ wealth increases by way of the additional bonuses present in the policy.


  • If the policyholder survives until the policy matures which will be when the policyholder turns sixty-five years of age, then he or she receives a Maturity Benefit. The Maturity Benefit is the sum of the Basic Sum Assured plus the accrued Reversionary Bonuses plus the Final Bonus if any.
  • In the sad event of the demise of the policyholder, the nominee receives a Death Benefit.  The Death Benefit paid is the sum of the Death Sum Assured plus the Accrued Reversionary Bonuses, plus the Interim Bonus if any and Final Bonus if any. The Death Sum Assured is calculated as the following:

i)      When the entry age is less than 45 years, the Death Sum Assured is the higher of:

(a)   eleven times the annualized premium, or

(b)   100% of the Base Sum Assured, or

(c)   (70 – Age at entry) x 0.5 x Annualized Premium.

ii)     When the entry age is 45 years or more the Death Sum Assured is the higher of:

(a)   eleven times the annualized premium, or

(b)   100% of the Base Sum Assured, or

(c)   (70 – Age at entry) x 0.25 x Annualized Premium.

  • Tax benefits may be availed as per the prevailing income tax rules of the Income Tax Act.
  • This policy provides Compound Reversionary Bonus, Interim Bonus and Final Bonus that paid as part of the Survival Benefit, Surrender Benefit or Death Benefit.

Product Specification:




Entry Age of the Life Assured (Last Birthday)

18 years

50 years

Maturity Age (Last Birthday) of the Life Assured

75 years

Policy Term (PT) in years

(75 – entry age) in complete years

Premium Paying Term (PPT) in years

15 years

20 years

Premium Paying Frequency

Yearly, Half-yearly, Quarterly, Monthly

Annual Premium

Rs. 6144

Depends on the chosen Sum Assured, Entry age, and Premium Payment Term

Sum Assured

Rs.  100000

No Limit

Details About Premium


Guaranteed Benefits

Non-Guaranteed Benefits @8%


Entry Age (yrs)

Policy Term (yrs)

Premium Payment Term (Yrs)

Sum Assured (Rs.)

Annual Premium (Rs.)

Death Benefit (Rs.) 

Surrender Value (Rs.)

Maturity Benefit  (Rs.)

Death Benefit  (Rs.)

Surrender Value  (Rs.)

Maturity Benefit (Rs.)

Maturity Age (Yrs)






































Policy Details

Grace Period: There is a limited timeframe of 30 days from the due date of the unpaid premium to pay all dues.

Policy Termination or Surrender Benefit: The policy may be surrendered after three years on the condition that all premiums have been paid. The Surrender Value that is paid is the higher of the Guaranteed Surrender Value and the Special Surrender Value. If the policy does not get reinstated within the revival period, the policy is terminated. Termination of the policy also occurs on payment of the Maturity benefit or the Death Benefit.

Free Look Period: Policyholders have a limited free look period of fifteen days from the date of receiving policy documents to review the policy. This timeframe is extended to thirty days in case the policy was sold via distance marketing. If the policyholder does not wish to continue with the policy, then he or she can cancel the policy. The customer will receive premiums paid minus a proportionate premium for the risk borne by the company, including as any extra expenses, such as towards a medical examination or stamp duty charges.

Additional Features or Riders

  • The policy will lapse if the premiums for the first three policy years are not paid within the Grace Period.
  • The revival of a lapsed policy is possible if the policyholder submits a request for reinstatement within a timeframe of two years from the date of the first unpaid premium.
  • If premiums for three policy years are paid, and subsequently the policyholder fails to pay the due premiums within the given Grace Period, the policy acquires Paid- up Value.
  • A policy loan may be availed after the policy achieves Surrender Value, on the condition that the loan amount does not exceed 90% of the Surrender Value.


  • The term insurance cover is void if the person insured, whether sane or insane at the time, commits suicide within one year from the start of the policy cover. The company will refund 80% of the premiums paid to the nominee. In case the person insured commits suicide within one year from the policy reinstatement, the nominee will receive the higher of 80% of the premiums paid or the Surrender Value.

Documents Required

The policyholder has to fill up an ‘Application form’ with photo identity proof (Passport, PAN Card or Driving License) and income proof in the form of a copy of the latest ITR or Form 16 or copies of the last three months salary slips.

fixed deposit with life cover
Written By: PolicyBazaar - Updated: 16 March 2016