In Unit Linked Insurance Policies, the investment risk is borne by the policyholder. These insurance products do not offer any liquidity in the first 5 years, as they have a mandatory lock-in period of 5 years. During this period, the policyholder cannot fully or partially withdraw the invested amount or surrender the policy.
Pramerica Life ULIP Plans
Pramerica Life ULIP Plans are a dynamicand versatile suite of insurance products that combine life protection with wealth creation opportunities. Pramerica Life’s Unit Linked Insurance Plans (ULIPs) offer the benefits of both financial security and investment growth. It provides you with a unique opportunity to secure your future while actively participating in the potential upside of the financial markets.
Returns as on 05-11-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
Key Features of Pramerica Life ULIP Plans
Different Goals, Different Plan Choices:
There are different ULIP plan with wealth-oriented, child-oriented, inheritance-oriented, retirement-oriented and protection-oriented categories.
Choice of Single Premium & Regular Premium:
The portfolio has ULIP options of single pay, limited pay & regular pay. Spend a lot on Wealth Enhancer and Wealth+ Ace.
Multiple Investment Strategies:
Many schemes offer alternatives such as Defined Portfolio, Life Stage Portfolio, Systematic Transfer Plan (STP) and Fund Conservation.
Wide Choice of Funds:
You can select from 6 to 12 funds that include stocks, debt, balanced and liquid funds in schemes.
Supplemental Insurance for Some Options:
The options like Invest Shield and Smart Invest provide a greater multiple for life insurance and recovery of mortality expenditures.
Several programs provide unlimited transfers and premium redirection.
Why Invest in India's Growth Story?
Long term investing is being increasingly considered by investors as part of their financial planning to balance wealth accumulation with financial security. AMFI data shows that SIP accounts in India have crossed the 10 crore mark in FY24, showing growing involvement in long-term, market-linked investment.
ULIPs provide a flexible option that links investing with life cover and is suitable for those wishing to develop wealth and life cover, with a choice of funds, premium payments and protection needs.
ULIP stands for Unit Linked Insurance Plan , offering you the flexibility to invest in various funds while providing life insurance coverage. Pramerica ULIP Plan is an investment option that combines insurance with investment opportunities. It allows you to customise your Pramerica Life investment plan based on your risk appetite and financial goals.
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How Much Historical Returns are Provided by the Plans?
Investment Scenario
Monthly Investment:
₹22,000
Investment Duration:
18 years
Exit Timeline:
At Policy Maturity
Product Category:
Market-Linked ULIP Plans
Scenario 1:
Returns @ 4%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Pramerica Life Invest Shield
₹88.2 L
4%
Pramerica Life Smart Invest 1 UP
₹87.5 L
4%
Pramerica Life Smart Invest
₹86.8 L
4%
Pramerica Life Super Investment Plan
₹85.4 L
4%
Pramerica Life Wealth Maximiser
₹83.9 L
4%
Pramerica Life Smart Wealth+
₹82.6 L
4%
Pramerica Life Wealth Enhancer
₹80.8 L
4%
Pramerica Life Wealth+ Ace
₹79.4 L
4%
Scenario 2:
Returns @ 8%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Pramerica Life Invest Shield
₹1.63 Cr
8%
Pramerica Life Smart Invest 1 UP
₹1.59 Cr
8%
Pramerica Life Smart Invest
₹1.56 Cr
8%
Pramerica Life Super Investment Plan
₹1.51 Cr
8%
Pramerica Life Wealth Maximiser
₹1.47 Cr
8%
Pramerica Life Smart Wealth+
₹1.44 Cr
8%
Pramerica Life Wealth Enhancer
₹1.40 Cr
8%
Pramerica Life Wealth+ Ace
₹1.37 Cr
8%
Note: Past performance is illustrative. Actual returns depend on market conditions, fund choice, and economic cycles. Historical returns do not guarantee future performance.
Benefits of Pramerica Life ULIP Plans
Long Term Wealth Creation:
You can create a long term corpus for your future financial goals by investments in equities, debt, balanced and liquid funds.
Life Cover with Assets:
Life Cover with Assets is a financial protection product linked to market assets. Some versions pay multiples of life insurance & a continuous benefit.
Varied Investment Strategies:
Some plans give benefits like Defined Portfolio, Life Stage Portfolio, Systematic Transfer Plan (STP) and Fund Conservation, which help to match investments with changing market conditions, age and risk appetite.
Flexibility with Fund Switches and Withdrawals:
Some plans include unrestricted fund switches, premium redirections, systematic withdrawals and settlement payment options.
List of Pramerica Life ULIP Plans
Pramerica Life Insurance Company sells ULIP Plans to its customers, providing dual benefits of market-linked returns and life insurance protection under the same plan. Let us see the different types of plans offered by the company:
Here is a closer look at the available plan options.
Pramerica Life Smart Invest
Pramerica Life Smart Invest is a Unit Linked Insurance Plan that helps you achieve your financial goals while providing life insurance, refund of mortality charges and various plan alternatives as you move through different phases of life.
Key Features of Pramerica Life Smart Invest
Three Plan Options:
Policyholders may opt for Wealth Builder, Dream Builder and Legacy Builder to suit their financial goals and life-stage demands.
Return of Mortality Charges (ROMC):
Mortality charges collected during the insurance period may be reimbursed on surviving till maturity or age-associated milestones depending on the choice chosen.
No Premium Allocation and Policy Administration Expenses:
The plan offers no premium allocation and no policy administration expenses during the policy term.
Increased Allocation Benefits:
1% increased allocation for the first five insurance years with additional benefits for female lives.
Investing Strategies and Investment Funds Selection:
Presents two investing strategies and six investment fund options, considering distinct risk-return preferences.
Dream Builder Continuance Benefit:
Under Dream Builder, the policy may continue with financial support to beneficiaries in case of the life insured’s death.
Pramerica Life Wealth Enhancer
Pramerica Life Wealth Enhancer is a single-premium ULIP designed for lump-sum investing with wealth additions, wealth boosters, and life-stage-based investing options.
Key Features of Pramerica Life Wealth Enhancer
Single Premium Option:
Invest a single sum amount and receive benefits for up to 20 years.
Wealth Additions:
Additional units are added from the first policy year which assists in building long term corpus.
Wealth Boosters:
Policyholders may be eligible to receive wealth boosters on achieving specific policy milestones to enhance the fund value (if applicable).
Two Investment Strategies:
Defined Portfolio Strategy & Life Stage Portfolio Strategy based on your investment desire.
Fund Conservation Option:
It has a provision to protect the fund value against market volatility in the later years of the policy.
Choice of 10 Funds:
Policyholders may allocate investments across 10 fund options aligned with different risk profiles.
Pramerica Life Super Investment Plan
Pramerica Life Super Investment Plan is a Unit Linked Insurance plan, it’s basically designed for long term wealth growth with persistency benefits and return of charges.
Key Features of Pramerica Life Super Investment Plan
Three Plan Alternatives:
Wealth Builder, Dream Builder and Inheritance Builder alternatives for different financial needs.
Zero Premium Allocation Charge:
No premium allocation charge is payable in any policy year under this plan.
Persistency Additions and Persistency Boosters:
Persistency Additions and Persistency Boosters may be paid to eligible policyholders at regular intervals over the term of the policy.
Mortality and Waiver Charges:
The charges deducted are recoverable on survival till maturity as per insurance requirements.
Two Investment Strategies with Nine Funds:
Portfolio Flexibility with Nine Fund Choices and Two Investment Strategies.
Systematic Withdrawal Plan:
Meets the regular financial requirements of recurring withdrawals.
Pramerica Life Wealth Maximiser
Pramerica Life Wealth Maximiser, a Unit Linked Insurance plan, is designed for long-term wealth creation. It comes with flexible premium structures and life cover options as well as long-term fund enhancement benefits.
Key Features of Pramerica Life Wealth Maximiser
Flexible Premium Structures:
Policyholders can opt for Single Pay, Limited Pay and Regular Pay as per their investment desire and affordability.
Multiple Life Cover Options:
The policyholder can choose from several sum assured options based on their age and protection needs.
Persistency Units & Wealth Boosters:
Persistency Units & Wealth Boosters are to help the qualifying policyholders accumulate long term corpus at certain intervals.
Two Investment Strategies:
The Defined Portfolio Strategy and Life Stage Portfolio Strategy help align investments with changing age profiles and market conditions.
Top-up Premium Option:
Policyholders have an option to pay top-up premiums to increase the fund value and life cover, subject to plan criteria.
Pramerica Life Smart Wealth+
A Unit Linked Insurance Plan where the premiums paid are invested in the market for linked returns.
Key Features of Pramerica Life Smart Wealth+
Fund Switching:
Switch your investments across different funds to adapt to market conditions.
Persistency Units:
Get rewarded for staying invested with bonus units allocated at the 10th, 15th, and 20th policy anniversaries.
Top-up Premiums:
Increase your investment corpus anytime during the policy term.
Automatic Switch to Debt Fund:
Towards the end of the policy term (last 3 years), your investments are gradually shifted to a debt fund for capital protection.
Pramerica Life Wealth+ Ace
A Unit Linked Insurance Plan under which the premium is paid only at plan commencement in one lump sum.
Key Features of Pramerica Life Wealth+ Ace
STP (Systematic Transfer Plan) Option:
Invest a fixed amount regularly through automatic transfers from your bank account.
Top-up Premiums:
Make additional investments to boost your fund value.
Rider Options:
Enhance your coverage with optional riders like critical illness cover or accidental death benefits.
Tax Benefits:
Enjoy tax deductions on premiums paid and maturity proceeds under Section 80C and 10(10D), respectively, of the Income Tax Act.
Pramerica Life Smart Invest 1 UP
Pramerica Life Smart Invest 1 UP is a Unit Linked Insurance Plan that provides goal driven investing with the benefits of guaranteed additions, return of mortality costs & family protection.
Key Features of Pramerica Life Smart Invest 1 UP
2 Plan Options:
Wealth Builder and Dream Builder are the two options. Both plans are designed to meet the needs of various life stages.
Guaranteed Additions:
Guaranteed additions up to 10% of the premium paid in the first year of the policy.
No Premium Allocation & Policy Administration Expenses:
There are no premium allocation and also no policy administration expenses over the full policy term.
Return of Mortality Charges (ROMC):
The charges deducted may be refunded on survival till maturity as per the terms of the plan.
Dream Builder Continuance Benefit:
Dream Builder beneficiaries will be able to continue to receive the policy benefits and regular income in the event of death of the life insured.
Investing Alternatives:
Has nine fund alternatives and two investing techniques.
Pramerica Life Invest Shield
Pramerica Life Invest Shield is a Unit Linked Insurance Plan designed for higher life cover, long-term wealth creation, and charge-return benefits through market-linked investing.
Key Features of Pramerica Life Invest Shield
Two Plan Options:
Policyholders may choose between Classic (with allocation charge) and Pro (without allocation charge) options.
Return of Mortality Charges:
From the end of the 11th policy year, 50% to 300% of mortality charges may be added back to the fund value, depending on policy conditions.
Refund of Premium Allocation Charges:
100% of premium allocation charges may be returned between the 11th and 17th policy year.
Persistency Boosters and Maturity Additions:
Includes persistency boosters at periodic milestones and maturity additions to support long-term fund growth.
Flexible Investment Choices:
Offers two investment strategies and nine fund options aligned with different financial goals and risk preferences.
Flexible Premium Payment Options:
Available with limited pay and regular pay structures across multiple policy terms.
Why Buy Pramerica Life ULIP Plans from Policybazaar?
Over 9 lakh customers have invested ₹12,400 Cr through Policybazaar
No hidden charges. All costs and returns are clearly disclosed
Certified advisors provide unbiased guidance based on your needs
IRDAI-regulated, ensuring advice is in the customer’s interest
Choosing the right Pramerica ULIP plan requires careful consideration of your individual needs and circumstances, such as the following:
Assess your financial goals and risk tolerance.
Understand the plan options and features.
Consider the fund options available.
Compare charges and fees associated with the plan.
Check the historical performance of the funds.
Review the flexibility and liquidity features.
Consult with a financial advisor for personalized advice.
Read and understand the policy document before making a decision.
Which Pramerica ULIP plans offer return of mortality charges?
Plans such as Pramerica Life Smart Invest, Smart Invest 1 UP, Super Investment Plan, and Invest Shield include return of mortality charge benefits, subject to plan terms and policy continuation conditions.
Which Pramerica ULIP plan is suitable for lump-sum investing?
Pramerica Life Wealth Enhancer and Pramerica Life Wealth+ Ace are single premium ULIPs that would suit investors who would like to invest a lump sum and would want to avail market-linked growth opportunities.
What investment strategies are available under Pramerica Life ULIP plans?
Based on the plan, policyholders have options to manage their investments throughout market volatility with strategies like Defined Portfolio Strategy, Life Stage Portfolio Strategy, Systematic Transfer Plan (STP) and Fund Conservation Option.
"I have dhfl pramerica traditional plan. The policy coverage is 87% and the claims are high which can be easily sanctioned. The service provided by the executives and staff members are fast and responsive. Nice policy plan which save taxes also. Good behaviour of executives and staff members is very nice. Best investment."
MS
Mankaran
Gwalior, January 16, 2025
Nice Insurance
"I have traditional insurance policy plan which i buy from dhfl prameirca life insurance. The policy coverage is 89% and the claims are good. The premiums are low and the claiming process is easy and sanctioned in short time period. The policy is good future investment and it saves taxes too."
RS
Rahul
Kalyan, January 16, 2025
Good Traditional Plan
"I have dhfl pramerica traditional plan. The policy is great with maximum benefits. The policy coverage is high ~91%. The investment is low approx. Rs.9.3 K quarterly per year. The claims are good and easily cleared without waiting. Payback amount is nice ~rs.36 L. Good future investment, Even regular updates regarding policy is send to me time to time."
YY
Yogesh
Sonipat, January 16, 2025
Awesome
"Policy has all benefits and the investments are also low. Around Rs.35 L is payback amount. DHFL pramerica life insurance provide me traditional plan which has good facilities and the service is very quick. The up gradation details in policy is mailed to me time to time. Fantastic future investment. Good behaviour of executives is really very impressive."
PC
Pariniti
Ahmedabad, January 16, 2025
Above Average
"I invest my money in dhfl pramerica traditional plan. The policy coverage is good ~90% and the claims are high. The premiums are low ~13 K quarterly per year. Paybacks are really very good Rs.41 L. Good investment and tax saver policy plan. The executives and staff members are behave well with fast service. Good job guys."
BS
Bhupesh
Dwarka, January 16, 2025
Damn Good
"The traditional policy plan i have from dhfl pramerica life insurance which is really nice plan. The premium is low and the policy coverage is around 92% and claims are high. Services is fast, so any work is done without waiting and no paper work. Good policy which save taxes. Daily updates send to me regularly. Fully satisfied."
GS
Gaurav
Patiala, January 16, 2025
High Coverage
"I own dhfl pramerica traditional plan. Plan is good and premium is low. Policy coverage is high ~90% and payback returns good too. Claiming amount is Rs.41 L. Service is fast like super sonic. The daily updates are mailed to me time to time. The service facilitate by the executives and staff members is very good and the behaviour is also nice."
SS
Sandeep
Sonipat, January 16, 2025
Good Service
"I have policy, dhfl pramerica traditional plan. The policy coverage is high ~91% and the premium is low. The claims are high with easy claiming process, no paperwork no tension. The service facilitate by the executives and the staff members is really very nice. Good future investment."
US
Uttam
Patna, January 16, 2025
Perfect
"Policy has all benefits and the investments are also low. Around Rs.37 L is payback amount after policy end. DHFL pramerica traditional plan which has nice facilities and the service is very quick. This is good future investment which is tax saver also. The service provided by the executives is nice. Regular updates are mailed to me. Good Policy."
OJ
Ojasvi
Bhiwadi, January 16, 2025
Super Policy
"I have traditional policy plan from dhfl pramerica life insurance. The policy provides good coverage with low premiums. Claims are around Rs.36 L. Service always on time. The executives and staff members are facilitate great services. Daily updates are mailed to me. The behaviour of the company members are also nice. I like the policy."
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
