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Sudeep

Question

How Is DLF PRAMERICA AS A COMPANY AND WHAT ABOUT THE FUTURE IDOLS GOLD PLAN

Asked By: Sudeep
On: 23rd Jul 2012 9:10 PM
Answered Within: 19 Hours

MIC Expert

Answer

Dear Sudeep,

DLF Pramerica Future Idols Gold Plan is a Child Plan which is not linked to the market returns. It is a Traditional Child Plan where the parent is the Life Insured but the plan is for the benefit of the child. This plan does not cover the life of a child but it is meant for the security of the child’s future even if anything like death or total and permanent disability happens to the parent.

In this plan if the Life Insured, i.e. the parent dies or meets with total and permanent disability within the policy tenure, no further premiums need to be paid and the child would receive 50% of the Sum Assured for immediate expenses + 1.5% of the Sum Assured as Monthly Payouts every month till the end of policy tenure to pay for expenses like school fees, etc. + the entire Sum Assured is again paid on maturity. However, if the Life Insured lives throughout the policy term, then also the Sum Assured is paid on maturity.

Click here to read full Review of DLF Pramerica Future idols Gold Plan

Answered By: MIC Expert
On: 24th Jul 2012 4:13 PM

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