DLF Pramerica Fee Protect + Plan

Recommendations :No

Name of the policy :
DLF Pramerica Fee Protect + Plan

A brief desciption :

DLF Pramerica Fee Protect + Plan is a traditional child plan that caters the need of child's education. In this plan if the Life Insured, i.e. if the parent dies within the policy tenure, no further premiums need to be paid and the child would receive Monthly Payouts every month till the end of policy tenure which increases every year from the second year. However the cost of insuring is more than a simple term plan and returns can be way higher in other investment tools like mutual funds so such plans are eventually unaffordable and worthless.

Started date :20/11/2009
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Monthly Payout Min- 1000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-55 Years
Surrender :Avaliable but with no clear details

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