DLF Pramerica Income Rakshak

Recommendations :No

Name of the policy :
DLF Pramerica Income Rakshak

A brief desciption :

DLF Pramerica Income Rakshak is a traditional protection cum guaranteed monthly income plan. However, the returns provided by this scheme are way below a simple fixed deposit and when it comes to insurance the SA is much higher in Simple term plan with lower premiums. So it is strongly advisable to avoid this plan.

Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Min Monthly Income- 1000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-60 Years
Surrender :Guaranteed Surrender Value= Present Value of reduced paid up monthly income * Surrender Value Factor

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