Pramerica Life Insurance launches Pramerica Life Rocksolid Future with guaranteed returns

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New Delhi, Delhi, India (NewsVoir) • Offers guaranteed benefits1 that provide financial security without any ambiguity • Flexible payout options between lump sum or income benefits, meeting individual financial preferences.

• Diverse plan options include Income Builder, Family Income Builder, Fortune Builder and Dream Builder to suit specific protection and savings needs. Pramerica Life Insurance, one of the leading life insurance companies in India, has announced the launch of its latest offering, Pramerica Life RockSolid. Future (UIN:140N089V01). The newly launched scheme is an individual non-participating non-linked savings life insurance plan, offering the option of receiving guaranteed regular income or a lump sum on maturity with tax benefits2. Speaking at the launch, Pankaj Gupta, MD & CEO, Pramerica Life Insurance, said, “We all aspire for a better tomorrow, not only for ourselves but also for our loved ones. However, realizing a better life or lifestyle in the future requires active financial planning today. As a step in that direction, I am excited to unveil Pramerica Life Rocksolid Future, a future-oriented savings life insurance plan with many customer centric flexible features. The product offering not only provides protection during life’s uncertainties, but also helps individuals achieve their financial life goals.” The product offers four different offers to choose from: Income Builder Option, Ideal for retirement planning or creating a secondary income source. Provides a lump sum amount along with regular income and final income installment on completion of the policy term. Family Income Builder Option This option provides enhanced protection over the Income Builder option. Provides immediate lump sum death benefit and waives future premiums in case of unfortunate death of the insured. The family receives income benefit from the next month, along with a lump sum amount along with the last income instalment. The Fortune Builder option offers the entire policy income as a lump sum at the end of the term and enables policyholders to live the life they have always dreamed of. Dream Builder Option This option offers better protection than the Fortune Builder option. In case of unfortunate death of the insured person, it provides immediate lump sum death benefit and waives future premiums. At the time of maturity this ensures that the promised maturity amount is paid to the beneficiaries. The uniqueness of this plan lies in the set of features it offers, such as guaranteed benefits1, choice of four plan options as per requirement, option to receive benefits as lump sum or income, family income builder option and dream builder option. Enhanced security through, and tax benefits as per prevailing income tax laws2. About Pramerica Life Insurance Limited Pramerica Life Insurance Limited is a wholly owned subsidiary of Piramal Capital & Housing Finance Limited, a joint venture between DIL and Prudential Financial, Inc. It is a joint venture between Prudential International Insurance Holdings Limited (PIIH), a wholly owned subsidiary of Prudential International Insurance Holdings Limited (PIIH). PFI). Pramerica Life Insurance Limited represents the coming together of two renowned financial services organizations with a legacy of business excellence spanning decades. Pramerica Life Insurance Limited commenced operations in India on September 01, 2008 and has a pan-India presence through multiple distribution channels, which are customized to meet the specific insurance needs of different customer segments. The company is committed to providing security and quality financial advice to its customers. Pramerica is the brand name used by PFI in India and select countries. For more information please visit www.pramericalife.in. About Piramal Capital & Housing Finance Limited Piramal Capital & Housing Finance Limited (referred to as Piramal Finance), a wholly owned subsidiary of Piramal Enterprises Limited (the flagship company of the Piramal Group), is a housing finance company engaged in retail and wholesale Engaged in giving loans. In retail lending, Piramal Finance is one of the leading players addressing the diverse financing needs of the under-served and unserved people of the ‘India’ market. It has over 1 million customers and a network of branches in 318 cities/towns across 27 states. It offers a range of products including home loans, loans against property, used car loans, small business loans to Indian budget conscious customers in the peripheries of metros and Tier I, II and III cities. In wholesale lending, it caters to both real estate and non-real estate sectors and offers a range of products including construction finance, structured loans and senior secured loans. For more information visit: piramalfinance.com. Prudential Financial, Inc. About this

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and leading global active investment manager, with approximately $1.4 trillion of assets under management as of December 31, 2022, with operations in the United States, Asia, Europe and Latin America. America. Prudential’s diverse and talented employees help improve lives by creating financial opportunities for more people by expanding access to investments, insurance and retirement security. Prudential’s iconic rock symbol has symbolized strength, stability, expertise and innovation for nearly 150 years. For more information, please visit news.prudential.com. 1If the policy remains in force and all premiums are paid in full 2Tax benefits may be available as per applicable laws as amended from time to time. For more information on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.

(This story has not been edited by DavidDiscourse staff and is auto-generated from a syndicated feed.)

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