By 1 2 1 News Reporter
Chandigarh 08th November:----- DLF Pramerica Life Insurance Co. has launched two new Child Protection-cum-Savings Plans - 'DLF Pramerica Future Idols Gold+', a participating child protection cum savings plan and 'DLF Pramerica Rakshak+', a non-participating child benefit protection sum savings plan - to help parents safeguard their child's financial future in case of any eventuality. Both the plans provide a comprehensive cover to address a child's immediate, recurring and future long term financial needs. They also allow for wealth creation through accrual of Bonuses and Guaranteed Additions respectively.
Talking about the new products, Pavan Dhamija, MD & CEO of DPLI said, that every parents, have many dreams for their children. We want them to excel in life and be able to fulfill their short term and long term financial goals, even in our absence. DLF's new products Future Idols Gold+ and Rakshak+ provide comprehensive protection coverage to their children to help meet their financial needs through their lifetime so that they can lead their lives the way they want to, whether or not we are around to look after them. In both Future Idols Gold+ and Rakshak+, a lump sum death benefit is provided immediately on the insured parent's unfortunate demise. Recurring benefits in the form of regular monthly payouts (minimum of 36 months) will help take care of on-going education and other expenses and the lump sum maturity benefit payable on completion of the policy term will enable the child to meet his/ her long term financial goals including his/ her higher studies, marriage, etc.
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