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March 29, 2015 12:40 PM ET

Insurance

Company Overview of DHFL Pramerica Life Insurance Company Ltd.

Company Overview

DHFL Pramerica Life Insurance Company Ltd. provides life insurance products and services in India. The company offers protection plans, including a decreasing benefit term insurance plan; a monthly benefit term insurance plan; and a term life insurance plan for the financial security needed in case of unfortunate events, such as death or on the inability to earn due to physical disabilities. It also provides child progress plans, including a child protection cum savings plan; and a child benefit protection cum savings plan. In addition, the company offers savings plans, such as a participating endowment cum insurance plan, a whole life insurance cum savings plan, and a traditional endowment ...

4th Floor

Building 9, Tower-B

Cyber City

DLF Phase III

Gurgaon,  122002

India

Founded in 2008

Phone:

91 12 4469 7000

Fax:

91 12 4271 7070

Key Executives for DHFL Pramerica Life Insurance Company Ltd.

Head of Marketing and Senior Vice President
Head of Agency Sales and Senior Vice President
Advisor
Age: 46
Compensation as of Fiscal Year 2014.

DHFL Pramerica Life Insurance Company Ltd. Key Developments

DHFL Pramerica Seeks Acquisitions

DHFL Pramerica Life Insurance Company Ltd. is looking for acquisitions. DHFL Pramerica actively seeks inorganic growth and is open to picking up “strategic stake” in small banks and NBFCs, said Anoop Pabby, Managing Director and Chief Executive Officer of DHFL Pramerica. “Organic build up in insurance is slow. So if any NBFC or small bank is looking for growth capital, we will be open to picking a strategic stake in them to expand our distribution and footprint”, Anoop Pabby told Business Line.

DLF Pramerica Life Insurance Company Limited has Changed its Name to DHFL Pramerica Life Insurance Company Ltd

DLF Pramerica Life Insurance Company Limited changed its name to DHFL Pramerica Life Insurance Company Ltd.

DLF Pramerica Life Launches Savings-Cum Protection Plan

DLF Pramerica Life Insurance launched Sahaj Suraksha, a savings cum protection plan. Sahaj Suraksha is designed to help customers meet essential expenses and to help them continue with their lifestyle without making any compromises by supplementing their existing retirement savings. The policy can be bought even at the age of 55 or 60 which will mature when the policyholder turns 75, the maximum maturity age. At the age of 75, one is most likely to see a dip in savings and an increase in unexpected expenses, which could result in a person compromising on his or her style of living. An increase in cost of living, combined with unexpected expenses, primarily health-related, increases the need for additional financial support. This is where DLF Pramerica Sahaj Suraksha can fit by supplementing their retirement savings.

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