Supercharge your savings with Wealth Maximiser plan


Take care of your family's planned and unplanned needs with Pramerica Life Wealth Maximiser. This plan offers multiple options of sum assured based on your age at entry to let you enjoy the benefit of choosing an adequate life cover as per your protection needs.

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Features of a Wealth Maximiser plan


Enjoy the benefit of choosing an adequate life cover based on your desired level of protection from multiple options of sum assured basis your age at entry.

Get rewarded

Get rewarded on opting for longer term through Persistency Units and Wealth Boosters at specific intervals to augment your fund value.


Flexibility to choose from Single, Regular or Limited Premium Payment tenures.

Manage your funds

Option to actively manage your funds depending upon market conditions with Defined Portfolio Strategy.

Reduced charges

Get the benefits of reduced charges on opting higher premium amounts.

Avail systematic transfer plan

Avail Systematic Transfer Plan to systematically transfer your money from Liquid Fund to your chosen funds every month.

Systematic allocation

Option to manage your funds by creating a balance between Equity and Debt through systematic allocation based on your age with Life Stage Portfolio Strategy.

Fund conservation at maturity

Option of fund conservation at Maturity to safeguard your fund value from market fluctuations.

Top-up premium

Enhance your fund and life cover by adding Top-up premium.

Benefits of buying a Wealth Maximiser plan

Avail additional benefits while enjoying the peace of mind knowing that your loved ones are financially protected and also having the potential to earn higher returns on your investments

Death benefit

In case of an unfortunate demise of the Life Insured during the Policy Term, the Policy will pay Death Benefit which is higher of

  1. Sum Assured* including Top-Up Sum Assured, if any or
  2. Fund Value, including Top-Up Fund Value, if any, or
  3. 105% of total Premium paid including Top-Up premiums, if any.

Where, Sum Assured is defined as multiple of Annualized Premium / Single Premium as opted at inception of policy.
*Sum Assured will be reduced to the extent of partial withdrawals made in the last 2 years immediately preceding the date of death. The partial withdrawal made from the top-up premium shall not be reduced for this purpose.

Maturity Benefit

On survival of the Life Insured till maturity date and subject to Policy being in-force for full risk benefits, the Policy will pay the Fund Value including Top-Up fund value, if any, to the Policyholder.
Death cover chosen will cease on Maturity.

Surrender Benefit

The Policy will acquire surrender value from the first Policy year but it becomes payable only after completion of "lock-in period" which is a period of 5 consecutive Policy years from the date of commencement of the Policy.
The surrender value will be the value of units less discontinuance (or surrender) charges, if applicable.

Persistency Units

As a reward for continuing your policy, Persistency units equal to 0.50% of the average of Fund Value including Top-Up Fund Value of preceding 36 monthiversaries would be allocated to the Policyholder's unit account at the end of every policy year, starting from sixth policy year provided monies are not in Discontinuance Fund.
No Persistency Units would be given to policies sold online

Wealth Boosters

Wealth Boosters would be allocated as extra units at the end of every fifth policy year, starting from the end of tenth policy year. Wealth Booster as a percentage of average fund value including Top-up Fund Value of preceding 36 monthiversaries would be allocated to the policyholder's unit account at the end of 10th, 15th, 20th, 25th and 30th policy anniversaries, if they fall within the policy term.

Policy Anniversary Policy Anniversary
Band 1 Band 1 Band 1
10th 1.00% 1.25% 1.50%
15th 1.25% 1.75% 2.00%
20th 1.50% 2.25% 2.50%
25th 1.75% 2.75% 3.00%
30th 2.00% 3.25% 3.50%

To boost your savings, you can pay additional Top-Up Premiums over & above the base premium as long as all due premium till date has been paid, subject to following conditions:

  1. Top-Up premiums are allowed at anytime during the policy term, except during last 5 years of Policy Term
  2. Each Top-Up premium will be invested in separate Top-Up account with a 5 year’s lock-in period from the payment date, except in case of full surrender of the contract
  3. At any time during the Policy Term, the total Top-Up premiums paid shall not exceed the sum total of the regular premiums paid to date
  4. All Top-up premiums made during the Policy Term shall have insurance cover treating them as single premium
  5. The minimum Top-up premium is 5,000. Sum Assured would increase by Top-up Sum Assured after availing a Top-up facility
Switching option

Within Defined Portfolio Strategy, you can switch your investments within the available funds, depending on your financial priorities and investment decision. There are no switching charges or restriction on number of switches during entire policy term. The minimum switch amount is Rs 5000 unless 100% of the fund is switched.

Premium Redirection

Within the Defined Portfolio Strategy, you have the flexibility to change the proportion of Premium that is invested in different funds by giving advance notice to the Company of at least 15 days before exercising this option. All Regular Premium or Top-Ups received after this date will be invested as per the revised mandate till the Policyholder does not change the same. Premiums, however, cannot be redirected to liquid fund. In case you select more than one fund, at least 1% of the allocated Premium should be invested in each fund. There are no Premium Redirection charges or restrictions on the number of redirections during the entire policy term. This feature would not be applicable for single premium payment policies.

Learn more about the Wealth Maximiser plan


Choose policy term from 5 years to 30 years, as per your age at entry


Pay the premium from option of paying limited, regular or single pay


Choose your sum assured from a variety of cover multiples available under the plan

Eligibility Criteria

Age at entry


91 days


60 years

Maturity age


18 years


102 years

Premium paying term

5 years

8 years

10 years

12 years

Income period

10 years

15 years

20 years

25 years

Policy term


15 years


42 years

Premium payment frequency


Semi Annual






Policy Schedule and T & C

Choice of investment strategies

Choose an investment strategy of your choice to make the most of your plan

Under this option, you can opt to invest in any of the funds as available (except DPF or Liquid Fund) in proportions of your choice

  • 1

    Look at the investment objectives of each of our funds

  • 2

    Match funds with your investment goals

  • 3

    Decide the proportion of money you would like to invest

Low Risk
Debt fund

Generate steady return at lower risk by investing in a range of debt securities.

Asset allocation

Government securities: 50% to 100%

Corporate bonds: 0% to 30%

Money market/cash: 0% to 40%

High Risk
Balance fund

Generate balanced return by investing in debt securities to provide stability and by investing in equities to provide potential to enhance returns

Asset allocation

Government securities: 50% to 100%

Corporate bonds: 0% to 30%

Money market/cash: 0% to 40%

High Risk
Growth fund

Generate steady return at lower risk by investing in a range of debt securities.

Asset allocation

Equity: 40% to 80%

Government securities: 10% to 30%

Corporate bonds: 0% to 30%

Money market/cash: 0% to 40%

Under this option, you can opt to invest in any of the funds as available (except DPF or Liquid Fund) in proportions of your choice

  • Large cap equity fund
  • Debt fund

Why choose Pramerica Life Insurance

99.06% Claim Settlement Ratio

Individual death claims settled and reported in public disclosures for FY 2023-24

137 Branches PAN India

As reported in Annual Report for FY 2023-24

Over 5.2 Million Lives Secured

As on September 2023

Need assistance?

We are happy to help you. Talk to our expert and choose the right plan as per your needs. 

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NOTE: IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. This product does not offer any liquidity during the first five years of the contract. The Policyholder will not be able to surrender/withdraw the monies invested in this product completely or partially till the end of the fifth Policy year.

Pramerica Life Wealth Maximiser: UIN No. 140L060V03.This product provides life insurance coverage. Goods & Services Tax will be charged over and above of the applicable charges from the unit fund. For more details on risk factors and terms & conditions including policy exclusion, please refer to the detailed plan brochure and policy terms and conditions before concluding a sale. Please refer Rider sales brochure before concluding the sale