DLF Pramerica Life Insurance Company Ltd. (DPLI) has been formed by the collaboration between DLF Limited and Prudential International Insurance Holdings, Ltd. (a fully owned subsidiary of Prudential Financial, Inc.). The strongest foundations to DPLI are provided by the potency of the DLF brand and PFI's expertise in the field of insurance. The insurance company aspires to become a significant player in the growing Indian life insurance market.
Talking about DLF, the Limited company is one of the leading organization in the real estate sector in India. The company holds the record of accomplishment of sustained growth, clientele satisfaction and innovation, with its experience of over six decades. It has a strong hold in the core business of residential, commercial and retail property development. Over the past years, DLF has entered into several strategic alliances with global industrial leaders, one being the tie-up with Prudential International Insurance Holdings, Ltd to establish DLF Pramerica Life Insurance.
On the other hand, PFI has shown its dexterity in the field of financial services. Headquartered in Newark, New Jersey, the US based company carries out its major operations in the United States, Asia, Europe and Latin America. The businesses of the company offer a variety of products and services, one of the most important being insurance. The company also concentrates on retirement-related services, mutual funds, investment management, and real estate services.
DLF Pramerica Life Insurance boasts of offering insurance plans that are different from the conventional protection plans. The DLF Pramerica Family Income Plan is different from the plans offered by other insurance companies, in terms of the way the amount is received by the policy holder. The second one is the DLF Pramerica Wealth+ Plan, which is perfectly suitable for small investors. Moreover, the plan delivers efficient returns on investment and protection cover of the family of the policy holder. Therefore, applying on the insurance plans is beneficial for the customer, according to the company.