# Pramerica Life Insurance

Pramerica Life Insurance is an Insurance based in Gurugram, India.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Gurugram, India
- **Region:** Asia
- **Address:** 7th & 8th Floor, Tower 2, Capital Business Park, Sector 48, Gurugram, Haryana 122018, India
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** www.pramericalife.in
- **LinkedIn:** https://www.linkedin.com/company/pramerica-life-insurance
- **Wikidata:** Q136469140

## Regulatory record

- **Reports private funds:** No

## About

Life Insurance Company in India - Pramerica Life Insurance offers best life insurance plans & policies. Explore wide range of plans - Term, ULIP, Saving and Health Plan.

## Sectors

- Life Insurance
- Health Insurance
- Savings & Investments

## Offices

- 4th Floor, Building No. 9 B, Cyber City, DLF City Phase III, Gurugram, Haryana 122002, India

## People

- Pankaj Gupta — Managing Director & CEO

## Questions

### Who runs investment decisions at Pramerica Life Insurance?

Pankaj Gupta is the Managing Director and CEO and leads the firm's overall strategy, including investment management for the general account. Pramerica Life is part of the global Prudential Financial network, and its asset-liability management reflects the Indian regulatory framework overseen by IRDAI.

### What insurance products does Pramerica Life specialize in?

The product suite spans term life, unit-linked insurance plans (ULIPs), non-linked savings plans with guaranteed returns, and health-specific policies including cancer and heart-condition coverage. A notable niche is the Prahri policy, which covers war and war-like situations for Indian Armed Forces personnel.

### Who are the joint venture partners behind Pramerica Life Insurance?

Prudential International Insurance Holdings, a subsidiary of U.S.-based Prudential Financial, Inc., is a joint venture partner alongside Piramal Capital & Housing Finance Limited, which replaced the original partner DHFL Investments Limited.

### What is Pramerica Life's known posture on technology-driven underwriting?

Pramerica Life has adopted India's Account Aggregator framework to enable consent-based sharing of prospective policyholders' financial data. The IRDAI chairperson noted in 2025 that this use of digital public infrastructure helped the firm design more tailored term-insurance products and simplify the underwriting process.

### How does Pramerica Life handle death claims?

IRDAI regulations require settlement within 15 days of receiving all documents; Pramerica Life's individual death claim paid ratio for FY 2023-24 was 99.06% (per audited financials, 2024). If a claim investigation extends beyond 45 days, the firm is obligated to pay interest on the claim amount as per IRDAI guidelines.

## Related profiles

- [Pramerica Fosun Life Insurance](https://altss.com/profile/pramerica-fosun-life-insurance)
- [Prana Capital](https://altss.com/profile/prana-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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