Savings and investment plans from The HDFC Life have been designed in such a way that you can avail numerous avenues to save money. This way the money can grow over a period of time. HDFC Life savings and investment plans help you follow an orderly investment regulation to make sure that you have sufficient funds to meet your long-term financial objectives. Below are the savings and investment plans that you can choose to buy from HDFC Life:
HDFC Life Click2nvest ULIP:
This is a HDFC Life unit-linked investment plan (ULIP) that provides you with investment options as well as a life cover. You can choose from a number of funds to invest in. You can opt from diverse premium payment options and have the flexibility to pick your policy term.
- Sum Assured
- Single premium option: 125% of the premium
- Regular & limited pay below the age of 55: 10 times of the annualized premium
- Regular & limited pay above the age of 55: 7 times of the annualized premium
- Policy Term5 to 20 years
HDFC Life Classic One:
This plan is designed in a manner that it provides cover for both an individual and for a joint life. In addition, you will have the opportunity to earn market-linked returns. The surviving policyholder has the alternative to withdraw the total value of the fund and carrying on with the life cover for the rest of the policy’s term under the joint life policy. You can also earn loyalty additions through the allocation of additional units following the completion of the 10th year of the policy’s term.
- Sum Assured
- Single life below the age of 45: 1.25 times of the annualized premium
- Single life above the age of 45: 1.25 times of the annualized premium
- Joint Life:10 times of the annualized premium
- Policy Term
- 10 years to 90 minus the age at entry.
HDFC Life Sampoorn Samridhi Plus
Whole Life: This is basically an endowment plan that lets you choose from 2 alternatives: endowment & endowment with complete life cover up to 100 years of age. This HDFC Life savings and investment plan comes with an accidental death benefit as well as maturity benefit.
- Sum Assured
- Rs.65, 463
- Policy Term
- 15 years to 40 years
HDFC Life ClassicAssure Plus Plan:
This plan offers a life cover along with investment opportunities to facilitate the growth of savings. HDFC Life ClassicAssure Plus Plan comes with a limited premium payment time of 7 years & 10 years. You can also obtain a definite reversionary bonus all through the premium payment term.
- Sum Assured
- For 10 years: Rs.49, 447
- For 15 years: Rs.48, 032
- For 20 years: Rs.73, 516
- Policy Term
- 10/15/20 years
HDFC Life Super Income Plan:
This savings and investment plan from HDFC Life is a limited pay, non-linked, participating, money back life insurance policy that provides you with guaranteed benefits in along with investment options. This plan offers an assured income for a time phase of 8 to 15 years. The policy provides 8% to 12.5% of the Sum Assured as a maturity benefit.
- Sum Assured
- Rs.1.28 lakh
- Policy Term
- 16/18/20/22/24/27 years
HDFC Life Sampoorn Nivesh:
This is a HDFC life insurance plan that offers investment options in several funds. The plan comes with 3 alternatives which you can choose from on the basis of your requirements. The payments of premium may be tailored on the basis of your choice. This plan provides the fund value as the maturity benefit.
- Sum Assured
- Single Premium:
- Entry age lower than 45 years: 125% of the paid premium
- Entry age above 45 years: 110% of the paid premium paid
- Regular & Limited Premium:
- For entry age lower than 45 years: More than 10 times of the annualized premium/ 0.5 times the of policy term multiplied by the annualized premium
- For entry age above 45 years: : More than 7 times of the annualized premium/ 0.25 times of the policy term multiplied by the annualized premium
- Policy Term
- 10/15/25 years
HDFC SL ProGrowth Flexi:
This life insurance plan from HDFC is a savings-oriented, unit-linked policy that provides you with 2 benefit alternatives to pick from. You can opt from 8 investment funds as well as the Sum Assured.
- Sum Assured
- For entry age lower than 45 years: More than 10 times of the annualized premium/ 0.5 times the policy term multiplied by the annualized premium
- For entry age above 45 years: More than 7 times of the annualized premium/ 0.25 times the policy term multiplied by the annualized premium
- Policy Term
- 10 to 30 years
HDFC Life ProGrowth Plus:
This HDFC Life insurance plan is basically a life insurance plus a unit linked savings plan (ULIP) that provides you with investment opportunities in the stock market. You will have the flexibility of choosing your investment strategy on the basis of your risk factors and you can make partial withdrawals to meet up unintended expenses.
- Sum Assured
- For entry age lower than 45 years: More than 10 times of the annualized premium/ 0.5 times of the policy term multiplied by the annualized premium
- For entry age above 45 years: More than 7 times of the annualized premium/ 0.25 times of the policy term multiplied by the annualized premium
- Policy Term
- 10 to 30 years
HDFC SL ProGrowth Super II:
This is basically a unit-linked plus savings life insurance plan from HDFC Life that has been designed to help you achieve long-term savings. You can also have the flexibility of choosing the term of your policy and the Sum Assured. In addition, you can select from 8 investment funds. It offers extra life and health option benefit along with accidental death benefit.
- Sum Assured
- For entry age lower than 45 years: More than 10 times of the annualized premium/ 0.5 times of the policy term multiplied by the annualized premium
- For entry age above 45 years: More than 7 times of the annualized premium/ 0.25 times the policy term multiplied by the annualized premium
- Policy Term
- Life Option: 10 to 30 years
- Extra Life Option: 10 to 30 years
- Life and Extra Health Option: 10 to 30 years
- Life and Disability Option: 10 to 25 years
- Extra Life and Disability Option: 10 to 25 years
- Life & Health and Disability Option: 10 to 25 years
- Extra Life and Health and Disability Option: 10 to 25 year
HDFC SL Crest:
This HDFC Life plan provides you with the benefit of a life cover as well as investment options. The premiums that you’ll pay under this plan are invested in fund options of your own choice. You will receive the fund value of the investment on maturity of the plan. In case of the unfortunate demise of the policyholder, the fund value is paid to the beneficiaries/nominees in addition to the Sum Assured.
- Sum Assured
- For entry age mower than 45 years: More than 10 times of the annualized premium/ 0.5 times of the policy term multiplied by the annualized premium
- For entry age above 45 years: More than 7 times of the annualized premium/ 0.25 times of the policy term multiplied by the annualized premium
- Policy Term
- 10 years
HDFC SL ProGrowth Maximiser:
This is basically a unit-linked life insurance plan from HDFC that has been designed to provide you with the option to make the most of your returns. All you have to do is make a single premium payment and avail the option to select from 4 investment funds.
- Sum Assured
- For entry age lower than 45 years: 125% of the paid premium
- For entry age above 45 years: 110% of the paid premium
- Policy Term
- 10 years
HDFC Life Uday:
This is a savings oriented life insurance plan from HDFC. The policy comes with considerably low premium rates in terms of other life plans offered in the market. You can enjoy the advantage of 3% guaranteed additions annually all through the initial 5 years of the policy’s term. Keep in mind that the bonuses are declared at the end of every year.
- Sum Assured
- Rs.28, 465
- Policy Term
- 12 years to 15 years
HDFC Life Capital Shield:
The HDFC Life Capital Shield plan offers you protection against the investments made and it also provides a life cover. You will get a maturity benefit of 101% of the total number of paid premiums on maturity of the policy.
- Sum Assured
- Single premium:
- For entry age lower than 45 years: 125% of the paid premium
- For entry age above 45 years: 110% of the paid premium
- Limited premium:
- For entry age lower than 45 years: More than 10 times of the annualized premium
- For entry age between 45 years & 54 years: 7 to 10 times of the annualized premium
- For entry age more than 55 years: 7 times of the annualized premium
- Policy Term
- 10 years
HDFC Life SL SravGrameen Bachat Yojana:
This HDFC Life insurance policy has been exclusively designed for the rural population of the country. It offers returns even on low invested amounts. The insured is required to make a single premium payment under HDFC Life SL SravGrameen Bachat Yojana.
- Sum Assured
- Rs.5, 000
- Policy Term
- 5 years
HDFC Life Pragati:
This life insurance plan from HDFC has the twofold function of a life insurance policy in addition to an investment fund. The premiums for HDFC Life Pragati plan are considerably low. You will have the flexibility to choose your premium payment terms. As the maturity amount, you will receive the accrued reversionary bonuses and the Sum Assured.
- Sum Assured
- Rs.5, 000
- Policy Term
- For single pay option: 5 to 20 years
- For limited pay option: 10 to 20 years
- For regular pay option: 10 years