About HDFC Life Retirement Plans

The retirement solutions from HDFC Life provide you with financial security to make sure that you have a regular income even when your professional earnings no longer goes into your bank account. HDFC Life retirement plans help you lead a relaxed life at the same time as dealing with growing price rises and the greater than before cost of living.

Find out below the retirement plans you can choose to buy from HDFC Life:

HDFC Life Personal Pension Plus:

This particular pension plan from HDFC gives you an assured advantage of 101% of the premiums paid in case of vesting or death. In addition, this plan allows you to pick an investment period between 10 to 40 years. Terminal bonus and reversionary bonuses are also offered under the policy.

  • Sum Assured: Rs.2.04 lakh
  • Policy Term: 10 to 40 years

HDFC Life Pension Super Plus:

This plan from HDFC Life provides you with an assured 101% of all the paid premiums. The policy also comes with a flexibility to pick your preferred guaranteed regular income and tenure in case annuity is purchased.

  • Sum Assured: Rs.24,000
  • Policy Term: 10/ 15/ 20 years

HDFC Life Single Premium Pension Super Plan:

This HDFC Life pension plan is basically a unit-linked, single premium plan. It gives you the assurance that you get to generate a considerable corpus after retirement.

  • Sum Assured: Rs.25,000 (Single Premium)
  • Policy Term: 10 years

HDFC Life Guaranteed Pension Plan:

HDFC Life Guaranteed Pension Plan is a deferred pension plan. This retirement plan from HDFC Standard Life provides you with assured payouts in case of vesting or death. The policy guarantees an addition of 3% of Sum Assured on the completion of each premium year. This pension plan offers you the flexibility to choose the premium payment term.

  • Sum Assured: Rs.24,000 (Single Premium)
  • Policy Term: 10 to 20 years

HDFC Life Guaranteed Pension Plan:

HDFC Life Guaranteed Pension Plan is a deferred pension plan. This retirement plan from HDFC Standard Life provides you with assured payouts in case of vesting or death. The policy guarantees an addition of 3% of Sum Assured on the completion of each premium year. This pension plan offers you the flexibility to choose the premium payment term.

  • Sum Assured: Rs.24,000 (Single Premium)
  • Policy Term: 10 to 20 years

HDFC Life New Immediate Annuity Plan:

This is basically a conventional pension plan that allows you pick an annuity and earn a regular income after your retirement. HDFC Life New Immediate Annuity Plan makes sure that you get to generate a guaranteed income for as long as you or your spouse is alive. There are 7 single life annuity options and 4 combined life annuity options to pick from.

  • Sum Assured: Depends on the chosen annuity option
  • Policy Term: Depends on the chosen annuity option

HDFC Life Click 2 Retire:

The Click 2 Retire plan from HDFC Life is basically an online retirement plan. This is a unit-linked insurance policy. The plan provides you with a number of advantages like death benefits, tax benefits, surrender benefits and vesting benefits. The vesting age under this plan is 45 years, which is lower than the majority of retirement plans offered. Limited pay and single pay options are also available under this plan.

  • Sum Assured: Rs.24, 000
  • Policy Term: 10 years / 15 to 35 years for Single Pay, 8 Pay and 10 Pay policies; 15 to 35 years for 15 Pay policies

HDFC Life Assured Pension Plan - ULIP:

This is a unit linked insurance plan which has been developed to provide you with market-linked returns along with loyalty bonuses to help you achieve your retirement goals through systematic and strategic planning in advance. The entry age for the plan is 18 years.

  • Sum Assured: Rs.24,000
  • Policy Term: 10 years / 15 to 35 years for Single Pay, 8 Pay and 10 Pay policies; 15 to 35 years for 15 Pay policies

HDFC Life Pension Guaranteed Plan:

This retirement plan from HDFC Life is basically a single premium annuity plan. It provides you with a guaranteed income on a regular basis for life. You can also select from a variety of annuity options. You can avail the coverage on a single or joint life basis. You can immediately receive the annuity or as deferred annuity. The policy comes with an option to receive the purchase price in case of death of the life assured.

  • Sum Assured:

    Rs.42, 076 (For Immediate Life Annuity)

    Rs.1, 60,261 (For Immediate Life Annuity with Return of Purchase Price)

    Rs.76, 046 (For Deferred Life Annuity with Return of Purchase Price)

  • Policy Term: Varies on the basis of the chosen annuity option