All You Need To Know
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Age limit
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Premium
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Ways to pay
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Fund investment
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Policy term
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Sum assured
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Tax benefit
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Maturity benefit
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Death benefit
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Medical examination
Frequently Asked Questions
HDFC SL Crest – ULIP, lets you enjoy market linked returns along with valuable financial protection for your family when needed the most, so that when you reap the returns of life, they are on crests not on lows.
HDFC SL CREST OFFERS
• Benefit of paying Premium(s) for a limited term.
• Benefit of financial protection for your loved ones.
• Benefit of choice of investment options.
In this plan, your premiums (net of Charges) will be invested in the fund(s) as per the investment option of your choice. On maturity of the plan, you will receive the fund value as per the investment option selected by you.
Minimum premium is Rs. 50,000 with annual* premium payment frequency option. *Annualized Premium means the premium amount payable in a year excluding the taxes, Rider Premium(s) and Underwriting extra premium on riders, if any.
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There is only Annual* premium payment frequency option available in this policy.
*Annualized Premium means the premium amount payable in a year excluding the taxes, Rider Premium(s) and Underwriting extra premium on riders, if any.
This plan is available with a Short Medical Questionnaire (SMQ) based Underwriting #
# Please speak to our Financial Consultant to know more details.
In case of the Life Assured's unfortunate demise, we will pay to the Nominee:
• Sum Assured less all withdrawals made during the two-year period immediately preceding the death of the Life Assured,
• Unit Fund Value.
Subject to Minimum Death Benefit payable will be of 105% of the total premium(s) paid.
Tax Benefits* under Section 80C and Sec 10(10D) of Income Tax Act 1961
* Subject to provisions as per Income Tax Act, 1961. Tax Laws are subject to change.
Disclaimer
HDFC Bank Limited (IRDAI Registration No: CA0010) is the Corporate Agent of HDFC Life Insurance Company Limited and does not underwrite the risk or act as an insurer. HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013. Participation by the Bank’s clients in the Insurance products is purely on a voluntary basis. The contract of Insurance is between HDFC Life and the Insured and not between HDFC Bank and the Insured.This policy is underwritten by HDFC Life Insurance Company. Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011. The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited.Life Insurance Coverage is available in this product. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.HDFC SL Crest (Form No: P501 UIN:101L064V03) is a Unit Linked, Savings Insurance Plan. Unit Linked Insurance products are different from the traditional insurance products and aresubject to the risk factors. The premium paid in Unit Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down basedon the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. ULIP Issued on or after 1st February 2021 where the annualised premium exceeds Rs 2.5 lakh at any time during the premium paying term, the amount received on maturity shall not be entitled for exemption under section 10(10D) of the Income-tax Act, 1961. However, death benefit received shall be exempt u/s 10(10D). Tax benefits are subject to changes in the tax laws. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale. HDFC Life Insurance Company Limited is only the name of the LifeInsurance Company and HDFC SL Crest (Form No: P501 UIN:101L064V03) is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, itsfuture prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. Thevarious funds offered under this contact are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.