All You Need To Know
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Age limit
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Plan options
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Premium
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Ways to pay
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Policy term
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Bonuses
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Tax benefit
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Maturity benefit
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Death benefit
Frequently Asked Questions
On death of the life assured during the policy term, provided all due premiums have been paid; we would pay the nominee highest of the following:
1) Sum Assured on Death + Accrued Guaranteed Additions + Accrued Reversionary Bonuses (if declared) + Interim bonus (if declared) + Terminal bonus (if declared)
2) 105% of total premiums paid5 till date Where Sum Assured on Death, shall be the highest of:
a) SA on maturity, which is absolute amt of benefit guaranteed to be payable at the maturity of the policy in accordance with the T&C of the policy
b) An absolute amount assured to be paid on death, which in this case is equal to the Sum Assured on Maturity.
c) 10 times Annualized Premium for entry age up to 50 years and 7 times Annualized Premium for entry age greater than 50 years Risk cover starts from date of commencement of policy for all lives including minors.
Yes, Tax Benefits may be available as per prevailing tax laws. You are requested to consult your tax advisor
At the end of the policy term, provided all due premiums have been paid; you will receive the aggregate of:
Sum Assured on Maturity
Accrued Guaranteed Additions
Accrued Reversionary bonuses (if declared)
Interim bonus (if declared)
Terminal bonus (if declared)
If you have chosen Endowment Option you policy will terminate post payment of Maturity benefit
If you have chosen Endowment with Whole Life Option, whole life benefit will be payable upon the
death of the life assured after the policy maturity or upon the life assured surviving to 100 years of age, whichever is earlier.
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.HDFC Life Sampoorn Samridhi Plus (UIN:101N102V05, Form No. 501) is a Non-Linked, Participating, Savings Insurance Plan. Life Insurance Coverage is available in this product. HDFC Life Income Benefit on Accidental Disability Rider (UIN: 101B013V03) and HDFC Life Critical Illness Plus Rider (UIN: 101B014V02) are the names of the riders. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.