Top 3 HDFC Life Insurance Plans Online

HDFC Life is a mutual undertaking between Housing Development Finance Corporation Limited (HDFC) and UK based financial firm Standard Life. HDFC Life is one of the leading Life Insurance Companies in India and presently, has 27 retail and 8 group products. It offers a variety of individual and group insurance solutions that meet the diverse needs of customers like Protection, Pension, Savings and Health, along with Children’s and Women’s Plans.

The Top 3 HDFC Life Insurance Plans Online

1.       HDFC Life Super Income Plan

A participating standard income plan in India with definite benefits with bonuses that plans your investment needs most ideally.

Features:

a.       Get a regular income for a payout period of 8 to 15 years.

b.       This regular income comprises of Guaranteed Base Income (GBI) payouts, ranging from 8.0% to 12.5% of the Sum Assured on Maturity, to be paid each year.

c.       After the completion of the policy tenure, you get a Maturity payout, cumulative of accrued bonuses and the last guaranteed payout.

d.       Also, the regular income and maturity benefit will be exempt from tax deductions under Sec 10(10D) of Income Tax Act, 1961.

e.       Tax Benefit available on premiums paid under Sec 80C of Income Tax Act, 1961.

f.        Preference of Plan options with diverse combinations of premium payment and policy term to meet one’s income goals.

g.       The flexibility to decide on the premium payment frequency i.e. monthly/quarterly/half-yearly/annual.

h.       Additional protection if you opt for HDFC Life Insurance Critical Illness Plus Rider that offers Rider Sum Assured if ever diagnosed with any of the 19 Critical Illnesses enlisted.

Benefits:

a.       Restricted premium paying term of 8, 10 or 12 years.

b.       Guaranteed Income per annum for a period of 8, 10, 12 or 15 years.

c.       Monetary Protection against unfortunate death, during the premium payment term as well as the payout period.

d.       Choice of opting for hassle-free issuance on the basis of a Short Medical Questionnaire eliminating tiresome medical tests.

2.       HDFC Life Super Savings Plan

A long term tax savings investments plan to protect the financial interests of your loved ones in your absence.

Features:

a.       It is a standard premium endowment plan with the flexibility to choose policy tenure from 15 to 30 years.

b.       Get an added sum assured in the event of accidental death.

c.       The flexibility to choose the premium payment rate i.e. monthly/quarterly/half-yearly/annual

d.       It can be taken only on a single life basis.

e.       EMI available for HDFC Bank Credit Card holders. 

Benefits:

a.       Insurance coverage during the entire tenure of the policy.

b.       Monetary protection against inopportune death all through the policy tenure.

c.       Enhance your maturity benefit with reversionary bonuses and terminal bonus (if any).

d.       Opt for hassle-free issuance on the basis of a Short Medical Questionnaire eliminating tiresome medical tests.

3.       HDFC Life Classic Assure Plus

An investment cum insurance plan providing guaranteed benefits. It is model for meeting long term financial goals as well as forming a financial cushion to secure one’s family’s future.

Features:

a.       Restricted premium payment terms of 7 and 10 years.

b.       Insurance coverage all through the policy tenure.

c.       Definite reversionary bonus during the entire term of premium paying.

d.       Option to go for a Short Medical Questionnaire eliminating tiresome medical tests.

e.       The plan can be taken only on a single life basis.

f.        EMI available for HDFC Bank Credit Card holders.

g.       Get an added protection by opting for HDFC Life Critical Illness Plus Rider providing Rider Sum Assured if diagnosed with any of the 19 Critical Illnesses. 

Benefits:

a.       Get valuable protection for your family by way of lump sum payment in case of ill-fated demise during the policy tenure.

b.       Enjoy a discount on basic premium for policies with a sum assured of Rs. 10 Lakhs or more.

c.       Under this Plan, one can avail a loan subject to conditions.

d.       Enjoy Tax benefits subject to conditions contained under sections 80C and 10(10D) of Income Tax Act, 1961.

e.       Flexibility to pay premiums annually/half-yearly/monthly/quarterly depending on your expediency.