Top 6 HDFC Life Investment Plans – Check Premiums and Reviews Online

HDFC life investment plans offer a wide range of products at competitive rates in the insurance sector. Term plans, Child Plans, Savings Plans are some of the HDFC life investment plans available in the market.

What are Life Investment Plans?

Life Investment plans are also known as Conventional policies under which money is invested according to the insurance act guidelines. Here, the insurance company promises the policyholder a sum assured as death benefit, which is payable if the policyholder dies during the term of the policy. Depending on the particular plan, the policyholder may also receive maturity benefit at maturity along with accrued bonuses.

Here are some features of traditional Investment Plans:

• Traditional plans are long-term policies that are issued for a long duration.
• The policyholder cannot withdraw money from such life investment plans in most cases
• These plans are available as participating as well as non-participating plans.
• The plans in the participating category are entitled for the profits earned by the company, while the non-participating plans are not entitled for any profits
• The plans are available under the category of endowment or money back plan  .

Top 6 HDFC Life Investment Plans

There are several attractive benefits and features offered by HDFC Life Insurance company under its traditional and HDFC investment plans as discussed below:

1. HDFC Life Sanchay plan

This is a traditional endowment plan that comes with the following features: 

Features

• The plan offers guaranteed additions accumulated under the investment with every policy term that is complete and paid for
• The policy pays the sum assured and accumulated additions gained to the insured at the time of maturity
• If unfortunately, the insured dies during the policy year, a higher sum assured is paid together with assured additions
• Smokers are levied with additional premium
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility Criteria

Features	Minimum	Maximum
Age of Entry	30 days	45 years
Age of Maturity	18 years	70 years
Term of Policy	15 years	25 years
Assured Sum	INR 112, 953	No Maximum Limit
Premium Paid Annually	INR 30,000	No Maximum Limit
Term of Premium Payment	5, 8, 10 years	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-

 

2. HDFC Life Super Income Plan

This is a savings plan that comes with a regular income. The features include:

Features

• Under this plan, the policyholder gets to choose from 6 available options of regular income in varied combinations
• The plan allows benefits on a monthly basis at the rate of 8% payout annually
• At maturity, the insured gets bonuses including vested, interim and terminal bonus
• In case of death of insured, a higher sum assured is offered
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility Criteria

 

Features	Minimum	Maximum
Age of Entry	30 days	59 years
Age of Maturity	18 years	75 years
Term of Policy	16 years	27 years
Assured Sum	INR 128, 337	No Maximum Limit
Premium Paid Annually	INR 24,000	No Maximum Limit
Term of Premium Payment	8, 10, 12 years	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-

 

3. HDFC Life Classic Assure Plus Plan

Yet another HDFC investment schemes of endowment plan with features such as:

Features

• Plan offers assured reversionary bonus
• At maturity, the insured gets bonuses including reversionary bonus and terminal bonus
• In case of death of policyholder, higher sum assured as well as interim and vested bonus is offered
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility

Features	Minimum	Maximum
Age of Entry	30 days	60 years
Age of Maturity	18 years	75 years
Term of Policy	10,15,20 years	-
Assured Sum	INR 49, 447	No Maximum Limit
Premium Paid Annually	INR 12,000	No Maximum Limit
Term of Premium Payment	7,10years	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-

 

4. HDFC Life Super Savings Plan

This one-time investment plan of HDFC is a traditional endowment plan offers the below mentioned benefits:

Features 

• This participating plan allows the insured to earn simple reversionary bonus along with interim and terminal bonuses
• The policyholder gets sum assured and vested bonus under the plan
• The plan comes attached with an accidental rider benefit allowing added sum assured for accidental deaths of policyholders
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility

Features	Minimum	Maximum
Age of Entry	30 days	60 years
Age of Maturity	18 years	75 years
Term of Policy	15 years	30 years
Assured Sum	INR 245, 145	No Maximum Limit
Premium Paid Annually	INR 24,000	No Maximum Limit
Term of Premium Payment	Equal to policy term	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-

 

 

5. HDFC Life Sampoorna Samridhi Plus

This conventional endowment plan is an HDFC guaranteed return plan that can be easily converted to a whole life plan. The features include:

Features 

• The plan comes with two options of endowment and whole life endowment
• The endowment with whole life offers the option of whole life coverage or till 100 years
• At maturity, the plan offers assured additions as well as vested and terminal bonuses
• In case of death of policyholder, higher sum assured as well as interim and vested bonus is offered
• The plan comes attached with an accidental rider benefit allowing added sum assured for accidental deaths of policyholders
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility

Features	Minimum	Maximum
Age of Entry	30 days	60 years
Age of Maturity	18 years	70 years
Term of Policy	15 years	30 years or up to 100 years of age
Assured Sum	INR 65,463	No Maximum Limit
Premium Paid Annually	INR 12,000	No Maximum Limit
Term of Premium Payment	5 years	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-

 

6. HDFC Life Uday

This is again a traditional HDFC savings plan with below mentioned features, such as;

Features

• This participating HDFC plan allow the insured to earn simple reversionary bonus, interim bonus and terminal bonus
• At maturity, the plan offers assured additions as well as vested and terminal bonuses
• The plan offers loan facility for up to 80 percent of surrender value
• Tax exemptions are also available under the plan

Eligibility

Features	Minimum	Maximum
Age of Entry	18 years	55 years
Age of Maturity	30 years	70 years
Term of Policy	12 years	15 years
Assured Sum	INR 28, 465	No Maximum Limit
Premium Paid Annually	INR 5,000	No Maximum Limit
Term of Premium Payment	8, 10 years	-
Frequency of Premium Payment	Yearly, half-yearly, quarterly, monthly	-