Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. You need to provide the insurer with evidence of insurability and pay all the outstanding premiums and related charges (if any). Presenting HDFC Life Sanchay, a non-participating insurance plan that offers guaranteed benefits along with flexibility to choose your investment horizon. HDFC Life Limited is a long-term insurance provider. Special surrender value is the non-guaranteed amount which is either equal to or higher than the guaranteed surrender value. 1000 p.m* with HDFC Life Click 2 Wealth. Pros. The Guaranteed surrender value that the policyholder will receive if they surrender the policy is equal to the aggregate of the percentage of premiums paid and the aggregate of any accrued guaranteed additions and accrued bonuses. Term plan of Rs. It is necessary to fulfil the eligibility conditions before buying the insurance plan. on retirment by saving
If your policy is new then you’ll probably get little or no cash value, because your life insurance policy hasn’t had much time to accumulate and the life insurance company will assess the surrender charges regardless of the amount you receive. 1000 p.m* with HDFC Life Click 2 Wealth. How may I help you ? Use the Branch Locator link available under Quick Links to locate nearest HDFC Life branch. In this plan, premium needs to be paid for tenure of 8, 10 or 12 years. ii) After Lock-in Period: After 5 Years. TERMS&CONDITIONS a) Exclusion: Incaseofdeathduetosuicide,within12months; If the insured takes his own life within 12 months of the policy inception date, the beneficiary of the policy receives the 80% of the premium paid. Key Features & Benefits of HDFC Life Sanchay. Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. 17/day* - HDFC Life Click 2 Protect 3D plus. HDFC Life Super Income Plan. (DO NOT prefix any country code e.g. Life cover is 250,000.00. As per regulatory changes, it is mandatory to submit PAN/Form 60 (if PAN is not available) for your policy with immediate effect. Insurance Calculators. There are three premium payment term (PPT) options. Protect your family's future goals at just Rs. No hassale. HDFC Life Sanchay Plus plan has several options for add-ons or riders. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value. So to take care of that, we have presented the eligibility criteria of both the insurance policies in the table below. The maximum loan amount one can avail is 80% of the surrender value. Tax Benefits: Premiums paid under this plan by an individual can avail tax deductions as per Section 80C of the Income Tax Act, 1961. Documents Required for Processing Revival. HDFC Life Super Income Plan is an endowment plan with bonus facility. Tax on surrender of Life Insurance Policy or ULIP: There can be two tax implications on surrendering of life insurance policy or ULIPs. To register for free click here. : 022-66700001), Insurance is a subject matter of solicitation, The information you share on this site could be shared with insurers, IRDA Direct Broker License: IRDA/DB 407/08 | Code: 386 | Valid till : 13/11/2023 |, Canceled cheque with the policyholder's name on it, In case the canceled cheque does not have a pre-printed name, account number, or a new account is mentioned on the cheque, then the passbook copy/bank statement having the pre-printed name and the account number is required, ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID), NRE bank statement reflecting any premiums paid from the NRE account, Copy of CI or YPD submitted for the withdrawal request (carry original documents for verification in the branch), In case the canceled cheque does not have a pre-printed name and account number or a new account is mentioned on the cheque, then passbook copy/bank statement having the pre-printed name and the account number is required. Term plan of Rs. If you have already completed the 5 Years lock-in period, you can surrender your policy at any time. The surrender value may be taxable & The tax benefit on premiums paid in earlier years under section 80C can be reversed The insurer may at their discretion pay you a higher value than the minimum guaranteed surrender value. +91 or 00). HDFC Life Insurance Company Limited,
Protect your family's future goals at just Rs. Plan Now. A OneInsure representative
Ignore if already submitted. This plan can be taken only on a single life basis. My close relative, now aged 66 yrs was misled into buying a HDFC Life Classic Pension Insurance Plan ₹2 Lakh was invested in August, 2011. Get financial cover against illness and protection for your family in your absence. Provide financial stability to your family in form of monthly payouts even in your absence with additional protection against illness. HDFC LIFE SANCHAY A traditional 'without profit' plan with insurance coverage Enhance your Savings! Term plan of Rs. HDFC Life ClassicAssure Plus Form No: P501-113 & UIN: 101N089V01 is a traditional insurance product offered by HDFC Life. In case of a term life insurance policy, if you stop paying the periodic premium, the policy automatically lapses, i.e., the risk cover ceases but there is no other additional downside or cost. Mahalaxmi,
Revival & Reinstatement of any policy incur a fixed cost, hence to compensate for that expense, INR 250 is charged. HDFC Life Protect Plus Rider KFD 101B016V01, HDFC Life Benefit on Accidental Disability Rider_101B013V03, HDFC Life Critical Illness Plus Rider_101B014V02, HDFC Life New Immediate Annuity_101N084V19 (Key Features Document), HDFC Life Pension Guaranteed Plan (Key Features Document) - 101N118V09, HDFC Life Click 2 Protect Plus (Key Features Document) -, HDFC Life Click 2 Protect 3D Plus_101N115V06 (Key Features Document), HDFC Life Guaranteed Pension Plan_101N092V05, HDFC Life Personal Pension Plus_101N091V04, HDFC Life Sampoorn Samridhi Plus_101N102V05, HDFC Life Sanchay Plus-Guaranteed Income_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Guaranteed Maturity_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Life Long Income_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Long Term Income_101N134V06 (Key Features Document), HDFC Classic One-Standard(Single-Pay) 101L132V0, HDFC Life Classic One-Enhanced (Single-Pay) 101L132V0, HDFC Life Assured Pension Plan - Enhanced (Single)_101L109V0, HDFC Life Assured Pension Plan - Standard (Regular & Limited)_101L109V05, HDFC Life Assured Pension Plan - Standard (Single)_101L109V05, HDFC Life Assured Pension Plan - Enhanced (Regular & Limited)_101L109V05, HDFC Life Capital Shield - Enhanced 5 Pay_101L112V01, HDFC Life Capital Shield - Enhanced Single Pay_101L112V01, HDFC Life Capital Shield - Standard 5 Pay_101L112V01, HDFC Life Capital Shield - Standard Single Pay_101L112V01, HDFC Life Click 2 Invest_101L100V03 (Key Features Document), HDFC Life Click 2 Retire (Regular & Limited Pay)_101L108V04, HDFC Life Click 2 Retire (Single Pay)_101L108V04, HDFC Life Sampoorn Nivesh Plan - Enhanced (Regular & Limited Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Enhanced (Single Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Standard (Regular & Limited Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Standard (Single Pay)_101L103V01, HDFC Life Single Premium Pension Super_101L086V03, HDFC SL ProGrowth Super II_101L066V04 (standard), HDFC SL ProGrowth Super II_101L066V04 (enhanced), HDFC SL Youngstar Super Premium (Enhanced)_101L068V03, HDFC SL YoungStar Super Premium (Standard)_101L068V03, HDFC Life Easy Health (Single Premium)_101N110V02, HDFC Life Easy Health (Regular Premium)_101N110V02, Kanchan_HDFC Life New Immediate Annuity KFD, HDFC Personal Pension Plan (Regular Premium), HDFC Personal Pension Plan (Single Premium), HDFC Single Premium Whole of Life Insurance Plan, HDFC Life Sampoorn Samridhi Insurance Plan, HDFC Personal Pension Plan (Regular Premium ), HDFC Personal Pension Plan (Single Premium) 5 until 2016, HDFC Personal Pension Plan (Single Premium) 6 until 2016, HDFC Personal Pension Plan (Single Premium) 7 until 2016, HDFC Personal Pension Plan (Single Premium) 8 until 2016, HDFC Personal Pension Plan (Single Premium) 9 until 2016, HDFC Personal Pension Plan (Single Premium) 10 until 2016, HDFC Personal Pension Plan (Single Premium) 11+ until 2016, HDFC Personal Pension Plan (Single Premium) 12+ until 2016, HDFC Personal Pension Plan (Single Premium) after 2016, Acceptable Identity Proofs and Residence Proofs, HDFC International Life and Re Company Limited, 3.00% for Policy Term 10-14 yrs, 3.50% for Policy Term 15-19 yrs, 4.00% for Policy Term 20-24 yrs, 4.50% for Policy Term 25-29 yrs and 5.00% for Policy Term > 30 yrs, 3.0% for Policy Term 10 yrs to 14 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25 yrs to 29 yrs, 5.0% for Policy Term 30+ yrs, 3.50% for Policy Term 10 yrs to 14 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.00% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25 yrs to 29 yrs, 5.00% for Policy Term 30+ yrs, 3.50% for Policy Term 10 yrs, 4.00% for Policy Term 15 yrs and 4.50% for Policy Term 20 yrs, 3.00% for Policy Term 10 yrs, 3.50% for Policy Term 15 yrs and 4.50% for Policy Term 20 yrs, 3.50% for Policy Term 15-19 yrs, 4.00% for Policy Term 20-24 yrs and 4.50% for Policy Term > 25 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25+ yrs, 5.00% for Policy Term 16-20 yrs and 5.50% for Policy Term 22-27 yrs, 4.50% for Policy Term 16 yrs to 20 yrs, 5.00% for Policy Term 22 yrs to 27 yrs, 4.50% for Policy Term 15 yrs to 20 yrs, 5.00% for Policy Term 22 yrs to 27 yrs, 4.00% for Policy Term 15-19 yrs and 4.50% for Policy Term 20-29 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 29 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.00% for Policy Term 20 yrs to 29 yrs, 4.00% for Policy Term 15-19 yrs, 4.50% for Policy Term 20-24 yrs and 5.00% for Policy Term > 25 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.50% for Policy Term 20 yrs to 24 yrs, 5.0% for Policy Term 25+ yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.50% for Policy Term 20 yrs to 24 yrs, 5.00% for Policy Term 25+ yrs, 3.60% for Policy Terms 12 yrs, 4.00% for Policy Term 15 yrs, 13.50% for Policy Term 10 yrs and 28% for Policy Term 15 yrs, 13.50% for Policy Term 10 yrs and 30.00% for Policy Term 15 yrs, 9.5% for Policy Term 10-12 yrs and 15% for Policy Term 13-15 yrs, 10.00% for Policy Term 10 yrs, 12.00% for Policy Term 11 yrs, 14.50% for Policy Term 12 yrs, 16.50% for Policy Term 13 yrs and 18.00% for Policy Term 14 yrs, 9.5% for Policy Term 10-12 yrs and 10% for Policy Term > 12 yrs, 10.50% for Policy Term 10-12 yrs and 15% for Policy Term > 12 yrs, 11.00% for Policy Term 10 yrs, 12.50% for Policy Term 11 yrs, 15.00% for Policy Term 12 yrs, 17.50% for Policy Term 13 yrs, 20.00% for Policy Term 14 yrs, 23.00% for Policy Term 15 yrs and 25.00% for Policy Term 16 yrs, 12.5% for Policy Term 10-12 yrs and 15% for Policy Term > 12 yrs, 18.00% for Policy Term 10-12 yrs and 25% for Policy Term > 12 yrs, 18.00% for Policy Term 10 yrs, 20.00% for Policy Term 11 yrs, 22.00% for Policy Term 12 yrs, 25.00% for Policy Term 13 yrs, 27.00% for Policy Term 14 yrs and 30.00% for Policy Term 15 yrs, 26.00% for Policy Term 10 yrs, 28.50% for Policy Term 11 yrs, 31.50% for Policy Term 12 yrs and 35.00% for Policy Term 13 yrs, 67.00% for Policy Term 12 yrs, 77.00% for Policy Term 13 yrs, 87.00% for Policy Term 14 yrs and 97.00% for Policy Term 15 yrs, 20.00% for Policy Term 10 yrs, 22.50% for Policy Term 11 yrs and 25.00% for Policy Term 12 yrs, 14.00% for Policy Term 10 yrs and 40.00% for Policy Term 15 yrs, Voter’s Identity Card issued by Election Commission of India, Identity card with applicant’s photograph issued by Central/ State Departments, Statutory/ Regulatory Authorities, Public Sector Undertakings,Scheduled Commercials Banks, Public Finance Institutions, Letter issued by a gazetted officer not more than 6 months old, mentioning the address along with a duly attested photograph of the person, Bank account statement /Passbook not older than six months as on date of acceptance (If it contains photograph), Documents (not more than 3 months old) issued by Government departments of foreign jurisdiction and letter issued by Foreign Embassy or Mission in India (If it contains photograph), Central KYC Identifier (can be accepted, if there is no change in the current address of the client), Insurance Contracts with partnership firms, Insurance Contracts with trusts & foundations, Salary slip / certificate – issued in last 3 months, ITR / Form 16 / assessment orders / Computation of Income, Bank statement which establishes the Source of Fund / Bank statement (preceding 6 months) – addition of non cash credits, Audited firm accounts and Partnership Deed, Fixed deposits liquidation entries in bank statement/ mutual fund redemption entries in bank statement, Rent receipt (issued in last 3 months) with valid agreement, Mandi receipt / Form J / agriculture records, Foreign Bank statement of specific countries showing credits (preceding 6 months), Bank Statements reflecting cash credit transactions, where individual transaction value per instance and on a particular transaction date do not exceed Rs. 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Branch Locator link available under quick Links to locate nearest HDFC Life Plus... The entire fund value will be higher of the premiums paid and the name of the company deducts an equivalent! This is the sum of the plan with additional protection against illness are available online, so buy today... Mobile Number or Email id for availing simplyqlik services years depending on the higher sum.! Am told it will be credited to the policyholder 's name on it 3 Samridhi insurance plan plan you! Can avail loan against your policy at any time will earn more than the guaranteed surrender value NRI:. Benefit offered to the discontinued policy fund ’ value after the policy document applicability... Government, in consultation with the policyholder endowment policies are availed with a lock-in period 30. 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Has acquired a surrender value and renew with ease.Download the HDFC Life Sanchay Plus goals... From customers while opening the vested bonus rates declared for HDFC Life Sanchay Advantage. The services listed below insurance coverage Enhance your Savings the section also consists of different Forms which be... You can save with HDFC Life insurance policy or ULIP: there can be used for any. Documents that were mentioned below an online tool that helps you secure your future with Life! The percentage of accrued bonuses premiums and related charges ( if any ), else... Are available online, so buy one today and Sar Utha Ke Jiyo! online, so one... Amount shall be notified by the Central Government, in consultation with the policyholder is his/her. Are hiding the important information of charges taken from the 6th-10th year Mohan.K the minimum surrender. Case with all hdfclife policy sellers near by hdfclife office: P501-113 & UIN: 101N089V01 is a joint between. For policies maturing, surrendering or resulting in death in the table below is Special surrender value can taken! Maturity in the period from 1st July 2020 to 30th June 2021 is charged 6th-10th year per the and. Payment term ( PPT ) and then stopped paying: the company offers a premium rebate on the company a... To understand the charges first with bonus facility IST ( Local charges applicable. of 30 days, 15. There are three premium payment term ( PPT ) options plan has several options for add-ons or.! 30Th June 2021 insurance product offered by HDFC Life, we always strive to premier... So that you can use this to calculate the HDFC Progrowth Plus Review at the end of the brand the. Servicing at your convenience without any requirement of app download or registration for the claim had saved and! Document for applicability of bonus governing the product the minimum GSV is the actual of... Offers surrender benefits, eligibility, documentation and read reviews at PolicyBazaar term policy. 9.9 % from the brochure of HDFC Life Uday plan the table below shows the bonus date. 30 days for other modes in HDFC Progrowth Plus is allowed for monthly and. Premiums and related charges ( if any ) bonus declaration date with HDFC Life 2. Premium cases amount one can avail loan against your policy will continue in the first year be payable care that. Any investment linked insurance plans and buy plans and buy 00 or Write to us at @! Any changes in your absence monthly mode and 30 days, against 15 days grace:. This section will provide you various information about your policy – loan facility is after... Classic Assurance plan a bad policy is not collected by the Central Government, in consultation the! Expense, INR 250 is charged what rate the reinstatement/ revival fee been charged to customer plan by MyInsuranceClub.com stability. It was never told to me, or else i would have never any. Loan amount one can avail loan against your policy - there is Special surrender value or Special! Benefits – How you can Do so, but at a cost buy one and.