HDFC life

A Non-Linked, Non-Participating, Individual, Pure Risk Premium/ Savings Life Insurance Plan

Change is the only constant. In a world evolving at an accelerating pace, it is only reasonable that you keep up with the times, or fear being left behind. Keeping up with the changing times, HDFC Life is proud to present Click 2 Protect Life, an intelligent term plan that provides benefits as per your altering lifestyle and life stage needs and helps you stay truly protected.

Key Features of HDFC Life Click 2 Protect Life

1. Provides comprehensive financial protection to your family
2. Option to choose a cover which fits your needs from 3 plan options
3. Auto balances Death and Critical Illness benefits with increasing age^
4. Get income payouts from age 60 onwards under Income Plus Option
5. Option to avail cover for Whole of Life*
6. Get back all premiums paid on survival till maturity with Return of Premium option**
7. Waiver of Premium on diagnosis of Critical Illness (through WOP CI option)#
8. Additional Sum Assured on Accidental Death (through ADB option)#
9. ^Available under Life & CI Rebalance Option only
10. *Available under Life Protect and Income Plus Options only
11. **Available as an inbuilt feature under Income Plus Option and on payment of extra premium under Life Protect Option (Fixed Term variant) and Life & CI Rebalance Option.
12. # WoP on diagnosis of CI is available as an inbuilt feature under Life & CI Rebalance Option and on payment of extra premium under Life Protect Option (Fixed Term variant). ADB option is available on payment of extra premium under Life Protect Option.

Plan Options

• 1. Life & CI Rebalance – A smart cover which aims to achieve a balance between Death and Critical Illness benefit as you go along in your life. Critical Illness cover increases at each policy anniversary with corresponding reduction in Life Cover. In addition, all future premiums are waived off on detection of any of the covered Critical Illnesses and the life cover continues.
• 2. Life Protect– Under this plan option, a lump sum is provided on death of the life assured.
• 3. Income Plus- Under this plan option, the Life Assured is covered for the entire policy term and also receives a lump sum payout on maturity along with regular income starting from age 60.

All ages are expressed as on last birthday. For all ages, risk commences from the date of inception of the contract.

HDFC Life Click 2 Protect Life (UIN: 101N139V03) is a non-linked, non-participating, individual, pure risk premium/savings life insurance plan. Life Insurance Coverage is available in this product. For more details on risk factors, terms and conditions, please read the Product Brochure carefully.

A Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan

A Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan that ensures you and your loved ones are financially protected.

Features of HDFC Life Sanchay Fixed Maturity Plan:

1. Single/ Joint Life Cover - Option to choose cover on Single Life or Joint Life basis
2. Flexibility of Premiums –Option of single premium/limited pay/regular pay premium payment option
3. Choice of Policy Terms – Option to choose from a range of Policy Terms upto 40 years
4. Guaranteed* Savings – Stay assured of the returns
5. Enhanced benefit– Enhanced maturity benefit for higher premiums
6. Optional Riders – Enhance your protection coverage with rider options on payment of additional premium

* Provided the policy is in force and all due premiums have been paid.

For Non POS Variant

• 1. Subject to the other life being at least 18 years
• 2. Applicable to both the lives
• 3. Premium amounts are exclusive of taxes and levies as applicable

All ages mentioned above are age last birthday. Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Assured on attainment of age 18 years. Also, in case of minor life, the relationship between the proposer and life assured shall be specified and the cover shall be granted to the extent of insurable interest only. If the life assured(s) is major, the policyholder(s) and the life assured(s) shall be the same person/people.

HDFC Life Sanchay Fixed Maturity Plan (UIN:101N142V01) is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan. Life Insurance Coverage is available in this product. For more details on risk factors, terms and conditions, please read the Product Brochure carefully

A Non-Linked, Participating, Life Insurance Plan

As you approach different stages in life, there are dreams and aspirations that you set out for yourself and your family. More often than not, you make tough choices, sacrificing one dream for the other. You also have to take care of day to day responsibilities like running the family, paying for health expenses, children’s school fees etc. With rising life uncertainties, it is important to secure a source of income to that takes care of these expenses, more so after your retirement or in case of unfortunate demise. A Life Insurance plan offers financial protection against such unforeseen events.

To help you achieve your goals, HDFC Life presents to you “Sanchay Par Advantage”, a life insurance solution which allows you to live an uncompromised life, whilst securing the future of your family and, ensuring you leave behind a legacy for them.

Features of HDFC Life Sanchay Par Advantage:

1. Life cover with protection up to age 100 years*
2. Choose between Immediate Income or Deferred Income options as per your needs
3. Flexibility to accrue the survival benefit payouts
4. Flexibility to choose survival benefit payout date
5. Survival Benefit Payouts from as early as 1st Policy year**
6. Enhanced benefit for policies with Annual Premium more than or equal to INR 100,0001
7. Tax benefits^ – You may be eligible for tax benefits as per prevailing tax laws

* Applicable on choosing a policy term as (100 - age at entry) years.

**Cash Bonus (if any) payouts from as early as 1st policy year. Applicable for Immediate Income option only

^As per Income Tax, 1961. Tax benefits are subject to changes in tax laws.

1 Applicable only to Deferred Income plan option. For more details, please refer “Additional Benefit for High Premium Policies” section in the Sales brochure.

Plan Variants:

Immediate Income option – An option that provides regular income by way of cash bonuses (if declared), from 1st policy year and provides lump sum at maturity thereby creating a legacy for your loved one.

Deferred Income option – An option that provides Guaranteed Income for a guarantee period2, and also provides regular income by way of cash bonuses (if declared) throughout the policy term. It helps create a legacy for your loved ones by providing a lump sum at maturity.

2 Guaranteed Income starts after Premium Payment Term + 1 year, provided all due premiums have been paid and the policy is in force. Guaranteed Income and Cash Bonus payouts, if declared, start one year after the end of Premium Payment Term. Guarantee Period is a period which is lower of 25 years, or Policy Term minus (Premium Payment Term + 1) years

^^Risk commences from the first policy anniversary where age at entry is less than 1 year. For all other ages, risk commences from the date of inception of the contract.
All ages mentioned above are age last birthday.

HDFC Life (UIN: 101N136V01) is a Non-Linked, Participating, Life Insurance Plan. Life insurance coverage is available in this product.For more details on risk factors, terms and conditions, please read the Product Brochure carefully.

A non-participating, non-linked savings insurance plan.

Life becomes more meaningful with the achievement of personal milestones. But these milestones are often accompanied by added responsibilities and expenses. Financial planning for key life stages such as marriage, parenthood, retirement, etc. becomes crucial to help us prepare for these expenses. Life Insurance plan can help you achieve such goals whilst safeguarding the family’s future against the unforeseen events.

While there are many investment opportunities that come with respective benefits, the assurance and convenience that a life insurance plan with guaranteed benefit offers is irreplaceable.

HDFC Life brings to you “HDFC Life Sanchay Plus”, a non-participating, non-linked, savings insurance plan that offers guaranteed returns for you and your family.

Features of HDFC Life Sanchay Plus:

1. Guaranteed* benefits – Rest assured of the returns
2. Flexibility – Guaranteed benefits as a lump sum or as regular income
3. Life Long Income option – Guaranteed Income till age 99 years
4. Long Term Income option – Guaranteed Income for a fixed term of 25 to 30 years
5. Life Long Income and Long Term Income option offers return of total premiums paid1 at the end of payout period
6. Guaranteed Maturity option – Guaranteed benefit payable as lump sum at maturity.
7. Guaranteed Income option – Maturity benefit in the form of Guaranteed Regular Income for a fixed term of 10 or 12 years.
8. Enhanced benefit for policies with Annual Premium more than INR 150,0002
9. Tax Benefits – You may be eligible for tax benefits as per prevailing tax laws
10. Optional Riders – Enhance your protection coverage with rider options on payment of additional premium

*Provided all due premiums have been paid and the policy is in force

1 Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

2 For more details, please refer “Enhanced Benefit for High Premium Policies” section in the Sales brochure.

3 Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Assured on attainment of age 18 years.

All ages mentioned above are age last birthday.

The minimum premium amounts are exclusive of taxes and levies as applicable.

HDFC Life Sanchay Plus (UIN:101N134V09) is a non-participating, non-linked savings insurance plan. Life insurance coverage is available in this product. For more details on risk factors, terms and conditions, please read the Product Brochure carefully.

An Individual/ Group, Non-Participating, Non linked, Savings Deferred Annuity Plan

Plan systematically for your retirement today and live worry free tomorrow

1. Limited Premium Payment
2. Deferment upto 15 years
3. Guaranteed* annuity rate at inception

*Annuity rate is fixed once the policy has been purchased and shall remain the same for the duration of the policy. Amount of guaranteed income will depend upon premiums paid subject to applicable terms and conditions.

What are the unique features offered under HDFC Life Systematic Retirement Plan:

1. An Individual/ Group, Non-Participating,  Non linked, Savings Deferred Annuity PlanPay premiums systematically for a limited premium paying term
2. Option to defer annuity payouts by choosing the deferment period
3. Guaranteed* income for whole of life
4. Option to receive annuity monthly, quarterly, half-yearly or yearly
5. Option of Return of Total Premiums Paid on death

* Amount of guaranteed income will depend upon premiums paid subject to applicable terms and conditions.

Choose your guaranteed benefits

1. Plan Options

You can choose any of the two annuity options at inception. Plan option once selected shall remain the same for the duration of the policy

1. a) Life Annuity
2. b) Life Annuity with Return of Premiums

2. Survival Benefits

1. a) During Deferment Period
   No Benefits shall be payable upon survival during the deferment period
2. b) After Deferment Period
   On survival after completion of the deferment period, payouts shall be made in arrears as per the annuity payment frequency chosen for as long as the annuitant is alive.

3. Death Benefit

1. a) On death during Deferment Period1
   1. I) The death benefit shall be the higher of
      1. Total Premiums2 paid accumulated at compounding interest of 6% p.a. till the date of death
      2. 105% of Total Premiums paid up to the date of death
         The policy shall terminate on payment of death benefit and all other benefits shall cease.
2. b) On death after Deferment Period
   1. i) For the Life Annuity option, no death benefit shall be payable.
   2. ii) For the Life Annuity with Return of Premiums option, the death benefit shall be the higher of
      1. Total Premiums paid accumulated at  compounding interest of 6% p.a. till end of deferment period less Total Annuity Payouts made till date of death
      2. 105% of all Total Premiums paid up to date of death
         Upon payment of the death benefit, the policy shall terminate and all other benefits shall cease.

1 Deferment Period –Period from the date of inception of the policy after which the first annuity payment is made to the annuitant, in arrears as per the frequency chosen by the annuitant. The deferment period shall be chosen by annuitant at inception. The Deferment period can be different from the premium payment term.

2 Total Premiums paid: Total premiums received excluding any extra premiums, rider premiums and taxes

Choose your annuity payout dates

On survival, annuity payouts by default shall be payable on the policy anniversary. You also have the option to choose to receive annuity on any one date as per your choice.

The minimum annuity payouts shall be in accordance with IRDAI (Minimum limits for Annuities and other Benefits) Regulations, 2015, as amended from time to time

All ages are calculated as at last birthday. Risk cover starts from date of commencement of policy for all lives.

^ Subject to annuity commencing at a maximum age of 80

1 The plan will be available to employer-employee groups on group platform

2 Premium amounts are exclusive of taxes and levies as applicable

HDFC Life Systematic Retirement Plan (UIN:101N143V01) is an Individual/ Group, Non-Participating, Non linked, Savings Deferred Annuity Plan. Life Insurance Coverage is available in this product. For more details on risk factors, terms and conditions, please read the Product Brochure.