HDFC Life Savings/Invesment Plans

Investing for the future is something most of us have on our minds, but often failing to actually go ahead and invest on account of multiple factors. Given the importance of securing our income for a rainy day, it is imperative to consider savings/investment plans. HDFC Life offers a host of savings/investment plans catering to different requirements. Not only do they help secure your financial security, they also help your family meet any financial emergencies in the event of your demise.

Benefits of HDFC Life Savings/Investment Plans

• Plans offered by HDFC Life provide guaranteed maturity benefits, ensuring the investment grows over a period of time.
• One can choose a policy term which matches his/her needs. HDFC Life offers plans with terms ranging between 15 and 25 years.
• These plans come with a limited premium payment term, helping one avail the benefits of a policy while paying for a limited period.
• One can avail tax benefits under the respective tax laws of India.
• One can choose from different fund options which meet their growth trajectory.

List of Savings/Investment Plans offered by HDFC Life

HDFC Life offers 15 investment plans, as mentioned below:

HDFC Life Click2Invest ULIP:

This is unit linked plan which can be purchased online. One can choose the period of investment, with HDFC Life offering 8 fund options to choose from. Not only does the fund provide a death benefit in the event of demise of policyholder, it also offers a maturity benefit after the term ends.

HDFC Life Sanchay Plan:

This is a non-participating plan which provides assured benefits to members. One can customise the plan to match their growth expectations. The plan offers benefits ranging between 220 and 325% of the sum assured, with the option to choose a policy term as per the commitments one has.

HDFC Life Sampoorn Samridhi Plus:

This is a plan which provides cover for the entire life of an individual, ensuring that his/her family is financially secure irrespective of what happens.

HDFC Life Super Savings Plan:

This is a plan which provides profit on the investment, primarily targeting those looking for long-term savings. It offers a maturity benefit which consists of the sum assured plus any bonuses accrued during the term. In the event of demise of policyholder, a death benefit will be paid to the nominee.

HDFC Life Classic Assure Plan:

This doubles as an insurance plus investment plan, offering profits to policyholders. It provides an assured reversionary bonus of 3% (minimum), in addition to a maturity benefit after the policy term. A death benefit will be paid in case of demise of policyholder. One can also opt for a policy loan to meet financial emergencies.

HDFC Life Super Income Plan:

This is a non-linked, participating plan which provides assured income for a period ranging between 8 and 15 years. It offers a maturity benefit, bonuses, and assured base income to the policyholder. In the event of death, a death benefit will be paid to the nominee.

HDFC Life Sampoorn Nivesh:

One can choose from 8 fund options, with the plan providing flexibility to opt for an investment term which matches ones growth expectations. There are also three benefit options provided by HDFC Life, each offering a death benefit based on certain criteria.

HDFC Life ProGrowth Plus:

This is a plan which doubles as a savings plus insurance scheme. It offers the sum of all accumulated savings in the fund, with the policyholder having the option to choose between two plan options. It offers a death benefit equivalent to the highest of the sum assured, value of the fund, or the minimum death benefit.

HDFC SL ProGrowth Flexi:

This is a unit linked plan which doubles as a savings plus insurance plan. One can choose from different funds, with the plan offering two option. In terms of death benefits. Individuals who opt for the Life Option will be protected by a death benefit, while those opting for an Extra Life Option will be covered by a death benefit plus an accidental death benefit.

HDFC SL ProGrowth Super II:

This is a unit linked scheme which provides an individual 8 plan options to choose from, each offering protection against a number of contingencies.

Plan Name	Entry Age	Maturity Age	Premium
HDFC SL ProGrowth Super II	Minimum 14 years for Life Option 18 years for all other plans Maximum 65 years for Life Option 55 years for all other plans	Maximum 75 years for Life Option 70 years for Extra Life Option 65 years for all other plans	Varies based on the plan option

HDFC SL Crest:

This is a ULIP which is designed for those looking for short-term investment. Policyholders are provided a cover for a period of 10 years, with four diverse fund options to choose from.

HDFC Life Uday:

This is a traditional plan which participates in the profits of the company. It offers guaranteed additions each year, with bonuses provided every year. It also provides additional protection in case of accidental death.

HDFC SL ProGrowth Maximiser:

This is a plan which provides protection for the policy term after a single premium has been paid. In essence it is a ULIP which provides a maturity benefit and death benefit.

HDFC Life Capital Shield:

This is a unit linked plan which does not participate in the profits of the company. It provides investors an assured maturity benefit, ensuring that their investment is free from associated market risks.

HDFC Life Pragati:

This plan is designed for those looking to secure their future with minimal investments. A non-linked plan which offers bonuses based on the performance of the company, it provides multiple options for policyholders to choose from.

Plan Name	Entry Age	Maturity Age	Premium
HDFC Life Pragati	Minimum 8 years Maximum 55 years	Minimum 18 years Maximum 65 years	Minimum: Single- Rs.5,000 Yearly – Rs.900 Half-yearly – Rs.450 Quarterly – Rs.225 Monthly – Rs.100 Maximum: Single – Rs.15,500 All other modes – Rs.5,500

HDFC SL Sarvgrameen Bachat Yojana:

This is a microinsurance scheme which is designed to provide insurance cover to individuals from rural areas. In addition to protection, it also offers generous returns on investments.

Why do you need HDFC Life Savings/Investment Plans?

A close look at our parents or grandparents is sufficient for us to see that inflation can have a deep impact on our money, and any amount left stagnant loses its value over time. An investment plan from HDFC can help our money grow over time, while offering life cover, ensuring that we meet two basic requirements.

The option to choose from a range of products ensures that we find a plan which suits our budget, irrespective of how much we can invest. Choosing to secure our future through a savings plan from HDFC Life not only helps us meet any contingencies which can arise, but also helps us live in peace.