• HDFC Life Women Plans

    Women have special needs at different stages of life. The problems faced by women differ from that of men and therefore HDFC Life has tailored an insurance plan to suit the needs of women. This hand-picked product is designed to cater to women during these stages of life protection, child’s education, health, retirement, long-term savings and investments.

    Benefits of HDFC Life Women's Plans

    HDFC Life offers a plan designed specifically for women to ensure they have financial protection. The insurer provides hassle-free payment options with periodic cash payouts. You can benefit from the following when you opt for one of these plans:

    • The plans are available for purchase online
    • You can calculate your premium online before you make your decision
    • Receive periodic cash payouts
    • Make premium payments easily
    • Option to make partial withdrawals
    • Tax benefits as per the prevailing laws

    Women's Plans Offered by HDFC Life

    HDFC Life Smart Woman Plan:

    This plan gives women the opportunity to grow their savings. Women can have peace of mind knowing that there is a safety net. Some of the features and benefits of this plan have been listed below:

    Four Fund Options - You can choose to invest your money between 4 different funds based on your risk appetite. You can also switch across different funds and direct future premiums into a different fund option.

    Fund name Details
    Income Fund Credit exposure with high duration for higher potential returns
    Opportunities Fund Mid-cap equities
    Blue Chip Fund Large-cap equities
    Balanced Fund Dynamic equities with debt allocation

    3 Benefit Options - You can select any of the three benefit options available under this plan

    • Death of spouse (available with the Elite option)
    • Pregnancy complications/birth of baby with congenital disorder
    • Diagnosis of malignant cancer of female organs

    Flexible Tenures - This plan is highly customisable and can be tailored to suit your needs. Choose a tenure of 10 years or 15 years.

    Flexible Sums Assured - Your sum assured will be determined by the choice of premium amount.

    Tax Benefits - Tax benefits are available under Section 80C and 10(10D) of the Income Tax Act 1961.

    Plan Options - There are three plan options available under this plan:

    • Classic - Avail the premium waiver benefit is available under this plan. The next 3 years’ premium will be funded by HDFC Life.
    • Premier - Avail the premium waiver benefit is available under this plan. The next 3 years’ premium will be funded by HDFC Life. The Premier option comes with a periodic cash payout of 100% of the next 3 years’ premium.
    • Elite - Avail the premium waiver benefit is available under this plan. The next 3 years’ premium will be funded by HDFC Life. The Premier option comes with a periodic cash payout of 100% of the next 3 years’ premium and also provides coverage for the spouse’s death.
    Plan Name Plan Option Entry Age Maturity Age Premium
    HDFC Life Smart Woman Plan Proposer 18 years minimum NA Rs.24,000 p.a.
    Female Life Assured 18 years to 45 years 28 years to 60 years

    Why Should You Buy a Women's Plan From HDFC Life?

    Women have gained much more independence over the past few decades. Now, women can pursue their own careers and take care of themselves. Furthermore, many women handle the finances of the household as well. If you have dependents or children, then taking out an insurance policy would be a smart decision to ensure that your loved ones are taken care of financially in your absence. The insurance plan offered by HDFC Life tailored for women takes care of different issues at different stages of life depending on your choices. HDFC Life is one of the top insurers in the country with a host of products catering to a wide customer base.

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    HDFC Life Women Plans Reviews