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Secure your family's financial

independence and self-respect

HDFC Loan Cover Term Assurance Plan

This plan aims to protect your family from your loan liabilities in case of your unfortunate demise within the policy term. It provides the beneficiary with a lump sum amount, which is a decreasing percentage of the initial Sum Assured. This means that as the outstanding loan decreases as per the loan schedule, the cover under the policy also decreases as per the policy schedule.

Features

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Advantages

  • Flexibility to choose the Sum Assured.
  • Decreasing Sum Assurance as the outstanding loan decreases ensures that you do not pay for the protection you don't need.
  • Additional Optional Benefit is available at a nominal cost.
  • Option of paying single premium or regular premium.
  • Tax benefits are offered under section 80C, 80 D and 10(10D) of the Income Tax Act, 1961.
For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.
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SERVICEto 5676727

Phone

Toll Free (BSNL/MTNL):1800 227 227LOCAL CALL:6000 9191

Toll Free :1800 228 228 (BSNL/MTNL) /1800 209 7777 (ANY PHONE)

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HDFC Life Insurance is a leading player amongst the private life insurance policy providers in India. We offer all types of life insurance plans such as term insurance plan, health plans, pension plans for retirement planning, child insurance plan/policy, child education plans, ULIPs, saving and investment planning plans. These policies also help in tax planning. Most of these HDFC Life insurance policies are available online and users can buy online HDFC Life Insurance Plans.

Copyright © 2009 HDFC Standard Life Insurance Company Limited. All Rights Reserved.

Insurance is the subject matter of the solicitation. HDFC Standard Life Insurance Company Limited. Registration No 101, granted on 23rd October, 2000 by IRDA.

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ARN: MC/04/2009/700