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HDFC Life Group Term Life
HDFC Life Group Term Life
UIN: 101N169V02Ensure Financial Security for your Employees
Life cover for members
Easy to sign up one master policy
One year renewable plan
1800-266-9777
(All Days, from 9am to 9pm, Toll Free)
What HDFC Life Group Term Life is all about?
A Non-Participating Non-Linked Group Insurance Plan
Any organisation which wishes to ensure that the employees/members financial goals are well protected and fullfilled
Life cover for members at affordable premium
Easy to sign up one master policy
One year renewable plan
Tax benefits1 for the master policy holder
The scheme can be contributory, i.e. members can also contribute to the premium
Provides an opportunity to:
- Improve employee benefit program
- Can be used as Employee incentive
- Lorem ipsum dolor sit amet, consectetur adipiscing elit
- Lorem ipsum dolor sit amet, consectetur adipiscing elit
Any organisation which wishes to ensure that the employees/members financial goals are well protected and fullfilled
Life cover for members at affordable premium
Easy to sign up one master policy
One year renewable plan
Tax benefits1 for the master policy holder
The scheme can be contributory, i.e. members can also contribute to the premium
Provides an opportunity to:
- Improve employee benefit program
- Can be used as Employee incentive
- Lorem ipsum dolor sit amet, consectetur adipiscing elit
- Lorem ipsum dolor sit amet, consectetur adipiscing elit
1. As per Income Tax Act, 1961. Tax benefits are subject to change in Tax laws.
1. As per Income Tax Act, 1961. Tax benefits are subject to change in Tax laws.
Benefits
Know the benefits offered under this product
- Life Cover
- Single Master Policy
- One Year Renewable Plan
- Tax Benefits
Life Cover
Life Cover
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At any time during the policy term, in case of unfortunate event, the life cover amount is paid to the family of the member.
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This protection benefit comes at affordable premiums.
Check Eligibility Criteria
ELIGIBILITY CRITERIA
Minimum / Maximum Age at Entry |
For Employer – Employee Cases :18 years – 79 Years For other cases : 18 – 69 Years For Optional Accidental Death Benefit : 18 years – 64 years |
Maximum Maturity Age |
In case of Employer – Employee policies : 80 Years In case of other policies : 70 Years In case of Optional Accidental Death Benefit : 65 years |
Policy Term |
For Affinity group where there is a lender borrower relationship this would mean a period of one year 365 days cover with respect to member joining date of the scheme from the respective risk commencement date of the Insured member. |
Premium Payment Frequency |
Annual, Half-yearly, Quarterly and Monthly |
Minimum Sum Assured |
₹ 5,000 per member |
Minimum Group Size |
For Employer – Employee Group : 10 members For Non Employer - Employee Group : 50 members |
Maximum Group Size |
No Limit |
ARN: PP/08/23/4255