HDFC Life Single Premium Pension Super

HDFC Life Single Premium Pension Super

Investing in a pension plan is one way to secure your finances post-retirement. Presenting HDFC Life Single Premium Pension Super Plan, a unit-linked pension plan that creates a corpus over the policy term to generate post-retirement income for life.

Rated 
4.2
/5 (
276
 Votes)
Kindly provide your ratings for the insurance planKindly provide your ratings for the insurance planKindly provide your ratings for the insurance planKindly provide your ratings for the insurance planKindly provide your ratings for the insurance plan
  • Assured maturity benefit (on vesting) of 101% of single premium and all top-up premiums on the pension plan
    1. Flexibility to choose single premium amount with option to invest further through top-up premiums
      1. Flexibility to plan your retirement date
        1. Guaranteed regular income on the annuity purchased from us
          • At the end of the policy term, you will receive higher of the fund value or assured benefit of 101% of single premium paid including top-up premiums
            1. Premiums invested in a fund that allocates assets dynamically between equities and fixed income assets
              1. At vesting (on maturity), you have the opportunity to purchase an annuity plan from a range of options. You will get guaranteed income for life for yourself and your spouse. You also have the option to commute up to 1/3rd of the benefit at vesting tax-free as per prevailing tax laws
                1. In the event of demise during the policy term, your nominee will receive the higher of Fund Value or 105% of total premiums paid i.e. single premium and top-up premium

                  For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

                  Policy Term Age 10 years
                  Min-Max entry age 40-75 years
                  Min-Max age at maturity (vesting) 50-85 years

                  Age has to be taken as of "last birthday" basis.

                  For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

                  View this interactive video for more information on Pension Plans.