You have always wanted to use the best possible avenues to invest your hard-earned money. While deciding on where to invest your money, you have had to choose between uncertainties associated with equity and the safety and assurance offered by debt oriented securities. One would always long for a solution that would give him the best of both worlds.
With HDFC Life Capital Shield, we bring to you an investment-cum-insurance plan that offers the potential of higher returns, by investing a part of your money in equity and the balance in debt, while also providing you with life cover. The allocation of your money to debt fund shall systematically increase over time to protect your capital.
Your policy matures at the end of the policy term and all your risk cover ceases. On maturity of the policy, provided all due premiums have been paid, the Life Assured will receive higher of:
Assured Maturity Benefit = (101% * “Total Premiums” paid till date) less the Total Partial Withdrawals made till date (if any).
In case of the Life Assured’s unfortunate demise during the Policy term, provided all due premiums have been paid, we will pay to the nominee the “Sum Assured on Death” The “Sum Assured on Death” shall be the highest of :
Loyalty additions (as percentage of the average fund value) will be added to the fund value in the form of additional units from the end of 6th policy year onwards, provided all due premiums have been paid. The Loyalty Additions will be added for both Single Pay and Limited Pay policies. Percentage of loyalty additions will vary with the Policy Year and have been outlined below :
|Policy Year||Loyalty Additions
(as a % of average Fund Value)
Please refer to the Product Brochure for complete details of the product
All ages mentioned above are age last birthday. The minimum entry age and the policy term selected shall be such that the maturity age limits are met.
For more details on risk factors, charges, terms and conditions, please read the Product Brochure carefully and/or contact our customer service at 1800-266-9777 before taking a decision.