HDFC Life Super Income Plan is a participating regular income plan with guaranteed benefits plus bonuses. This policy offers guaranteed income for a period of 8 to 15 years and is ideal for individuals who need regular income at their disposal so that they don’t have to worry about future expenses and fulfill their financial goals uninterrupted.
HDFC Life Super Income Plan has been awarded as the 'Best Product Innovation' at the Indian Insurance Awards, 2014.
As you approach different stages in life, there are dreams and aspirations that you set out for yourself and your family. But this does not set you free from the day to day responsibilities of managing house, paying for health expenses, school fees etc. To help you ensure that none of this is compromised for the other, we offer you a solution such that you can fulfill your dreams uninterrupted.
|Min- Max Entry Age (years)||2 years (for policy term of 16 years
30 days (for policy terms of 18 to 27 years)
|59 (for policy term 16 years)
57 (for policy term 18 years)
55 (for policy term 20 years)
53 (for policy term 22 years)
51 (for policy term 24 years)
48 (for policy term 27 years)
|Min- Max age at Maturity (years)||18||75|
All ages mentioned above are age last birthday.
This plan offers range of options which you can select at inception based on your financial goals
|Options||Premium payment term (years) (A)||Payout period (years) (B)||Policy term (years) (A+B)||As % of Sum Assured on Maturity|
|Annual GBI paid during payout period (C)||Total Guaranteed income for entire payout period (B*C)|
|Option 1||8||8||16||12.50%||12.5% * 8 = 100%|
|Option 2||8||10||18||10.00%||10.0% * 10 = 100%|
|Option 3||10||10||20||12.00%||12.0% * 10 = 120%|
|Option 4||10||12||22||10.00%||10.0% * 12 = 120%|
|Option 5||12||12||24||10.00%||10.0% * 12 = 120%|
|Option 6||12||15||27||8.00%||8.0% * 15 = 120%|
For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.