12. Guaranteed – Only for the policies that are in force and all due premiums have been paid.
13. In case of Joint Life Option the annuity continues till either of the life assured is alive & Waiver of Premium (WOP) is applicable only on first death of primary life.
14. Allowed only after completion of 3 years from commencement of policy, upto 3 times during policy term, maximum upto 25% of the total premiums paid, subject to receipt of all due past premiums or if Waiver of Premium (WOP) benefit has been triggered
15. Lock in – Applicable if Variant 2 - With Guaranteed Income variant is chosen.
Bandhan Bank Ltd. is a Corporate Agent for HDFC Life Company Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0530.
The Plans offered are underwritten by HDFC Life Insurance Company Limited. The purchase of an insurance plan by the customer is purely on voluntary basis and is not linked to availment of any other facility from the bank.
HDFC Life Insurance Company Limited (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101. HDFC Life Sanchay Aajeevan Guaranteed Advantage(UIN: 101N208V01)Registered Office: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Tel No: (022)67516666.
The name /letter 'HDFC' in the name/logo of HDFC Life Insurance Company Limited (HDFC Life) belongs to HDFC Bank Limited and is used by HDFC Life under licence from HDFC Bank Limited.
For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.
ARN - BA/04/25/22880