HDFC Life Smart Term Edge

You can choose from 3 plan options to suit the desired protection

Classic: Protection with return of premium: Under this option, you pay for a chosen death benefit. In the event of demise, the chosen Death Benefit is paid to your nominee. In case of survival till the end of policy term an amount equal to 100% of total premiums paid by you is returned.

Step-up: Protection with higher return of premium: Under this option, you pay for a chosen Death Benefit in the event of demise, the chosen Death Benefit is paid to your nominee. In case of survival till the end of policy term an amount up to 150% of Total Premiums paid by you is returned. This payout depends on the policy term chosen by you

Comprehensive : Enhanced protection with return of premium: Under this option, you choose a Death Benefit under Classic variant for which you pay over the chosen policy term. In addition, increase the Death Benefit by paying additional premium that is for Extra Protection. In the event of demise, the total Death Benefit chosen under the Classic variant plus the additional Death Benefit is paid to your nominee.

In case of survival till the end of policy term, an amount equal to 100% of total premiums paid by you under Classic variant is returned to you.

Under this plan you have to choose the option at policy inception. Once chosen, option cannot be changed during the policy term.

Policyholder may be eligible for the following tax benefits¹ as per prevailing tax laws:

• On the premiums paid
• On the maturity proceeds of the policy
• On the premium paid towards riders, if any