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  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

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Features

A Non-Linked Non-Participating Group Term Insurance Plan

  • Participating Banks/Post office will be the Master Policyholder while Savings Bank/Post office account holders will be the members under the scheme

  • For all Savings Bank/Post office account holders whose age is between 18 to 50 years

  • Offers ₹ 2 Lakhs renewable life insurance cover for your family, in your absence

  •  Life insurance worth Rs. 2 lacs at just Rs. 436 (Rs. 406 for voluntary enrolment through electronic mode) per annum.

  • The premium will be deducted from the account holder's Saving bank/Post office account through 'auto debit' facility.

  • Participating Banks/Post office will be the Master Policyholder while Savings Bank/Post office account holders will be the members under the scheme

  • For all Savings Bank/Post office account holders whose age is between 18 to 50 years

  • Offers ₹ 2 Lakhs renewable life insurance cover for your family, in your absence

  •  Life insurance worth Rs. 2 lacs at just Rs. 436 (Rs. 406 for voluntary enrolment through electronic mode) per annum.

  • The premium will be deducted from the account holder's Saving bank/Post office account through 'auto debit' facility.

Benefits

Benefits Available Under the HDFC Life Pradhan Mantri Jeevan Jyoti Bima Yojana Plan

Know the benefits offered under this product

  • Features

Features

Eligibility

ELIGIBILITY CRITERIA

MINIMUM ENTRY AGE

18 yrs (age last birthday)

MINIMUM MATURITY AGE

19 yrs (age last birthday)

 

MAXIMUM ENTRY AGE

New Member
50 years
(age nearest birthday)

Renewals
54 years
(age nearest birthday)

 

MAXIMUM MATURITY AGE

55 years
(age nearest birthday)

PREMIUM FREQUENCY

Annual1

 

SUM ASSURED

₹ 2 Lakh


First premium is payable depending upon date of joining the scheme as shown below:

Date of Joining the scheme

Premium^

1st June to 31st Aug

Rs. 436

1st Sep to 30th Nov

Rs. 342

1st Dec to 28th Feb (29th Feb if leap year)

Rs. 228

1st March to 31st May

Rs. 114


In case of voluntary enrolment by an accountholder through electronic means, first premium payable depending upon date of joining the scheme shall be as below:

Date of Joining the scheme

Premium^

1st June to 31st Aug

Rs. 406

1st Sep to 30th Nov

Rs. 319.5

1st Dec to 28th Feb (29th Feb if leap year)

Rs. 213

1st March to 31st May

Rs. 106.5


^ Premium is exclusive of Taxes and Other Levies (if applicable) The renewal premium payment shall be payable on Annual Frequency

  1.  For enrolments after first quarter, the premium shall be pro-rated based upon date of joining the scheme as mentioned above.
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T&C*

  1. The product offers one year renewable life insurance cover to all eligible customers as per the rules of the PMJJBY scheme, as amended from time to time.

ARN: PP/09/22/28908