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  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

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What HDFC Life Group Term Life is all about?

 A Non-Participating Non-Linked Group Insurance Plan

  • Any organisation which wishes to ensure that the employees/members financial goals are well protected and fullfilled

  • Life cover for members at affordable premium

  • Easy to sign up one master policy

  • One year renewable plan

  • Tax benefits1 for the master policy holder

  • The scheme can be contributory, i.e. members can also contribute to the premium

  • Provides an opportunity to:

    • Improve employee benefit program
    • Can be used as Employee incentive
    •  

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • Any organisation which wishes to ensure that the employees/members financial goals are well protected and fullfilled

  • Life cover for members at affordable premium

  • Easy to sign up one master policy

  • One year renewable plan

  • Tax benefits1 for the master policy holder

  • The scheme can be contributory, i.e. members can also contribute to the premium

  • Provides an opportunity to:

    • Improve employee benefit program
    • Can be used as Employee incentive
    •  

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit

1. As per Income Tax Act, 1961. Tax benefits are subject to change in Tax laws.

1. As per Income Tax Act, 1961. Tax benefits are subject to change in Tax laws.

Benefits

Know the benefits offered under this product

  • Life Cover
  • Single Master Policy
  • One Year Renewable Plan
  • Tax Benefits

Life Cover

Check Eligibility Criteria

ELIGIBILITY CRITERIA

Minimum / Maximum Age at Entry

For Employer – Employee Cases :18 years – 79 Years
For other cases : 18 – 69 Years
For Optional Accidental Death Benefit : 18 years – 64 years

Maximum Maturity Age

In case of Employer – Employee policies : 80 Years
In case of other policies : 70 Years
In case of Optional Accidental Death Benefit : 65 years

Policy Term


1 year renewable term.

For Affinity group where there is a lender borrower relationship this would mean a period of one year 365 days cover with respect to member joining date of the scheme from the respective risk commencement date of the Insured member.

Premium Payment Frequency

Annual, Half-yearly, Quarterly and Monthly

Minimum Sum Assured

₹ 5,000 per member

Minimum Group Size

For Employer – Employee Group : 10 members
For Non Employer - Employee Group : 50 members

Maximum Group Size

No Limit

ARN: EU/07/22/28279