HDFC Life Saving and Investment Plans - comparison

HDFC Life offers various saving and investment plans that are aimed for your fund growth and at ensuring that your monetary reserves continue to grow at a stable rate over a period of time. These plans include the following:

1. HDFC Life Click2InvestULIP “

   A unit linked insurance plan that offers market-linked benefits and eight fund options from which you can choose as per your risk appetite. A ULIP is a market-linked scheme that offers joint platform for insurance coverage and investment benefits. The ULIP comes with a lock-in period of five years and therefore, is ideal for mid-term to long-term financial goal-coverage. There are equity-based fund options, debt-based instruments and hybrid instruments that offer diverse investment allocation against debt and equity instruments. Moreover, HDFC Life ULIP offers you a unique fund-switch option that enables you to choose switch from one fund option to another, depending on your risk-appetite and market-preferences. ULIPs come with extensive tax benefits under Sections 80C and 10(10D) of the income Tax Act, 1961. Thus, ULIPs offer tax benefits together with investment benefits and insurance cover.

2. HDFC Life Click 2 Wealth “

   This is a highly beneficial saving and investment plan that comes with 8 fund options in “between which, unlimited switches are allowed. Moreover, as an investor, you get to benefit from the possibility of market-related returns and diverse fund options to which the payable premiums are allocated. There are additional features in the form of Return of Waiver option, which entitles the policy holder to ensure that is a complete waiver of the pending premiums in the child-related plan benefits, in the event of the policy holder's demise during the plan term. There is the Golden Years benefit plan which secures your retired life and enables you to remain financially stress-free during your post-retirement years.

3. HDFC Life Classic One “

   This uniquely beneficial plan is a single-premium unit linked insurance plan that offers the net sum assured benefit of up to ten times the single payable premium and offers this coverage to two individuals in the event of the second death. In addition to this, there are various loyalty additions that are payable in the term of the plan.

For details, click on the mentioned link: https://www.hdfclife.com/savings-plans

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