Compare Investment and Savings Plans
Table of Content
With numerous insurance companies offering multiple investment plans, one must compare investment plans in India before finalizing the policy. One can opt for guaranteed income plan offering fixed payouts after a specific duration, or opt for investment funds that generate returns through diversified fund allocations. Read ahead and compare savings and investment plans of three HDFC Life products.
Compare Savings and Investment Plans by HDFC Life
HDFC Life Click 2 Invest ULIP Plan
Entry Age:
30 days to 65 years
Maturity Age:
18-75 years
Minimum Sum Assured:
One of the three:
7 times annualized premium if age of entry is greater than 55 years;
10 times annualized premium if age of entry is less than or equal to 55 years;
125% of Single Premium
Minimum Premium:
Rs. 1,000 monthly/ Rs. 3,000 quarterly/ Rs. 6,000 half-yearly/ Rs. 12,000 annual/ Rs. 24000 single
Minimum Maturity Benefits:
Fund value equivalent to No. of units policy holder's fund multiplied by the unit price prevailing at time of maturity.
Minimum Death Benefits:
Highest of Sum Assured, or Fund Value, or105% of all premiums paid
Accidental Death Benefit:
NA
Partial Withdrawal/Loans:
Allowed after completion of five years of the policy
Policy Term:
5-20 years
Payment Options:
Single Pay or Limited for 5/7/10 years or Regular for 5-20 years
Premium Frequency:
Quarterly/Half Yearly/Annual
80CCCTax Benefits:
Yes
10 (10D)Tax Benefits:
Yes
Fund Allocation:
Option of investing in a combination of funds with risk rating ranging from Low to Very High.
Click Here to Buy this Plan Online
HDFC Life Super Income Plan
Entry Age:
For policy term of:
16 years- 2-59 years.
18 years- 30 days to 57years
20 years- 30 days to 55 years
22 years- 30 days to 53 years
24 years- 30 days to 51 years
27 years- 30 days to 48 years
Maturity Age:
18-75 years
Minimum Sum Assured:
Rs. 1,28,337/-
Minimum Premium:
Rs. 2,000 monthly/ Rs. 6,000 quarterly/ Rs. 12,000 half-yearly/ Rs. 24,000 annual.
Minimum Maturity Benefits:
Depending on time of payout:
At end of each payout year- A fixed percentage of the sum assured as Guaranteed Base Income
At maturity: Last Guaranteed Base Income payout + Bonuses
Minimum Death Benefits:
In case of death during the term of the policy, the nominee will receive highest of Sum Assured on Death+ Bonuses, or 105% of all premiums paid Sum Assured on Death is the higher of
Maturity Sum Assured, or
10 times the annualized premium if entry age is less than or equal to 50 years
7 times the annualized premium if entry age is greater than 50 years.
Accidental Death Benefit:
NA
Partial Withdrawal/Loans:
Loan of 80% of surrender value allowed
Policy Term:
16-27 years
Payment Options:
Multiple Options
Premium payment for 8 years and payout period of 8 years
Premium payment for 8 years and payout period of 10 years
Premium payment for 10 years and payout period of 10 years
Premium payment for 10 years and payout period of 12 years
Premium payment for 12 years and payout period of 12 years
Premium payment for 12 years and payout period of 15 years
Premium Frequency:
Quarterly/Half Yearly/Annual
80CCCTax Benefits:
Yes
10 (10D)Tax Benefits:
Yes
Fund Allocation:
NA
Click Here to Buy this Plan Online
HDFC Life Super Savings Plan
Entry Age:
30 days to 60 years
Maturity Age:
18-75 years
Minimum Sum Assured:
Rs. 2,45,155
Minimum Premium:
Rs. 2,000 monthly/ Rs. 6,000 quarterly/ Rs. 12,000 half-yearly/ Rs. 24,000 annual
Minimum Maturity Benefits:
Sum assured + accrued simple reversionary bonuses, interim bonus, and terminal bonus.
Minimum Death Benefits:
Depending on time of death: Death during the term of the policy, the nominee will receive highest of:
Sum Assured, or
10 times the annualized premium, or 105% of all premiums paid
In case of death after the policy is fully paid-up, highest of
Paid-up sum assured, or
105% of all premiums paid
Accidental Death Benefit:
In case of accidental death of the life assured aged not less than 18 years on the date of death, an additional sum assured shall be paid over and above the policy's death benefit.
Partial Withdrawal/Loans:
Loan of 80% of surrender value allowed
Policy Term:
15-30 years
Payment Options:
Regular
Premium Frequency:
Quarterly/Half Yearly/Annual
80CCCTax Benefits:
Yes
10 (10D)Tax Benefits:
Yes
Fund Allocation:
Option of investing in a combination of funds with risk rating ranging from Low to Very High.
Click Here to Buy this Plan Online
Similar Articles
- Importance of Savings & Investments
- Long Term Investment Options in India
- What are the best investment plans with high returns?
- How to judge whether you are being sold the right investment - HDFC Life
- 5 Best Short Term Investment Plans for 1 year
- 6 Important Things To Keep In Mind While Investing
Term Plan Articles
Investment Articles
Savings Articles
Life Insurance Articles
Tax Articles
Retirement Articles
ULIP Articles
Subscribe to get the latest articles directly in your inbox
Health Plans Articles
Child Plans Articles
Popular Calculators
Here's all you should know about life insurance.
We help you to make informed insurance decisions for a lifetime.
HDFC Life
Reviewed by Life Insurance Experts
HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER
We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.
Popular Searches
- Term Insurance Calculator
- Investment Plans
- Investment Calculator
- Investment for Beginners
- Best Short Term Investments
- Best Long Term Investments
- 5 year Investment Plan
- savings plan
- ulip plan
- retirement plans
- health plans
- child insurance plans
- group insurance plans
- income tax calculator
- bmi calculator
- compound interest calculator
- income tax slab
- Income Tax Return
- what is term insurance
- Ulip vs SIP
- tax planning for salaried employees
- HRA Calculator
- Annuity From NPS
- Retirement Calculator
- Pension Calculator
- nps vs ppf
- short term investment plans
- safest investment options
- one time investment plans
- types of investments
- best investment options
- best investment options in India
- Term Insurance for Housewife
- Money Back Policy
- 1 Crore Term Insurance
- life Insurance policy
- NPS Calculator
- Savings Calculator
- life Insurance
- Gratuity Calculator
- Zero Cost Term Insurance
- critical illness insurance
- itc claim
- deductions under 80C
- section 80d
- Whole Life Insurance
- benefits of term insurance
- types of life insurance
- types of term insurance
- Benefits of Life Insurance
- Endowment Policy
- Term Insurance for NRI
- Term Insurance for Women
- Term Insurance for Self Employed
- Benefits of Health Insurance
- Health Insurance for Senior Citizens
- Health Insurance for NRI
- Best Term Insurance Plan for 1 Crore