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Why HDFC Life Assured Pension Plan?

A Unit Linked Pension Plan that lets you plan for your retirement

  • Start investing as early as 18 years 

  • Lower vesting/maturity age of 45 years3

  • Secure your retirement with assured vesting benefit and also gain from upside in the market

  • Choose either a single or limited pay

  • Loyalty additions in the form of Pension Multipliersevery alternate year, starting in the 11th year

  • Tax benefits as per prevailing tax laws2

  • Start investing as early as 18 years 

  • Lower vesting/maturity age of 45 years3

  • Secure your retirement with assured vesting benefit and also gain from upside in the market

  • Choose either a single or limited pay

  • Loyalty additions in the form of Pension Multipliersevery alternate year, starting in the 11th year

  • Tax benefits as per prevailing tax laws2

  1. Loyalty additions will be added to the fund value, if all due premiums have been paid, every alternate year starting from the end of 11th policy year. equivalent to 1% of average fund value for immediately preceding two years.
  2. Tax benefits are subject to provisions as per Income Tax Act, 1961. Tax laws are subject to changes.
  3. All ages mentioned above are age last birthday. For all ages, risk commences from the date of inception of the contract.
  1. Loyalty additions will be added to the fund value, if all due premiums have been paid, every alternate year starting from the end of 11th policy year. equivalent to 1% of average fund value for immediately preceding two years.
  2. Tax benefits are subject to provisions as per Income Tax Act, 1961. Tax laws are subject to changes.
  3. All ages mentioned above are age last birthday. For all ages, risk commences from the date of inception of the contract.

Your Plan. Your Benefits

Flexibility to choose your policy and premium payment terms.

Understand your benefits before buying this insurance policy

  • Vesting Benefit
  • Deferment of Vesting Benefit
  • Death Benefit
  • Pension Multiplier
  • Utilization Of Policy Proceeds

Vesting Benefit

(Benefits at the time of maturity of the policy)

Check Eligibility Criteria

Before buying HDFC Life Assured Pension Plan

ELIGIBILITY CRITERIA

Eligibility Criteria

Minimum

Maximum

ENTRY AGE1

18 years

65 years

VESTING AGE1

45 years

75 years

PREMIUM PAYMENT TERM SINGLE PAY

Policy Term: 10, 15 to 35 years

PREMIUM PAYMENT TERMS 8 PAY

PREMIUM PAYMENT TERM 10 PAY

PREMIUM PAYMENT TERM 15 PAY

Policy Term: 15 to 35 years

 

Premium/Payment Frequency Regular & Limited Options Single Pay Option

Minimum Premium

Annual

₹ 24000

NA

Half Yearly

₹ 12000

NA

Quarterly

₹ 6000

NA

Monthly

₹ 2000

NA

Single Pay

NA

₹ 50000

Maximum Premium

No Limit2

  1. All ages mentioned above are age last birthday. For all ages, risk commences from the date of inception of the contract.
  2. Subject to our Board Approved underwriting Policy.
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Customise your cover with this rider

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    HDFC Life Protect Plus Rider

    UIN: 101B016V01

    Get protected with a proportion of Rider Sum Assured in case of accidental death or partial/total disability due to accident or diagnosed with Cancer.

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Personal details

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Financial details

Your Required life cover to protect your family’s future is

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The values shown here are only for illustration. The results are generated based on the information provided. It is not intended to be and must not alone be taken as the basis for an investment decision.

In this policy, the investment risk in the investment portfolio is borne by the policyholder. The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year.

For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. HDFC Life Assured Pension Plan (UIN: 101L109V05, Form No: 501) the name of the Unit linked plan. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC Life Assured Pension Plan (UIN: 101L109V05, Form No: 501) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

T&C*

  1. Loyalty additions will be added to the fund value, if all due premiums have been paid, every alternate year starting from the end of 11th policy year equivalent to 1% of average fund value for immediate preceding two years.
  2. Assured Vesting Benefit can be calculated as: [101% + 1% x (Policy Term minus Premium Paying Term)] of the total premiums paid. For more details on Assured Vesting Benefit kindly refer to - Benefits of HDFC Life Assured Pension Plan (Section b).
  3. Flexibility to choose from Premium Paying Term options of Single Pay, 8 Pay, 10 Pay or 15 Pay.

ARN: EU/07/21/24459