HDFC SL Group Traditional Plan
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The HDFC SL GroupTraditional Plan is a conventional group plan wherein the company/affinity group is the policyholder & the group members /employees/depositors are the scheme members. The plan offers a flexible & cost effective way to build a corpus to fund all future employees’ needs. This plan enables you as a trustee to maximize your savings returns and meet your obligations in cost effective way.

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HDFC SL Group Traditional Plan

Group Traditional Plan is a group plan and available only on group basis. You as a company/affinity group will be the master policyholder. Only your scheme members will be eligible to join Group Traditional Plan.

To join this Plan, your scheme members need to fulfill following conditions, which will determine their eligibility.

  • Minimum age at entry : 16 years

  • Maximum age at entry : 75 years

  • Minimum Policy Term: 1 year

  • Maximum Policy Term: The policy continues indefinitely until either the Policyholder terminates/ surrenders the policy or the membership term of the existing members has expired and there are no new members.

  • New members can join at any well defined date as per the rules of the scheme with the policyholder.

  • Maximum Maturity Age: NA

  • Minimum group size: 50 members

For all ages, risk commences from the date of inception of the contract.

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