HDFC Life Capital Shield – Investment-cum-Insurance Plan in India

Your policy matures at the end of the policy term and all your risk cover ceases. On maturity of the policy, provided all due premiums have been paid, the Life Assured will receive higher of:

1. Fund Value

2. Assured Maturity Benefit (as defined below)

Assured Maturity Benefit = (101% * “Total Premiums” paid till date) less the Total Partial Withdrawals made till date (if any).

In case of the Life Assured’s unfortunate demise during the Policy term, provided all due premiums have been paid, we will pay to the nominee the “Sum Assured on Death” The “Sum Assured on Death” shall be the highest of :

1. Sum Assured less Partial withdrawals made(if any)

2. Fund value

3. 105% of total premiums paid till the date of death

Loyalty additions (as percentage of the average fund value) will be added to the fund value in the form of additional units from the end of 6th policy year onwards, provided all due premiums have been paid. The Loyalty Additions will be added for both Single Pay and Limited Pay policies. Percentage of loyalty additions will vary with the Policy Year and have been outlined below :

Please refer to the Product Brochure for complete details of the product