HDFC Life Sampoorn Samridhi Plus - Whole Life Insurance

• HDFC Life Sampoorn Samridhi Plus provides an option to choose between the following Plan option:
  1. Endowment - Lump sum amount payable at the end of policy term.
  2. Endowment with Whole Life - Lump sum amount payable at the end of policy term + Sum Assured on Maturity payable on survival till age 100 years or death, whichever is earlier
• Maturity Benefit:
  1. Endowment : Sum Assured on Maturity + Accrued Guaranteed¹ Additions + Accrued Reversionary bonuses + Interim Bonus (if any) + Terminal Bonus (if any) on maturity
  2. Endowment with Whole Life: Benefit payable under Endowment Option + Sum Assured on Maturity payable on survival till age 100 years or death whichever is earlier
• Death Benefit:

  In case of the Life Assured’s unfortunate demise, we will pay to the nominee the highest of the following:

  1. Sum Assured on Death + Accrued Guaranteed¹ Additions + Accrued Reversionary Bonuses + Interim bonus (if any) + Terminal bonus (if any)
  2. 105% of total premiums paid² till date
• Where Sum Assured on Death shall be highest of :
  1. Sum Assured on Maturity, which is the absolute amount of benefit guaranteed to be payable on maturity of the policy
  2. An absolute amount assured to be paid on death, which in this case is equal to the Sum Assured on Maturity
  3. 10 times Annualized Premium³ for entry age up to 50 years and 7 times Annualized Premium³ for entry age greater than 50 years
• Accidental Death Benefit:
  1. In case of the Life Assured’s unfortunate demise during the term of the policy, an additional sum equal to Sum Assured on Death is payable provided the life assured is aged 18 years & above on the date of death. 

¹The plan provides additional boosters in the form of guaranteed additions, provided the policy is in force. The Guaranteed Additions are payable at maturity or death, whichever is earlier. The rate of Guaranteed Additions will depend upon the policy term and will accrue during the first 5 years of the policy.

²Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

³Annualised premium means premium amount payable in a year excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.