HDFC Life Assured Gain Plus

Life Insurance Cover for the full policy term while you pay for only 5 years

This plan ensures financial protection for your family members in case of an unfortunate event.

A lump sum amount equal to 10 times¹ the annual premium along with accumulated bonuses and Applicable Guaranteed Terminal Additions is paid to the family in case of policyholder’s demise.

You have to pay premiums for only 5 years while the benefits continue for the full policy term. You can choose from policy term options of 10 years, 12 years or 15 years.

Guaranteed² Sum Assured on Maturity: On completion of policy term, this plan helps you achieve your financial goals and reach important milestones in your life’s journey by paying:
Sum Assured on Maturity + Applicable Guaranteed Terminal Additions + Vested Simple Reversionary bonus, if declared + Terminal Bonus, if declared.
This amount is exempt from income tax as per prevailing income tax laws subject to change from time to time.

The Maturity benefit shall not be less than 101% of the contractual base premium payable under the policy excluding GST, rider premiums and premiums paid for extra mortality loading.

Your policy is eligible to earn bonuses during the policy term. These bonuses are accumulated as a percentage of the sum assured on maturity under the policy. Bonuses are non-guaranteed, but once declared, they become guaranteed.

Under this policy, Company may declare Simple Reversionary Bonus (SRB) annually throughout the Policy term and shall be vested to be paid out upon death or on Policy Maturity Date, whichever is earlier. The Company might also declare Terminal Bonus, if any, and the same will be payable in the event of death during the Policy Term or on Policy Maturity Date whichever is earlier.

You can enhance the protection under this plan by adding riders at a nominal additional premium.

• HDFC Life Income Benefit on Accidental Disability Rider

• HDFC Life Critical Illness Plus Rider

• HDFC Life Protect Plus Rider