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Why HDFC Life My Assured Income Plan is just right for you?

A non-linked non-participating Individual Life Insurance Savings Plan

  • The plan is suitable for those who want to pay premium for a shorter duration of time and receive assured regular income in the future.

  • Choice of 3 variants to receive Guaranteed Income payouts

  • Guaranteed Terminal Benefit on completion of policy term

  • Limited Premium Payment Term

  • Enhanced protection through optional riders

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  • The plan is suitable for those who want to pay premium for a shorter duration of time and receive assured regular income in the future.

  • Choice of 3 variants to receive Guaranteed Income payouts

  • Guaranteed Terminal Benefit on completion of policy term

  • Limited Premium Payment Term

  • Enhanced protection through optional riders

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  • Lorem ipsum dolor sit amet, consectetur adipiscing elit

Your Plan. Your Benefits

View the benefits available for you

  • Plan Variants
  • Premium Paying Term
  • Terminal Benefit

Plan Variants

Check Eligibility Criteria

ELIGIBILITY CRITERIA

Premium Payment Term (Years)

5 years / 8 years

Policy Term (Years)

5 PPT - 10 years

8 PPT-16 years

Minimum Age at Entry (as on last birthday)

PPT

Uniform Income Benefit

Enhanced Income Benefit/ Increasing Income Benefit

5 years

13 years

(14 years for Monthly Income Payout)

8 years

(9 years for Monthly Income Payout)

8 years

10 years

(11 years for Monthly Income Payout)

2 years

(3 years for Monthly Income Payout)

Maximum Age at Entry (as on last birthday)

PPT

Age at Entry

5 years

60 years

8 years

54 years

Minimum Premium

PPT

Uniform Income Benefit

Enhanced Income Benefit/ Increasing Income Benefit

5 years

₹ 95,000 (Annual)

₹ 50,000 (Half-Yearly)

₹ 9,000 (Monthly)

₹ 50,000 (Annual)

₹ 30,000 (Half-Yearly)

₹ 5,000 (Monthly)

8 years

₹ 50,000 (Annual)

₹ 30,000 (Half-Yearly)

₹ 7,000 (Monthly)

₹ 25,000 (Annual)

₹ 15,000 (Half-Yearly)

₹ 4,000 (Monthly)

Maximum Premium

No Limit (subject to Board approved underwriting policy)

Premium Payment Mode

Annual, Half Yearly, Monthly1

Income Payout Frequency

Annual, Monthly

1. For monthly premium payment mode, 3 monthly premiums are collected in advance on the date of commencement of the policy.

Customise your cover these riders

Riders in insurance have an important part in contingency planning. Top up your Saving Plan with them.
  • icon

    HDFC Life Term Rider

    UIN: 101B019V01

    We pay a lump sum amount equal to the Rider Sum Assured on Death is paid and the rider cover ceases.

    DOWNLOAD BROCHURE
  • icon

    HDFC Life Critical Illness Rider

    UIN: 101B018V01

    We pay one-time lump sum benefit if diagnosed with of any of the specified critical illnesses.

    DOWNLOAD BROCHURE

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

ARN: EU/07/22/28273