HDFC Life Sanchay Legacy

If this additional option is selected, all future premiums payable under the plan will be waived, if the life assured is diagnosed with any of the 60 Critical Illnesses covered and the life cover, accidental death cover (if applicable) and terminal illness cover (if applicable) continues.

This option can be chosen only at policy inception and will be available only where premium payment term is other than Single Pay. Once chosen, the policyholder doesn’t have the option to opt out of this benefit.

To avail this option, additional premium shall be payable.

If this additional option is selected, all future premiums payable under the plan will be waived, in case of occurrence of Total and Permanent Disability, and the life cover, accidental death cover (if applicable) and terminal illness cover (if applicable) continues.

This option can be chosen only at policy inception and will be available only where premium payment term is other than Single Pay. Once chosen, the policyholder doesn’t have the option to opt out of this benefit.

To avail this option, additional premium shall be payable.

If this option is selected, the nominee will receive full or part of the death benefit in instalments. The conditions for choosing this option:

• This option can be chosen by the policyholder at policy inception or by the nominee at the time of claim.
• This option can be opted for full or part of Death Benefit proceeds payable under the policy.
• The instalment can be taken over a chosen period of 5 to 15 years 

After payment of premiums for first five completed policy years, you can decrease the premium up to 50% of the original Annualized Premium, subject to the minimum premium limits under the product. If this option is chosen, Sum Assured on Death under the policy will be reduced. Once decreased, the premium cannot be subsequently increased.