(A Non-Linked, Participating, Life Insurance Plan)
Your family depends on you. Things like giving your child the best education, security for your spouse, going on that much awaited vacation or building a second home are a few of the many important milestones of your life. While you may have done your best to take care of them, life is unpredictable. On the journey of life, roadblocks spring up unannounced and may affect your plans adversely. Therefore, staying prepared is a smarter way to deal with life’s unexpected turns. With HDFC Life Sampoorn Samridhi Plus, build wealth and plan your legacy while enjoying lifetime coverage.
Lump sum payment at the end of policy term
Life cover throughout the policy term with an option to extend it till age 100 years
Guaranteed Additions up to 3% to 5% p.a. of “Sum Assured on Maturity” for first 5 years
Min: 30 days
Max: 60 years
Min: 18 years
Max: 75 years
Min: 15 years
Max: 40 years
All ages mentioned above are age as of last birthday. For all ages, risk commences from the date of inception of the contract.
In cases where Life Assured is a minor, the policy will automatically vest on him or her attaining 18 years of age.
Plan Options: HDFC Life Sampoorn Samridhi Plus provides an option to choose between the following Plan option*
Endowment- Lump sum amount payable at the end of policy term.
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
Endowment: Sum Assured on Maturity** + Accrued Guaranteed1 Additions + Accrued Reversionary bonuses (if declared) + Interim Bonus (if any) + Terminal Bonus (if any) on maturity
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:
Sum Assured on Death + Accrued Guaranteed1 Additions + Accrued Reversionary Bonuses (if declared) + Interim bonus (if any) + Terminal bonus (if any)
105% of total premiums paid2 till date
Where Sum Assured on Death shall be highest of:
Sum Assured on Maturity, which is the absolute amount of benefit guaranteed to be payable on maturity of the policy
An absolute amount assured to be paid on death, which in this case is equal to the Sum Assured on Maturity**
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: In case of the Life Assured’s unfortunate demise due to accident 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.
*The plan option should be chosen at policy inception and cannot be altered later.
**“Sum Assured on Maturity” means an absolute amount of benefit which is guaranteed to become payable on maturity of the policy
HDFC Life Income Benefit on Accidental Disability Rider (UIN - 101B013V03): A benefit equal to 1% of Rider Sum Assured per month for the next 10 years, in case of an Accidental Total Permanent Disability. There is no maturity benefit available under this rider.
HDFC Life Critical Illness Plus Rider (UIN - 101B014V02): A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days following the diagnosis. There is no maturity benefit available under this rider.
Please refer to the respective Rider Brochures on www.hdfclife.com for more details on Riders.
You can choose to pay your premiums either annually, half yearly, quarterly or monthly. Premium limits are as follows:
Frequency of Premium Payment
Minimum Instalment Premium3
Maximum Instalment Premium
3The minimum premium amounts are exclusive of applicable Taxes and Other Statutory Levies.
4The acceptance of any case is subject to satisfactory board approved underwriting policy.
#These assumed rates of returns are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of the policy is dependent on a number of factors including future investment performance.
Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance.
1For conditions refer to section on Guaranteed Additions in product brochure.
“Sum Assured on Maturity” means an absolute amount of benefit which is guaranteed to become payable on maturity of the policy
HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245. IRDAI Registration No. 101.
Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011.
Email: firstname.lastname@example.org, Tel. No: 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply. Do NOT prefix any country code. e.g. +91 or 00. Website: www.hdfclife.com
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited.
HDFC Life Sampoorn Samridhi Plus (UIN:101N102V05, Form No.: 501) is a Non-Linked, Participating, Life Insurance Plan. For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale.
Yes Bank is the Corporate Agent (IRDAI Reg. No. CA0125) of HDFC Life. Life Insurance policies are underwritten by HDFC Life. Purchase of life insurance policy is voluntary. ARN: BA/01/21/21886
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.
Public receiving such phone calls are requested to lodge a police complaint.
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