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HDFC Life Classic Assure Plus Insurance Plan

HDFC Life ClassicAssure Plus Insurance Plan - HDFC Life ClassicAssure Plus is an investment cum insurance plan that offers guaranteed benefit while letting your money grow. The plan is ideal for meeting long term financial goals as well as creating a financial cushion to secure your family’s future.

HDFC Life ClassicAssure Plus Insurance Plan (Features):

  • Limited premium payment terms of 7 and 10 years
  • Insurance coverage throughout the policy term
  • Guaranteed reversionary bonus during the premium paying term
  • Option to go for a Short Medical Questionnaire eliminating tedious medical tests
  • The plan can be taken only on a single life basis
  • EMI available for HDFC Bank Credit Card holders.
  • Get additional protection by opting for HDFC Life Critical Illness Plus Rider that provides Rider Sum Assured in case diagnosed with any of the 19 Critical Illnesses.

HDFC Life ClassicAssure Plus Insurance Plan (Advantages):

  • Provide invaluable protection to your family by way of lump sum payment in case of unfortunate demise during the policy term
  • Enjoy a discount on basic premium for policies with sum assured of Rs. 10 lakhs or above
  • Avail of a loan under this policy subject to conditions
  • Enjoy Tax benefits subject to conditions contained under sections 80C and 10(10D) of Income Tax Act, 1961
  • Flexibility to pay premiums annually/half-yearly/monthly/quarterly depending on your convenience 

HDFC Life ClassicAssure Plus Insurance Plan (Eligibility):

For a 10 year policy term

Min-Max entry age 8-55 years
Min-Max age at Maturity 18-65 years

For a 15 year policy term

Min-Max entry age 3-60 years
Min-Max age at Maturity 18-75 years

For a 20 year policy term

Min-Max entry age 30 days-55 years
Min-Max age at Maturity 18-75 years

All age mentioned above are age last birthday.

For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

HDFC Life Insurance Savings and Investment Plans and Policy

Disclaimers:

Starting premiums for this plan are Rs. 24000 per year and the plan is available only on an annual mode

HDFC Life Smart Woman Plan (Form No: P501, UIN: 101L082V02). This is a unit linked non participatory product. For more details on risk factors, terms and conditions and exclusions please read the product brochure or consult financial consultant before conclusion of sale. Unit linked insurance plans are different from traditional plans and are subject to different market risks. The investment risk in the portfolio is borne by the policyholder. (hdfclife.com)

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