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HDFC Life ProGrowth Plus Insurance Plan

HDFC Life ProGrowth Plus Insurance Plan - HDFC Life ProGrowth Plus, a simple savings-cum-insurance plan that will enable you to enjoy life cover and benefit from comfort of creating your own investment strategies. This ULIP plan will help you to make the most of equities by channelizing your savings effectively.

HDFC Life ProGrowth Plus Insurance Plan (Features):

You work hard to achieve your career goals so it’s only natural for you to demand that your money works hard to attain your financial milestones. This is easier said than done, especially since it’s not easy to grow money with challenges of finding the right savings and investment plan that can counter the eroding effects of inflation. Fortunately for you, there is unit-linked insurance plans (ULIPs) that make the most of equities by channelizing your savings effectively.

Presenting, HDFC Life ProGrowth Plus, a unit-linked savings-cum-insurance plan (ULIP) that grows your savings by investing in the stock market without compromising on the life cover.

  • Flexibility to choose from a range of funds:
    1. Income Fund
    2. Balanced Fund
    3. Blue Chip Fund
    4. Opportunities fund
  • Flexibility to choose sum assured
  • EMI available for HDFC Bank Credit Card holders. 

HDFC Life ProGrowth Plus Insurance Plan (Advantages):

  • Flexibility to choose from the following plan options:
    1. Life Option = Death Benefit
    2. Extra Life Option = Death Benefit + Accidental Death Benefit
  • Flexibility of planning your investment strategy based on your risk and return requirement
  • Flexibility to make partial withdrawals to meet unplanned expenses
  • Tax benefits under sections 80Cand 10(10D) of the Income Tax Act 1961 subject to provisions contained therein
  • Paying premiums is convenient with access to multiple modes – credit card, internet banking, cheque, auto debit facility

    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 Pro Growth Plus Insurance Plan (Eligibility):

Life Options

Min-Max entry age 14-65 years
Min-Max maturity age NA-75 years

Extra Life Options

Min-Max entry age 18-55 years
Min-Max maturity age NA-70 years

Age has to be taken as of "last birthday" basis

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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