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HDFC SL ProGrowth Flexi Insurance Plan

HDFC SL ProGrowth Flexi Insurance Plan - It's prudent to be prepared all the time so that you can meet your life’s goals in a manner that secures your finances. HDFC SL ProGrowth Flexi, a savings-cum-insurance unit-linked plan (ULIP) that enables you to provide financial security to your loved ones.

HDFC SL ProGrowth Flexi Insurance Plan (Features):

  • Flexibility to choose one of two benefit options:
    1. Life Option = Death Benefit
    2. Extra Life Option = Death Benefit + Accidental Death Benefit
  • Flexibility to Range of funds to choose from:
    1. Income Fund
    2. Balanced Fund
    3. Bluechip Fund
    4. Opportunities Fund
  • Flexibility to choose any sum assured multiple from 10 to 40 of the annual premium.

HDFC SL ProGrowth Flexi Insurance Plan (Advantages):

  • The investment plan also provides invaluable protection to your family. In case of your unfortunate demise over the policy term, we will pay the greater of the Sum Assured or your total fund value to the nominee
  • On maturity, you can take the Fund Value at the prevailing unit prices as lump sum or you can opt for settlement option
  • Flexibility to move your accumulated funds from one fund option to another anytime or redirect future premiums into a different selection of funds
  • Tax benefits under sections 80C and 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 SL ProGrowth Flexi Insurance Plan (Eligibility):

Life Options

Min-Max entry age 14-65 years
Maximum maturity age 75 years
Min-Max Policy term age 10-30 years

Extra Life Options

Min-Max entry age 18-55 years
Maximum maturity age 70 years
Min-Max Policy term age 10-30 years

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

Policy term of 11 years to 14 years is not offered.

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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HDFC Life ClassicAssure Plus
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HDFC SL ProGrowth Flexi
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Women's Policy and Plans
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HDFC Life Pension Super Plus
HDFC SL Youngstar Super Premium