HDFC Life Smart Woman Insurance Plan
HDFC Life Smart Woman Insurance Plan - HDFC Life Smart Woman Plan, a life insurance policy for women that gives wings to your aspirations. The plan ensures your savings grow leaving you free to pursue your career and continue making a difference to those around you.
HDFC Life Smart Woman Insurance Plan (Features):
You always wanted to make a difference in the lives of your loved ones. This is what gives true happiness. In your own way, you did what it took to keep them happy with their satisfaction always being a priority for you.
Now that you are independent and have complete charge of your finances, some amount of planning can go a long way in fulfilling dreams for yourselves and your loved ones.
Presenting, HDFC Life Smart Woman Plan, a life insurance policy for women that give wings to your aspirations. The plan ensures your savings grow leaving you free to pursue your career and continue making a difference to those around you. It also provided options which cater to specific life events of women with respect to their health, career and marriage.
- Options to choose from 4 funds to suit your risk appetite:
- Income Fund: Higher potential returns due to higher duration and credit exposure
- Balanced Fund: Dynamic equity exposure to enhance the returns while the debt allocation reduces the volatility
- Blue chip Fund: Investments in large cap equities
- Opportunities Fund: Investments in mid-cap equities
- You can select any of the 3 Benefit Options, each created to meet specific needs such as:
- Pregnancy complications or birth of child with congenital disorder
- Diagnosis of malignant cancer of female organs
- Death of spouse (Only with Elite option)
- Classic – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums.
- Premier – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums.
- Elite – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums along with coverage for death of spouse.
- Flexibility to choose the sum assured
- Convenience to choose policy tenure of 10/15 years
HDFC Life Smart Woman Insurance Plan (Advantages):
-
Uninterrupted savings with waiver and funding of premiums for next 3 years on the following events
- Pregnancy complications or birth of child with congenital disorder
- Diagnosis of malignant cancer of female organs
- Death of spouse (Only with Elite option)
-
Additional periodic cash payouts under Premier and Elite options
-
Flexibility to make partial withdrawals to meet contingencies
-
Avail of hassle-free annual premium payment option
-
Tax benefits subject to provisions contained under sections 80C and 10(10D) of the Income Tax Act 1961
-
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 Smart Woman Insurance Plan (Eligibility):
| Min-Max proposer entry age | 18-none years |
| Min-Max entry ages for female life to be assured | 18-45 years |
| Min-Max entry ages of spouse for elite option | 21-50 years |
| Min-Max maturity age for female life to be assured | 28-60 years |
| Min-Max age of risk cessation for spouse in elite option | 31-60 years |
| Min-Max annual Premium | Rs.24,000-Rs.1,00,000 |
| Min-Max sum assured to (age less than 45 years) |
10x - 40x annualized premium |
| Min-Max sum assured to (age equal to 45 years) |
7x - 40x annualized premium |
| Min-Max Policy Term | 10 or 15 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 Women’s 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)
| Protection Policy and Plans |
|---|
| HDFC Life CSC Suraksha |
| HDFC Life Click2Protect Plus |
| Children's Policy and Plans |
|---|
| HDFC SL YoungStar Super Premium |
| HDFC Life YoungStar Udaan |
| Protection Plans Premium Calculators |
|---|
| HDFC Life CSC Suraksha |
| HDFC Life Click2Protect Plus |
| Women's Policy and Plans |
|---|
| HDFC Life Smart Woman Plan |
| HDFC Life YoungStar Udaan |
| HDFC Life Pension Super Plus |
| HDFC SL Youngstar Super Premium |