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The HDFC SAVINGS ASSURANCE PLAN is an ideal plan to help you save and invest money regularly and build up a long-term lump sum for your future needs. The premiums you pay are invested by HDFC Standard Life to give you good long-term returns in the form of bonuses.
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Features |
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The HDFC SAVINGS ASSURANCE PLAN gives you:
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Opportunity to save and invest regularly. |
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An ideal way to secure long-term financial goals. |
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Hassle free "no medical" policy with minimal documentation. |
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Very flexible optional benefits and payment options. |
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Tax benefits on premiums paid and on the lump sum you receive.
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Benefits |
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On death during the first year, a sum equal to 80% of premiums received is payable. On death after the first year and during the policy term, all premiums paid to date will be returned with compound interest calculated at 6% per annum, subject to a maximum of the sum assured plus reversionary bonuses declared to date. |
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At maturity , you
get basic Sum Assured plus bonuses declared. |
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The plan receives simple Reversionary Bonuses, which are usually added annually. At the end of the term an additional Terminal Bonus may be paid. |
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These insurance prosucts are underwritten by HDFC Standard
Life. The details mentioned above are indicative of the terms, conditions,warranties
and exceptions contained in the insurance policy. Please refer to the product
brochure and policy document for further details or else contact our Relationship
Manager at your nearest HDFC Bank Branch. HDFC Standard Life Insurance Company
Limited. HDFC Savings Assurance Plan. Form No. SN 16.UIN101N014V01.For more
details on the risks factors, terms & conditions please read the sales brochure
carefully before concluding a sale. Registration No: 101.Certified Corporate
Agent's License No. 933982.
Certain plans are available to NRIs only when they are visiting India, please
contact our branch or Relationship Manager for more details.
Insurance is the subject matter of the solicitation.
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