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You are here: Personal Banking > Investments & Insurance > HDFC Unit Linked Endowment Suvidha Plus         

Unit Linked Endowment Suvidha Plus
Overview
Tax Benefits
HDFC Unit Linked Endowment Suvidha Plus
In this policy, the investment risk in investments portfolio is borne by the policyholder.

The HDFC UNIT LINKED ENDOWMENT SUVIDHA PLUS is a long-term savings vehicle with a life cover. It will ensure that your family remains financially independent even if you are not around.

Use HDFC Standard Life's excellent investment options to maximise your savings and secure your and your family's future.

Features
The HDFC UNIT LINKED ENDOWMENT SUVIDHA PLUS gives you:

An outstanding investment opportunity by providing a choice of thoroughly researched and selected investments.
Regular Loyalty Units to boost your fund value every year.
Valuable protection to your family in case you are not around.
Flexible premium payment options.
Access to your accumulated fund before maturity.
Complete Suvidha with no need to go for medical tests. Only 'Declaration of Health' statement to be filled!

You can choose your premium and the investment fund or funds. HDFC Standard Life will then, invest your premium, net of premium allocation charges, in your chosen funds in the proportion you specify.
Benefits
The HDFC UNIT LINKED ENDOWMENT SUVIDHA PLUS benefits you in the following ways:

In the event of policyholder's unfortunate demise before the end of the policy term, this plan will pay the greater of the Sum Assured (less any withdrawals made during the two-year period immediately preceding the intimation of death) and the total fund value to policyholder's family. The policy will terminate thereafter.
On the chosen maturity date, the policyholder will get the fund value and the policy terminates. However, you also have the option to take your fund in periodical installments over the period, which may extend up to 5 years. This is called "Settlement Option". At the end of this 5-year period, you will be redeemed the balance units at then prevailing unit price. Your policy will terminate the moment the balance of your units in all the funds reaches zero.


The name of the company 'HDFC Standard Life Insurance Co. Ltd.' & plan 'HDFC Unit Linked Endowment Suvidha Plus Form no. P501-30/A UIN 101L028V01' do not, in any way, indicate the quality of the plan, its future prospects or returns. All Unit Linked Life Insurance Plans are different from traditional insurance plans & are subject to different risk factors. In HDFC Unit Linked Endowment Plus the investment risk in your chosen investment portfolio is borne by you. Please acquaint yourself with the associated risks and the applicable charges from our Relationship Manager/Product Brochure/Policy Document of the insurer.This product is underwritten by HDFC Standard Life. 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.


Insurance is the subject matter of the solicitation.


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