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HDFC Single Premium Whole of Life Insurance Plan

Why choose this product?

What is the min & max age & sum assured requirements?

  • The minimum age at entry is 18 years and maximum age at entry is 70 years.
  • The minimum sum assured is Rs-25000 and maximum sum assured is Rs.50,00,000.

Contact Us

Nearest Branch

Nearest Branch

Contact Number
Ahmedabad
6160 6161

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What’s the product all about?

What's the product all about?

HDFC Single Premium Whole of Life Insurance Plan lets you ensure that you maintain a better standard of living in the future. The Single Premium Whole of Life Insurance Plan aims at providing long-term growth for your money. This participating 'With Profits' insurance plan helps you maintain your family's financial independence.

Features

Features

The HDFC Single Premium Whole of Life Insurance Plan has the following features:

Features

Benefits

The HDFC Single Premium Whole Of Life Insurance Plan is a 'With Profits' plan that benefits you in the following ways:

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 Single Premium Whole of Life Plan. Form No. SN 04. UIN 101N004V01.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.

What are the tax benefits of HDFC Single Premium Whole of Life Insurance Plan?

What are the tax benefits of the HDFC Single Premium Whole of Life Insurance Plan?

This is a single premium plan and is subject to appropriate Tax treatment as per prevailing tax laws. Currently Section 80C benefit is available for the premium paid under the plan to the extent of 20% of the sum assured. In the event of a death claim the money paid is exempt as per section 10(10D), of the Income Tax Act 1961. We would recommend you to consult your tax consultant for further clarifications.

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 Single Premium Whole of Life Plan. Form No. SN 04. UIN 101N004V01.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.

Mandatory Disclosure for distribution of Life Insurance products

Commission for Life Insurance

As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:

Commission, Brokerage and trail from Life Insurance

City CategoryFirst Year
Commission		2nd Year Renewal
Commission
MinMaxMinMax
Health 25% 25% 2.50% 5%
Pension 2% 7.50% 0% 2%
Traditional 2% 35% 0% 7%
Unit Linked Plan 1% 22% 0% 7.5%

Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term

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