Life Insurance
Children’s Plan
Protection Plan
Saving & Investment Plan
HDFC Term Assurance Plan
Why choose this product?
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Flexibility to choose the life cover to be paid to your family in case of your unfortunate demise
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Optional benefits based on your needs.
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Choice of taking the plan on a single life basis or a joint life (first claim) basis
What are the tax benefits I get with this product?
- Save tax each year
- The benefits you receive from this policy are completely tax-free*
- Get tax deduction on additional premium paid for Critical Illness benefit or Accelerated Sum Assured benefit
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What’s the product all about?
You always try to give all the happiness and security to your family not only in your presence but also in your absence. There can be no better way than the HDFC Term Assurance Plan, to secure the financial future of your family! With HDFC Life Term Assurance Plan, you can ensure that your family gets a life of dignity even in your absence. This plan gives you a high cover at a very nominal cost plus an option of adding optional benefits to cover other eventualities.
Features
- An ideal way to secure the financial future of your loved ones.
- High cover at a very nominal cost plus an option of adding optional benefits to cover other eventualities.
- Choice of premium payment options - regular premium or a single one-time premium.
- Choice of taking the plan on a single life basis or a joint life (first claim) basis.
Benefits
- In case of your unfortunate demise or Critical Illness* during the policy term, your nominee will receive the Sum Assured + any optional benefits due.
- Since this non-participating (without profits) plan is a pure insurance plan, no benefits are payable on survival of the insured life to the end of the term of the policy.
* Only if ASA optional benefit is chosen
This insurance product is underwritten by HDFC Standard Life. The details mentioned above are indicative of terms, conditions, warranties and exceptions contained in the insurance policy. Kindly contact our Relationship Manager at your nearest HDFC Bank Branch for more details. For more details on risks factors, terms and conditions please read sales brochure carefully before concluding a sale. HDFC Standard Life Insurance Company Limited. HDFC Term Assurance Plan. Form No. SN 06.UIN: 101N006V03. With Riders Accidental Death Benefit UIN 101B001V02, Critical Illness Benefit UIN 101B004V02 and Accelerated Sum Assured Benefit UIN 101B010V01.Insurance is the subject matter of solicitation. Registration No: 101.Certified Corporate Agent's License No. 933982.
Insurance is the subject matter of the solicitation.
What are the tax benefits of the HDFC Term Assurance Plan?
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