HDFC Life Personal Pension Plus

Invest now and get income for life after retirement

HDFC Life Personal Pension Plus

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All You Need To Know

About Plan

  • This participating traditional plan is ideal for those who seek benefit of bonuses.
  • Pay as much you need to. There is no limit on max premium you can invest.
  • Choose from range of investment horizon of 10 years to 40 years.
  • Assured benefit on death is 101% of all premiums (excluding taxes) paid till date. In addition accrued bonuses will also be paid. The minimum level of death benefit at all times will be 105% of the premiums paid.
  • Tax benefit u/s 80 CCC of the IT Act

A significant part of the policy benefits will not available as a lump sum but would need to be mandatorily taken as annuity.

Click here to download brochure.

Renew your HDFC Life Personal Pension Plus

In order to continue availing benefits from your previous policy, renew your HDFC Life Personal Pension Plus policy. You can renew your policy through MobileBanking and NetBanking. 

You just need to register once under BillPay
Click here to renew your HDFC Life Personal Pension Plus policy.

Commission for Life Insurance

Details of the Commission earned by the Bank as corporate agent from Life Insurance distribution business are as follows:

Category 

First Year Commission Rate 

2nd Year Renewal Commission Rate 

Single Premium Commission Rate 

  

Min 

Max 

Min 

Max 

Min 

Max 

Pension 

0.50% 

55.00% 

0.00% 

2.00% 

0.00% 

2.00% 

Protection 

2.00% 

55.00% 

0.00% 

10.00% 

0.00% 

7.50% 

Savings & Investment 

0.50% 

55.00% 

0.00% 

7.50% 

0.00% 

2.00% 

Health 

2.00% 

55.00% 

1.00% 

10.00% 

0.00% 

2.00% 

Group 

22.50% 

30% 


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

*For Group Products commission payable is with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time

Important Disclaimer

HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011 : - The policy holder may avail of benefits are as provided under the tax laws. The premium would be subject to Service tax & education cess as per applicable tax rates. Tax laws are subject to change basis the amendments made from time to time.

HDFC Standard Life Insurance Company Limited. In Partnership with Standard Life Insurance is the subject matter of the solicitation. For more details on risk factors, terms and conditions and exclusions please read the product brochure before conclusion of sale. HDFC Life ClassicAssure Plus Form No: P501-113 & UIN: 101N089V01 is a traditional insurance product offered by HDFC Life. This is a participating plan. The name of the company, name of the brand and the name of the product does not indicate the quality of the plan. HDFC Standard Life Insurance Co.Ltd. Reg.No.101

HDFC Bank Limited ( " HDFC Bank") is a corporate insurance agent of HDFC Standard Life Insurance Company Limited( " HDFC Life") under Corporate Agent's license no.933982 issued by Insurance Regulatory & Development Authority of India and does not underwrite the risk or acts as an insurer. The insurance is underwritten by HDFC Life. This policy is issued to you by HDFC Life and is subject to the terms and conditions governing such policy. The contract of insurance is between HDFC Life and the insured only , and not between HDFC Bank and the insured .HDFC Bank is acting merely as the corporate agent of HDFC Life and there is no direct or indirect linkage between the provisions of the banking services offered by HDFC Bank. Your participation in this product is purely on a voluntary basis. HDFC Bank is not responsible or liable for performance of any obligations under the contract of insurance