Secure your happiness.

Key Features:

  • HDFC SL Crest enables you to achieve your investment goals with financial protection for your family
  • The plan can be taken without any medicals, provided you fulfill the Short Medical Questionnaire eligibility
  • Tax benefit under section 80C & 10(10D)

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  • Invest for a limited term of 5 years & enjoy cover for 10 years
  • Provide financial protection to your loved ones
  • Enjoy the option to invest in 4 funds offering varying risk/return profiles

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Contact Number
6160 6161

Features and Benefits of HDFC SL Crest

HDFC SL Crest provides valuable financial protection to your family when needed the most, so that when you reap the returns, they are on crests not on lows. HDFC SL Crest, a savings-cum-insurance unit-linked plan (ULIP) with limited premium paying term.

  • Sum Assured:
    Minimum sum assured for the product:
    For age at entry below 45 years is 10 x annual premium
    For age at entry of 45 years and above is 7 x annual premium, Maximum sum assured for the product is 20 x annual premium.
    A minimum installment premium is Rs 50,000 and only annual mode is allowed under the product.
  • Entry Age and Policy Term:
    The minimum age at entry is 14 years and maximum age at entry is 55 years. The maximum maturity age is 65 years. The policy term available is 10 years and the premium paying term is 5 years
  • No Medicals:
    You can take this plan without any medicals if you fulfill the short questionnaire eligibility. Consult your Relationship Manager for details.
    • Choice of Fund: The plan provides an option to invest in 4 funds offering varying risk/return profiles.
  • Benefit on Death:
    Before the attainment of 60 years of age, we will pay greater of the following
    • Sum assured (less all withdrawals made during the two year period immediately preceding the date of death)
    • The total fund value
    On or after the attainment of age 60 years, we will pay the greater of the following
    • Sum assured (less all withdrawals made after attainment of age 58)
    • The total fund value
      Minimum Death Benefit would be at least 105% of the annual premiums paid The policy will terminate thereafter and no more benefit will be payable.
  • Benefit on Maturity: Fund value, on the prevailing, on the date of maturity will be paid to the policyholder.
  • Do you want to change your Investment Fund Choices at any point? Here are your options.
    • Switching: You can move your accumulated funds from one fund to another
    • Premium Redirection: You can pay your future premiums with a different selection of funds, as per your requirement.

What are the tax benefits of the HDFC SL Crest?

Here are the tax benefits offered under this plan:

  • Tax benefits under the policy are subject to prevailing tax laws (Section 80C and Section 10 (10D)) of the Income Tax Act, 1961.
  • Please note that the above mentioned benefits are as per the current tax laws. Your tax benefits may change if the tax laws are changed. It is advisable to re-confirm the same with your tax consultant.

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

CategoryFirst Year Commission2nd year Renewal commission
Health 2% 25% 0% 7.50%
Pension 2% 7.50% 0% 2%
Protection 2% 35% 0% 0%
Savings & Investment 0% 35% 0% 3%
Group Product* 2% 2% 0% 0%

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 2% of the premium 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 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 SL Crest (form no.P 501 UIN 101L064V02) is a unit Linked insurance product offered by HDFC Life. This is a non participating unit linked Plan. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. In this policy the investment risk in investment portfolio is borne by the policyholder. All Unit Linked Insurance Plans are different from the traditional insurance plans and are subject to different risk factors. HDFC Standard Life Insurance Company Limited is the name of our Insurance company and HDFC SL Crest (UIN 101L064V02) is the name of the plan. The name of our company and the name of our plan do not, in anyway, indicate the quality of the plan, its future prospects or returns. 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

Already have HDFC SL Crest?

Get started with your HDFC SL Crest policy

  • A Welcome Letter: A letter confirming the approval of your HDFC SL Crest policy from HDFC Life
  • A Welcome SMS: An SMS welcoming you as an HDFC SL Crest customer.
  • A Policy Document: A letter from HDFC Bank and HDFC Life covering the keys features of the policy.

Once you have purchased a HDFC SL Crest Policy, you will receive a Login ID and password so you can view your policy details.

Renew your HDFC SL Crest policy

In order to continue availing benefits from your previous policy, renew your HDFC SL Crest policy. You can renew your policy through MobileBanking and NetBanking.

You just need to register once under BillPay.

Click here to renew your HDFC SL Crest policy.

Did you know?

You can also benefit from:

  • A Children's Plan that lets you secure your children's dreams by financing the key milestones in their lives.
  • A Protection Plan that enables you to secure your family's financial independence.
  • A Retirement Plan that gives you financial independence to live without compromising your standard of living even after you retire.
  • A Health Plan that gives you the financial security to meet health related contingencies.

What can you do online?

  • View your HDFC SL Crest policy details
  • Renew your HDFC SL Crest policy

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