HDFC LIFE Super Income Plan
- As you approach different stages in life, there are dreams and aspirations that you set out for yourself and your family. But this does not set you free from the day to day responsibilities of managing house, paying for health expenses, school fees etc. To help you ensure that none of this is compromised for the other, we offer you a money back plan such that you can fulfill your dreams uninterrupted.
- Enjoy Regular income for a payout period of 8 to 15 years.
- Survival Benefits varying from 8.0% to 12.5% of the Sum Assured on Maturity payable each year during payout period.
- Boost your regular income at maturity with reversionary bonuses and terminal bonus1, if any.
- This plan is available with a Short Medical Questionnaire (SMQ) based underwriting
- You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1% of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years.
- The flexibility to choose the premium payment frequency i.e. monthly/quarterly/half-yearly/annual.
Policy Benefits :
- Limited premium paying term of 8, 10 or 12 years
- Guaranteed1 Income every year for a period of 8, 10, 12 or 15 years.
- Financial Protection against untimely demise, throughout the premium payment term as well as the payout period
- You can opt for hassle-free issuance on the basis of a Short Medical Questionnaire eliminating tedious medical tests
For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.
1The Income will be received in the payout period and it will start once the premium paying term is over provided the policy in force and the life assured is alive
Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.