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HDFC SL ProGrowth Maximiser Insurance Plan

HDFC SL ProGrowth Maximiser Insurance Plan - This plan strives to maximize your returns for ensuring the best for your loved ones. This plan is a single premium unit linked plan with insurance coverage that helps you build wealth in short horizon.

HDFC SL ProGrowth Maximiser Insurance Plan (Features):

You know there are no guarantees in life, but when it comes to your loved ones you don´t want to take any chances. You need an assurance that if something happens to you, your loved one´s happiness and dreams are not hampered. This is not very difficult when you consider that there are investment plans that channelize your savings so that you can meet your financial goals.

Presenting, HDFC SL ProGrowth Maximiser, a single premium unit-linked insurance plan (ULIP) that builds wealth in short horizon and also provides insurance cover.

  • Free Asset Allocation: Flexibility to invest among 4 fund options available, create your own investment strategy by switching or redirecting future premiums.
  • On unfortunate death of the life assured, greater of the fund value or Sum Assured (less withdrawals) or the minimum death benefit (105% of the total premiums paid till date) will be payable to the nominee.
  • On maturity, you will receive the fund value
  • Plan can be availed by filling short medical questionnaire, which may not require you to go for medicals.

  • For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

HDFC SL ProGrowth Maximiser Insurance Plan (Advantages):

  • Get benefit of investing in a shorter horizon. Single Premium Plan with cover of 10 years
  • The Free Asset Allocation option enables you to invest among 4 fund options available. You can plan your own investment strategy by switching between the funds as desired.
  • Flexibility to invest additional single premium top-ups as per your convenience.
  • Paying premiums is convenient with access to multiple modes – credit card, internet banking, cheque, auto debit facility
  • Tax benefits under sections 80Cand 10(10D) of the Income Tax Act 1961 

    For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

HDFC SL ProGrowth Maximiser Insurance Plan (Eligibility):

Policy Term 10 years
Premium Paying Term Single Premium
Min-Max entry age 14-65 years
Maximum Maturity age 75 years

HDFC Life Insurance Savings and Investment Plans and Policy

Disclaimers:

Starting premiums for this plan are Rs. 24000 per year and the plan is available only on an annual mode

HDFC Life Smart Woman Plan (Form No: P501, UIN: 101L082V02). This is a unit linked non participatory product. For more details on risk factors, terms and conditions and exclusions please read the product brochure or consult financial consultant before conclusion of sale. Unit linked insurance plans are different from traditional plans and are subject to different market risks. The investment risk in the portfolio is borne by the policyholder. (hdfclife.com)