Know the available fund options in hdfc progrowth plus plan. Hdfc life progrowth plus premium is invested in capital market and. Hdfc life insurance company limited, 11 th floor lodha excelus, apollo mills compound, n. A unit linked non participating life insurance plan. Hdfc life sl progrowth super ii nri life insurance. Hdfc life progrowth plus appendix x policy document. How it works in this plan, premium needs to be paid till the end of the policy tenure. A letter from hdfc bank and hdfc life covering the keys features of the policy. Hdfc sl progrowth super ii plan life, car, health, travel. We have made every effort to design your policy document in a simple format.
I took this hdfc life progrowth plus with a premium amount of rs 24000 for 15 years with a lock in period of 5 years through agent without knowing entirely about this. This policy is the evidence of a contract between hdfc standard life insurance company limited we or the company and the policyholder you or policyholder as described in the policy schedule here under written, read in. In this plan you can choose your regular premium and the investmentfunds. Hdfc life pro growth plus plan thus, it is a nontraditional insurance plan without bonus facility. The age and term limits for hdfc sl progrowth super ii are as shown below. Once you have purchased a hdfc sl progrowth super ii policy, you will receive a login id and password so you can view your policy details. Hdfc life progrowth plus is a unit linked insurance plan ulip. Hdfc life progrowth plus is a regular premium unit linked insurance plan. Get the latest nav value, performance and returns of hdfc life progrowth plus opportunities fund.
Hdfc life pro growth plus plan hdfc life sl pro growth flexi plan hdfc life sl pro growth super 2 plan hdfc life sampoorn samridhi plus plan. It is an exceptionally good investment opportunity that provides you a choice of 4 funds that are selected. We are glad to inform you that your proposal has been accepted and the insurance policy has been issued. To generate long term capital appreciation along with current income from a combined portfolio of equity and debt market instruments. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the. For further details on surrender, it is advisable to refer to the formal policy brochure.
Li d ex lif type of plan unit l inked no n p a rti ci pting f einsu nce lan. Life insurance cover in ulips ulips provides life insurance cover between 5 to 25 times the annua. The hdfc life super income plan is one of the most popular life insurance product offered by hdfc. In ulips, the policyholder can decide how his her premium should be invested by the insurance company. Hdfc life progrowth plus is one such insurance plan that offers the insurers a.
Hdfc life progrowth plus plan things to know a lucrative business or job has its limitations. Hdfc sl progrowth super ii is a ulip plan providing investment option and life insurance coverage for complete protection and savings. For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. Get the latest nav, plans and policies offered by hdfc standard life insurance. The progrowth plus initiative by hdfc life is a premium unitlinked insurance plan ulip.
So, we need to pull up our socks before the scorching sun appears and prepare a shield. Additional features and benefits of hdfc life pro growth flexi plan. Your policy at a glance this is a document that will help you to understand the key features of this product and is not the policy document. We will then invest your regular premium, net of premium allocation charges in your chosen funds in the proportion you specify. Get the latest nav value, performance and returns of hdfc life progrowth plus blue chip fund. Hdfc life hdfc life insurance company is one of the leading private life insurance companies in india offering various insurance policies that best suits your need.
Hdfc life sl progrowth super ii nri life insurance policy in india. Hdfc standard life insurance india insurance ulip plans. You can download this hdfc progrowth plus pdf here to cancel the policy. Key features of hdfc life pro growth plus insurance plan. Life insurance coverage is available in this product. What is your take on the hdfc life progrowth plus plan. Hdfc life progrowth plus best ulip plan from hdfc policybazaar. So, it is necessary to balance the risk and return associated with the policy. Sample illustration of expected returns in hdfc life pro growth flexi plan the below illustration is for a healthy male nontobacco user of 30 years age opting for a premiumrs 1,00,000 and rs 2,00,000respectively and policy term 20 years. Our vision is to provide innovative and customercentric insurance plans that can help our customers secure their familys future as well as help them with other benefits such as.
Hdfc life progrowth plus plan a good option with life cover hdfc life progrowth plus is a unitlinked life insurance policy. For more details, please refer the policy brochure. Since the hdfc life progrowth plus has a 5year lockin period, you cannot claim any benefit until the policy completes the lockin period. Hdfc life progrowth plus gives you the highest net asset value for your investment. On maturity, the fund value is paid to the policyholder as maturity benefit. Once the freelook period is over, the procedure to cancel the hdfc life progrowth plus is not the same. It cannot guarantee a safe future in todays unpredictable world. This plan is a nontraditional life insurance plan which does not provide a bonus facility. Get the latest nav value, performance and returns of hdfc life progrowth plus balanced fund. Get the latest nav value, performance and returns of hdfc life click 2 invest diversified equity fund. Hdfc life progrowth plus is a unit linked insurance plan that provides you the dual benefit of. Hdfc life insurance company limited formerly hdfc standard life insurance company limited is one of the leading private life insurance companies in india offering various insurance policies that. It promises to be a valuable financial guard for your family when you are away from your family.
Get the latest nav value, performance and returns of hdfc life click 2 invest equity plus fund. In case of any discrepancy between this document and your policy document, the policy document will prevail over this document. In this plan you can choose your regular premium and the investment funds. We present hdfc life progrowth plus, a simple savingscuminsurance plan that will enable you to enjoy life cover and benefit from market linked returns. There are various options of combining the basic death benefit along with riders to increase protection. Is investing in hdfc life progrowth plus for 5 yrs for. Hi dany, hdfc life progrowth plus opportunities fund is a ulip. Hdfc life progrowth plus we are glad to inform you that your proposal has been accepted and the hdfc life progrowth plus policy policy has been issued. The nameletters hdfc in the namelogo of the company belongs to housing development finance corporation limited and is used by hdfc life under a licenceagreement for more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale. Hdfc bank life progrowth plus get your family insured. Please refer to the product brochure for term and age limits for other plan options. Since this is a ulip by hdfc, the premiums that you pay towards the policy are subject to risks in the capital markets. Hence, in progrowth plus plan, the investment risk is borne by the policyhold.
Rbi200910225 dated november 16, 2009, following are the details of the comparative commission earned by hdfc bank from insurance life, whose products are being. Please see below a brief on what these ulips unit linked insurance plan fund are. Policyholder of hdfc progrowth plus is allowed to surrender the policy after 5 completed years. Cancelling hdfc life progrowth plus after freelook period. Hdfc life progrowth plus isa regular premium unit linked insurance plan. Hdfc life progrowth plus appendix x policy document a unit linked non participating life insurance plan address for correspondence.
Flexible, marketlinked returns for your future at minimal cost. Hdfc life progrowth plusis aregular premium unit linkedinsurance plan. We will then investyour regular prem ium, net of premium allocation charges in your chosen funds in the proportion you specify. How is the performance of hdfc life progrowth plus.
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