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Product Information
Saving And Investment Plans HDFC Life Super Income Plan
Synopsis:
HDFC Life Super Income Plan has been awarded as the 'Best Product Innovation' at the Indian Insurance Awards, 2014.

Features:

  • Enjoy Regular income for a payout period of 8 to 15 years.
  • Your Regular Income comprises of Guaranteed Base Income (GBI) payouts, varying from 8.0% to 12.5% of the Sum Assured on Maturity, payable every year.
  • At the end of policy term you get a Maturity payout , aggregate of accrued bonuses and the last guaranteed payout
  • Your Regular Income and Maturity Benefit will be Tax Free under Sec 10(10D) of Income Tax Act, 1961.
  • Get Tax Benefit on premiums paid under Sec 80C of Income Tax Act, 1961.
  • Choice of Plan options with various combinations of premium payment and policy term to meet your income goals.
  • The flexibility to choose the premium payment frequency i.e. monthly/quarterly/half-yearly/annual.

Benefits:

  • Limited premium paying term of 8, 10 or 12 years
  • Guaranteed 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
Eligibility:
Min- Max Entry Age (years) 2 years (for policy term of 16 years
30 days (for policy terms of 18 to 27 years)
59 (for policy term 16 years)
57 (for policy term 18 years)
55 (for policy term 20 years)
53 (for policy term 22 years)
51 (for policy term 24 years)
48 (for policy term 27 years)
Min- Max age at Maturity (years) 18 75