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Product Information
Saving And Investment Plans HDFC SL ProGrowth Flexi
Synopsis:
HDFC SL ProGrowth Flexi, a savings-cum-insurance unit-linked plan (ULIP) that enables you to provide financial security to your loved ones.

Features:

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  • Flexibility to choose one of two benefit options:
    1. Life Option = Death Benefit
    2. Extra Life Option = Death Benefit + Accidental Death Benefit
    3. Flexibility to Range of funds to choose from:
    4. Income Fund
    5. Balanced Fund
    6. Bluechip Fund
    7. Opportunities Fund
    8. Flexibility to choose any sum assured multiple from 10 to 40 of the annual premium

Benefits:

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  • The investment plan also provides invaluable protection to your family. In case of your unfortunate demise over the policy term, we will pay the greater of the Sum Assured or your total fund value to the nominee
  • On maturity, you can take the Fund Value at the prevailing unit prices as lump sum or you can opt for settlement option
  • Flexibility to move your accumulated funds from one fund option to another anytime or redirect future premiums into a different selection of funds
  • Tax benefits under sections 80C and 10(10D) of the Income Tax Act 1961 subject to provisions contained therein
  • Paying premiums is convenient with access to multiple modes – credit card, internet banking, cheque, auto debit facility
Eligibility:
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Life Options
Min-Max entry age 14-65 years
Maximum maturity age 75 years
Min-Max Policy term age 10-30 years
Extra Life Options
Min-Max entry age 18-55 years
Maximum maturity age 70 years
Min-Max Policy term age 10-30 years