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Product Information
Other Plans HDFC Life Smart Woman Plan
Synopsis:
A life insurance policy for women that gives wings to your aspirations. The plan ensures your savings grow leaving you free to pursue your career and continue making a difference to those around you.

Features:

  • Options to choose from 4 funds to suit your risk appetite:
  • Income Fund: Higher potential returns due to higher duration and credit exposure
  • Balanced Fund: Dynamic equity exposure to enhance the returns while the debt allocation reduces the volatility
  • Blue chip Fund: Investments in large cap equities
  • Opportunities Fund: Investments in mid-cap equities
  • You can select any of the 3 Benefit Options, each created to meet specific needs such as:
  • Pregnancy complications or birth of child with congenital disorder
  • Diagnosis of malignant cancer of female organs
  • Death of spouse (Only with Elite option)
  • Classic – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums.
  • Premier – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums.
  • Elite – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums along with coverage for death of spouse.
  • Flexibility to choose the sum assured
  • Convenience to choose policy tenure of 10/15 years

Benefits:

  • Uninterrupted savings with waiver and funding of premiums for next 3 years on the following events
  • Pregnancy complications or birth of child with congenital disorder
  • Diagnosis of malignant cancer of female organs
  • Death of spouse (Only with Elite option)
  • Additional periodic cash payouts under Premier and Elite options
  • Flexibility to make partial withdrawals to meet contingencies
  • Avail of hassle-free annual premium payment option
  • Tax benefits subject to provisions contained under sections 80C and 10(10D) of the Income Tax Act 1961
  • Paying premiums is convenient with access to multiple modes – credit card, internet banking, cheque, auto debit facility.
Eligibility:
Min-Max proposer entry age 18-none years
Min-Max entry ages for female life to be assured 18-45 years
Min-Max entry ages of spouse for elite option 21-50 years
Min-Max maturity age for female life to be assured 28-60 years
Min-Max age of risk cessation for spouse in elite option 31-60 years
Min-Max annual Premium Rs.24,000-Rs.1,00,000
Min-Max sum assured to
(age less than 45 years)
10x - 40x annualized premium
Min-Max sum assured to
(age equal to 45 years)
7x - 40x annualized premium
Min-Max Policy Term 10 or 15 years