HDFC Life Pro Growth Plus

HDFC Life Pro Growth Plus is a Unit Linked Insurance Plan (ULIP) that boosts your savings by investing in the stock market, without compromising on the life cover.

Investing in a ULIP is one of the better options to build wealth and also enjoy a life insurance cover. While you enjoy protection, you also have a chance for wealth creation, as historically, equity as an asset class has given the highest returns in the long term.

Key Features

  • High returns: There is a possibility of higher returns,  as the plan is linked to market returns.

  • Simple calculations: The returns on the policy are directly linked to the market, with no bonuses.

  • Tax sops: The policy is eligible for tax rebate under sections 80C and 10(10D) of the Income Tax Act 1961

 

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Benefits

  • Twin maturity benefits: You get the option to choose between the normal death benefit and death benefit + accidental death benefit.

  • Partial withdrawal allowed: The policy permits partial withdrawal of funds in order to meet unplanned or unforeseen expenses, after the initial five years are over.

  • Flexibility: You get the option to switch between funds during the policy term as per your risk preference.

 

 

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