Key Features

  • Added perks: The plan is a participating regular income plan, with guaranteed benefits plus bonuses.

  • Regular income: The payments start immediately after the Premium Payment Term (PPT) for a period of 8 to 15 years, as opted for.

  • Assured income: X percentage of the sum assured is guaranteed as base income every year during the payout period.

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

 

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To Buy HDFC Life Super Income Plan

Benefits

  • Assured income: The guaranteed base income, which is paid every year, varies in the range of 8-12.5 per cent of the sum assured.

  • Flexibility: The guaranteed base income, which is paid every year, varies in the range of 8-12.5 per cent of the sum assured.

  • Bonuses: Boost your regular income at maturity, with reversionary and terminal bonuses, if any.

  • Death benefit: In the event of demise, one of the three, whichever is higher is payable : (1) The maturity benefit, (2) 10 times of the annual premium amount and (3) 7 times the annual premium.

 

 

FAQs

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What is Limited pay term available under the plan?

With HDFC Life Super Income Plan pay premiums for 8 , 10 or 12 years and enjoy regular income for 8, 10, 12 & 15 years payout period.

What is Guaranteed Base Income under the plan?
Guaranteed Base Income is expressed as percentage of the Sum Assured on Maturity. This guaranteed amount is known to you at the inception and payable at the end of each year during the payout period as per your chosen plan option. The percentages are as follows: Option Guaranteed Base Income a...
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Is there any option available for Monthly Payout?

Yes the plan provides the option to the policyholder to receive the future payouts monthly instead of yearly. In such cases, the monthly payout shall be 8% of the annual payout.

What is the Death-Benefit Under this Plan ?
On death of the life assured during the term of the policy, provided all due premiums are paid; we would pay to the nominee the higher of the following: Sum Assured on Death + Accrued Reversionary Bonuses + Interim Bonus (if any) + Terminal Bonus (if any) 105% of premiums# paid till date Where, the...
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