HDFC Guaranteed Wealth Plus
  • Dual benefits
  • Guaranteed Income
  • Lump sum and Income variant
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HDFC Guaranteed Wealth Plus

‘A plan that helps you save for your future goals’.

The insurance market is filled with several insurance products, each having its benefits. If you are looking for a plan that offers financial protection to your family in your absence and guaranteed income benefits on survival, then you should consider ‘HDFC Life Guaranteed Wealth Plus’.

HDFC Life Guaranteed Wealth Plus is a non-participating, non-linked savings life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

This plan offers a range of benefits such as the return of premiums, survival benefits, guaranteed income benefits, guaranteed surrender value, policy loans, policy revival, etc. You can save a lump sum amount to fulfill your future goals using this plan. This plan also provides you with a grace period to avoid penalties in case you miss any premium payment. This plan comes in two variants: The lump sum variant and the Income variant.

HDFC Guaranteed Wealth Plus Plan offers you a range of benefits including:

why-choose
  • Guaranteed Income Benefits
  • Tax Benefits
  • Surrender Value
  • Policy loans
  • Policy revivals
  • Return of premiums

Eligibility Criteria for HDFC Guaranteed Wealth Plus

Your Occupation

Entry age

Minimum Age - 12 years Maximum Age - 60 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 103 years

Your Gender

Policy tenure

12 to 43 years

Maternity Benefit Rider

Premium payment term

Single Pay, Limited Pay: 5,6,7,8,10 and 12

Dr YSR Aarogyasri Trust

Premium payment frequency

Monthly, Half-yearly and Yearly

Maternity Benefit Rider

Sum assured

NA

How Does the HDFC Life Guaranteed Wealth Plus Plan Work?

Let's understand how the HDFC Life Guaranteed Wealth Plus Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Digvijay, a 30-year-old individual is looking for an investment plan to create long-term wealth for his child.

Solution

His financial advisor advised him to buy the HDFC Life Guaranteed Wealth Plus. He visited PolicyX.com

Let's understand how the HDFC Life Sanchay Plus Plus Plan works for him with a premium illustration table.

Age of policyholder Annual Premiums Policy tenure Sum Assured
30 years 2,50,000 15 years Rs 32.5 Lakhs

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 22,72,489 are paid to the policyholder.

Features of HDFC Guaranteed Wealth Plus

Here are some features of HDFC Guaranteed Wealth Plus:

HDFC Investment Plans

HDFC Super Income Plan is a comprehensive, non-linked savings plan. It provides a combination of regular income and insurance coverage under the same ...

Unique Features

  • Start earning from 2nd year
  • 9 plan options
  • 3.4% to 12.5% extra benefits

HDFC Super Income (Pros)

HDFC Super Income
  • Flexible premium payment
  • Guaranteed survival benefits
  • Regular income

HDFC Super Income (Cons)

HDFC Super Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

HDFC Super Income (Other Benefits)

HDFC Super Income
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

HDFC Super Income (Eligibility Criteria)

HDFC Super Income
  • Minimum entry age- 30 Days
  • Maximum entry age- 59 years
  • Minimum sum assured- Rs 18
  • 457 Maximum sum assured- No Limit
  • Maximum policy term- 27 years

‘A plan that offers you dual benefits- savings and whole life coverage.’ HDFC Sampoorn Samridhi Plus combines whole-life and savings plans...

Unique Features

  • Guaranteed additions
  • Lifetime coverage
  • Loan against policy

HDFC Sampoorn Samridhi Plus (Pros)

HDFC Sampoorn Samridhi Plus
  • Loan against policy
  • Accidental death benefits
  • Guaranteed bonuses

HDFC Sampoorn Samridhi Plus (Cons)

HDFC Sampoorn Samridhi Plus
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

HDFC Sampoorn Samridhi Plus (Other Benefits)

HDFC Sampoorn Samridhi Plus
  • Whole life cover
  • Death benefit
  • Maturity benefit

HDFC Sampoorn Samridhi Plus (Eligibility Criteria)

HDFC Sampoorn Samridhi Plus
  • Minimum entry age- 30 Days
  • Maximum entry age- 60 years
  • Minimum sum assured- NA
  • Maximum sum assured- NA
  • Maximum policy term- 40 years

Invest today for a worry-free tomorrow: HDFC Life Uday Savings Plan for a brighter future. HDFC Life Uday, from HDFC Investment Life Insurance, is a g...

Unique Features

  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits

HDFC Life Uday Plan (Pros)

HDFC Life Uday Plan
  • High Sum Assured Rebate
  • Auto Cover Continuance
  • Tax Benefits

HDFC Life Uday Plan (Cons)

HDFC Life Uday Plan
  • No pre-existing condition
  • Suicidal exclusion
  • War and criminal activity

HDFC Life Uday Plan (Other Benefits)

HDFC Life Uday Plan
  • Reversionary Bonus
  • Guaranteed Additions
  • Maturity Benefit

HDFC Life Uday Plan (Eligibility Criteria)

HDFC Life Uday Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 28
  • 465 Maximum sum assured- No Limit
  • Maximum policy term- 15 years

‘A plan that helps you save for your future goals’. The insurance market is filled with several insurance products, each having its benefi...

Unique Features

  • Dual benefits
  • Guaranteed Income
  • Lump sum and Income variant

HDFC Guaranteed Wealth Plus (Pros)

HDFC Guaranteed Wealth Plus
  • Dual benefits
  • Guaranteed Income
  • Tax Benefits

HDFC Guaranteed Wealth Plus (Cons)

HDFC Guaranteed Wealth Plus
  • No pre-existing condition
  • Suicidal exclusion
  • War and criminal activity

HDFC Guaranteed Wealth Plus (Other Benefits)

HDFC Guaranteed Wealth Plus
  • Rider benefits
  • Return of premiums
  • Maturity Benefit

HDFC Guaranteed Wealth Plus (Eligibility Criteria)

HDFC Guaranteed Wealth Plus
  • Minimum entry age- 12 years
  • Maximum entry age- 60 years
  • Minimum sum assured- NA Maximum sum assured- NA
  • Maximum policy term- 43 years

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular income payout for 16 to ...

Unique Features

  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit

HDFC Guaranteed Income Plan (Pros)

HDFC Guaranteed Income Plan
  • Limited premium payment
  • Maturity Benefit
  • Bonuses

HDFC Guaranteed Income Plan (Cons)

HDFC Guaranteed Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

HDFC Guaranteed Income Plan (Other Benefits)

HDFC Guaranteed Income Plan
  • Maturity Benefit
  • Death Benefit
  • Tax Benefit

HDFC Guaranteed Income Plan (Eligibility Criteria)

HDFC Guaranteed Income Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 65 years
  • Minimum sum assured- Depends on monthly premiums
  • Maximum sum assured - No Limit
  • Maximum policy term- 15 years

‘A combination of income and family protection plan’. HDFC Life My Assured Income Plan is a perfect blend of a guaranteed income plan and ...

Unique Features

  • Guaranteed income benefits
  • Terminal benefits
  • Life coverage

HDFC My Assured Income Plan (Pros)

HDFC My Assured Income Plan
  • Income Benefits
  • Surrender Value
  • Tax Benefits

HDFC My Assured Income Plan (Cons)

HDFC My Assured Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

HDFC My Assured Income Plan (Other Benefits)

HDFC My Assured Income Plan
  • Terminal Benefit
  • Rider Benefit
  • Life Coverage

HDFC My Assured Income Plan (Eligibility Criteria)

HDFC My Assured Income Plan
  • Minimum entry age- 2 years
  • Maximum entry age- 60 years
  • Minimum sum assured- NA
  • Maximum sum assured - NA
  • Maximum policy term- 16 years

It is important to achieve the personal milestones that you have planned for your future to maintain life. But these milestones usually come along wit...

Unique Features

  • Guaranteed Benefits
  • Death Benefits
  • Sample Premium Rates

HDFC Sanchay Plus (Pros)

HDFC Sanchay Plus
  • Options of Income Payout
  • Guaranteed Benefits
  • Flexibility

HDFC Sanchay Plus (Cons)

HDFC Sanchay Plus
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

HDFC Sanchay Plus (Other Benefits)

HDFC Sanchay Plus
  • Life-Long Income Option
  • Long Term Income Option
  • Optional Riders

HDFC Sanchay Plus (Eligibility Criteria)

HDFC Sanchay Plus
  • Minimum entry age- 5 years
  • Maximum entry age- 60 years
  • Minimum sum assured- 105% of premiums
  • Maximum sum assured- No limit
  • Maximum policy terrm- 25 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of HDFC Life Guaranteed Wealth Plus

There are various benefits to buying the HDFC Life Guaranteed Wealth Plus Plan. Let’s understand each of them in detail:

  • Death benefitIn case of a policyholder’s unfortunate demise, death benefits are paid to their nominee to protect their future financially. Death benefits are offered in both the variants- Lump sum and Income.
  • Survival benefits The survival benefits are offered with the Income variant of the HDFC Guaranteed Wealth Plus plan. The survival benefits are paid as income benefits which are payable in frequency chosen at the time of policy purchase. No survival benefits are paid with the Lump sum variant.
  • Return of premium benefitsThis benefit applies to income variant plans where all the premiums paid are returned under ROP benefits. The policyholder will receive all the base premiums back at the end of tenure.
  • Maturity benefitsIf the policyholder survives the policy tenure then they will be paid maturity benefits depending on the variant chosen by them.

Documents Required to Buy HDFC Life Guaranteed Wealth Plus

Here is the list of documents required to buy the HDFC Life Guaranteed Wealth Plus:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy HDFC Guaranteed Wealth Plus?

You can buy the HDFC Guaranteed Wealth Plus official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of HDFC Life Insurance.

  • Step 2

    Hover over the 'Investment Plans' from the top of the menu.

  • Step 3

    Click on the 'HDFC Life Guaranteed Wealth Plus'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the HDFC Life Guaranteed Wealth Plus offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of HDFC Life Guaranteed Wealth Plus

  • In case the policyholder commits suicide within 12 months of policy purchase then no death benefits are offered to their family members. Either 80% of the premiums paid to date or the surrender value acquired to date whichever is higher is paid.

Conclusion

HDFC Life Guaranteed Wealth Plus is a combination of term and savings plans as it offers death benefits to your loved ones in the event of your uncertain demise and maturity benefits if you survive the policy term. If you are still confused in deciding to choose the plan then you can contact us at PolicyX.com. One of our representatives will reach out to you shortly. We are an IRDA-approved insurance comparison portal that helps you compare various plans.

For more info related to this plan, you can visit PolicyX.com, or call us at 1800 - 420 - 0269. Our insurance experts listen to your unique needs and suggest the best possible solution for you.

HDFC Life Guaranteed Wealth Plus: FAQs

1. How many plan options are there in HDFC Life Guaranteed Wealth Plus?

There are two plan options available under HDFC Guaranteed Wealth Plus: Lump sum and Income benefit.

2. Can I get my premiums back with the HDFC Guaranteed Wealth Plus plan?

Yes, the Income option of the HDFC Life Guaranteed Wealth Plus plan offers you a return of premiums paid on maturity.

3. How to buy an HDFC Life Guaranteed Wealth Plus Plan?

You can buy an HDFC Life Guaranteed Wealth Plus Plan by visiting the official website of HDFC Life, by visiting their nearest branch, or by PolicyX.com.

4. What rider can I avail of with my HDFC Life Guaranteed Wealth Plus plan?

You can choose any of the following riders- Accident Disability Rider, Critical Illness Plus Rider, or Protect Plus Rider with this plan.

5. What is the minimum age to buy HDFC Life Guaranteed Wealth Plus?

The minimum age to buy an HDFC Guaranteed Wealth Plus plan is 12 years.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Himanshu Kumar

Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.