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‘A plan that offers you dual benefits- savings and whole life coverage.’
HDFC Sampoorn Samridhi Plus combines whole-life and savings plans, offering you coverage for 100 years or a lump sum amount to meet your financial obligations. You can also change your premium payment frequency per the policy's terms and conditions. In case you miss any premium payment by chance you can also avail of a grace period of 30 days to pay the same. You can also avail of additional riders such as accidental disability riders or critical illness riders. This plan comes in two options: endowment plan and endowment with a whole life plan.
HDFC Life Sampoorn Samridhi 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.
HDFC Life Sampoorn Samridhi Plus Plan offers you a range of benefits including:
Minimum Age - 30 Days Maximum Age - 60 Years
Maximum Maturity Age - 75 years
15 to 40 years
5 years
Monthly, Quarterly, Half-yearly and Yearly
NA
Let's understand how the HDFC Life Sampoorn Samridhi Plus Plan works with a simple premium illustration.
Mr. Arjun Sharma is looking for an investment plan to create long-term wealth for his child.
His financial advisor advised him to buy the HDFC Life Sampoorn Samridhi Plus. He visited PolicyX.com
Let's understand how the HDFC Life Sampoorn Samridhi Plus Plus Plan works for him with a premium illustration table.
Age of policyholder | Annual Premiums | Policy tenure | Sum Assured |
30 years | Rs 6,33,075 | 15 years | Rs 50 Lakhs |
Here are some features of HDFC Sampoorn Samridhi Plus:
You have to pay Sampoorn Samridhi Plus premiums for a limited term while you can enjoy greater policy tenure. The premium payment term of this plan is (Policy tenure-5). If you opt for a policy tenure of 20 years then you have to make premium payments for 15 years.
In addition to the maturity amount, you can also avail of whole life cover which protects your loved ones financially even after you.
In case you miss your premium payments you are provided with a grace period to avoid any late payment charges or penalties.
This plan offers you a guaranteed surrender value in case you wish to surrender your Sampoorn Samridhi policy.
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There are various benefits to buying the HDFC Life Sanchay Plus Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the HDFC Life Sampoorna Samriddhi Plus:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the HDFC Sampoorn Samridhi Plus official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of HDFC Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'HDFC Life Sampoorn Samridhi Plus'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the HDFC Sampoorn Samridhi Plus Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
HDFC Sampoorn Samridhi Plus plan offers you dual advantages of a saving plan and a whole life plan as it helps you save a lump sum amount to meet financial obligations and provide financial protection to your loved ones. The above article provides you with the clarity of this plan. If you still have any queries or questions then you can contact us at PolicyX.com. One of our representatives will be happy to assist you in this regard.
/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.
Yes, you can avail of tax benefits under Section 80 C and Section 10 (10D) of The Income Tax Act, 1961.
The maximum age to buy Sampoorn Samridhi Plus is 60 years.
Yes, you can avail of a loan against your Sampoorn Samridhi Plus Plan if your age is above 18. The interest charge on this loan is 10.5% per annum.
The guaranteed additions increase your policy value by a certain percentage every year. The rate of increase for policy tenure of 15 to 19 years is 3%, 20 to 24 years is 4% and for policy tenure equal to or greater than 25 is 5%.
HDFC Sampoorn Samridhi Plus offers two types of bonuses- a revisionary bonus and a terminal bonus.
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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.
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February 5, 2023
Asia/Kolkata
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