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HDFC Super Income Plan is a comprehensive, non-linked savings plan. It provides a combination of regular income and insurance coverage under the same policy. It consists of nine different plan options, which allow you to choose premium payment and policy terms that suit your needs. The HDFC Super Income Plan offers many exclusive features, such as Regular income from the 2nd year onward, 3.4% to 12.5% additional survival benefit until the policy tenure , and more.
IIn short, this plan is suitable for individuals seeking a balance of regular income and life insurance protection to support their long-term financial goals and families in their absence.
HDFC Super Income Plan offers you a range of benefits including
Minimum Age - 30 Days Maximum Age - 59 years
Maximum Maturity Age - 75 years
15 to 27 years
NA
Monthly, Quarterly, Half-Yearly, Annual
18,547 to No Limit
Let's understand how the HDFC Super Income Plan works with a simple premium illustration.
Mr. Harsh is a 30 year-old, non-smoker looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the HDFC Super Income Plan. He visited PolicyX.com
Let's understand how the HDFC Super Income Plan works for him with a premium illustration table.
Age | Policy term | Premium Payment Term | Sum Assured | Total Benefit | Premium cost |
30 years | 15 years | 5 years | 10 Lacs | Rs. 26,04,200 | Rs. 2,56,420 (Annually) |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 13,88,880 are paid to the policyholder.
Here are some features of HDFC Super Income:
The plan offers a choice of 9 unit-linked fund options to match your risk tolerance and financial goals.
It offers a regular income for 8 to 15 years after completing the premium payment term.
It offers guaranteed survival benefits varying from 3.4% to 12.5% of the sum assured each year during the payout period.
It offers flexible premium payment and policy term options to meet the diverse needs of customers.
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There are various benefits to buying the HDFC Super Income Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the HDFC super income Plan:
Photo ID Proof (either of one) - Passport, Aadhaar 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 Super Income official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Hover on the ‘Life Insurance’ tab.
Choose the Investment plan you want to buy.
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.
Click on the option Investment Plans aligned on the top main header of the page.
Now click on the saving plans and scroll down the page.
Select the HDFC super income plan from the list.
Click on Buy Online, and fill in basic details such as Name and contact number.
You can buy the HDFC Life Insurance Super income Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
There are a total of 9 plan options available.
Your final maturity amount is calculated based on guaranteed and non-guaranteed returns, which are expected to have between (4-8)%.
30 days
There are two different payout periods available: monthly & yearly.
The loan facility is available under the HDFC super income policy.
15 years.
From the Second year onwards.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.
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February 5, 2023
Asia/Kolkata
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