Saving And Investment Plans
HDFC Life ClassicAssure Plus
Synopsis:
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HDFC Life ClassicAssure Plus is an investment cum insurance plan that offers guaranteed benefit while letting your money grow. The plan is ideal for meeting long term financial goals as well as creating a financial cushion to secure your family’s future.
Features:
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- Provide invaluable protection to your family by way of lump sum payment in case of unfortunate demise during the policy term
- Enjoy a discount on basic premium for policies with sum assured of Rs. 10 lakhs or above
- Avail of a loan under this policy subject to conditions
- Enjoy Tax benefits subject to conditions contained under sections 80C and 10(10D) of Income Tax Act, 1961
- Flexibility to pay premiums annually/half-yearly/monthly/quarterly depending on your convenience
Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.
Eligibility:
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MIN-MAX ENTRY AGE : 3-60 yrs
MIN-MAX MATURITY AGE : 18-75 yrs
Policy Term (years): Min - Max 10 – 20
Maximum Maturity Age (years) : - 75
Minimum Sum Assured : - 49,447
Maximum Sum Assured :- No limit, subject to satisfactory underwriting
Premium:
Annual Premium : - Min 12,000 Max :- No Limit
Half-Yearly: - Min 6,000 Max: - No limit
Quarterly: - Min 3,000 Max: - No limit
Monthly: - Min 1000 Max: - No limit