HDFC Life Pension Plus Policy Details

HDFC Life  Pension Plus Policy is a traditional participating pension plan ideal for individuals who seek to plan for their retirement. Get secure and stable returns on your invested corpus for post retirement income.

Features :

  • Flexibility to choose your investment horizon from 10 – 40 years
  • Assured benefit equal to 101% of all regular premiums paid on death or at vesting
  • The plan can be taken only on a single life basis
  • The flexibility to choose the premium payment frequency i.e. quarterly/half-yearly/annual
  • EMI available for HDFC Bank Credit Card holders.

Advantages :

  • At vesting (on maturity), choose from a range of annuity options from us and get guaranteed income for life
  • Option to commute up to 1/3rd of the vesting benefit tax free
  • The minimum level of death benefit at all times is 105% of the premiums paid
  • Enjoy tax benefits on the premiums paid under Section 80CCC of the Income Tax Act 1961, subject to conditions

Eligibility  :

Min-Max entry age    18-65 years
Min-Max age at maturity (vesting)    55-75 years
Policy Term    10-40 years
All age mentioned above are age last birthday.

Source : http://www.hdfclife.com/retirement-and-pension-plans/personal-pension-plus

 

 



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