To fulfil your dreams for your family and yourself, you need to start saving today. And you not only need to save enough but also need the assurance that your family’s future is secure. Get the convenience of HDFC Assurance Plan. HDFC Assurance Plan helps you conveniently build your long-term savings while keeping your family’s future protected.
This plan offers you the following features
Convenient ‘no medical examination ‘ procedure
Insurance cover up to Rs. 5 Lakh with limited documentation
You can choose to save monthly, quarterly, half yearly or yearly as per your convenience
The annual amount you pay is eligible for tax relief under Sec. 80 C
The maturity amount is completely tax-free under Section 10(10 D)
What is HDFC Assurance Plan?
This plan is a ‘with profits’ savings policy, which offers the following features
The policy receives simple reversionary bonuses, which are usually added annually.
At maturity, the policy pays out the basic Sum Assured plus reversionary bonuses declared during the policy term. Interim or terminal bonus are also be payable if declared.
The policy can be surrendered for cash value before maturity
Provides financial support to your family by way of a lumpsum payment in case of your unfortunate death within the term of the policy. The lumpsum is the basic sum assured plus any bonus additions
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