HDFC Endowment Plan

HDFC ENDOWMENT

This plan is designed to secure your family’s future by ensuring that your family gets a guaranteed lump sum on maturity or in case of your unfortunate death before the maturity of the policy term.

Features:

• You get an option to choose from 4 additional benefits.

• The minimum and the maximum age limit at the maturity stage differs from the basic policy to that of the 4 additional benefits.

• This plan receives an simple reversionary bonus which is added annually and the terminal bonus is paid depending on the performance of the investment.

• The minimum term for the basic policy to that of the 4 additional benefits is 10 years and maximum term is of 30 years.

• The sum assured and bonuses are paid at the maturity level.

• It gives you the flexibility to choose the amount of targeted savings and the policy term.

Advantages:

• It helps you to plan your policy according to your needs by adding any one of the four available options.

• Provides security to your family by paying them in lump sum in case of your unfortunate death during your policy period.

• It also provides tax benefits to you under section 80 C, 80 D and 10(10) D of the Income Tax Act, 1961.

• Helps you in securing your long term financial objectives and at the same time protecting your family’s financial needs in your absence.

• You can choose to pay your premium as either Monthly (through Standing Instructions or ECS facility), Half yearly or annually. You also have a range of convenient auto premium payment options.