HDFC MONEY BACK PLAN

HDFC MONEY BACK PLAN

This plan gives you a proportion of the basis sum assured as lump sum at regular 5-year interval within the policy term.

Features:

• Flexibility to plan your policy according to your long term and short term objectives by giving you the opportunity to choose the amount of savings and the term of the policy.

• The minimum term is of 10 years and maximum term is of 30 years for the basic policy as well as for the 4 additional optional benefits.

• At the time of maturity, you get the amount of basic sum assured at a 5 year regular interval within the policy term and at the time of maturity the amount which is due along with the additional bonuses of the policy.

• The minimum age limit and the maximum age limit differ from the basic policy term to the additional 4 optional benefits.

• You get a choice to add 4 additional optional benefits.

• This plan gives a reversionary bonus which is added to it annually. At the end of the term additional terminal bonus may be paid depending on the performance of the investment.

Benefits:

• 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.

• It also gives you the choice to add any one of the 4 additional benefits available.

• Tax benefits under sections 80C, 80D and 10(10D) of Income Tax Act, 1961.

• 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.