Premium Guarantee Plan from HDFC Life Insurance
HDFC Life Premium Guarantee Plan is a variant of a pure term plan where the sum assured is paid to the nominee on death of the life insured and the premiums are returned to the life insured on maturity. Thus, if the life insured dies within the policy tenure, then death benefit is payable else maturity benefit is payable to the life insured if he survives the entire period. The premium paid by the policy holder would be returned in case the policy holder survives the term of the policy.
Compare Term Insurance Plans
Key Features of HDFC Premium Guarantee Plan
Benefits you get from HDFC Premium Guarantee Plan
Eligibility conditions and other restrictions in HDFC Premium Guarantee Plan
|
Minimum |
Maximum |
Sum Assured (in Rs.) |
3,00,000 |
No Limit |
Policy Term (in years) |
10 |
30 |
Premium Payment Term (in years) |
Equal to policy term |
Equal to policy term |
Entry Age of Policyholder |
18 |
55 |
Age at Maturity |
- |
65 |
Single premium |
NA |
NA |
Payment modes |
Yearly, Half-yearly and Quarterly |
Sample illustration of premium amount in HDFC Premium Guarantee Plan
The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 10 lakhs and Policy Term = 25 years
Additional Features and Benefits of HDFC Premium Guarantee Plan
Riders – No riders are available in this plan
What happens if?