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HDFC Sampoorn Samridhi Plus

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HDFC Sampoorn Samridhi Plus

HDFC Life Sampoorn Samridhi Plus is an endowment plan where premium needs to pay for a limited period. Policyholder has a choice to opt for Endowment or Endowment with Whole Life Option (till age 100 years). The plan offers lumpsum payment at the end of policy term and life cover throughout the policy.


Key Features of HDFC Sampoorn Samridhi Plus

  • Guaranteed Additions up to 5% p.a. of “Sum Assured on Maturity” for first 5 years
  • Limited premium payment term equal to policy term less 5 years
  • Additional bonuses
  • Option to extend Insurance coverage up to 100 years of age
  • Additional benefit paid in case of death due to an accident
  • Tax Benefit under Section 80C and Section 10(10D) of Income Tax Act, 1961

Benefits you get from HDFC Sampoorn Samridhi Plus    

Maturity Benefit – At the end of the term, policy holder will get the below benefits:
  • Sum Assured on Maturity
  • Accrued Guaranteed Additions
  • Accrued Reversionary bonuses
  • Interim bonus (if any)
  • Terminal bonus (if any)
Death Benefit - If the Life insured dies within the Policy Tenure, the beneficiary will get higher of the below benefit:
  • Sum Assured on Death + Accrued Guaranteed Additions + Accrued Reversionary Bonuses + Interim bonus (if any) + Terminal bonus (if any) and
  • 105% of premiums paid till date
Where Sum Assured on Death, shall be the higher of:
- Sum Assured on Maturity, which is the absolute amount of benefit guaranteed to be payable on maturity of the policy in accordance with the terms and conditions of the policy.
- An absolute amount assured to be paid on death, which in this case is equal to the Sum Assured on Maturity.
- 10 times Annualized Premium for entry age up to 50 years and 7 times Annualized Premium for entry age greater than 50 years

Accidental Death Benefit – If death occurs due to accident, then accidental sum assured will be paid to the beneficiary.

Guaranteed Additions – additional boosters, starts accumulating during the first 5 years of the policy. Policy Term wise Guaranteed Additions, illustrated below:

Policy Term

Guaranteed Additions (% of Sum Assured on Maturity)

15 years to 19 years

3 % per annum

20 years to 24 years

4 % per annum

>=25 years

5 % per annum

Bonuses – Policy holder/beneficiary can also get bonuses as below:
  • Reversionary Bonus – it’s an optional benefit, this will be paid on maturity or death. 
  • Terminal Bonus – it’s over and above company’s surplus and lump sum amount will be paid at the end of the policy term. 
High Sum Assured Rebate – Discount on premium, if you select the below sum assured:

Sum Assured on Maturity (in Rs.)

Discount on premium rate (per 1000 Sum Assured on Maturity)

150,000 to less than Rs 300,000


300,000 to less than Rs 500,000


500,000 or more


Policy Loan – Yes, provided the policy has acquired a surrender value

Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C and the Maturity Benefit is tax fee under section 10(10)D subject to fulfilment of terms and conditions.


Eligibility conditions & other restrictions HDFC Sampoorn Samridhi Plus




Entry Age (in years)



Maturity Age (in years)



Premium (in Rs.)

Yearly: 12000

Half Yearly: 6000

Quarterly: 3000

Monthly: 1000

No Limit, subject to underwriting

Sum Assured

Rs. 65,643


Policy Term (in years)



Premium Payment Term (in years)



Guaranteed Addition

3% for policy term equal to 15-19 years

4% for policy term equal to 20-24 years

5% for policy term equal to 25 years or more


What happens if?

You stop paying the premium – If the premium is not paid within the grace period (a period of 30 days after the premium due date), the policy will lapse if the policy has not acquired a guaranteed surrender value. 

You want to surrender the policy – If premiums for 2 years have been paid up, then surrender of policy is allowed. There is a minimum Guaranteed Surrender Value available with this plan. 

Guaranteed Surrender Value Factors: Guaranteed Surrender Value (GSV) Factors as percentage of premiums paid.

Policy Year

GSV Factors (% of cumulative premiums)

Age at entry <=50

Age at entry >= 51



















20 & above



You want a loan against your policy – Yes, loan facility available under this plan.


Terms and Conditions

Free look period: If the policy holder is not convinced with the Terms and Conditions, he can cancel the policy within 15 days of the date of premium receipt.

Exclusions: In case of death due to suicide, within 12 months:
- From the inception date, the nominee will get 80% of the premiums paid, provided the policy is in-force.
- From the date of revival, the nominee will get higher of 80% of the premiums paid till the date of death or the surrender value as of date of death.

Accidental Death Benefit Exclusions
  • Intentionally self‐inflicted injury or suicide, 
  • Alcohol or solvent abuse, or the taking of drugs 
  • Hazardous hobby 
  • War, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion 
  • Flying activity, other than as a passenger in a commercially licensed aircraft 
  • Taking part in any act of a criminal nature with criminal intent
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