Launch Date: 04th Mar’22, Contest Duration: 01st Mar’22 to 31st Mar’22 and conversion till financial year

Applicable to all FCs of Agency Channel

Launch Date: 04th Mar’22, Contest Duration: 01st Mar’22 to 31st Mar’22 and conversion till financial year

Applicable to all FCs of Agency Channel

Launch Date: 04th Mar’22, Contest Duration: 01st Mar’22 to 31st Mar’22 and conversion till financial year

FYFP Reward
(without credit)

45,00,000

Reward Over and Above All Contest and HPB/HPB SP FY 21-22

Applicable to all FCs of Agency Channel

 Launch Date: 04th Mar’22, Contest Duration: 01st Mar’22 to 31st Mar’22 and conversion till financial year

• FYFP credit: Single Premium: 10%, Regular Premium 100%, C2I: 0%

• 13th Month Persistency must be above 80% to be eligible for benefits during program duration. Last Collection day will be 10th Mar’22. (Includes policies sourced
between 1st Mar’20 to 28th Feb’21 and renewal premium received from 1st Mar’21 till 10th Apr’22).

• 13th month persistency criteria will not be applicable to “Newly coded FCs” and “Existing FCs” who had not done any business between 1st Mar’20 to 28th Feb’20

• No cash benefit in lieu of tickets

• The terms and conditions mentioned hereinafter refer only to the contests launched by DPPM department which are applicable for FCs of the HDFC Life and none of the clauses will
have any bearing on any other form of variable pay-outs for FCs.
• Participation and qualification in contest will be considered as acceptance of terms & conditions defined in presentation and or related communications of the contest
• Policies logged in and converted as per the defined contest dates will only be considered; for converted policies the status in Life Asia should be reflecting as “IF” (In Force)
• Product Credits if specified in the contest and or as defined in the product credit document for the respective contest period will be applicable
• “Qualifier” is the FC who achieves the laid achievement criteria within the duration of the contest The rewards (falling in the definition of perquisites) are taxable as per the applicable
tax laws and will be borne by the qualifier.
• TDS will be booked as per current tax rate. In case of change in TDS Rates at time of fulfilment, new rates will be applicable for final deductions as per new tax Laws.
• The FC should not be in terminated status or in enquiry of fraud at time of fulfilment of reward(s); else the rewards will be forfeited. Any incident(s) of Warning Letter will also lead to
forfeiting of reward(s) in case fulfilment is done within 6 months period from date of warning issued.
• Policies with less than FYFP Rs. 2000/- (irrespective of mode) will not be considered for the contest (FYFP w/o Product Credits) • Advance premium of Monthly policies will not be
counted as received premium
• Please note that GST, Education Cess & any other applicable tax component of the premium will not be included in the received premium
• For contest with reward choices, if an FC does not revert with the choice during the choice period, company reserves the right to choose on behalf of FC. FC will either have to accept
that reward and in case if FC disagrees, the reward will be forfeited.
• For all qualifiers, policies considered for this contest will be checked 90 days post the final result for negations, and achievement will be recalculated. Rewards will be clawed back /
changed as applicable in case the achievement doesn’t meet the contest criteria or the achievement itself changes. Rewards can be changed basis exception approvals as well, kindly
refer to the refreshed list of FR published by BI.
• Exceptions to be raised within timelines defined by the Channel / DPPM / BI as applicable, post which none of the exceptions will be entertained
• The contest will expire in entirety after 180 days from the start date of the contest with the submission of the final accounts. All claims relating to achievement shall be put forth to the
DPPM(R&R) department within 10 days of the final result declaration. Post the expiry of the contest the company will not be liable to settle any claim in any manner.
• Company reserves the right to claw back the given reward in case of cancellation of any policy considered in the contest on account of look-in, cheque bounce, customer complaint etc.
even after the contest period and or fulfilment • The Company reserves the right to insert, alter or withdraw any clause of the contest or the contest itself without any prior notice. In
such an event post facto notification would be sent to levels at or above L2 levels of respective channel by DPPM (R&R) department.

Applicable to all FCs of Agency Channel

Launch Date: 04th Mar’22, Contest Duration: 01st Mar’22 to 31st Mar’22 and conversion till financial year

ALL THE BEST

Applicable to all FCs of Agency Channel