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You are just 4 steps away from securing an assured income for life1
1 2 3
Accumulate Assured Vesting Benefit Redeem You can withdraw up to 1/3rd of the 4
to buy benefit as a lump sum which is Get
Pay premium for On vesting you will get sum
Annuity
3 exempt from tax. guaranteed
limited / regular of
premium paying You can use the rest of the amount income
• Sum Assured 1
term Your policy to buy an annuity from us as per for life
will accrue • Accrued Guaranteed prevailing regulations
Additions2
• Guaranteed OR
• Vesting Addition Build a
additions2 Utilise the entire proceeds to corpus for
every year @ OR purchase another single premium
buying an
3% of Sum deferred pension plan from us
Annuity
Assured Assured Death Benefit
• Vesting of total premiums paid to
addition as a date accumulated at a
lump sum will guaranteed rate of 6%
be added on
vesting per annum compounded
annually4
KEY FEATURES
ADVANTAGE OF ADDITIONS
` n Get Guaranteed Additions2 every year (3% of Sum Assured) that will get accrued for each completed policy year
n A lumpsum Vesting Addition that shall vary by policy term and accrues on vesting
Notes: 1. Assured/Guaranteed income implies an annuity which needs to be purchased on vesting from us. The annuity amount will be as per the prevailing annuity rates as on date of purchase
of theAnnuity policy.
2. Only for policies that are in-force. (3% of SumAssured) that will get accrued for each completed policy year
3. Once purchased the annuity amount is guaranteed for life. (As per available option/s in the annuity plan at the time of purchase of theAnnuity Plan).
4. The minimum death benefit at all times will be 105% of the premiums paid. Refer to the product brochure for more details.
# Refer to the product brochure for more details
*Subject to policy in force. ConditionsApply.
5
TAX BENEFIT
TAX n Premiums paid can be claimed as tax deductions u/s 80 CCC ; subject to provisions contained therein
n Can take up to 1/3rd of vesting benefit which is exempt from tax; subject to provisions contained therein
A significant part of the vesting benefits will not be available as a lump sum but would need to be
mandatorily taken as an Annuity from HDFC Life.
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Visit us at www.hdfclife.com
5. Subject to provisions as per Income TaxAct, 1961.Tax laws are subject to change.
6 PAN is mandatory for total annualized premium under all insurance proposals, aggregated at the customer level, above ` 50,000/- irrespective of premium payment mode. In absence of
PAN other relevant option as per specification will apply- Form 60 / NRI declaration in lieu of PAN. The method to pay your premium towards the proposal/policy of HDFC Life you wish to
take shall be shared to you by your Financial Consultant. Please get in touch with them for the same.
7 Local charges apply.Available on all 7 days from 9 am to 9 pm. Do not prefix any country code eg +91 or 00.
8 Feature of Medical Report is available only for policies accepted at Standard Rate.
HDFC Standard Life Insurance Company Ltd (“HDFC Life”). CIN: L65110MH2000PLC128245. IRDAI Registration No. 101.
Registered Office: HDFC Standard Life Insurance Company Limited, 13th Floor, Lodha Excelus, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011.
Email: service@hdfclife.com, Tel No: 1800227227,Available from Mon-Sat from 9am to 6.30pm (Local charges apply). Website: www.hdfclife.com.
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement
entered into with HDFC Limited.
HDFC Life Guaranteed Pension Plan (UIN No: 101N092V04, Form No: 501) is a non-linked, non-participating, pension plan. Life Insurance Coverage is available in this product. For more
details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.ARN: MC/01/2018/10919.