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A Unit Linked Non Participating Life Insurance Plan that gives coverage against death, accidental disability and critical illness, while you grow your fund
Additional sum assured for the nominee if you meet with an accidental death
Get the total of your Sum Assured and Unit Fund Value if diagnosed with a Critical Illness
If you meet with an Accidental Total & Permanent Disability, we will pay you 10% of the Sum Assured every year
Manage your funds either by switching or by redirecting future premiums into a new fund
Option to make lump sum partial withdrawals from your funds after 5 years of your policy1
Additional sum assured for the nominee if you meet with an accidental death
Get the total of your Sum Assured and Unit Fund Value if diagnosed with a Critical Illness
If you meet with an Accidental Total & Permanent Disability, we will pay you 10% of the Sum Assured every year
Manage your funds either by switching or by redirecting future premiums into a new fund
Option to make lump sum partial withdrawals from your funds after 5 years of your policy1
Maturity Benefit
Your policy matures at the end of the policy term you have chosen and all your risk covers cease.
You may redeem your balance units at the then prevailing unit price and take the fund value.
Settlement Option: You can take your fund value in periodical instalments over a period which may extend to 5 years. The investment risk during the settlement period continues to be borne by the Policyholder. The first instalment under settlement option shall be payable on the date of maturity1.
Disclaimer:
Before buying HDFC SL ProGrowth Super II
Benefit Options |
Term Period (Years1) |
Age at Entry (Years) |
Maximum Age at Maturity (Years) |
||
---|---|---|---|---|---|
Minimum |
Maximum |
Minimum |
Maximum |
||
Life Option |
10 |
30 |
14 |
65 |
75 |
Extra Life Option |
18 |
55 |
70 |
||
Life & Extra Health Option |
65 |
||||
Extra Life and Health Option |
|||||
Life & Disability Option |
25 |
||||
Extra Life & Disability Option |
|||||
Life & Health & Disability Option |
|||||
Extra Life & Health & Disability Option |
Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Assured on attainment of age 18 years.
Age has to be taken as of "last birthday" basis.
For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.
UIN: 101B013V03
Get additional income benefits over and above your Sum Assured in the event of total permanent disability due to an accident.
DOWNLOADUIN: 101B014V02
We pay a lump sum amount equal to Rider Sum Assured upfront if diagnosed with of any of the specified critical illnesses.
DOWNLOADUIN: 101B016V01
Get protected with a proportion of Rider Sum Assured in case of accidental death or partial/total disability due to accident or diagnosed with Cancer.
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Your Required life cover to protect your family’s future is
HDFC SL ProGrowth SuperII, this ULIP plan will help you to provide the finest for your family, be it today or tomorrow. This ULIP aims to help you achieve long term savings.
The HDFC SL ProGrowth Super II gives:
In this plan you can choose your premium and the investment fund(s). We will then invest your premium, net of premium allocation charges in your chosen fund(s) in the proportion you specify. At the end of the policy term, you will receive the accumulated value of your fund(s).
In case of your unfortunate demise during the policy term, we will pay to your nominee
Sum Assured and
The Unit Fund value
Please see Death benefits for details in product's brochure.
There are 10 fund options to choose from in this plan
Income Fund
Balanced Fund
Blue chip Fund
Opportunities Fund
Equity Plus Fund
Bond Fund
Diversified Equity Fund
Conservative Fund
Discovery Fund
Equity Advantage Fund
Minimum premium is ₹ 15,000 for Annual frequency, ₹ 7,500 for Half-yearly frequency, ₹ 3,750 for Quarterly frequency and ₹ 1,250 for Monthly frequency.
Annualized Premium means the premium amount payable in a year excluding the taxes, Rider Premium(s) and Underwriting extra premium on riders, if any. The level of premium chosen by you cannot be altered anytime during the policy term.
Premiums can be paid on yearly, half-yearly, quarterly or monthly basis.
This plan is available with a Short Medical Questionnaire (SMQ) based # underwriting
To check fund performance CLICK HERE
Tax benefits under sections 80C and 10(10D) of the Income Tax Act 1961 subject to provisions contained therein
Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.
The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year.
HDFC SL ProGrowth Super II (UIN:101L066V05) is the name of the Unit linked, Non-Participating, Life Insurance plan.
Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC SL ProGrowth Super II ( UIN:101L066V05) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
ARN: PP/04/23/1533