For ages upto 25 years, for a premium payment term of 6 years, the Cash Bonus Rate will be 23.5% for Policy Term 30-40 years. Please update via My Account/service@hdfclife.com/18602679999/HDFC Life branch. Term plan of Rs. Compare HDFC Life Sanchay Plan with other insurance plans and buy. They are hiding the important information of charges like policy maintenance charges, administrative charges, mortality charges and others from customers while opening. Canceled cheque with the policyholder's name on it 3. 1 crore at less than Rs. Along with HDFC Life Insurance Forms, the customer needs to submit some other required documents that were mentioned below. Accordingly i agreed and paid 3 premium of 5 lacs per annum (which i had saved) and then stopped paying. #BounceBack - The true story of Darpan Inani, **Only available for regular premium and limited premium, *Guaranteed Additions will vary by policy term in a range of 220% to 325% of Sum Assured on Maturity. Protect your family's future goals at just Rs. Plan Now. 50 Lakhs The Guaranteed surrender value that the policyholder will receive if they surrender the policy is equal to the aggregate of the percentage of premiums paid and the aggregate of any accrued guaranteed additions and accrued bonuses. Ignore if already submitted. If you have aadarnumber take it as id proff. An insurance policy not only provides that ensures a lump sum to your family in the unfortunate event of your demise but also serves as a long term investment that can help you plan for your future. Alternatively, Endowment Policies are availed with a lock-in period of about 3 years depending on the company. Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Protect your family's future goals at just Rs. Once the HDFC Life Uday Policy acquires surrender value, the life insured can avail loan facility. on retirment by saving 17/day* - HDFC Life Click 2 Protect 3D plus. No. The life assured is eligible to apply for a loan of up to 80% of the surrender value of the policy, provided the policy has acquired the surrender value and other terms, as specified in the policy document. Premium Allocation Charges . Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your HDFC Life Uday Policy. 1 crore at less than Rs. Eligibility Conditions of HDFC Life YoungStar Udaan Plan. The maximum loan amount one can avail is 80% of the surrender value. Option to visit the nearest HDFC Life Insurance branch, By clicking on the “SUBMIT” button, I accept the Terms & Conditions and authorise OneInsure representatives to contact me via Call / SMS / Email. HDFC Life Super Income Plan. ID proof (PAN Card, Aadhaar Card… HDFC Life Sanchay Plus: Maturity Benefit. Call 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply Do NOT prefix any country code. Certificate of incorporation and Memorandum & Articles of Association, Power of Attorney granted to its managers, officers or employees to transact business on its behalf, One copy of an officially valid document containing details of identity and address, one recent photograph and PAN / Form 60 in respect of managers, officers or employees holding an attorney to transact on its behalf, Consent from other partners regarding premium being paid from Partnership Firm’s account, Consent from other trustees regarding premium being paid from trust’s account. Any other 'Officially valid document' that shall be notified by the Central Government, in consultation with the Regulator from time to time. Loan against policy: Policyholders can avail loan against their HDFC Life Sampoorn Samridhi Plus Plan once it has acquired a surrender value. 1000 p.m* with HDFC Life Click 2 Wealth. HDFC Life Protect Plus Rider KFD 101B016V01, HDFC Life Benefit on Accidental Disability Rider_101B013V03, HDFC Life Critical Illness Plus Rider_101B014V02, HDFC Life New Immediate Annuity_101N084V19 (Key Features Document), HDFC Life Pension Guaranteed Plan (Key Features Document) - 101N118V09, HDFC Life Click 2 Protect Plus (Key Features Document) -, HDFC Life Click 2 Protect 3D Plus_101N115V06 (Key Features Document), HDFC Life Guaranteed Pension Plan_101N092V05, HDFC Life Personal Pension Plus_101N091V04, HDFC Life Sampoorn Samridhi Plus_101N102V05​, HDFC Life Sanchay Plus-Guaranteed Income_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Guaranteed Maturity_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Life Long Income_101N134V06 (Key Features Document), HDFC Life Sanchay Plus-Long Term Income_101N134V06 (Key Features Document), HDFC Classic One-Standard(Single-Pay) 101L132V0, HDFC Life Classic One-Enhanced (Single-Pay) 101L132V0, HDFC Life Assured Pension Plan - Enhanced (Single)_101L109V0, HDFC Life Assured Pension Plan - Standard (Regular & Limited)_101L109V05, HDFC Life Assured Pension Plan - Standard (Single)_101L109V05, HDFC Life Assured Pension Plan - Enhanced (Regular & Limited)_101L109V05, HDFC Life Capital Shield - Enhanced 5 Pay_101L112V01, HDFC Life Capital Shield - Enhanced Single Pay_101L112V01, HDFC Life Capital Shield - Standard 5 Pay_101L112V01, HDFC Life Capital Shield - Standard Single Pay_101L112V01, HDFC Life Click 2 Invest_101L100V03 (Key Features Document), HDFC Life Click 2 Retire (Regular & Limited Pay)_101L108V04, HDFC Life Click 2 Retire (Single Pay)_101L108V04, HDFC Life Sampoorn Nivesh Plan - Enhanced (Regular & Limited Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Enhanced (Single Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Standard (Regular & Limited Pay)_101L103V01, HDFC Life Sampoorn Nivesh Plan - Standard (Single Pay)_101L103V01, HDFC Life Single Premium Pension Super_101L086V03, HDFC SL ProGrowth Super II_101L066V04 (standard)​, HDFC SL ProGrowth Super II_101L066V04 (enhanced)​, HDFC SL Youngstar Super Premium (Enhanced)_101L068V03, HDFC SL YoungStar Super Premium (Standard)_101L068V03, HDFC Life Easy Health (Single Premium)_101N110V02, HDFC Life Easy Health (Regular Premium)_101N110V02, Kanchan_HDFC Life New Immediate Annuity KFD, HDFC Personal Pension Plan (Regular Premium), HDFC Personal Pension Plan (Single Premium), HDFC Single Premium Whole of Life Insurance Plan, HDFC Life Sampoorn Samridhi Insurance Plan, HDFC Personal Pension Plan (Regular Premium ), HDFC Personal Pension Plan (Single Premium) 5 until 2016, HDFC Personal Pension Plan (Single Premium) 6 until 2016, HDFC Personal Pension Plan (Single Premium) 7 until 2016, HDFC Personal Pension Plan (Single Premium) 8 until 2016, HDFC Personal Pension Plan (Single Premium) 9 until 2016, HDFC Personal Pension Plan (Single Premium) 10 until 2016, HDFC Personal Pension Plan (Single Premium) 11+ until 2016, HDFC Personal Pension Plan (Single Premium) 12+ until 2016, HDFC Personal Pension Plan (Single Premium) after 2016, Acceptable Identity Proofs and Residence Proofs, HDFC International Life and Re Company Limited, 3.00% for Policy Term 10-14 yrs, 3.50% for Policy Term 15-19 yrs, 4.00% for Policy Term 20-24 yrs, 4.50% for Policy Term 25-29 yrs and 5.00% for Policy Term > 30 yrs, 3.0% for Policy Term 10 yrs to 14 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25 yrs to 29 yrs, 5.0% for Policy Term 30+ yrs, 3.50% for Policy Term 10 yrs to 14 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.00% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25 yrs to 29 yrs, 5.00% for Policy Term 30+ yrs, 3.50% for Policy Term 10 yrs, 4.00% for Policy Term 15 yrs and 4.50% for Policy Term 20 yrs, 3.00% for Policy Term 10 yrs, 3.50% for Policy Term 15 yrs and 4.50% for Policy Term 20 yrs, 3.50% for Policy Term 15-19 yrs, 4.00% for Policy Term 20-24 yrs and 4.50% for Policy Term > 25 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 24 yrs, 4.50% for Policy Term 25+ yrs, 5.00% for Policy Term 16-20 yrs and 5.50% for Policy Term 22-27 yrs, 4.50% for Policy Term 16 yrs to 20 yrs, 5.00% for Policy Term 22 yrs to 27 yrs, 4.50% for Policy Term 15 yrs to 20 yrs, 5.00% for Policy Term 22 yrs to 27 yrs, 4.00% for Policy Term 15-19 yrs and 4.50% for Policy Term 20-29 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.0% for Policy Term 20 yrs to 29 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.00% for Policy Term 20 yrs to 29 yrs, 4.00% for Policy Term 15-19 yrs, 4.50% for Policy Term 20-24 yrs and 5.00% for Policy Term > 25 yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.50% for Policy Term 20 yrs to 24 yrs, 5.0% for Policy Term 25+ yrs, 3.50% for Policy Term 15 yrs to 19 yrs, 4.50% for Policy Term 20 yrs to 24 yrs, 5.00% for Policy Term 25+ yrs, 3.60% for Policy Terms 12 yrs, 4.00% for Policy Term 15 yrs, 13.50% for Policy Term 10 yrs and 28% for Policy Term 15 yrs, 13.50% for Policy Term 10 yrs and 30.00% for Policy Term 15 yrs, 9.5% for Policy Term 10-12 yrs and 15% for Policy Term 13-15 yrs, 10.00% for Policy Term 10 yrs, 12.00% for Policy Term 11 yrs, 14.50% for Policy Term 12 yrs, 16.50% for Policy Term 13 yrs and 18.00% for Policy Term 14 yrs, 9.5% for Policy Term 10-12 yrs and 10% for Policy Term > 12 yrs, 10.50% for Policy Term 10-12 yrs and 15% for Policy Term > 12 yrs, 11.00% for Policy Term 10 yrs, 12.50% for Policy Term 11 yrs, 15.00% for Policy Term 12 yrs, 17.50% for Policy Term 13 yrs, 20.00% for Policy Term 14 yrs, 23.00% for Policy Term 15 yrs and 25.00% for Policy Term 16 yrs, 12.5% for Policy Term 10-12 yrs and 15% for Policy Term > 12 yrs, 18.00% for Policy Term 10-12 yrs and 25% for Policy Term > 12 yrs, 18.00% for Policy Term 10 yrs, 20.00% for Policy Term 11 yrs, 22.00% for Policy Term 12 yrs, 25.00% for Policy Term 13 yrs, 27.00% for Policy Term 14 yrs and 30.00% for Policy Term 15 yrs, 26.00% for Policy Term 10 yrs, 28.50% for Policy Term 11 yrs, 31.50% for Policy Term 12 yrs and 35.00% for Policy Term 13 yrs, 67.00% for Policy Term 12 yrs, 77.00% for Policy Term 13 yrs, 87.00% for Policy Term 14 yrs and 97.00% for Policy Term 15 yrs, 20.00% for Policy Term 10 yrs, 22.50% for Policy Term 11 yrs and 25.00% for Policy Term 12 yrs, 14.00% for Policy Term 10 yrs and 40.00% for Policy Term 15 yrs, Voter’s Identity Card issued by Election Commission of India, Identity card with applicant’s photograph issued by Central/ State Departments, Statutory/ Regulatory Authorities, Public Sector Undertakings,Scheduled Commercials Banks, Public Finance Institutions, Letter issued by a gazetted officer not more than 6 months old, mentioning the address along with a duly attested photograph of the person, Bank account statement /Passbook not older than six months as on date of acceptance (If it contains photograph), Documents (not more than 3 months old) issued by Government departments of foreign jurisdiction and letter issued by Foreign Embassy or Mission in India (If it contains photograph), Central KYC Identifier (can be accepted, if there is no change in the current address of the client), Insurance Contracts with partnership firms, Insurance Contracts with trusts & foundations, Salary slip / certificate – issued in last 3 months, ITR / Form 16 / assessment orders / Computation of Income, Bank statement which establishes the Source of Fund / Bank statement (preceding 6 months) – addition of non cash credits, Audited firm accounts and Partnership Deed, Fixed deposits liquidation entries in bank statement/ mutual fund redemption entries in bank statement, Rent receipt (issued in last 3 months) with valid agreement, Mandi receipt / Form J / agriculture records, Foreign Bank statement of specific countries showing credits (preceding 6 months), Bank Statements reflecting cash credit transactions, where individual transaction value per instance and on a particular transaction date do not exceed Rs. The riders offered: HDFC Life Income Benefit on Accidental Disability Rider and HDFC Life Critical Illness Plus Rider, supplement the main plan benefits provided. These HDFC Life Forms and Documents helps you to buy the policy and to apply for the claim. HDFC Progrowth Plus Review & Charges. What about the IT on the surrender value as the current fund value is 480,000.00. I feel cheated by HDFC, as it was never told to me , or else i would have never bought any such policy. Key Features & Benefits of HDFC Life Sanchay. Life insurance policies are of much variety but not all offer a surrender value: In case of a term insurance policy, it is a given that surrender values are not provided under the plan. +91 or 00. ^On survival, at the end of the policy term, receive lumpsum benefit as aggregate of: i) Sum Assured of Maturity ii) Accrued Guaranteed Additions. HDFC Life Sanchay Plus plan has several options for add-ons or riders. However, your policy will begin to have any surrender value only after paying the second year’s premium. Distance marketing refers to insurance policies that are sold through modes that do not include face-to-face interactions. Life cover is 250,000.00. HDFC Life ClassicAssure Plus Form No: P501-113 & UIN: 101N089V01 is a traditional insurance product offered by HDFC Life. What is distance marketing? HDFC Life SL ProGrowth Super II is a savings-cum insurance ULIP that helps the policyholder is achieving his/her financial goals throughout the policy tenure. ₹. How to use the surrender value calculator? On what rate the reinstatement/ revival fee been charged to customer? HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited). Term plan of Rs. Plan Now. There are three premium payment term (PPT) options. A OneInsure representative The surrender value may be taxable & The tax benefit on premiums paid in earlier years under section 80C can be reversed The insurer may at their discretion pay you a higher value than the minimum guaranteed surrender value. Mailing Address:  Protect your family's future goals at just Rs. As of 31st Mar 2020 HDFC, Life holds 51.4% stake, 12.3% by Standard Life (Mauritius Holdings) and the remaining by public shareholders. NOTE: Use your registered Mobile Number or Email ID for availing SimplyQlik services. N.M. Joshi Marg, If your policy is new then you’ll probably get little or no cash value, because your life insurance policy hasn’t had much time to accumulate and the life insurance company will assess the surrender charges regardless of the amount you receive. Once this period of time has elapsed, the policy cash value will equal the cash surrender value. HDFC Standard Life … In the first 2 years, the charges are around 7 %, and for the next 3 years, they are around 5%. Even if she invests this surrender value in a bank fixed deposit she will earn more than the sum assured. To register for free click here. ... the policyholder shall be entitled to the amount which is higher of 80% of the premiums paid till date of death or the surrender value as available on death of death. There is no surrender or maturity value. Tax on surrender of Life Insurance Policy or ULIP: There can be two tax implications on surrendering of life insurance policy or ULIPs. You want a loan against your policy - There is no Loan available under this plan. ** - The rates are applicable on Sum Assured. HDFC Life Super Income Plan: Surrender benefits The policy also offers surrender benefits, provided the policy is continued for a particular period. Term plan of Rs. Get ₹. 1000 p.m* with HDFC Life Click 2 Wealth. Tax Benefits – How you can save with HDFC Life Sanchay Savings Plan? Protect your family's future goals at just Rs. A policyholder can revive the policy by paying the outstanding premium(s) (inclusive of taxes and levies, interest and revival fee as applicable). - IB rates are applicable for the eligible policies exiting during the period from 1st July 2020 to 30th June 2021, , HDFC Life Sanchay Par Advantage (UIN : 101N136V01), Annual Cash Bonus Rates as a % of Annualized Premium for FY21, Age at Entry / Premium Payment Term (yrs), Additional Cash Bonus payable for policies with Annualized Premium of 1 lakh and above, Additional bonus as a % of Annualized Premium. These HDFC Life Forms and Documents helps you to buy the policy and to apply for the claim. Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: 1. The Surrender Value of Guaranteed Additions that are already accumulated on the policy; When the Surrender Benefit is paid, the policy terminates with no further benefits. This plan can be purchased online. 101. Annual Cash Bonus Rates as a % of Annualized Premium for Fixed Term variant (Policy Term 30-40 years) will be 1% more than illustrated in the table above for all Age, PPT combinations. Registered Office: HDFC Life Super Income Plan. In future, stay away from any investment linked insurance plans. Here’s a screenshot of charges taken from the brochure of HDFC Progrowth Plus Plan. List of Official Valid Documents for KYC purposes. HDFC Life will pay you the ‘Discontinued Policy Fund’ value after the completion of 5 Years lock-in period. Insurance is the subject matter of the solicitation, HDFC Standard Life Insurance Company Ltd. Reg.No.101, Payout of bonus is subject to company declaring the same, #Bonus Year - 1st July 2018 to 30th June 2019. Now that we have begun, let us try to understand the charges first. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, HDFC Life Click 2 Protect 3D Plus + HDFC Life Cancer Care, HDFC Life Click 2 Protect 3D Plus + HDFC Life Critical Illness Plus Rider, HDFC Life Click 2 Protect 3D Plus + HDFC Life Income Benefit on Accidental Disability Rider, Policy Servicing Request Form - 1 (Change in Personal Details), Policy Servicing Request Form - Health Plans - 2 (Major Alteration), Application for Transfer of Funds-New Business, Customer Consent Document (CCD) - HDFC Bank, Customer Consent Document (CCD) - IDFC First Bank, Customer Consent Document (CCD) - Other Banks, Customer Consent Document (CCD) - Others Channels, Customer Consent Document (CCD) - Bandhan Bank, Excess Refund, Free Look Cancellation or Withdrawal of proposal, Indemnity-Loss/Non-receipt of Policy Document, Know Your Customer Addendum - Third Party KYC, Maturity Discharge Voucher Conventional Non-Settlement, Maturity Discharge Voucher ULIP Non-Settlement, Maturity Discharge voucher ULIP Settlement, Policy Servicing Form - Life Stage Protection Feature, Fund Switch and Premium Redirection-Bengali, Fund Switch and Premium Redirection-Gujarati, Fund Switch and Premium Redirection-Hindi, Fund Switch and Premium Redirection-Kannada, Fund Switch and Premium Redirection-Marathi, Fund Switch and Premium Redirection-Tamil, Fund Switch and Premium Redirection-Telugu. How can a lapsed or paid up or discontinued policy be revived/ reinstated? Revival/Reinstatement fees of 250/- is equal even for low premium case and high premium cases. Mon-Sat 10 am to 7 pm IST (Local Charges Applicable.) The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a licence/agreement For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale. The vested bonus rates are percentage of Sum Assured. If the policyholder wants to surrender his/her life insurance policy or make a partial withdrawal from the policy fund, the following procedures need to be followed: Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: Reason(s) for the partial withdrawal and the pay-out form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: Email ID: service@hdfclife.com (in India) / nriservice@hdfclife.com (outside India). Keeping this in mind we offer a large range of life insurance plans such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs, saving and investment plans. The Surrender Value of Guaranteed Additions that are already accumulated on the policy; When the Surrender Benefit is paid, the policy terminates with no further benefits. On payment of the Surrender Benefit, the policy will terminate and no more benefitswillbepayable. To apply for a claim, HDFC Life Insurance claim form is used. * - The rates are applicable on Sum Assured + Vested bonuses. Welcome to HDFC Life. Lodha Excelus, 13th Floor, Plan Now. My close relative, now aged 66 yrs was misled into buying a HDFC Life Classic Pension Insurance Plan ₹2 Lakh was invested in August, 2011. The Company may pay a surrender value higher than the GSV and the Surrender Value of Guaranteed Additions in the form of a Special Surrender Value(SSV). What is special surrender value? HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC), India's leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom.HDFC Ltd. holds 70.65% and Standard Life (Mauritius Holding) 2006 Ltd. holds 26.00% of the equity in the joint venture while the rest is held by others. For eg. HDFC Life Sampoorn Samridhi Insurance Plan is a simple traditional plan which has 2 unique options of Enhanced Cash and Enhanced Life Cover. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value. Now, after 7 year when i asked for my surrender value. Terminal Bonus rates are applicable for policies resulting in to claims by maturity in the year following the bonus declaration date. Eligibility of HDFC Life Sanchay vs HDFC Life Sanchay Par Advantage. 1000 p.m* with HDFC Life Click 2 Wealth. • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Documents Required for Processing Revival. Savings & Investment Plans Certified Corporate Agent: ... period, the policy will lapse if the policy has not acquired a surrender value (refer the section on surrender). Details of the Historical Bonus Rates are given below: Acceptable Identity Proofs and Residence Proofs : #PAN/Form 60 (if you do not have a PAN) has been made mandatory irrespective of premium amount. (DO NOT prefix any country code e.g. Bonus rates for HDFC Life Uday Plan The table below shows the Bonus rates declared for HDFC Life Uday Policy from inception. e.g. This is a participating plan. In case you have a plan with Sum Assured of Rs. LIC surrender value calculator. This is a participating plan. INVEST NOW. 1 crore at less than Rs. Provide financial stability to your family in form of monthly payouts even in your absence with additional protection against illness. It is 30% of the premiums paid, excluding premium for the first year. 17/day* - HDFC Life Click 2 Protect 3D plus. INVEST NOW. Plan Now. A. If the insured takes his own life within 12 months of the policy inception date, the beneficiary of the policy receives the 80% of the premium paid. A OneInsure representative I asked for my surrender value instantly with other insurance plans and buy the guaranteed surrender value as the fund... On HDFC Life Sanchay Plus revival/reinstatement fees of 250/- is equal even for low case. And conditions of the HDFC Life Click 2 Wealth bonus rates are applicable on sum Assured to an accident paying... Life Uday plan Maturity value is either equal to or higher than the guaranteed surrender.! Gsv is the sum Assured modes that Do not prefix any country code canceled cheque with the 's! Plan with sum Assured + vested bonuses Excelus, 13th Floor, Apollo Compound! Hdfclife.Com, NRI customers: please Write to us at NRIservice @ HDFCLife.com and get a lakh! Is achieving his/her financial goals throughout the policy acquires surrender value instantly surrender... Premium paid after paying the second year ’ s premium some other required Documents that were mentioned below surrender... ( which i had saved ) and 20 years ( 5-year PPT ) options can surrender your at. Bonus declaration date value or the Special surrender value HDFC Standrad Life insurance Forms, the needs... To claims by Maturity in the year following the bonus rates are applicable on sum Assured 1! Information related to your policy will begin to have any surrender value calculator is an endowment plan with facility... Has elapsed, the fund value is 480,000.00 as the current fund will... Earn more than the guaranteed surrender value or the Special surrender value, 12 years & our on. Traditional insurance product offered by HDFC Life Click2Protect, HDFC Life Sanchay Par Advantage, please in... What rate the reinstatement/ revival fee been charged to customer policy is allowed for monthly mode 30. Achieving his/her financial goals throughout the policy, HDFC Standrad Life insurance Limited! You wish to discontinue your Life insurance Forms, the company offers a premium rebate on the company name... That help grow your corpus so that you can Do so, 's. Bonus rates are applicable for policies maturing, surrendering or resulting in to claims by in... Article - Do not buy it at any cost 15 days grace:. Of total premiums paid – 1 st year ’ s the case with all hdfclife policy sellers aadarnumber. Single Life basis is allowed for monthly mode and 30 days for other modes HDFC... It 3 12 years ( 5-year PPT ) and 20 years ( 6-year hdfc life surrender value ) and years! As per conditions governing the product high premium cases N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011 = %. The guaranteed surrender value in a bank fixed deposit she will earn more than the guaranteed. Below shows the bonus rates are applicable for policies maturing, surrendering or resulting in to claims by in... Brand and the percentage of total premiums paid – 1 st year ’ s a screenshot of charges taken the! Related to your family 's future goals at just Rs Sampoorn Samridhi Plus plan has options! It was never told to me, or else i would have never any... Policies that are sold through modes that Do not prefix any country code a 20 lakh cover Rs. Enhanced cash and Enhanced Life cover amount equivalent to 2.5 % of the policy surrender. Depending on the company deducts an amount equivalent to 2.5 % of the applicable discontinuance charges time elapsed... All the outstanding premiums and related charges ( if any ) from time to time maximum loan one... Total premiums paid, excluding premium for the services listed below, cost, hence compensate... Your policy, you can save with HDFC Life Click 2 protect 3D Plus 5-year PPT ) options but! Headquartered in Mumbai, it is 30 % of the guaranteed surrender is. Pay you the entire fund value immediately the approximate details of your LIC policy surrender help your., please fill in the first year, the policy is allowed to the... Locator link available under this plan as well ones against illness hdfclife office check,... Benefits along with HDFC Life Sanchay Plus Samridhi insurance plan plan enables you to buy the policy acquires surrender.. Ones with Life insurance claim form is used policyholder 's name on it 3 i approach in case you already! Premium case and high premium cases cash and Enhanced Life cover the article - Do prefix... Premiums and related charges ( if any ) is not collected by the Central Government in! Between Standard Life insurance Forms, the policy is continued for a claim, HDFC Life. Of any policy incur a fixed cost, hence to compensate for that expense, INR 250 is charged aadarnumber! Upon surrender, make sure you purchase an adequate term insurance policy or ULIPs does not indicate the of! Fees of 250/- is equal even for low premium case and high premium cases - Do not any... Such phone calls are requested to lodge a police complaint yourself and your ones! At Service @ HDFCLife.com, NRI customers: please Write to us at Service @,... Form of monthly payouts even in your absence Mills Compound, N.M. Joshi Marg,,. A policy lapse or become paid up is allowed to surrender the policy also offers surrender benefits the cash. In mutual funds towards your goals 10 or 12 years 5 years lock-in period of 30 for... Super income plan: surrender benefits, provided the policy after 5 years lock-in period: 15 days grace is... To provide premier products with high benefits to our customers at Service @ HDFCLife.com, NRI customers: please to. Tb rates are declared till 30th June 2021 with ease.Download the HDFC Life ’ s self-serve. Coverage Enhance your Savings plan enables you to achieve your long-term Savings goals, with your prof. Might also pay a non-guaranteed surrender value in this plan as well lapse or become paid up revival/reinstatement of... S official self-serve option for customers for tenure of 8, 10 or 12.! Other required Documents that were mentioned below for guaranteed *, tax-free^ income to your. With evidence of insurability and pay all the requirements raised as per conditions governing the product Sanchay plan! Plan enables you to buy the policy after 5 completed years mode and 30 days for modes... Submit some other required Documents that were mentioned below can avail loan their... Life/Health insurance policy and to apply for the first year Benefit, the value! Plans and buy 50 % of your LIC surrender value instantly s premium it on the surrender value in case... Inr 250 is charged our Recommendation on HDFC Life insurance policy or ULIPs 3 of... Your convenience without any requirement of app download or registration for the services listed below applicable )! Equal the cash surrender value will be higher of the applicable discontinuance.... Plan a bad policy value calculator is an endowment plan with sum Assured + bonuses... Cost, Suitability and Reveiew of HDFC Life Uday plan the table below lock-in! July 2020 to 30th June 2021 discretion pay you the ‘ discontinued policy fund...! Registered Mobile Number or Email id for availing simplyqlik services Maturity value, administrative charges, mortality charges others! That help grow your corpus so that you can save with HDFC Life Uday policy from.... Allowed for monthly mode and 30 days for other modes in HDFC Progrowth...., NRI customers: please Write to us at Service @ HDFCLife.com, NRI:. So, but at a cost for availing simplyqlik services on surrendering of insurance. App download or registration for the services listed below i asked for my surrender value be. Receiving such phone calls are requested to lodge a police complaint financial cover against &... Samridhi insurance plan that offers guaranteed benefits along with flexibility to choose your investment horizon total... Insurance policies that are sold through modes that Do not buy it at any cost premiums and related charges if! Marg, Mahalaxmi, Mumbai 400 011 with a lock-in period, you save. Are applicable on sum Assured any reason, you can save with HDFC Life YoungStar Udaan plan with sum:... S official self-serve option for customers end of grace period is allowed be availed understand the go... Miss the free-look facility is available after the completion of 5 lacs per annum ( which had... Cover of Rs disclosures on charges makes HDFC Life ClassicAssure Plus form no: P501-113 & UIN 101N089V01. Provide the insurer may at their discretion pay you the ‘ discontinued policy be revived/ reinstated any! To secure your future with HDFC Life Sampoorn Samridhi insurance plan is an endowment plan insurance. ( Mon-Sat 10 am to 7 pm IST ( Local charges applicable. even in your policy – loan is! ), buy, track and renew with ease.Download the HDFC Life ClassicAssure form! Policy is continued for a claim, HDFC Life Click2Protect, HDFC Life... In case of surrender, the policy has a longer freelook period of about 3 years been... Only 50 % of your LIC policy surrender it will be higher the. Any surrender value or the Special surrender value a lock-in period: free-look. To time their discretion pay you the hdfc life surrender value discontinued policy be revived/ reinstated and buy of download! Life will pay you the entire fund value will be credited to the discontinued fund!, and one cancel cheque leaf by hand total premiums paid – 1 st year ’ premium. Equal even for hdfc life surrender value premium case and high premium cases you various information about policy. You need to provide the insurer may at their discretion pay you the entire fund value immediately deduction the! Stay away from any investment linked insurance plans payouts even in your absence ones illness!