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Guide To Your HDFC 3D Money Back Solution: What Is Payable On Death

This document provides information on the HDFC Life 3D Money Back Solution, which includes two plans - HDFC Life Click2Protect 3D (a term plan) and HDFC Life Sanchay (a non-linked, non-par plan). The solution provides a life cover of Rs. 50 lakh through the term plan. It also offers a guaranteed survival benefit of Rs. 1,39,920 from the money back plan if the policyholder survives till the end of the 47-year policy term. To receive these benefits, the policyholder needs to pay a monthly premium of Rs. 1,175 for 10 years through the two plans.

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48 views

Guide To Your HDFC 3D Money Back Solution: What Is Payable On Death

This document provides information on the HDFC Life 3D Money Back Solution, which includes two plans - HDFC Life Click2Protect 3D (a term plan) and HDFC Life Sanchay (a non-linked, non-par plan). The solution provides a life cover of Rs. 50 lakh through the term plan. It also offers a guaranteed survival benefit of Rs. 1,39,920 from the money back plan if the policyholder survives till the end of the 47-year policy term. To receive these benefits, the policyholder needs to pay a monthly premium of Rs. 1,175 for 10 years through the two plans.

Uploaded by

Rambabu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Guide To your HDFC 3D Money Back Solution

What is Payable on death

Death of Sum Assured of Rs.


Pay Rs. 1,175 per month Life 50,00,000 will
for 10 Yrs Assured be paid to nominee

23 Yrs. 70 Yrs.

What is Payable on Survival

Pay Rs. 1,175 per month Guaranteed Benefit of


for 10 Yrs Rs. 1,39,920 paid at the
end of the Policy Term

23 Yrs. 33 Yrs. 70 Yrs.

Life Cover Benefit: If the person whose life is insured by the plan dies during coverage period, HDFC Life will pay the Sum
Assured specified in the policy. Amount & Period of coverage are shown in table below.

HDFC Life Click 2 Protect 3D Cover available till 2067

Rs. 50,00,000

Survival Benefit: At the end of your HDFC Life Sanchay policy term in the Yr. 2067, you will receive a Guaranteed benefit.

Guaranteed Benefit Non-Guaranteed Benefit Total Benefit

Rs. 1,39,920 0 Rs. 1,39,920

Tax Benefit: The Premium that you pay towards this plan is eligible for deduction from your taxable income under Sec 80C.

Premium Paid for the plan: You will have to pay a premium of Rs. 1,175 per month for 10 Yrs. till 2030, (This premium is
inclusive of GST)
What does this solution include?
This solution is designed using

HDFC Life Click2Protect 3D (Term Plan)


HDFC Life Sanchay (Non Linked Non Par plan)

Death
Policy Premium Payment Premium Monthly Survival
Product Name Benefit
Term (Yrs) Term (Yrs) Payment Mode Premium (Rs) Benefit (Rs)
(Rs)

HDFC
Click2Protect 47 10 Monthly 976 50,00,000 -
3D

HDFC
47 10 Monthly 199 - 1,39,920
Sanchay

Total Premium paid during policy, Rs. 1,39,920, gets returned as Survival Benefit at end of policy term

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