Having a life insurance cover is a necessity for all. In India, many insurance companies offer a variety of life insurance plans to suit the different needs of the people. Read on to about the life insurance plans offered by HDFC.
Buying a life insurance policy is probably one of the most important financial decisions you may take in your life. Have a comprehensive life cover for the family should be one of your financial planning list. It is vital to keep your family protected from the financial loss they may suffer in the event of your untimely demise. It helps you and your family mitigate the risk against any contingency like the sudden death of the breadwinner.
Today, the insurance companies in India offer a variety of life insurance plan to suit the different needs of the people. Today, insurance is not just a protection plan; it has also become an investment instrument that provides valuable returns. So, if you are looking for the best insurance plan that offers a comprehensive coverage or if you are looking for a plan that offers returns on your investment, there are a wide range of options to choose from. HDFC life provides a variety of plans to suit your needs. Let us look at some of the best plans that you can choose:
HDFC Life Click 2 Protect 3D Plus Plan
This is an online term insurance policy, which offers complete security and has an affordable premium. Here the ‘3D’ represents the three major uncertainties that insurance policyholders face – disability, disease and death. This means that the Click to Protect 3D Plus plan provides you coverage not just against death but also against critical illness and disability caused by an accident or any other unfortunate incident. With a claim settlement ration of over 95% this is one of the best life insurance plans you must consider buying. Also, if you buy the policy online, you get 5.5% discount on the premium.
HDFC Life Smart Woman Plan
HDFC Life has a specialized life insurance plan for women. The Smart Woman Plan is an insurance-cum-investment plan that not only provides a comprehensive life cover but also allows women to grow their savings, and make a significant difference in securing their loved ones’ future.
HDFC Life Pension Guaranteed Plan
If you are a salaried employee, retirement is inevitable. This means you may not have a stable source of income post-retirement. But, you may still aspire to live a financially independent life. To enjoy living a life that you aspired, it is best advised to invest in a pension plan. The Pension Guaranteed Plan by HDFC Life is a premium annuity plan that provides a guaranteed income at regular intervals for a lifetime. Based on your personal needs and your expected future expenses, you can choose the annuity amount you wish to receive. The plan also allows you to choose payout option like monthly, quarterly or annual payment.
HDFC Life Sanchay Plus
In your life, over the years, you may achieve many personal milestones. And while this may give you a sense of accomplishment, it also increases your responsibilities. Planning your finances for essential milestones like wedding, becoming a parent and retirement helps you to manage the expenses better. Having a robust life insurance cover can help you accomplish these goals without compromising on the safeguarding your family future financial needs. One of the best life insurance policy that guarantees financial security for your family is the HDFC Life Sanchay Plus. It is a non-linked, and non-participating savings-cum-insurance plan that provides guaranteed returns.