101. The … (DO NOT prefix any country code e.g. Mumbai 400 011. Do NOT prefix any country code e.g. 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. 1000 p.m* with HDFC Life Click 2 Wealth. The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value. 17/day* - HDFC Life Click 2 Protect 3D plus. They are hiding the important information of charges like policy maintenance charges, administrative charges, mortality charges and others from customers while opening. 5 years, 6 years or 10 years. In case you have a plan with Sum Assured of Rs. There are three premium payment term (PPT) options. 1000 p.m* with HDFC Life Click 2 Wealth. Compare HDFC Life YoungStar Udaan Plan with other insurance plans and buy. 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. I am told it will be only 50% of my premium paid. HDFC Progrowth Plus Review & Charges. Tax on surrender of Life Insurance Policy or ULIP: There can be two tax implications on surrendering of life insurance policy or ULIPs. The policy has a longer freelook period of 30 days, against 15 days in other policies. Grace Period: 15 days grace period is allowed for monthly mode and 30 days for other modes in HDFC Progrowth Plus. 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). Mon-Sat 10 am to 7 pm IST (Local Charges Applicable.) To buy the policy, HDFC Life Insurance proposal form is used. This is a participating plan. Term plan of Rs. Compare HDFC Life Sanchay Plan with other insurance plans and buy. NOTE: Use your registered Mobile Number or Email ID for availing SimplyQlik services. You can also avail the facility of the loan after acquiring the surrender value of the policy. How may I help you ? Protect your family's future goals at just Rs. +91 or 00). 1 crore at less than Rs. Please update via My Account/service@hdfclife.com/18602679999/HDFC Life branch. Hello ! 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. 1000 p.m* with HDFC Life Click 2 Wealth. Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. Before you surrender, make sure you purchase an adequate term insurance policy and invest in mutual funds towards your goals. HDFC Life Super Income Plan is an endowment plan with bonus facility. Oneinsure.com is powered by Robinhood Insurance Broker Private Limited, IRDA Direct Broker License: IRDA/DB 407/08 | Code: 386 | Valid till : 13/11/2023 | CIN ‐ U67200MH2008PTC180492, Principal Officer : Ajay Bansal (Contact No. 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. Maturity Value So to get to the HDFC Life Uday Plan, you have to add all of the following - Sum Assured + Accrued bonus + Any special bonus + Terminal Bonus. In case of surrender, the surrender value of Guaranteed Additions will be payable. Registered Office: HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited). Now, after 7 year when i asked for my surrender value. Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. HDFC Life Super Income Plan is an endowment plan with bonus facility. ... 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. However, your policy will begin to have any surrender value only after paying the second year’s premium. In future, stay away from any investment linked insurance plans. HDFC Standard Life … Special surrender value is the non-guaranteed amount which is either equal to or higher than the guaranteed surrender value. INVEST NOW. 5,00,000 - Use the values in the table as following: Documents Required for Processing Revival. As per regulatory changes, it is mandatory to submit PAN/Form 60 (if PAN is not available) for your policy with immediate effect. HDFC Life will pay you the entire Fund Value immediately. +91 or 00 or  Write to us at Service@HDFCLife.com, NRI Customers : Please write to us at NRIservice@HDFCLife.com. 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). You want a loan against your policy – Loan facility is available after the policy acquires Surrender Value. 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. The total guaranteed surrender value will be the sum of the stated percentage of total premiums paid and the percentage of accrued bonuses. If you miss the free-look period, you can always surrender your HDFC Life ClassicAssure Plus policy. 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. As of 31st Mar 2020 HDFC, Life holds 51.4% stake, 12.3% by Standard Life (Mauritius Holdings) and the remaining by public shareholders. Protect your family's future goals at just Rs. 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. Policy terms will be 10 years (5-year PPT), 12 years (6-year PPT) and 20 years (10-year PPT). Maturity amount shall be paid at the end of the policy term. You want to surrender the policy – If premiums for 3 years have been paid up, then surrender of policy is allowed. The section also consists of different forms which can be used for making any changes in your policy. 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. 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