Disclaimer:
1) Available for premium of ₹ 1 lakh & above for limited & regular premium payment options and ₹ 10 lakh & above for Single Premium payment option.
2) As per Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
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Frequently Asked Questions
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You can buy this plan through InCred Premier's partnership with HDFC Life, either online or offline. On our website, you have the option to view and compare the plan's features and benefits before entering your details. We will have a Relationship Manager reach out to you soon.
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HDFC SL ProGrowth Flexi is a unit-linked savings-cum-insurance plan that provides financial security to your loved ones. It offers valuable financial protection to your family in case of your demise.
The plan provides flexible additional benefit options and allows you to invest in a choice of funds.
You have the freedom to choose your premium and investment funds, and at the end of the policy term, you will receive the accumulated value of your chosen funds.
In the unfortunate event of your death during the policy term, your nominee will receive the higher of the sum assured (less withdrawals) or fund value.
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If you pass away during the policy term, your nominee will receive the highest of the following:
Sum assured (less all withdrawals made in the two-year period preceding your death) Unit fund value
Minimum death benefit of 105% of the total premiums paid After the death benefit is paid, the policy will terminate.
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There are 10 fund options available in this plan, including Income Fund, Balanced Fund, BlueChip Fund, Opportunities Fund, Equity Plus Fund, Bond Fund, Diversified Equity Fund, Conservative Fund, Discovery Fund, and Equity Advantage Fund.
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The minimum premium amounts vary based on the premium payment frequency:
Annual: ₹24,000
Half-Yearly: ₹10,000
Monthly: ₹2,500 (mandatory to be taken with ECS/SI and pay the first 3 months' premiums in advance)
